Robinhood Files For Ipo, One Day After Receiving $70M Fine

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In its IPO filing, Robinhood said it has 18 million retail customers and $80 billion in total assets. : The S&P 500 finished June on a high note last week, closing out the first half of 2021 up more than 15%. With second-quarter bank earnings just around the corner, Goldman Sachs, JPMorgan Chase, Bank of America and Wells Fargo all announced dividend hikes after passing the annual Federal Reserve stress test with flying colors. Morgan Stanley and Wells Fargo led the way, both doubling their annual dividend payout.

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