Morgan Stanley Seeks to Replicate Vanguard’s ETF Share Class to Its Existing Mutual Funds
A little-noticed SEC filing from Morgan Stanley has the potential to shake up trillions of dollars in ETF and mutual fund assets.
Vanguard and State Street Steer Clear of Bitcoin ETF Hype
Despite Vanguard and State Street’s decision to abstain, the SEC is approaching a crucial deadline to announce its decision on the first Bitcoin ETF in early January.
Vanguard CEO Rules Out Bitcoin ETF, Stresses Long-Term Investment
With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market.
Apple’s Tim Cook Joins Billionaire Club with the Company’s $1.9T Market Cap
Apple Inc. (NASDAQ: AAPL) CEO, Tim Cook, has seen his wealth surge and achieved a dollar billionaire title. AAPL shares have been on the rise despite negative impact on its global smartphone shipments by coronavirus pandemic.
Abbott Laboratories (ABT) Stock Rises 1% Getting Closer to Its ATH
Abbott Laboratories stock price is rising today after dipping yesterday. ABT is trading at around $91.
U.S. Stocks May Reverse Course by 50% in 2020
Joseph Davis who is the Chief Investment Strategist for Vanguard Group has indicated that U.S. stocks may face the risk of being sold off in large moves by investors
Vanguard Group to Disrupt FX Market Via Blockchain-Powered P2P Trading Platform
By Tolu Ajiboye
A new blockchain platform for asset managers to run direct foreign exchange trading is currently being tested by the Vanguard Group. The platform is set to increase efficiency and reduce heavy costs associated with trading today.
Charles Schwab Eliminates Commissions for Stock and ETF Trading
Charles Schwab will be eliminating its online trading commissions for U.S. stocks, ETFs starting on October 7. The move slashed Schwab stock by 9.7%.