Global Market Crash: Robinhood Halts Trading For 24 Hours!

Category: Finance

Robinhood has suspended its 24-hour trading service amid a significant market downturn, causing division among users regarding the implications of this move. Major global indices have seen steep declines, with the crypto market also suffering substantial losses. The decision aims to protect investors from panic-driven trades but raises concerns about market manipulation and financial stability.

Keywords: Robinhood, Market Downturn, Crypto Losses

Source: Coinpedia

Update At: 8/6/2024

Related Sources

This Is What Whales Are Betting On ASML Holding - ASML Holding (NASDAQ:ASML)

Investors with a bearish stance on ASML Holding have made significant trades, indicating a potential upcoming event. The big-money traders have been eyeing a price window from $800.0 to $1580.0 for ASML Holding. ASML is a leader in photolithography systems used in semiconductor manufacturing.

Benzinga

Bull of the Day: ASML Holding (ASML)

Bull of the Day

Zacks Investment Research

A Closer Look at ASML Holding's Options Market Dynamics - ASML Holding (NASDAQ:ASML)

Financial giants have shown bullish activity on ASML Holding with 79 unusual trades spotted. Traders displayed both bullish and bearish tendencies, with whales targeting a price range from $820.0 to $1460.0 over the last 3 months. ASML is a leader in photolithography systems for semiconductor manufacturing, with key clients being TSMC, Samsung, and Intel. The stock is currently trading at $1068.53 with a consensus target price of $1242.5 from market experts.

Benzinga

ASML (NASDAQ:ASML) Hits New 52-Week High After Analyst Upgrade

ASML Holding shares reached a new 52-week high after Susquehanna raised their price target on the stock. ASML has received positive ratings from various research reports and analysts. The company's financials show a strong performance with high earnings per share and revenue. ASML Holding N.V. develops and sells advanced semiconductor equipment systems for chipmakers.

American Banking and Market News

ASML Holding (NASDAQ:ASML) Receives $1,043.00 Consensus PT from Brokerages

ASML Holding has received a 'Moderate Buy' rating from analysts, with a 12-month price target of $1,083. Recent research reports have provided positive ratings and price target updates for the company. ASML reported strong earnings results, beating analysts' expectations. The company also announced a quarterly dividend. Hedge funds have shown interest in ASML, with notable increases in their stakes.

American Banking and Market News

Kinsale Capital Group Inc. Purchases 5,180 Shares of Johnson & Johnson (NYSE:JNJ)

Kinsale Capital Group Inc. raised its stake in Johnson & Johnson by 20.9% during the first quarter. Various institutional investors and hedge funds have also bought and sold shares of the company. Equities analysts have provided ratings and price targets for JNJ stock. Johnson & Johnson reported earnings exceeding estimates and increased its quarterly dividend. The company operates in the healthcare field globally.

MarketBeat

Johnson & Johnson (NYSE:JNJ) Shares Acquired by Redmond Asset Management LLC

Redmond Asset Management LLC increased its stake in Johnson & Johnson by 0.4% in the first quarter. The institutional investor now owns 33,754 shares of the company's stock. Johnson & Johnson's stock is valued at $5,340,000 in Redmond Asset Management LLC's investment portfolio. Various other hedge funds have also made changes to their positions in the stock. Johnson & Johnson's stock opened at $149.24 on Tuesday with a market capitalization of $359.17 billion. The company has received multiple ratings from investment analysts, with a consensus rating of 'Moderate Buy' and an average target price of $174.07.

American Banking and Market News

Commonwealth Retirement Investments LLC Has $6.65 Million Position in Johnson & Johnson (NYSE:JNJ)

Commonwealth Retirement Investments LLC increased its holdings in Johnson & Johnson by 19.5% during the first quarter, owning 42,063 shares worth $6,654,000. Other investors also made changes to their positions. Johnson & Johnson's stock details include opening at $149.69, market capitalization of $360.26 billion, and a quarterly dividend increase to $1.24. Analysts have issued various ratings on JNJ stock, with a consensus rating of 'Moderate Buy' and an average target price of $174.07.

American Banking and Market News

Sfmg LLC Buys 327 Shares of Johnson & Johnson (NYSE:JNJ)

Sfmg LLC increased its stake in Johnson & Johnson by 2.3% in the 1st quarter, with a total of 14,344 shares worth $2,269,000. Various other institutional investors and hedge funds also adjusted their positions in JNJ. Analyst reports on JNJ have varied, with price targets and ratings from different financial institutions. Johnson & Johnson's recent earnings report exceeded expectations, with $2.71 earnings per share for the quarter. The company's revenue was slightly higher than the consensus estimate. Johnson & Johnson operates in the healthcare sector, offering products in various therapeutic areas globally.

American Banking and Market News

Essex LLC Has $5.09 Million Stake in Johnson & Johnson (NYSE:JNJ)

Essex LLC reduced its position in shares of Johnson & Johnson by 1.2% in the 1st quarter. Several institutional investors have adjusted their stakes in JNJ. Research analysts have provided ratings and price targets for the stock. Johnson & Johnson's stock performance, financial data, and recent quarterly earnings are discussed.

American Banking and Market News