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The Latest Breaking News from SPAC

Michael Andretti hands over control of race team to business partner. Formula 1 plans in limbo

Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization

The Independent UK

Trump Media shares crash to record low despite better polling

Until recently the price of Truth Social's parent company, TMTG, has been seen as a barometer of the former president's election chances in November.

Fortune

Trump Media lockup deadline leaves Trump with a choice: trigger a fire sale or hold a meme stock

Some say the stock is worth only $1.50 a share.

Fortune

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QuantumScape Stock 2025 Forecast: Is the Solid-State Battery Company Worth It?

QuantumScape stock is among the best ways to play solid-state battery theme. However, while the company could be a multibagger over the long term if its batteries get successfully commercialized, I would be wary of buying at these prices.

Barchart

Inside Honda's Plans To Phase Out Internal Combustion By 2040

Honda wants to bring batteries, software and more in-house as part of a plan to completely phase out internal combustion by 2040.

InsideEVs

Cazoo car crash, skidding on a shares fall of 99.9%, ends an American dream

Investors denied used-car website a £6bn-plus valuation in London, leaving New York to do the deal. UK fund managers are not such dinosaurs then

The Guardian - UK

Airasia Reveals Listing Plans In Airasia Reveals Listing Plans In Top News.4B Merger.4B Merger

AirAsia to list digital arm, AirAsia Digital, through SPAC merger to unlock value and accelerate growth in the aviation industry.

Top News

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Investor Pleads Guilty To Insider Trading In Trump Media SPAC

Investor pleads guilty to insider trading in Trump Media SPAC case, raising concerns about market integrity.

Top News

Trump's Media Company Stock Surge Benefits Some Investors Briefly

Investors experienced a brief surge in fortunes as a media company linked to Trump saw a stock price spike due to a merger with a SPAC backed by Charles Sc...

Top News

Trump’s Truth Social valued at nearly $8bn as it goes public in New York

Trump Media & Technology trading on Nasdaq under ‘DJT’ ticker, using Trump’s initials and closing up 15% after first day of trading

The Guardian - US

Donald Trump to make $3.4bn if shareholders back plan to float Trump Media

Ex-US president planning to list Trump Media & Technology Group if merger with special purpose acquisition company goes ahead

The Guardian - UK

Down 29% YTD, Can SoFi Stock Double from Here?

With a 2024 loss approaching 30%, former SPAC name SoFi is among the worst-performing stocks this year. However, Truist thinks the stock can nearly double from these levels. Here's the forecast for this fintech company after its recent sell-off.

Barchart

Can Fisker Stock 'Pull a NIO' and Fend Off Bankruptcy in 2024?

Fisker stock fell to record lows on Friday after the company issued a "going concern" warning. Can the troubled EV company fend off bankruptcy, despite continued troubles in the electric vehicle industry?

Barchart

Nikola Stock 2025 Forecast: Will NKLA Go Bankrupt, or Become a Multibagger?

Nikola stock trades at a fraction of its 2020 highs, and has been in a freefall. Here's the 2025 forecast for the stock, and a look at whether the company risks going bankrupt, like so many other startup companies in the EV space.

Barchart

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International Business Times

Webull Plans $7.3 Billion SPAC Merger To Go Public, Riding High On Retail Trading Surge

Webull plans a $7.3 billion SPAC merger, driving the digital investing platform towards a Nasdaq listing and a huge milestone in the online brokerage sector.

Top News

Lotus Tech Closes Modestly In Nasdaq Debut After SPAC Merger

Lotus Technology's debut on Nasdaq after SPAC merger signals promise in the EV industry.

Barchart

2 Cheap Growth Stocks to Buy and Hold This February

While the U.S. stock markets are near record highs, SoFi and Tesla are two growth stocks that look relatively cheap and trade at a discount of over 50% from their all-time highs.

Top News

SEC Plans Increased Transparency Requirements for SPAC Firms

The US SEC is set to impose stricter transparency requirements on special purpose acquisition companies (SPACs) to enhance investor protection.

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news in one place.

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One news app.

Top News

Brexit Britain Eases Company Listings in Post-Brexit Market Reform

Get your dancing shoes on as Britain unveils plans to shimmy into a post-Brexit future with a proposal to relax company listing rules. Stay tuned!

Barchart

Lucid Motors Stock: What Went Wrong With This ‘Tesla Killer’?

After its mega listing in 2021, Lucid Motors was hailed as a "Tesla-killer" by some. Fast forward to 2023, and the company is struggling to stay relevant, let alone challenge Tesla's dominance in the U.S. EV market.

Barchart

Is SoFi Stock a Good Buy for 2024 as Fed Signals Three Rate Cuts?

SoFi shares soared yesterday after the Fed signaled three rate cuts for 2024. Here's what the rate cuts will mean for SoFi, and why the fintech stock still looks a buy after doubling in value this year.

The Independent UK

Trump’s Truth Social warns company may be forced to shut down amid huge losses

Filing reveals Truth Social’s parent company lost over $22m in first half of 2023

Barchart

As the Stock Hits New Lows, How Long Can Lucid Motors Survive?

With Lucid Motors stock falling to one new low after the other, many investors now wonder whether the company can stay in business. However, Lucid might not go bankrupt - at least, not for the next couple of years.

Zenger

Prominent SPAC King Criticizes U.S. For Unsustainable Borrowing Amid Rising Treasury Yields

Chamath Palihapitiya calls out fiscal policies and suggests selling long-dated maturities to match America's future

Fortune

Apex Fintech CEO is eyeing an IPO—after pulling plans for a SPAC in 2021

Apex is in talks with banks about a possible IPO.

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