InvestorNewsBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Expands into FinTech with Truth.Fi LaunchTrump Media & Technology Group (
NASDAQDJT), known for its media ventures, is expanding into the financial services and FinTech sector with the launch of Truth.Fi. This platform will focus on cryptocurrency and customized exchange-traded funds (“ETFs”). It will offer separately managed accounts, ETFs and bitcoin investments. Charles Schwab will provide advisory services on investments and strategy. Trump Media plans to invest up to $250 million of its $750 million assets with Schwab.
Schwab Declares 8% Increase in Quarterly Common Stock Dividend and Declares Preferred Stock Dividends
The Board of Directors of The Charles Schwab Corporation at its meeting today declared a 2 cent, or 8%, increase in the regular quarterly cash dividend to $0.27 per common share. The dividend is payable February 28, 2025 to stockholders of record as of the close of business on February 14, 2025.
Charles Schwab Named #1 Overall Broker by StockBrokers.com
Charles Schwab has been named the #1 Overall Broker in StockBrokers.com’s 2025 Annual Awards. Now in its 15th consecutive year, these awards are based on unbiased research across over 200 variables and seven key categories including Range of Investments, Platforms & Tools, Research, Mobile Trading Apps, Education, Ease of Use, and Overall Broker, to make it easier for investors of all experience levels to choose an online broker.
Schwab Reports Fourth Quarter and Full Year Results
The Charles Schwab Corporation reported net income for the fourth quarter totaling $1.8 billion, or $.94 earnings per share. Excluding $177 million of pre-tax transaction-related and restructuring costs, adjusted (1) net income and earnings per share equaled $2.0 billion and $1.01, respectively.
Schwab Asset Management to Launch the Schwab Core Bond ETF
Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced the launch of the Schwab Core Bond ETF (NYSE Arca: SCCR). It’s the business’s second actively managed fixed income ETF after the launch in August 2024 of the Schwab Ultra-Short Income ETF (NYSE Arca: SCUS). The first day of trading of SCCR is expected to be on or about February 5.
Schwab Trading Activity Index™: December Score Edges Higher for Third Consecutive Month
The Schwab Trading Activity Index™ (STAX) increased to 51.16 in December, up from its score of 49.22 in November. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab’s millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month.
Schwab Asset Management Announces Zero Capital Gains Distributions for Schwab ETFs for 2024
Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced there will be no capital gains distributions for the 2024 tax year by any of the 32 exchange-traded funds (ETFs) in the Schwab ETF family.
Schwab Announces Its Winter Business Update
The Charles Schwab Corporation announced today that it has scheduled a Winter Business Update for institutional investors on Tuesday, January 21st. This Update, which will be held via live public webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus. The program is scheduled to run from 7:30 a.m. - 8:30 a.m. CT, 8:30 a.m. - 9:30 a.m. ET. Participants will include Chief Executive Officer Rick Wurster and Chief Financial Officer Mike Verdeschi.
Schwab Center for Financial Research Announces 2025 Market Outlook
The Schwab Center for Financial Research (SCFR), which provides top-quality research, timely market insights and practical guidance for investors, today released its annual market outlook, Schwab Market Perspective: 2025 Outlook, which highlights the most important economic and market trends that investors should consider for the year ahead.
Schwab Reports Monthly Activity Highlights
The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of November 2024 include:
Schwab Trading Activity Index™: November Score Rises Modestly Following Fed, Election Decisions
The Schwab Trading Activity Index™ (STAX) increased to 49.22 in November, up from its score of 48.37 in October. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab’s millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month.
Generational Wealth Divide: Younger High Net Worth Americans May Reshape How Wealth Is Transferred to Future Generations According to New Schwab Survey
A generational shift is emerging among wealthy Americans planning to pass their wealth, according to Schwab’s new survey of more than 1,000 high net worth1 (HNW) Americans, as younger wealthy Americans break from tradition by opting to transfer their wealth during their lives, rather than waiting until after death. They’re also planning a more prescriptive approach to how their wealth is used.
Schwab Expands Support of RIATA Student Scholarship as It Celebrates Five Years; University Grant Program Set to Reach $25M Milestone in 2025
Today, Schwab Advisor Services™ in partnership with Charles Schwab Foundation announced the expansion of its Registered Investment Advisor Talent Advantage (RIATA) Student Scholarship program. In celebration of its fifth anniversary in 2025, the scholarship program will now award $15,000 to 15 students toward their academic enrollment, increasing the number of students to 15 and amount received by $5,000.
The Schwab Mortgage-Backed Securities ETF (SMBS) Starts Trading
Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, announced the Schwab Mortgage-Backed Securities ETF (NYSE Arca: SMBS) began trading today.
Schwab Reports Monthly Activity Highlights
The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of October 2024 include:
Charles Schwab Donates Nearly One Million Meals to Those in Need During Its Annual “Season of Giving”
To commemorate its annual “Season of Giving,” Charles Schwab employees packed and donated nearly one million meals to families in need across the United States.
Schwab Asset Management to Launch the Schwab Mortgage-Backed Securities ETF
Schwab Asset Management®, the asset management arm of The Charles Schwab Corporation, today announced the launch of the Schwab Mortgage-Backed Securities ETF (NYSE Arca: SMBS). The first day of trading is expected to be on or about November 19.
Schwab Trading Activity Index™: October Score Increases Slightly Amidst Mixed Earnings Season
The Schwab Trading Activity Index™ (STAX) increased to 48.37 in October, up from its score of 47.10 in September. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab’s millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month.
Schwab to Significantly Expand Its 24-Hour Trading Capabilities to Include the Stocks in the S&P 500®, Nasdaq-100® and Hundreds of Additional Exchange-Traded Funds
Charles Schwab, a leader in investing and trading with $9.92 trillion in total client assets that facilitates approximately six million daily average trades, today announced it will begin piloting additional access to the overnight trading session by expanding to include stocks in the S&P 500, Nasdaq-100 and hundreds of additional exchange-traded funds (ETFs) available for trading 24 hours a day, five days a week (24/5).
Maximize Portfolio Income with These 3 Dividend ETFsDividends are an excellent passive income source for investors, and ETFs targeting dividend stocks make the process even easier.
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.25 per common share. The dividend is payable November 22, 2024 to stockholders of record as of the close of business on November 8, 2024.
Schwab 401(k) Study: Employers Step Up to Help Workers Manage Financial Stress
Workers’ financial health has improved slightly this year, and 401(k) participants are increasingly crediting their employers for helping to manage financial stress, according to Charles Schwab’s 2024 401(k) Participant Study. The research finds 64% of workers say their employers have taken action to help them manage financial stress, compared to 52% who said the same last year.
Charles Schwab: Steady Performance, But Is There More to Come?Charles Schwab had a solid quarter, but analysts who view it as fairly valued limit its share price upside. The dividend is safe, but others are better.
Schwab Reports Third Quarter Results
The Charles Schwab Corporation reported net income for the third quarter totaling $1.4 billion, or $.71 diluted earnings per common share. Excluding $153 million of pre-tax transaction-related costs, adjusted (1) net income and diluted common earnings per share equaled $1.5 billion and $.77, respectively.
New Schwab Asset Management Study: ETF Investors Keep Calm and Carry On Amid Market and Political Uncertainty
In a market environment marked by uncertainty, ETF investors are not overly reactive or skittish when it comes to their investments. On the contrary, they demonstrate remarkable calm and steadiness, according to the 2024 edition of “ETFs and Beyond,” an annual study by Schwab Asset Management released this year in conjunction with the 15th anniversary of Schwab ETFs.
