Is Robinhood Sending J. Jill Stock Soaring 157% in Big Risk Trade?

J. Jill stock’s 157% surge Tuesday looks like the work of retail investors on free brokerage apps like Robinhood. It’s a penny stock in a beaten-down company with a big brand teetering on the verge of bankruptcy, common fair on Robinhood. They came for Hertz, Delta, American Airlines, Carnival, and Ford. The retail crowd could …

Square Rallies As Stock Mania Stresses Rival Robinhood with Outages

Robinhood suffers an outage as Bloomberg reveals an SEC probe of previous outages in March. On this major trading day, several other brokerage platforms went down. But Square Payments’ CashApp emerged unscathed, giving its stock a boost. Monday was brutal for stock brokerage app Robinhood. The same day the Bloomberg reported an SEC probe into …

Fed Is Destroying the Dollar With Inflation. There’s No Turning Back

Federal Reserve Chair Jerome Powell introduced the central bank’s plan to target a 2% average inflation rate. Since then, strategists have expressed concerns about inflation and the potential risks to market stability it could bring. It poses more selling pressure on the U.S. dollar, which already declined substantially in the past four months. The Federal …