Fidelity Investments
Coverage of Fidelity Investments in the Nexus archive.
- Survey finds 24% of people admit to hiding a money secret from their partner
A Fidelity Investments survey found 24% of people hide money secrets from their partners, with nearly half of couples avoiding financial discussions to prevent conflict. The report highlights that 70% of couples didn’t fully understand their finances before cohabitation, and 42% fully combine their finances, while younger generations are more likely to keep accounts separate.
- How retail investors can participate in the SpaceX IPO
Elon Musk is allowing retail investors to purchase SpaceX stock through its IPO, with 30% of shares reserved for them. The IPO aims to raise $75 billion by selling 555 million shares at $135 each, valuing the company at over $1.75 trillion. Brokerages like Robinhood, SoFi, and Fidelity will distribute shares, with varying account requirements for eligibility.
- Fidelity opened account for Epstein, even as outrage grew
Fidelity Investments opened a brokerage account for Jeffrey Epstein in mid-April 2019, which received over $5 million before being closed in late May 2019, weeks before Epstein's arrest on sex trafficking charges. The account details were revealed through a document briefly published by the United States Justice Department, which later removed it.
- The number of 401(k) millionaires just fell — but workers hit record savings rates. What’s going on?
Fidelity's first-quarter data reveals a decline in the number of 401(k) millionaires, but workers achieved record-high savings rates. The drop in 401(k) balances is offset by increased contributions from employees.
- Fidelity agrees to $2.5M settlement with payouts up to $5K: Do you qualify?
Fidelity Investments agreed to a $2.5 million class action payout to settle a lawsuit over a 2024 data breach, with payouts up to $5K for qualifying individuals. The settlement aims to resolve the issue. Fidelity Investments is taking steps to address the data breach.
- Fidelity Roth IRA
A Reddit user is considering switching from buying Bitcoin via dollar-cost averaging (DCA) on Strike to using a Fidelity Roth IRA account to potentially benefit from tax-free gains. They are evaluating the pros and cons of maxing out their Roth IRA with Bitcoin.
- Her Life Savings Mysteriously Disappeared After a Systems Glitch
A systems glitch at Fidelity Investments caused a user's life savings to disappear, prompting a fraud alert. The incident was reported by the New York Times and discussed on Hacker News.