Google Parent Alphabet Slashes Nearly 90 Percent Stake in Robinhood Markets
Alphabet, the parent company of Google, recently announced that it has reduced its stake in Robinhood Markets by nearly 90%. This comes after Robinhood reported its first profitable quarter since going public. During the pandemic, Robinhood gained popularity as a financial technology app, attracting retail traders with its commission-free trades and user-friendly interface. However, the …