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Siddhi Acquisition Corp. Announces Pricing of Upsized $240 Million Initial Public Offering
GlobeNewswire News Room· 2025-03-31 23:12
Core Points - Siddhi Acquisition Corp. has priced its upsized initial public offering (IPO) of 24,000,000 units at $10.00 per unit, with trading on Nasdaq starting April 1, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon a business combination [1] - The offering includes a 45-day option for the underwriter to purchase an additional 3,600,000 units to cover over-allotments [2] - The IPO is expected to close on April 2, 2025, subject to customary closing conditions [3] Company Overview - Siddhi Acquisition Corp. is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination [4] - The company aims to identify high-growth businesses positioned to leverage major secular trends and is well-suited for public markets [4]
1 High-Tech ETF Down 25% You Can Buy Right Now
The Motley Fool· 2025-03-31 22:52
Market Overview - The stock market has faced significant declines due to weak economic data, tariff concerns, higher-than-expected inflation, and fears regarding AI capital expenditures, with the Nasdaq Composite down nearly 15% from its recent high [1] - Financial technology (fintech) stocks have been particularly hard hit, influenced by concerns over slower consumer spending and profit margins [2] Company Performance - Notable fintech companies have seen substantial declines: Shopify is down 26% since mid-February, Block has fallen 42% from its 2025 peak, and SoFi has decreased by 35% since January [3] Investment Opportunity - The Ark Fintech Innovation ETF is highlighted as a potential investment opportunity, especially in a turbulent market where individual stock selection can be challenging [4] - Unlike passive index funds, the Ark Fintech Innovation ETF is actively managed, aiming to outperform benchmark indices by selecting a diverse range of fintech stocks [5][6] ETF Composition - As of March 30, 2025, the top 10 holdings of the Ark Fintech Innovation ETF include: - Shopify (10.1% of assets, $125 billion market cap) - Coinbase (7.1%, $44 billion) - Robinhood (6.1%, $37 billion) - Other notable companies include Block, Palantir, and MercadoLibre, providing a mix of e-commerce, cryptocurrency, payment processing, and cybersecurity stocks [7] Market Outlook - Despite short-term cyclicality and headwinds, there is a significant long-term opportunity in the fintech sector, with the potential to acquire promising stocks at discounted prices due to recent market weaknesses [12]
Nasdaq 100: Tech Selloff Intensifies on Nvidia Plunge While Defensive US Stocks Find Support
FX Empire· 2025-03-31 17:51
Português Deutsch FX Empire Logo English check-icon Italiano Español العربية Français Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial ...
Cathie Wood and Warren Buffett Both Own This "Magnificent Seven" Stock. Should You Buy It Hand Over Fist During the Nasdaq Sell-Off?
The Motley Fool· 2025-03-31 13:45
Cathie Wood and Warren Buffett have very different investment philosophies, but each owns a particular "Magnificent Seven" stock that looks primed to thrive. Ark Invest CEO Cathie Wood and Berkshire Hathaway CEO Warren Buffett couldn't be any more different in their investment approaches. Ark Invest offers investors the opportunity to invest in a number of exchange-traded funds (ETFs), many of which are weighted heavily toward speculative, unprofitable businesses. Wood's rationale is that she and her team t ...
Nasdaq Sell-Off: After Losing Nearly $800 Billion in Market Cap, Is Nvidia Stock a Buy Anymore? History Offers a Clear Indicator of What Could Happen Next.
The Motley Fool· 2025-03-31 13:30
Nvidia stock has been hit hard during the ongoing sell-off. On Jan. 6, shares of semiconductor powerhouse Nvidia (NVDA -4.29%) closed at an all-time high of $149.43. At the time, the company's market capitalization hovered around $3.7 trillion. But these highs were fleeting. Throughout 2025, a wicked mixture of new tariff policies, mixed economic data, unknowns about the Federal Reserve's ongoing policies, and even an emerging artificial intelligence (AI) start- up out of China called DeepSeek have contribu ...
Nasdaq and S&P 500 set for further selling as risk-off mood continues
Proactiveinvestors NA· 2025-03-31 12:16
Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company specializes in medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Nasdaq Champions Smart Regulatory Reform to Strengthen the World's Leading Capital Markets and Drive American Economic Growth
GlobeNewswire News Room· 2025-03-31 12:00
Public companies need a more level and predictable regulatory environment—one that is rooted in building value for shareholders, ensuring corporate accountability and investor protection. A modern and appropriately scaled regulatory framework can provide investors with the needed information while allowing companies of all sizes to operate and thrive. Several key policy priorities identified in the paper to support companies going and staying public are: NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Nasdaq t ...
Nasdaq Champions Smart Regulatory Reform to Strengthen the World's Leading Capital Markets and Drive American Economic Growth
Newsfilter· 2025-03-31 12:00
Public companies need a more level and predictable regulatory environment—one that is rooted in building value for shareholders, ensuring corporate accountability and investor protection. A modern and appropriately scaled regulatory framework can provide investors with the needed information while allowing companies of all sizes to operate and thrive. NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Nasdaq today released a comprehensive set of policy recommendations in a paper titled "Advancing the U.S. Public ...
Nasdaq 100: Will Apple and Meta Lead a Relief Rally After April 2 Tariff Clarity?
FX Empire· 2025-03-31 09:03
Português FX Empire Logo English check-icon Italiano Español Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perf ...
Nasdaq Verafin Report Finds that $750 Billion in Money Laundering and Illicit Funds Flowed Through Europe
GlobeNewswire News Room· 2025-03-31 06:00
Core Insights - Financial crime in Europe is extensive, with an estimated $750 billion in illicit funds flowing through the financial system, accounting for 2.3% of total European GDP [2] - Fraud losses in Europe are significant, estimated at $103.6 billion due to various scams and bank fraud scenarios [2] Cross-Border Money Laundering - Of the total funds laundered in Europe, $194.9 billion was moved across borders, representing over 25% of the total money laundering activity in the region for 2023 [3] - The increase in cross-border transactions globally highlights the importance of pan-European and international financial flows as vectors for illicit activity [3] Economic and Societal Impact - Financial crime activities, including elder abuse, fraud scams, human trafficking, drug trafficking, and terrorist financing, have serious economic and societal impacts across Europe [4] Call for Unified Action - Industry stakeholders are urged to collaborate to enhance the fight against financial crime, as criminals operate without regard for banks, borders, or regulations [5] - The report emphasizes the need for unified action to address both domestic and cross-border risks, fostering a safer financial system [5] Opportunities for Stakeholders - The report outlines opportunities for stakeholders in the European financial industry to align priorities for financial crime prevention and collaborate across sectors [5] - Innovative solutions and data-driven strategies are essential for improving anti-money laundering and fraud prevention efforts [5] Nasdaq Verafin's Role - Nasdaq Verafin provides cloud-based financial crime management solutions, supporting over 2,600 financial institutions with a collective $10 trillion in assets [6][8] - The company utilizes a unique consortium data approach to enhance counterparty risk insights and improve payments fraud detection [6] - AI-driven solutions from Nasdaq Verafin help automate compliance processes and deliver targeted analytics for specific financial crime typologies [6]