Summary: Charles Schwab & Co. experienced temporary outages on their trading platform due to high trading volumes and a technical issue with a key vendor. Other firms like Fidelity and Vanguard also encountered access issues on Monday morning.
Full articleSummary: High trading volumes and technical issues with a key vendor caused temporary outages on Schwab's trading platform on Monday, affecting log-in capabilities for clients. Other firms like Fidelity and Vanguard also faced similar access problems. Interactive Brokers did not experience any outages on Monday.
Full articleSummary: Charles Schwab reported strong growth in core net new assets, total client assets, and client assets under ongoing advisory services for May 2024. The company also opened new brokerage accounts and reiterated its revenue and pre-tax margin targets for the second quarter of 2024.
Full articleSummary: The cryptocurrency market experienced a fall in April following a rally with Bitcoin's price decline attributed to the recent halving event and concerns over high interest rates. Despite this, analysts remain bullish on Bitcoin's future price potential, with various firms predicting significant growth. Zacks has identified five bitcoin-oriented stocks with strong potential for 2024. NVIDIA Corp., Coinbase Global Inc., Robinhood Markets Inc., CleanSpark Inc., and Interactive Brokers Group Inc. are among the top picks.
Full articleSummary: Charles Schwab released its monthly activity report for November 2022, showing a decline in core net new assets and total client assets compared to the previous periods. The company continues to see growth in brokerage accounts but experienced declines in average assets and balances.
Full articleSummary: A comprehensive analysis of the global E-brokerage market provides insights into market dynamics, key players, segmentation, growth trajectories, and regional classification, showcasing potential opportunities and challenges. The report includes a detailed examination of market participants, company profiles, product details, and industry trends.
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