fidelity investments

After the stock market has recovered from the bear market territory following tariff pauses and trade deals, experts at Fidelity Investments and JPMorgan expect it to stay rangebound for 2025. What Happened: After a few deals and pauses were announced in April, Jurrien Timmer, the director of...

The perfect storm of Registered Investment Advisor (RIA) mergers and acquisitions (M&A) is only growing stronger. According to a new study by Fidelity Investments, 2015 saw 89 RIA M&A deals, while last year saw a whopping 233. Over the same decade, the value of acquired assets grew from $...

Fidelity Investments has disclosed a significant data breach that compromised the personal information of over 77,000 customers. The breach, which occurred in August, involved unauthorized access to the company’s systems. What Happened: Fidelity Investments reported that a data breach in...

Editor’s Note: A previous version of the article incorrectly added a market ticker to Fidelity Investments. The article has been updated to reflect the correction. Fidelity Investments is reportedly pressuring ETF firms to pay for listing and maintaining their products on its platform, a move...

Fidelity is seeking permission to stake a portion of the Ethereum (CRYPTO: ETH) held by their proposed spot Ethereum ETF. This would allow ETF investors to potentially earn additional income through staking rewards. What Happened: In the updated filing, Fidelity indicated its intention to engage...

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler gave broad commentary on pending spot Bitcoin ETF applications Thursday as investors eagerly anticipate updates regarding ETF applications.  What Happened: Gensler appeared on CNBC's "Money Movers"...

Elon Musk, the world’s richest person, completed an acquisition of Twitter for $44 billion. One of his backers has now lowered the carrying valuation of the social media platform to well below its price tag. What Happened: Fidelity Investments kept its stake in Twitter, now doing business as...

The Forbes 400 list of the richest people in America is out and has several people leaving the list and newcomers such as Michael Jordan making their first appearance. This year’s list includes 400 people from 40 states with 240 living in four states. California leads the way with 87 of...

Prominent brokerage firm Bernstein highlighted the potential impact of crypto exchange-traded funds (ETFs) on the market, emphasizing that such ETFs not only stimulate demand in the spot market but also act as a beacon of regulatory endorsement. This, in turn, attracts both retail...

The Securities and Exchange Commission (SEC) has deemed recent applications for spot bitcoin exchange-traded funds (ETFs) filed by asset managers as inadequate. Nasdaq and Cboe Global Markets, on behalf of asset managers like BlackRock (NYSE: BLK) and Fidelity Investments, received notification...

March 1 kicks off Women’s History Month to honor the contributions women have made to events in historical and contemporary society. This year, the designated theme, chosen by the National Women's History Alliance (NWHA), is "Celebrating Women Who Tell Our Stories." More...

Fidelity Investments, a $4.5 trillion asset management company, has filed three trademark applications with the United States Patent and Trademark Office (USPTO) for a variety of Web3 goods and services, including an NFT marketplace and a crypto trading platform in the metaverse. The applications,...

Sen. Elizabeth Warren (D-Mass.) said the FTX (CRYPTO: FTT) contagion spread could have been worse if federally-insured banks were “dangerously intertwined” with cryptocurrency. What Happened: During a Senate Banking Committee hearing on Wednesday, Warren...

Three senators contacted Fidelity Investments CEO Abigail Johnson to ask her to please reconsider the addition of Bitcoin (CRYPTO: BTC) exposure to retirement plans.  What Happened: Sens. Richard Durbin (D-Ill.), Elizabeth Warren, (D-Mass.) and Tina Smith, (D-Minn.),...

Jurrien Timmer, the director of global macro in Fidelity's Global Asset Allocation Division, has raised questions on why the U.S. Federal Reserve is committing to an extreme policy when inflation will no longer pose danger. What Happened: Timmer pointed out that the Treasury...