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The Latest Breaking News from Fidelity

Twitter's value plummets, down 71.5% since Elon Musk's purchase

Twitter's value takes a nosedive as Fidelity reveals it's worth 71.5% less since Elon Musk's acquisition. A rollercoaster of leadership changes adds to the...

Top News

First Thing: Biden re-election campaign to put emphasis on fight for democracy

Biden-Harris camp announces campaign plan that aims to draw sharp contrast between US president and Donald Trump. Plus, how to get seriously fit from scratch – in 12 easy, enjoyable steps

The Guardian - UK

Twitter/X loses 71 percent of value since Elon Musk takeover

SOCIAL media platform X/Twitter has lost 71 percent of its value since Elon Musk took over the site, according to an investment fund.

The National (Scotland)

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Elon Musk’s X sees another cut to valuation

Fidelity marks down its shares of X, formerly Twitter, for the fourth time since the acquisition closed in October 2022.

Fortune

Fidelity sets Bitcoin ETF fee at 0.39% ahead of expected SEC approvals

Issuers including Fidelity and Galaxy are jockeying for position to gain an early advantage in the Bitcoin race.

Fortune

Elon Musk's X is now worth 72% less than the $44 billion he paid for Twitter just a year ago

Since Elon Musk bought Twitter for $44 billion the company's value has almost vanished, analysts believe.

iMore

Bitcoin ETFs, SBF, and China: The biggest crypto stories you missed over the holidays

Big names like Fidelity listed the prices they will charge for their impending Bitcoin ETFs—and they are lower than expected.

Fortune

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Value of X has fallen 71% since purchase by Musk and name change from Twitter

Mutual fund Fidelity, which owns stake in social media platform, marks down value of its shares in disclosure obtained by Axios

The Guardian - US

Understanding Mutual Fund Share Classes

An explanation of the differences of mutual fund share classes and what that means for your returns as an investor.

Kiplinger

New College Program Gives Students Seed Money To Invest

A University of Kentucky program provides students with seed money to become better savers and investors.

Kiplinger

Best 401(k) Investments: Where to Invest

Knowing where to find the best 401(k) investments to put your money can be difficult. Here, we rank 10 of the largest retirement funds.

Kiplinger

Fidelity Strategic Income Fund Excels In Hard Year for Bonds

The fixed-income market was volatile in 2023, but this Fidelity bond fund outperformed its peers thanks to strategic moves by management.

Kiplinger

Bitcoin ETF News: BlackRock Meets With SEC Anew; Analyst Labels Meeting 'Most Notable'

BlackRock once again sat with some SEC officials — something it appears to have been doing regularly over the past weeks as anticipation for the possible SEC decision on spot Bitcoin ETF applications heightens.

International Business Times

Google Updates Policy To Allow Crypto ETF Ads As Possible Spot BTC ETF Approval Nears

The changes, as per Google, are based on the latest criteria in its certification process, among which Cryptocurrency Coin Trusts are allowed to create and serve ads on Google granted that they can meet the requirements and secure a Google certification.

International Business Times

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International Business Times

Bitcoin ETF News: Wall Street Giants BlackRock, Fidelity Try To Iron Out Redemption Details With SEC

The recent development suggests that the SEC could be ironing out details before finally approving some spot Bitcoin ETF applications.

International Business Times

Bitcoin ETF News: VanEck Files Fifth Amended Prospectus, Reveals Ticker

After BlackRock submitted another amended prospectus last week, VanEck followed suit with its fifth amendment, showing a unique Bitcoin ETF ticker, HODL.

International Business Times

Fidelity's Spot Bitcoin ETF Ticker Listed On DTCC's Active And Pre-Launch List

While BlackRock's Bitcoin ETF listing pushed the value of Bitcoin to a new high, Fidelity's listing did not have the same impact on the price of the "king of crypto."

Zenger

Binance CEO’s Exit Paves Way For Traditional Giants To Dominate Bitcoin ETF Market

Changpeng Zhao's resignation clears path for BlackRock, Fidelity, and Invesco to take over as SEC considers Bitcoin ETF approval.

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WEKU

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

Fortune

Bank of America® Unlimited Cash Rewards review: unlimited 1.5% cash back on all purchases with no annual fee

The Bank of America® Unlimited Cash Rewards credit card is best for Bank of America Preferred Rewards members who can earn extra rewards on every purchase.

Kiplinger

What Is Margin Trading?

Margin trading is buying and selling stocks with borrowed money. It can generate big rewards, but margin trading also involves multiple risks.

Zenger

Bitcoin Leads Crypto Sector Higher Amid Optimism For Spot ETF Approval

BlackRock, Fidelity, and Grayscale make moves as Bitcoin attempts bullish breakout, Ethereum and Dogecoin remain in triangle patterns.

Zenger

Bitcoin ETF Amendments By Fidelity Fuel Market Optimism

Proposed changes to custody and regulatory disclosures provide hope for spot Bitcoin ETF approval.

Fortune

The ‘Great Wealth Transfer’ is coming. Women are outperforming men in investing, Fidelity study reveals

Ahead of the Great Wealth Transfer, women are outpacing men in several key investment metrics, according to Fidelity.

Fortune

There’s been a ‘power surge’ of new women investors. But there still aren’t enough

“Coming off this summer where the power of the woman’s dollar is so strong, it’s time to accelerate it.”

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People

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