FinTech Acquisition Corp. is acquiring EToro, a popular European alternative to Robinhood. $FTCV, which offers crypto and stock trading in Europe, rose 43% on the news. In 2018, EToro began offering limited crypto trading in the U.S. The broker plans to expand stock trading into the U.S. later this year. <br /><br />Online sandbox game platform ROBLOX has had an excellent first week on markets. It quickly captured the attention of ARK Invest’s Cathie Wood, who added it to her $ARKW portfolio hours after IPO. This week, it’s getting another lift from Stifel, who has set $RBLX's price target at $85. The momentum from both retail and institutional investors has sent $RBLX rising nearly 7% today.<br /><br />iHeartMedia is fielding an investor offer to buy nearly half of the company, sending shares of the stock up 11%. The offer, which has been filed with the Federal Communications Commission for approval, allows Global Media & Entertainment Investments to increase its 8.7% stake in iHeartMedia to as much as 49.99% of the company. Global Media owns radio stations, predominantly in London. The deal for $IHRT is pending regulatory approval.
