What Is a SPAC?
Learn what SPACs are, how they work, their lifecycle, and the potential pros and cons for investors.
SPAC
Short-seller Jim Chanos warns of 2021-style market mania — and says Elon Musk should get his mammoth pay package
Jim Chanos flagged the resurgence of meme stocks such as GameStop as dangerous, and said Tesla should honor its deal with Elon Musk.
What Is a SPAC?
Learn what SPACs are, how they work, their lifecycle, and the potential pros and cons for investors.
Trump Media's stock is almost certain to crash
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.
Meme-stock mania comes roaring back to leave Donald Trump's Truth Social owner TMTG worth more than Etsy or Hasbro
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.
Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since it went public as a SPAC in 2021.
WeWork commanded a $47 billion valuation at its peak. It's crashed over 99% since then - and could now file for bankruptcy, reports say
The commercial real-estate startup's shares have crashed 99% since it made its stock-market debut in March 2021.
There are 2 signs that stock market euphoria is mirroring past bubbles and could end badly for investors
Smead Capital drew parallels between today's stock market and the Tulip Mania of 1636 and the South Sea Bubble of 1720.
First the bubbly, then the layoffs. Inside Better's latest round of job cuts.
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.
Beware VinFast's meteoric rise – more than three-quarters of this year's SPAC debuts are trading below their float price
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.
What's going on with VinFast stock? The electric vehicle SPAC has soared more than 800% since its debut and is worth more than Ford.
Founder Pham Nhat Vuong controls 99% of VinFast, as he issued just 1% of the company's shares to the public.
Veteran short-seller Jim Chanos calls soaring electric carmaker VinFast a '$200 billion meme stock'
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.
The CEO best known for firing 900 staff on a Zoom call now says he's 'worked really, really hard' to be 'more empathetic' and to treat people with 'kindness'
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."
The CEO who brutally fired hundreds of the people on Zoom is taking his startup public in a move that could make or break him
Mortgage lender Better's IPO was a disaster, but CEO Vishal Garg has a plan to turn things around including through strategic acquisitions.
A Vietnamese electric carmaker is now worth $85 billion - almost as much as Ford and General Motors combined
Shares in VinFast soared more 250% in a Spac-led debut Tuesday, leaving founder Pham Nhat Vuong worth more than $44 billion.
Silly season is over for markets - and GameStop will crash next, 'Bond King' Bill Gross says
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.
LeBron James' company is looking into buying Complex from BuzzFeed
SpringHill Co., LeBron James and Maverick Carter's media and entertainment venture, has had conversations with BuzzFeed about acquiring Complex Networks, sources said.
Bitcoin's 73% rally is fueling optimism the crypto winter is ending. Here are fresh forecasts on the token from StanChart, Matrixport and others.
Bitcoin has rallied 73% this year, after a grim 2022. Some analysts are predicting this may be just the beginning of a bigger advance.
Warren Buffett's former deputy slams crypto and meme stocks, heralds AI's 'iPhone moment,' and flags big risks to commercial real estate. Here are the 6 best quotes from her annual letter.
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.
SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors
The famed investor and so-called SPAC king said that the end of zero interest rate policy has created unprecedented difficulties for businesses.