Robinhood Shifts Strategy, Signaling Market Caution

Robinhoods Chief Investment Officer, Stephanie Guild, discusses the companys strategic shift towards safer investments amidst market volatility. The move includes increasing T-bill investments and adjusting the robo-advisors portfolio. Guild highlights the need to consider AIs short-term costs and encourages a more cautious approach, as individual investors start to re-enter the market with riskier assets.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.