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‘Inexcusable, Vile’: AMC Chief Executive Slams Robinhood Stock Tokens
The Wall Street Journal20d agoneutral
‘Inexcusable, Vile’: AMC Chief Executive Slams Robinhood Stock Tokens

AMC Entertainment chief executive Adam Aron criticized Robinhood Markets' Vlad Tenev on X after the broker launched AMC stock tokens. AMC is among more than 190 companies and ETFs that are now linked to tokens registered by a Robinhood subsidiary on an island roughly 3,000 miles from the U.S. "This quasi-fake market you are creating on the island of Jersey sows distrust amongst the public about financial markets in general," Aron wrote.

Lululemon Falls on China Business; Tesla Cybercab Service | Stock Movers
Bloomberg20d agobearishVIDEO
Lululemon Falls on China Business; Tesla Cybercab Service | Stock Movers

On this episode of Stock Movers: - Lululemon (LULU) shares are diving as its China business is showing signs of strain, with revenue in mainland China falling 2% in the second quarter after adjusting for currency fluctuations. - Tesla (TSLA) shares are lower on news it formally rolled out the Cybercab for robotaxi service, a long-anticipated step in Elon Musk's effort to push the company away from its roots as an auto manufacturer. The US National Highway Traffic Safety Administration opened a probe into the process and technical data on which Tesla relied when it self-certified the vehicles as compliant with federal safety standards. - Robinhood (HOOD) is down as AMC Entertainment boss Adam Aron criticized Robinhood Markets Inc. after the platform launched a tokenized version of the theater chain's shares.

Investing.com20d agoneutral
AMC CEO threatens SEC complaint over Robinhood tokens

Any regulatory action or SEC complaint stemming from Aron's threats would target the platform's rapidly expanding Robinhood Chain token business, which generated over $3.8 million in network revenue on September 1 alone, ranking first among all blockchain networks globally, according to Investing.com market context data.

Stocks to Watch: Volkswagen, Lululemon, AMC
The Wall Street Journal20d agoneutral
Stocks to Watch: Volkswagen, Lululemon, AMC

↗️ Volkswagen (XE:VOW3): Shares jumped 6% after the German automaker’s supervisory board approved a plan to double job losses to 100,000 and halve its model portfolio as it contends with President Trump’s tariffs and intensifying competition from Chinese automakers.

Bitcoin Retakes $80,000 as Bond Yields Retreat
The Wall Street Journal21d agoneutral
Bitcoin Retakes $80,000 as Bond Yields Retreat

Bitcoin broke back above $80,000 Thursday as global bond yields retreated from their 2026 highs, sparking a rally across crypto-linked stocks. The largest cryptocurrency recently traded around $81,119, up about 5% from its 4 p.

Robinhood Stock Soars Thanks to Wall Street Upgrades, Platform Expansion
Barrons.com21d agobullish
Robinhood Stock Soars Thanks to Wall Street Upgrades, Platform Expansion

Shares of Robinhood jumped 15.2% Thursday on a more favorable outlook for the company and after several analysts published positive reports about the brokerage firm’s stock in recent days. Analysts from Morgan Stanley and Scotiabank upgraded Robinhood this week. A Piper Sandler analyst raised his price target as well.

Investing.com23d agobullish
Morgan Stanley upgrades Robinhood, sees 43% upside

Investing.com -- Robinhood Markets (NASDAQ: HOOD) shares are up 2.4% in premarket trading after Morgan Stanley upgraded the stock to Overweight from Equal-weight and raised its price target for the stock to $150 from $124, implying 43% upside.