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Today, the U.S. House of Representatives passed Representative Mike Flood’s (NE-01) bipartisan H.J.Res. 109, “Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to ‘Staff Accounting Bulletin No. 121.’” H.J.Res. 109 overturns the SEC’s SAB 121 under ...
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US neobroker Robinhood Markets, Inc. (NASDAQ:HOOD) is seeing its shares rise by 7% in aftermarket trading on Wednesday, after the company reported fairly upbeat results for the first quarter of 2024. Robinhood reported record quarterly revenues of $618 million in Q1-2024, up 40% year-over-year. The company also saw record GAAP Diluted EPS of $0.18 per ...