4.6 • 1.6K Ratings
🗓️ 10 December 2024
⏱️ 11 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | exchanges, the Goldman Sachs podcast featuring exchanges on the forces driving the markets and the economy, |
0:07.8 | exchanges between the leading minds at Goldman Sachs. |
0:11.4 | New episodes every week. Listen now. |
0:18.4 | Welcome to Tech News Briefing. It's Tuesday, December 10th. I'm Bell Lynn for the Wall Street Journal. |
0:25.8 | Robin Hood, the online brokerage got its start by making it easy to trade stocks on mobile devices. |
0:33.3 | We'll find out why the company now believes it needs to go back to the desktop computer. |
0:39.9 | Then, a small chipmaker named Marvell may not be a household name yet, |
0:45.0 | but its latest gains have put the company's market cap ahead of the chip giant Intel. |
0:51.3 | Our heard-on-the-street columnist Dan Gallagher tells us what's behind Marvell's stock |
0:55.8 | and how the company can stay on top. |
1:03.5 | But first, Robin Hood is heading into the era of desktop computers. The trading platform, best known for its mobile app, seems to be heading back in time as part of its growth strategy. |
1:17.7 | WSJ's Danny Lewis spoke with Tellis Demos, a writer for our Heart on the Street column and co-host of WSJ's Take On the Week podcast. |
1:26.6 | Here's their conversation. |
1:28.1 | Tell us, why does Robin Hood want to build up a desktop user base? |
1:32.1 | Well, when you think of Robin Hood, of course, you think of how it really became prominent, |
1:36.6 | and that was making it really easy to trade, particularly on your mobile phone. |
1:41.4 | Robin Hood's obviously been through a lot the last few years. |
1:43.9 | It's had its |
1:44.3 | ups and downs through the 2021 meme stock crazed to the sort of down market of 2022. And now things |
1:50.0 | have come roaring back for a lot of traders. And so what Robin Hood is saying is that one thing |
1:55.6 | it really wants to do is lock down what it calls active traders. That is, people who are retail traders, but are very |
2:02.3 | serious about it. These aren't just people who are like, oh, I'm going to buy a little stock |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.