fidelity investments

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...

In the near future, Bitcoin (CRYPTO: BTC) may stand in stark contrast to the course that the rest of the world and fiat currencies may pursue, particularly the one of increasing supply, extra currency creation and central bank balance sheet growth, according to Fidelity Digital Assets. In the...

Citadel Securities, alongside Virtu Financial Inc (NASDAQ: VIRT) and venture capital firms Sequoia Capital and Paradigm, is building a cryptocurrency trading ecosystem. With this, retail brokers would be able to offer better crypto-execution to customers. Why It Matters: Fidelity...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is reportedly in discussions with investment firms and high-net individuals about financing his takeover of Twitter Inc (NYSE: TWTR) in such a manner that less of his wealth would be tied up in the deal — one prominent...

As cryptocurrency Bitcoin (CRYPTO: BTC) gains in price and interest from investors and people new to the sector, the coin is gaining more use cases from companies. While some companies are adding Bitcoin to their balance sheets, like Tesla Inc (NASDAQ: TSLA) and Block Inc (NYSE: SQ), there are...

Fidelity Investments Inc. has moved to allow investors to put a Bitcoin (CRYPTO: BTC) account in their 401(k) retirement savings. What Happened: Fidelity will be the first major retirement plan provider to offer the option of adding Bitcoin to retirement savings, according to a Tuesday report...

A Reddit IPO could be among the biggest stock market topics for 2022. One publicly traded conglomerate may stand to benefit from the IPO, thanks to being involved in several funding rounds. What Happened: Reddit has filed paperwork to go public. The move comes after the company was valued at $...

Financial services giant Fidelity made a case for the approval of a Bitcoin (CRYPTO: BTC) exchange-traded fund in a private meeting with the SEC, according to a Bloomberg report.  What Happened: On Sept. 8, Fidelity Digital Assets president Tom Jessop and six of the firm...

What Happened: Fidelity Investments' charitable gift fund, Fidelity Charitable, received over $28 million worth of donations in cryptocurrency. According to the report, donations made in crypto were up 115% since last year. Why it matters: The fund’s ability to accept Bitcoin (BTC)...

Say Technologies formally announced Thursday its Shareholder Communication Platform is available for integration into partner mobile applications. The platform of tools, which allows for increased shareholder engagement and proxy voting, will be integrated and tried within the Fidelity Mobile app,...

Steve Neff, the current chief of asset management at Fidelity Investments Inc. (NYSE: FNF), will retire in February, according to a report by The Wall Street Journal. What Happened Neff, who took over as Fidelity’s asset management chief less than a year ago, recently announced his...

The price wars are heating up in the online investment space. More than a week after Charles Schwab Corporation (NYSE: SCHW) announced it would eliminate commissions on online trades, Fidelity Investments adopted the same strategy for its 21.8 million accounts. Fidelity will no longer charge its...

The 2018 Benzinga Fintech Summit began Wednesday in San Francisco with a keynote address from Jeff and Walter Cruttenden, the father-son team that co-founded several startups including Acorns, one of the most widely used investing apps in the world, and have since launched Say and Blast. JP...

Bitcoin and other cryptocurrency prices soared Monday after Fidelity announced the launch of a new company that could help increase access to digital currencies. What Happened? Fidelity is creating Fidelity Digital Services, a new company that will deal exclusively with cryptocurrency custody and...