Rating Robinhood Shares, Proposition 22 Ruled Unconstitutional & Klarna CEO on Customer Growth

Our anchors kick off today’s show with a host of initiations on newly public stock Robinhood. Then, JMP Securities’ Devin Ryan is here to explain why he has an outperform rating on the stock. We also bring you the latest details on a judge ruling Proposition 22, California’s gig worker law, unconstitutional. New York Times Contributor and “Sway” Podcast Host Kara Swisher joins to further break down this new road block to companies like Uber, Lyft and DoorDash. Next, Klarna Co-Founder and CEO Sebastian Siemiatkowski joins as the company reaches 20 million users in the U.S. amid surging demand for flexible payment services. Then, Rhodium Group Senior China Tech Analyst Jordan Schneider joins to share his take on the China crackdown and which sectors he thinks may get hit next. Plus, as Bitcoin reaches its highest level since mid-May we have CNBC’s Kate Rooney cover the rise in popularity of crypto trading among new investors and CNBC’s Mackenzie Sigalos on crypto adoption in Afghanistan. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.