He says Fidelity wouldn't let him sell during Reddit mayhem, costing him $830,000
CNN
Robinhood is in hot water for banning investors from buying GameStop during part of last month's Reddit-driven market mayhem. And now Fidelity is being accused of preventing one investor from selling some Reddit darlings, a move he says cost him $830,000.
Louis Hernandez filed a claim with Wall Street's self-regulator against Fidelity Brokerage Services on Thursday for blocking his attempts to unload shares of Nokia (NOK) and AMC (AMC) on January 28, his lawyer told CNN Business. Hernandez, who lives in Arizona, eventually sold the shares at a steep discount from where they had been trading when he initially tried to sell them, the lawyer said.
President Donald Trump’s tariff ambitions have been a tough sell. They’ve put investors in a tizzy, sending financial markets spiraling; cost him the support of many members of his own voter base; and angered CEOs.
If you hadn’t heard of Signal before Monday, chances are you have now.
As we all live more of our lives online, it’s important to understand who might have access to our conversations and internet searches – and to understand how to maintain privacy in an increasingly connected world.
America’s economic mood continues to deteriorate as President Donald Trump carries on with his sweeping economic agenda.
Many 23andMe customers signed up to the genetic testing service in hopes of learning fun or interesting information about their past. But consumer advocates are now urging those users to request the deletion of their accounts and data from the site, to prevent their genetic information from ending up in unexpected hands.
Florida has been working for years to crack down on employers that hire undocumented immigrants. But that presented a problem for businesses in the state that are desperate for workers to fill low-wage and often undesirable jobs.
China’s BYD recorded revenues of 777 billion yuan ($107 billion) for 2024, surging ahead Elon Musk’s Tesla in annual sales amid intensifying competition in the global market for clean-energy cars.
Spinning bright red handkerchiefs and dancing in step to folk music, more than a dozen human-like robots took to China’s biggest stage in January, making a splashy debut at the annual Lunar New Year gala.
Samsung Electronics co-CEO Han Jong-Hee has died, a spokesperson for the South Korean tech giant said on Tuesday. He was 63.
Massachusetts regulators are investigating Robinhood over launching a prediction markets hub, a way of letting users bet on its platform.
President Donald Trump said Monday that he will impose tariffs of 25% on any nation that purchases oil from Venezuela.
For more than a month, President Donald Trump and his administration have been promoting April 2 as a kind of tariffs Super Bowl, during which all of his many promised import taxes will go into effect. But as he has demonstrated many times before, Trump once again appears to be offering a lot of hype and little action.
Incidents of vandalism against Teslas have risen along with anger against CEO Elon Musk, whose Department of Government Efficiency has led efforts to drastically slash the federal government’s workforce.