Reddit options launch draws bulls, as shares soar

Zacks

As the IPO market shows signs of improvement, investors can play IPO ETFs. The successes of Reddit and others may pave the way for a successful IPO market in the near term.

Reuters

(Reuters) -Citigroup is in the last phase of a sweeping overhaul to simplify its structure and improve performance, the bank said, after shrinking its workforce by 5,000 employees since September. The largest round of staffing moves, including reassignments and departures, will be communicated to employees from Monday to Thursday, CEO Jane Fraser told employees in a memo seen by Reuters. "These past months have not been easy," Fraser wrote.

Bloomberg

(Bloomberg) -- Singapore’s former transport minister S. Iswaran had another eight charges filed against him on Monday. This takes the total count to 35 and the value of goods he allegedly obtained to over S$403,000 ($299,000). He maintained his innocence. Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionBoeing CEO t

Reuters

Singapore's former Transport Minister S. Iswaran was handed eight more charges in a corruption case on Monday, the anti-graft body said, in one of the city-state's highest-profile corruption scandals. The additional charges involved allegations he obtained valuable items worth about S$18,956 ($14,077) while minister from an individual whose business had dealings with the Transport Ministry, the Corrupt Practices Investigation Bureau (CPIB) said in a statement. Iswaran now faces a total of 35 charges in a case that has gripped Singapore, a major Asian financial hub that prides itself on a squeaky-clean government that is rarely affected by graft and political scandal.

Bloomberg

(Bloomberg) -- Asian stocks were mostly set to open weaker after US equities pulled back from a rally that drove the S&P 500 to multiple records, spurring speculation the market has gone too far, too fast.Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionBoeing CEO to Step Down in Overhaul Sparked by Safety CrisisSha

Yahoo Finance Video

Shares of Digital World Acquisition Corp (DWAC) soared on Monday. On Friday, shareholders approved a deal to merge Digital World and Trump Media. The combined company is called Trump Media & Technology Group Corp. and will start trading on Tuesday, March 26 under the ticker DJT. Trump Media is the parent company of the social media company Truth Social. In the video above, Yahoo Finance's Rick Newman explains why there is still "a lot that can go wrong" for the stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.

Bloomberg

(Bloomberg) -- Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever — as a supply crunch grips the market and chocolate makers grapple for beans.Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionBoeing CEO to Step Down in Overhaul Sparked by Safety Cr

Bloomberg

(Bloomberg) -- Donald Trump’s business empire was supposed to be in peril like never before on Monday. Instead, it turned into the single-greatest day on record for the former president’s wealth. Most Read from BloombergTrump Vows to Pay Fraud Trial Bond Cut by 68% to $175 MillionTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleAfter Exposing Realtors, Eliminate the Mortgage Interest DeductionBoeing CEO to Step Down in Overhaul Sparked by Safety CrisisFacing a dea

Insider Monkey

In this piece, we will take a look at Cathie Wood’s stock portfolio for 2024. If you want to skip our overview of Wood, her firm, and the latest news revolving around her hedge fund, then you can skip ahead to Cathie Wood’s Stock Portfolio: Top 5 2024 Stock Picks. In contrast to some of […]

CBC

Ontario Premier Doug Ford's government will make auto insurance changes a central feature of the budget it tables on Tuesday, CBC News has learned. Multiple industry sources with knowledge of the government's plans say the budget will include reforms that give Ontario drivers a wider variety of options to lower their car insurance premiums.A spokesperson for Finance Minister Peter Bethlenfalvy neither confirmed nor denied the plans."The government is always looking at ways to increase consumer c

GOBankingRates

Mark Cuban is well-known for his outspoken views on everything from politics to investing. The self-made billionaire doesn't hold back when it comes to sharing his two cents on how folks can improve...

The Motley Fool

Shares of Nvidia have been on an absolute tear in the last decade. Should you buy this tech stock right now? The post Missed Out on Nvidia? My Best AI Stock to Buy and Hold appeared first on The Motley Fool Canada.