Robinhood

• Approximately 1,100 AI industry insiders from major firms including OpenAI, Google, and Anthropic have signed a petition calling for an international framework to "pace" AI development. • The move follows recent open letters from NVIDIA CEO Jensen Huang and Anthropic CEO Dario Amodei regarding the role of open source in the industry. • This collective effort highlights a growing urgency among tech leaders to establish global safety and regulatory standards as AI capabilities accelerate.

• Robinhood (HOOD) shares rose 4.72% to $113.78, driven by bullish investor sentiment and news of global expansion. • The surge follows the rollout of a blockchain platform, tokenized equities, and the acquisition of WonderFi, alongside a product unveiling event in London. • Growth is further supported by expanded offerings in crypto, perpetual futures, and new dividend features, pushing the stock above its 20, 50, and 200-day moving averages.

• Major corporations including Meta, Robinhood, Walmart, and Oracle are leading a wave of job cuts in 2026 as they pivot toward AI-driven operations. • These layoffs are driven by a strategic shift to invest heavily in artificial intelligence, raising concerns regarding automation and previous corporate over-hiring. • The trend underscores a broader workforce transformation, with OpenAI CEO Sam Altman predicting that AI will eliminate entire job categories while simultaneously creating new roles.