A Polymarket trader booked $9M after Cabo Verde's historic World Cup draw against Spain.
It appears using AI as a cover story for cutting jobs is fast falling out of fashion.
Does Interactive Brokers' global scale, automation and profitability make it the steadier bet, while Robinhood's growth story carries higher risk? Let's find out.

Robinhood Cuts 10% of Staff

10:11am, Tuesday, 16'th Jun 2026
Robinhood Markets (HOOD) rose 2.01% intraday after filing a reduction in force of approximately 10% of its full-time workforce, along with the closure of a smal
Robinhood Markets Inc (NASDAQ:HOOD) announced on Tuesday that it will reduce its full-time workforce by approximately 10%, or about 290 positions, as the online brokerage seeks to streamline operation

Robinhood Markets Stock Pops on Layoff News

09:54am, Tuesday, 16'th Jun 2026
Robinhood Markets Inc (NASDAQ:HOOD) is comfortably in the black this morning, last seen up 0.7% at $98.80 after announcing it will be laying off roughly 10% of its workforce.
Robinhood said it's laying off 10% of its staff on Tuesday. CEO Vlad Tenev said Robinhood's business "has never been stronger," but it needed an org chart "flattening.
Stock futures are mixed this morning as investors continue to digest U.S.-Iran peace deal updates
This is a developing story.
Robinhood Markets said on Tuesday it will reduce its full-time workforce by roughly 10%, affecting about 290 employees, as part of a restructuring effort that comes despite record trading activity acr
Robinhood's stock, already riding a four-session winning streak, looked to continue its climb.
Robinhood Markets, Inc. (NASDAQ:HOOD) shares are in focus Tuesday after the company announced a reduction in workforce affecting approximately 10% of its full-time employees.
Highflying technology and artificial intelligence stocks are climbing early Tuesday but the rally isn't nearly as broad-based as the previous session.
Robinhood Markets will lay off about 10% of its workforce, representing roughly 290 jobs, aiming to cut costs and work more efficiently.
Robinhood stock was gaining as it announced a 10% cut to its workforce.
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