You Searched For "fidelity funds" and got 20 results
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3 mins read
Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed
As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…
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
2 mins read
New York hides 'its poor, tired, homeless masses' ahead of UN session
City officials have cleared out homeless pavement dwellers from the area around the United Nations …
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
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
4 mins read
Binance and some crypto-friendly VC funds are rushing to join Musk’s bid for Twitter
Both Sequoia and AH are known supporters of the web3 ecosystem that includes cryptocurrencies.…
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
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
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
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
1 min read
Investors have piled $1 billion into crypto funds in 2023, the 3rd-highest annual inflow on record
In the last week alone, digital asset investment products took in $293 million, pushing the total a…
Phil Rosen
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
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
1 min read
CHART OF THE DAY: Investors have yanked nearly $500 million from crypto funds this summer
The half a billion dollars in outflows have come amid recent legal victories in the crypto space an…
Phil Rosen
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
2 mins read
Brace for more banking shocks with the Fed in a 'twilight zone' where it can't tame inflation without threatening financial stability, Fidelity warns
The Federal Reserve and other central banks are trapped in a "twilight zone" that might extend the …
George Glover
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…