Maybe more people are following those spam email “Hot Stock Picks” than you think. So far brokerage firms are 2 for 2 this earnings season, with Ameritrade announcing yesterday that it doubled revenue and increased profits 69%, and Schwab announcing today that it doubled Q4 net income. Despite “minor” security concerns last quarter involving a lot of “pumping and dumping,” which is not necessarily rampant investment in the B-film movie genre, overall S&P performance (better than hedge funds, we swear) and advertising campaigns that implore you to “Talk to Chuck,” have duped more people into reckless day trading than ever before. E*Trade announces tomorrow to complete the trifecta.
General Motors Gives Lyft $500 Million Because It Knows What Being "That Other Company" Feels Like
Everyone's number two car company and everyone's number two ride-sharing app are officially an item!