Learn what SPACs are, how they work, their lifecycle, and the potential pros and cons for investors.
Jim Chanos flagged the resurgence of meme stocks such as GameStop as dangerous, and said Tesla should honor its deal with Elon Musk.
Learn what SPACs are, how they work, their lifecycle, and the potential pros and cons for investors.
Trump's media company, which runs Truth Social, was flying high after starting trading. There are plenty of reasons to believe it won't stay up there.
Truth Social's owner, which counts Donald Trump as its biggest shareholder, is now worth more than American Airlines and Ralph Lauren by one measure.
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since it went public as a SPAC in 2021.
The commercial real-estate startup's shares have crashed 99% since it made its stock-market debut in March 2021.
Smead Capital drew parallels between today's stock market and the Tulip Mania of 1636 and the South Sea Bubble of 1720.
The mortgage startup's execs spoke of a brighter future at an all-hands meeting ahead of its August 24 stock-market debut. Then the stock tanked.
More than 75% of companies that made their market debuts in 2023 through a SPAC merger are trading below their float price, Bloomberg data showed.
Founder Pham Nhat Vuong controls 99% of VinFast, as he issued just 1% of the company's shares to the public.
Monday's close saw the Vietnamese EV firm's market capitalization hit an eye-watering $190 billion – more than Ford, General Motors, and Chrysler Stellantis combined.
Tech
2023-08-25T04:00:45Z
Better.com CEO Vishal Garg told TechCrunch he's realized that he needs his staff to "feel delight" if he wants their "customers to be delighted."
Mortgage lender Better's IPO was a disaster, but CEO Vishal Garg has a plan to turn things around including through strategic acquisitions.
Shares in VinFast soared more 250% in a Spac-led debut Tuesday, leaving founder Pham Nhat Vuong worth more than $44 billion.
Easy money fueled wild speculation in high-risk assets like meme stocks, SPACs, and NFTs, but cash is harder to come by today, Gross said.
Media
2023-05-05T17:43:57Z
SpringHill Co., LeBron James and Maverick Carter's media and entertainment venture, has had conversations with BuzzFeed about acquiring Complex Networks, sources said.
Bitcoin has rallied 73% this year, after a grim 2022. Some analysts are predicting this may be just the beginning of a bigger advance.
Tracy Britt Cool is happy to leave a "world of digital tulips," sees ChatGPT as "magical," and warns debt, rising rates, and falling asset prices pose risks.
The famed investor and so-called SPAC king said that the end of zero interest rate policy has created unprecedented difficulties for businesses.