stock market - Page 4

Robinhood Blames ‘Thundering Herd’ Effect for Stock Trading Outages

The Robinhood trading app crashed this week during a major U.S. trading day, preventing customers from making trades as stocks surged, an outage that lasted into Tuesday. Robinhood is blaming “stress on our infrastructure” and the “‘thundering herd’ effect” for the problems, which it vows to fix. The platform’s customers were not impressed.

The Associated Press

Robinhood App Crashes, Stock Trading Fails over Multiple Days

Popular online brokerage platform Robinhood suffered an outage lasting an entire trading day which prevented customers from making trades as stocks surged Monday. The outage has continued into Tuesday’s trading hours with Robinhood not providing timing for its service to be reinstated.

Robinhood CEO Baiju Bhatt

Tesla Misses Big on First Quarter Earnings

Elon Musk’s electric car company Tesla failed to meet expectations on first-quarter earnings as the demand for Tesla vehicles appeared to sharply drop. The company lost more than $700 million in the first three months of 2019.

Elon Musk

Twitter Stock Drops on Fears of Conservative Exodus

Twitter’s stock dropped, Thursday, after the social network faced controversy for banning two conservatives: Jesse Kelly and Laura Loomer. Financial news site the Street believes the drop is tied to fears of a conservative boycott of the social media platform.

(INSETS: Candace Owens and Louis Farrakhan) WASHINGTON, (DC - SEPTEMBER 5: Twitter chief e