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Robinhood Up 160% in 2025, But May Face Obstacles
Robinhood's stock hit is up more than 160% for 2025, reports CNBC, and the trading platform's own stock hit an all-time high on Friday. But "Despite its stellar year, the online broker is facing several headwinds..." Florida Attorney General James Uthmeier opened a formal investigation into Robinho...
The probe centers on Robinhood's use of payment for order flow — a common practice where market makers pay to execute trades — which the AG said can result in worse pricing for customers. The company now offers blockchain-based assets in Europe that give users synthetic exposure to private firms like OpenAI and SpaceX through special purpose vehicles, or SPVs. OpenAI has publicly objected, warning the tokens do not represent real equity and were issued without its approval... "What's important is that retail customers have an opportunity to get exposure to this asset," [Robinhood CEO Vlad Tenev said in an interview with CNBC], pointing to the disruptive nature of AI and the historically limited access to pre-IPO companies.
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