Charles Schwab incoming CEO: 'I feel silly' for not buying crypto [Business Insider]
Robinhood Markets, Inc. - Class A (HOOD)
Company Research
Source: Business Insider
Charles Schwab's incoming CEO said he has not personally invested in crypto and prefers stocks. Schwab plans to enter spot crypto trading, pending regulatory changes under Trump's policies. Feeling a tinge of regret for not investing in bitcoin as it approaches $100,000? Charles Schwab's incoming CEO is in the same boat. "Crypto has certainly caught many's attention, and they've made a lot of money doing it," Rick Wurster, the bank's current president, told Bloomberg in a Thursday interview. "I have not bought crypto, and now I feel silly." Wurster explained why he's been reluctant to invest in crypto. "Well, I think what's holding me back is just a question around the true value of crypto," he said. "I like to invest in stocks, and with stocks there's cash flows you can rely upon, there's dividends that accrue to you. With crypto, it's less certain what that will be and it's less certain how to value it." Wurster said that he supports clients who want to invest in crypto
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HOOD
News
- Charles Schwab incoming CEO: 'I feel silly' for not buying crypto [Yahoo! Finance]Yahoo! Finance
- Robinhood's chief legal officer Gallagher rules out becoming SEC chair, CNBC reports [Yahoo! Finance Canada]Yahoo! Finance Canada
- Trump Set to Supercharge Options Boom Driven by Retail Investors [Yahoo! Finance]Yahoo! Finance
- Charles Schwab Eyes Spot Crypto Trading Once Regulations Change [Yahoo! Finance]Yahoo! Finance
- FTX executive and co-founder Gary Wang gets no jail time for role in crypto collapse [Yahoo! Finance]Yahoo! Finance
HOOD
Earnings
- 10/30/24 - Miss
HOOD
Sec Filings
- 11/21/24 - Form 4/A
- 11/20/24 - Form 4
- 11/18/24 - Form 144
- HOOD's page on the SEC website