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The CNN Money Fear and Greed index showed a slight decline in the overall market sentiment, but the index remained in the “Fear” zone on Monday. U.S. stocks settled higher on Monday, with the Dow Jones index recording gains for the fourth straight session.

Investor Optimism Decreases Slightly, But Dow Records Gains For 4th Day

⏲ 1:20 👁 175K

Warren Buffett announced that Berkshire Hathaway's future CEO, Greg Abel, will oversee the company's investments, despite Abel's lack of stock-picking experience. Analysts question if Abel has the experience needed for stock picking given its challenges, though he understands the business well. Buffett previously said investment managers Weschler and Combs would handle investments, but now says Abel would \

Warren Buffet's Succession Pick Raises Doubts as Analysts Question Future CEO Greg Abel's Stock Picking Prowess

⏲ 0:34 👁 925K

CNBC’s Jim Cramer has expressed his support for the initial public offering of Viking, VIK, despite its high valuation. Cramer, on his show “Mad Money” on Thursday, discussed the IPO of Viking, a luxury cruise line, which is the largest IPO of the year so far. He noted that Viking’s stock is more expensive than its peers but still believes it’s a good investment.

Jim Cramer Backs Viking's IPO Despite Premium Price: \

⏲ 1:3 👁 490K

Social media platform Reddit released its first quarterly report since going public in March. Reddit reported revenue of over $240 million, up 48% year-over-year and beating analyst estimates. Advertising revenue grew 39%, faster than competitors like Meta, Amazon and Alphabet. The company reported a net loss of over $575 million, with stock-based compensation expenses driving red ink. Reddit had over 82 million daily active users in the first quarter, up from estimates and a sign of continued engagement growth. Shares surged 11% in pre-market trading following the strong earnings report.

Reddit Shares Surge 11% Following Strong Revenue Growth in First Quarterly Report That Surpassed Estimates

⏲ 0:43 👁 105K

The 400 richest Americans paid more than half of their income in taxes in 1960s. The corporate tax rate in the U.S. has decreased from 52% in the 1960s to 21% today, exacerbating the issue.

Warren Buffett Was Right! America's Billionaires Now Pay Lower Tax Rate Than Working Class For First Time Ever, New Analysis Shows

⏲ 1:38 👁 460K

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