Robinhood Shares Head for Brutal Weekly Loss as Bitcoin, AI Stocks Are Hit Hard

Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard

The platform's core business relies on retail investors pouring into speculative corners of the market, particularly crypto and AI-linked stocks.

Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard

The platform's core business relies on retail investors pouring into speculative corners of the market, particularly crypto and AI-linked stocks.

Robinhood shares head for brutal weekly loss as bitcoin, AI stocks are hit hard

Omar Marques | Lightrocket | Getty ImagesRobinhood shares are heading for a brutal weekly loss as the once-red-hot trades in bitcoin and AI stocks that powered its growth lose momentum.Shares of the trading platform slid 10.1% on Thursday, extending a sharp decline that has pushed the stock down 13.3% for the week. The slump has…

Wall Street warns of rising AI debt risk as stocks slide on wobbly investor confidence — analysts warn of 'systemic risk' as Nvidia share price creaks

Wall Street analysts are growing increasingly concerned about the interconnected revenue relationships of many of the top AI and tech companies and their rapidly expanding debts, financing enormous infrastructure projects. This has investors worried, and stocks are sliding as concerns are rising.