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Robinhood admits it’s just a gambling app.(www.theverge.com)

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SkyezOpen@lemmy.world
3 points

What? The stock took a huge hit after that reveal. It’s a cult of personality.

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hasnt_seen_goonies@lemmy.world
7 points

Yeah, because the market went from having the opinion of “I’m 80% sure that Tesla is going to do this robo taxi, automaton thing” to " I’m 65% sure that Tesla is going to do this robotaxi, automaton thing". Things are rarely all or nothing with the market.

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SkyezOpen@lemmy.world
3 points

I’m 80% sure he’s going to do it, and 100% sure it’ll be a disaster if he does.

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