You Searched For "fidelity funds" and got 17 results
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1 min read
Fidelity owns almost $30 million in OpenAI stock, filing shows
Fidelity invested in OpenAI's $6.6 billion funding round, which closed a few weeks ago.
Samantha Stokes
5 mins read
The investors behind OpenAI's historic $6.6 billion funding round
OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…
Alex Bitter,Ana Altchek,Hasan…
1 min read
X is worth 71% less now after Elon Musk took over and burned its bridges with advertisers: Fidelity
Elon Musk bought Twitter for $44 billion in October 2022. He later renamed to company to X.
Kwan Wei Kevin Tan
9 mins read
Mutual funds: Definition, types, and how to invest
Mutual funds are popular investment vehicles that provide an easy way to diversify your portfolio t…
Lauren Perez,Tessa Campbell
2 mins read
Legendary stock-picker Peter Lynch warns against passive investing — after 'The Big Short' investor Michael Burry called it a dangerous bubble
Lynch said buyers of index funds and ETFs are losing out on market-beating returns, while Burry war…
Theron Mohamed
2 mins read
Legendary investor Peter Lynch breaks with Warren Buffett, warning passive investors they're losing out and backing the best fund managers to keep beating the market
Lynch, who scored a 29% annualized return over 13 years as the head of Fidelity's Magellan fund, ar…
Theron Mohamed
2 mins read
Crypto fund flows this year have surpassed the total seen in all of 2021 as ETFs stoke huge demand
It took less than three months since the approval of 11 bitcoin ETFs for fund inflows to top what w…
Phil Rosen
1 min read
Stablecoin issuer Circle nets $400 million in funding from backers including investment giants Fidelity and BlackRock
Wall Street giants BlackRock and Fidelity are backing Circle, issuer of the USDC stablecoin, in a $…
Phil Rosen
2 mins read
Global funds giant Fidelity joins the race for the first US bitcoin ETF
The move from Fidelity - which has around $4 trillion under management - is the latest sign of inst…
Harry Robertson
2 mins read
'We need to appeal to the Gen Z-ers': A Fidelity fund manager overseeing $230 billion explains how his firm is responding to the Robinhood revolution — and laments selling out of Tesla
"A typical Gen Z-er may not be as interested in owning a mutual fund," said veteran fund manager Wi…
Emily Graffeo
2 mins read
'I kick myself': A veteran Fidelity fund manager says he dumped his GameStop stake before its epic rally
Fidelity was once the largest shareholder of GameStop with 9.3 million shares before selling the st…
Natasha Dailey
1 min read
Twitter is worth half as much as it was when Elon Musk bought it, Fidelity says
Fidelity significantly marked down its stake in Twitter in November to $8.63 million, from $19.66 t…
Brian Evans
2 mins read
Senator Elizabeth Warren calls for Fidelity to explain how it will address risks associated with people investing in bitcoin through their 401(k)
"In short, investing in cryptocurrencies is a risky and speculative gamble," said Senator Warren an…
Carla Mozée
2 mins read
A top fund manager backed Tesla early after a surprise pitch from Elon Musk - and bet on Google after meeting with Ask Jeeves
Will Danoff, who manages Fidelity's $132 billion Contrafund, met with Tesla in 2010 as "an aftertho…
Theron Mohamed
3 mins read
Saving money might be hard, but it can kick off a lifetime of financial security and even long-term happiness
Perhaps the meaning of financial security has changed for you during the pandemic, but if you can a…
Tanza Loudenback
3 mins read
Meet Paxos, the startup behind some of Wall Street's biggest crypto offerings from Bank of America, Mastercard, and PayPal
Paxos works with financial giants like Bank of America, Mastercard, and PayPal to provide the back-…
Bianca Chan,Carter Johnson
2 mins read
Investing icon Peter Lynch warned against speculating, panicking, and trying to predict the market in a rare interview. Here are the 9 best quotes.
The legendary fund manager discussed when to buy and sell stocks, and recommended investors do thei…