The Latest Breaking News from Charles Schwab

On a prime stretch of Rodeo Drive, flanked by Cartier and Bulgari, TikTok star Daniel Macdonald is doing what he does for a living: running up to drivers of supercars and asking, “What do you do for a living?”

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Charles Schwab is the latest institutional investor to launch a fund focused on the controversial crypto industry.

Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years by 2.19% on an annualized basis producing an average annual return of 9.35%. Currently, Charles Schwab has a market capitalization of $121.12 billion.

Charles Schwab's (NYSE:SCHW) short percent of float has risen 6.86% since its last report. The company recently reported that it has 18.50 million shares sold short, which is 1.09% of all regular shares that are available for trading.

Over the past 3 months, 10 analysts have published their opinion on Charles Schwab (NYSE:SCHW) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

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Charles Schwab (NYSE:SCHW) has outperformed the market over the past 10 years by 6.38% on an annualized basis producing an average annual return of 16.86%. Currently, Charles Schwab has a market capitalization of $114.60 billion.

On CNBC’s “Halftime Report Final Trades,” Kevin O'Leary, known as "Mr.