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NYSE, 1979. Photo: Santi Visalli/Getty Images

Imagine buying or selling stocks with a simple command: "Alexa, buy 10 shares of Apple." Keep imagining because we're not there yet.

Driving the news: TD Ameritrade said today that it is the first brokerage firm to allow clients to buy stocks using Alexa.

But it's a lot more complicated than that: Trading on Alexa is actually a 10-step process (not including the one-time setup), per an audio demo that Axios heard.

  • First you dictate a pre-established security code.
  • Then you specify the symbol or company you want to trade.
  • Once Alexa reads back the ticker, it gives a "gut check" with the current stock price and how much money you have in your account.
  • You say whether you want to buy at the current price, or another.
  • If it's the latter, you provide the alternate price (first the dollars, Alexa confirms, then the cents) and Alexa confirms, again.
  • Finally you specify the shares you want to buy, verify and review the order, then repeat the security code. Alexa confirms, and finally your trade is complete.

Harrumph. In the same time, you could phone in the trade, or use TD's mobile app.

  • On the upside: Alexa-enabled stock trading will be helpful for aging populations, those with dexterity issues or people who simply want to buy and sell while multi-tasking, Sunayna Tuteja, TD Ameritrade's head of emerging technologies, tells Axios.
  • One trader, Demond Hicks, who runs consulting firm Hicks Holdings, says he is "interested in the convenience of it all."
  • Another investor, Jackie Koski, who has an account with TD Ameritrade, also says she plans to try it.

The bottom line: This is a big task for Alexa, which is notorious for mishearing verbal cues. Buying stocks via home assistant won't be a one-step process anytime soon. That's a good thing, since any errors would be more disastrous than, say, accidentally ordering too many dollhouses.

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Rep. Rice demands Cuomo resign after 3rd woman accuses him of misconduct

New York Gov. Andrew Cuomo during a February news conference in New York City. Photo: Seth Wenig/POOL/AFP via Getty Images

Rep. Kathleen Rice (D-N.Y.) on Monday evening called for New York Gov. Andrew Cuomo (D) to resign, after a third woman accused him of inappropriate behavior.

Driving the news: Anna Ruch, a former member of the Obama administration and the 2020 Biden campaign, told the New York Times Monday that Cuomo asked to kiss her at a New York City wedding reception in September 2019.

Scoop: Inside the GOP's plan to retake the House

House Minority Leader Kevin McCarthy. Photo: Elijah Nouvelage/Bloomberg via Getty Images

House Republicans will reclaim their majority in 2022 by offering candidates who are women, minorities or veterans, a memo obtained by Axios says.

Why it matters: The document, drafted by a super PAC blessed by House Minority Leader Kevin McCarthy, names top Democrats to target — Jared Golden of Maine, Matt Cartwright of Pennsylvania and Ron Kind of Wisconsin — and the type of Republican candidates to beat them.

4 hours ago - Politics & Policy

Scoop: Trump talked out of early Ohio endorsement

Jane Timken at a 2017 Trump rally. Photo: Kyle Mazza/NurPhoto via Getty Images

Donald Trump had to be talked out of making an early endorsement in Ohio's 2022 U.S. Senate race, a sign of his eagerness to reengage politically, people familiar with the conversations tell Axios.

What we're hearing: The former president discussed endorsing former state GOP chair Jane Timken last week during a meeting at Mar-a-Lago with RNC Chairwoman Ronna McDaniel, but top advisers — including Donald Trump Jr. — urged him to wait.