Interactive Brokers CEO welcomes Robinhood to big leagues

FAN Editor

Draper Associates founding partner and early Robinhood trader Tim Draper discusses the trading app’s IPO and bitcoin, arguing the cryptocurrency represents ‘freedom and trust.’ Interactive Brokers CEO Thomas Peterffy started his firm in 1977 and while he is happy to see more competition in the marketplace, he’s not worried about […]

Hard liquor can take the edge off inflation

FAN Editor

Check out what’s clicking on FoxBusiness.com. Liquor companies are taking inflation in their stride. A push into premium brands, coupled with the fact that more drinkers are switching to spirits from beer in key markets, should help maintain their edge. Johnnie Walker distiller Diageo, Budweiser brewer Anheuser-Busch InBev and Swiss […]

Robinhood stock drops in IPO debut

FAN Editor

FOX Business’ Charlie Gasparino on what to expect from Robinhood’s upcoming IPO and why its business model is causing concerns. Robinhood Markets Inc.’s IPO was greeted with a lukewarm response as shares fell over 10% in the first few minutes of trading on the Nasdaq Stock Market under the ticker […]