Core Insights - Charles Schwab announced the acquisition of Forge Global for $660 million, aiming to democratize access to private investments for its 46 million clients [1][12] - The company reported record profits, revenues, and new accounts, with a year-over-year growth of 40% in client growth and 27% in revenues [1][12] - The firm is focusing on young investors, with one-third of new households being Gen Zers, and is actively marketing on platforms like TikTok and YouTube [2][3] Acquisition Details - The acquisition of Forge Global is intended to provide clients access to private investments, a market valued at $9 trillion [1] - The integration will allow Schwab to offer a 40act fund indexing the 60 largest private companies in the U.S. in the first quarter of next year [1] - Clients will also have the option to invest in individual private companies like SpaceX and Anthropic [1] Financial Performance - The company achieved all-time high earnings and record trading volumes, executing 7.5 million trades daily [7][12] - The focus on client satisfaction has led to significant growth, with a strategy centered on understanding client needs [1][12] Young Investor Engagement - Schwab is successfully attracting younger investors, providing a robust platform and educational resources tailored to their needs [2][3] - The firm is the most followed financial services company on YouTube, indicating strong engagement with younger demographics [3] Crypto Strategy - There has been a 90% increase in visits to Schwab's crypto research site, with clients owning 20% of all crypto exchange-traded products in the U.S. [11] - Plans to launch access to spot crypto in the first half of next year are underway, responding to client interest in the asset class [11][12] Branch Expansion - The company is expanding its branch footprint to enhance local client relationships, which has been shown to increase client satisfaction and net new assets [16]

A crypto whale on Hyperliquid opened $140 million worth of total shorts on Bitcoin and XRP, representing growing bearish sentiment across the market. https://t.co/AoMwwjGlCD ...

RT Bluntz (@Bluntz_Capital)times are changing, a crypto comp that actually welcomes US participants instead of excluding them was not on my bingo card ...

A pair of crypto influencers wagered $100K each via @MyriadMarkets on whether Bitcoin would rise or fall. Here's how it all went down. https://t.co/njIBVFDNO3 ...

🇺🇸 President Trump says crypto will fix our financial system. ...

This is the best time to be earning more crypto.If you earn more tokens at current valuations, then you might be looking at 5-10x higher valuations in 6-12 months.$VET has a big update on Hayabusa & Stargate, the way you can activate your VET tokens within the ecosystem.I’ve been doing this in the previous cycle and it has been super helpful for additional ROI when assets are going up in value.If you're holding $VET, make sure to take a look.If you're not holding $VET, make sure to check the chart and dive ...

[Music] [Music] Good Thursday morning from Yahoo Finance's New York City headquarter studios. I'm Yahoo Finance executive editor Brian Sazy. I've been lurking on our Yahoo Finance live blogs which you uh you can find at the top of our homepage all morning just digesting a ton a ton of headlines.Snapshares are ripping higher as an at $400 million deal with Perplexity. Pexity's search capabilities will appear in the chat interface starting in early 2026. Nothing disappearing there.Big day for Tesla and CO Elo ...

From Lagos to São Paulo, crypto is localWhether it’s BNB, TWT, or your go-to stablecoin, Trust Wallet connects global users to their local communities, safely.Explore, swap, and stay in control 🔒 ...

It’s ironic that the most anti crypto state, New York is attracting many of the top crypto companies.New York is not friendly to retail crypto folks…YET. ...

If you are in crypto and building a brand, diversify to other platforms.They take time to build and worth the time. ...