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The Latest Breaking News from SPAC

Is Truth Social another of Trump’s bungled businesses?

Dogged by an SEC investigation, the platform may be more of a campaign tool than a sound investment, analysts say

The Guardian - US

Hong Kong SPAC Market Wilts as Global Fever Ebbs

Key Takeaways: Only three Hong Kong SPACs have listed since the city launched a local program early this year, and all now trade below their listing prices U.S. SPACs have raised $12.5 billion so far this year, less than 10% of what they raised in 2021, as the global SPAC…

Benzinga

A Dubious Truck, a Whistleblower Army, and Inept Spies: Inside the Very Weird Nikola Saga

Trevor Milton looked like the next Elon Musk—and may end up the next Elizabeth Holmes. As the first of his several trials gets under way, the people who exposed him reveal how it all went down.

Businessweek

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Donald Trump-Themed Alternative Investments To DWAC: 3 Stocks And 1 ETF To Watch

Trump Media & Technology Group going public via SPAC merger was one of the biggest stock storylines of 2021. The company may be staying private a bit longer, with the SPAC seeking to take the company public failing to reach an extension on the vote.

Benzinga

Trump-Linked Digital World Takes A Hit As Investors Grow Tired Of Merger Delays

Digital World Acquisition Corp (NASDAQ: DWAC) gapped down 21% to start the trading session Tuesday after a report indicated shareholders rejected a one-year deadline extension that the special purpose ac

Benzinga

5 Stocks That Could Soar As Short Squeeze Candidates: Faze Holdings, Blue Apron, Kirkland's And More

Potential short squeeze plays gained steam in 2021 and have continued through 2022 with new traders looking for the next huge move.

Benzinga

Trump's Truth Social faces new challenge

The nascent social network may need a new source of capital.

Axios

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Trump Truth Social deal on life support

The blank-check SPAC deal set to infuse over $1 billion into Truth Social may be dead after shareholder vote

Salon

FaZe Holdings And McDonald's Stock Owners Could Say 'I'm Lovin' It' To Renewed Partnership

Lifestyle, media and esports company FaZe Holdings (NASDAQ: FAZE) announced a renewal of a partnership with fast food giant McDonald’s Inc (NYSE: MCD) Wednesday.

Benzinga

Google Rejects Donald Trump: Why Truth Social Is Not Approved For Google Play Store

Donald Trump’s voice won't be reaching many Americans, with his new social media platform facing a roadblock from Android.

Benzinga

FaZe Holdings Short Squeeze Coming? DeSPAC Tops Leaderboard — 5 Short Squeeze Stocks That May Soar This Week

Potential short squeeze plays gained steam in 2021 and continued through 2022 with new traders looking for the next huge move.

Benzinga

If You Invested $1,000 In Meta Platforms And Twitter When They Banned Donald Trump, Here's How Much You'd Have Now

Former President Donald Trump was banned from several social media platforms in the wake of the Jan. 6, 2021 attack on the U.S. Capitol. Here’s a look at what’s next for Trump in the social media world and how investors would have done investing in social media stocks that banned…

Benzinga

How chaotic EV company Canoo became a Walmart partner

Under CEO Tony Aquila, Canoo has been beset by canceled deals, executive turnover, and legal spats, but Walmart's commitment to buy its vans could be a lifeline.

Fortune

Elon Musk Enters The Space Race Again, This Time With Cell Phones: Here's A Public Company Building Its Own Space Network

T-Mobile US Inc. (NASDAQ: TMUS) and Elon Musk's SpaceX jointly announced a technology cooperation agreement on Thursday at the former's Starbase facility in south Texas.

Benzinga

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Benzinga

Donald Trump Is The Favorite To Win The 2024 Election - If You Listen To Canadian Betting Markets Where It's Actually Legal To Gamble

American residents 18 years or older will be able to vote for the 2024 President in an upcoming election. They can’t however bet on the outcome of the election, as sports betting companies in the U.S. don’t take bets on the presidential election. Residents north of the U.S. can bet…

Benzinga

Are Rocket Lab's Shares Undervalued?

In comparison with perceived market-leader SpaceX, Rocket Lab USA's (NASDAQ: RKLB) valuation is underwhelming. Given its $2.5 billion market capitalization, Rocket Lab is eclipsed by the $127 billion SpaceX.

Benzinga

Donald Trump's Opinions Will Soon Be Available To Android Users: How To Get Truth Social

Social media platform Truth Social is one of the few places left for former President Donald Trump to share his thoughts and opinions. Here’s a look at how the company could soon be expanding its reach.

Liverpool Echo

Company that held talks over £1bn stake in Liverpool owners FSG to dissolve

RedBall had been in talks over acquiring 25 per cent of FSG back in 2020

Get all your
news in one place.

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Axios

BuzzFeed goes to court against ex-employees

The first fight is about venue, and it could have wide-ranging consequences.

Benzinga

Is W3BCLOUD A Pick And Shovel Play For The Web3 Sector? What Investors Should Know

A leading Web3 company is going public via SPAC merger. Here are the details on the merger between W3BCLOUD and Social Leverage Acquisition Corp I.

Benzinga

Nikola Acquires Battery Company Romeo For $144M: What Investors Should Know

Clean energy transportation company Nikola Corp. (NASDAQ: NKLA) announced the purchase of a battery company that could help bring its production in-house.

Benzinga

SolarMax Banks on Sunny Name to Draw Investors to Its IPO

Key Takeaways: Solar power systems developer SolarMax is aiming to raise $30 million in a New York listing, but investors could balk at the company’s lack of diversity The IPO marks the latest signal that Chinese listings could soon gain momentum in New York after a yearlong near-halt due to…

Benzinga

Wishing Him Well? Here's How Donald Trump Responded To Joe Biden's COVID-19 Diagnosis

President Joe Biden tested positive for COVID-19, news that was announced by the White House on Thursday. Here’s how former President Donald Trump reacted to the news.

Benzinga

Gold Prices Settle Lower; Vascular Biogenics Shares Plummet

U.S. stocks traded mostly higher toward the end of trading, with the S&P index gaining around 0.5% on Wednesday.

Benzinga

This Communication Services Stock Is Trading Higher By Over 82%, Here Are 45 Stocks Moving In Wednesday's Mid-Day Session

Gainers Direct Digital Holdings, Inc. (NASDAQ: DRCT) shares surged 82.2% to $2.6787. Direct Digital Holdings said its supply-side advertising platform, Colossus SSP, reported a 540% year-over-year growth in revenue for the first quarter.

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