Straits Times Index
3,239.03 +26.39 (+0.82%) S&P 500
3,985.53 +14.54 (+0.37%) Dow
32,479.85 +242.32 (+0.75%) Nasdaq
11,787.42 -36.54 (-0.31%) Bitcoin USD
27,010.55 -838.11 (-3.01%) CMC Crypto 200
586.69 -20.76 (-3.42%)
AAPL Jan 2024 170.000 call
| Previous close | 14.30 |
| Open | 14.05 |
| Bid | 13.20 |
| Ask | 13.40 |
| Strike | 170.00 |
| Expiry date | 2024-01-19 |
| Day's range | 13.10 - 14.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 28.96k |
- Investing.com
Hedge funds and C-suites: Trump-linked DWAC fires CEO | Pro Recap
Digital World Acquisition (NASDAQ:DWAC), fired Patrick Orlando from his positions as Chairman and CEO of the company, according to the Wednesday filing. Orlando, who, together with his other company ARC Global Investments, owns 10% of DWAC, remains a director of the company. Eric Swider, another director, was appointed to serve as interim chief executive while the board works on executing a final succession plan.
- Financial Times
The Fed and the market are both right
Money is pouring into money market funds as investors seek safety: $286bn in March, the FT reports. While that is not a massive shift relative to the size of the US banking system (it is less than 2 per cent of the $17.5tn of bank deposits) it shows that nerves remain on edge. The two-year yield is the bond market’s most sensitive barometer of Federal Reserve rate policy, and since last Wednesday — the day of the Fed’s press conference — it has fallen by almost half a percentage point, to 3.77 per cent. That’s a lot, and it’s especially a lot given that what the Fed announced on Wednesday was a 25 basis point rate increase, and that the Open Market Committee’s “dot plot,” showing each member’s future policy expectations, shows there is at least one more hike to come this year.
- Motley Fool
Better Buy: Alibaba vs. Shopify
Alibaba Group (NYSE: BABA) and Shopify (NYSE: SHOP) are two very different e-commerce companies. Alibaba owns Taobao and Tmall, the two largest consumer-to-consumer and business-to-consumer marketplaces, respectively, in China. Shopify doesn't operate any online marketplaces, unlike Alibaba.
