The Archegos Capital Management scandal that hit some of the world’s biggest banks with losses topping $10 billion is also affecting the market for special purpose acquisition companies (SPACs), the Financial Times reported on Friday (May 28). Get the Full Story Complete the form to unlock this article and...
Special purpose acquisition companies (SPACs) can now trade on the Tel Aviv Stock Exchange (TASE) following new regulations established by the Israel Securities Authority (ISA), Reuters reported on Monday (May 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Investors are now going soft on Ant Group, once valued in excess of $300 billion, following stricter Chinese regulations and the cancellation of its November 2020 initial public offering (IPO) by the government, The Wall Street Journal reported on Monday (May 3). Get the Full Story Complete...
In Warren Buffett’s opinion, there’s a new streak of gambling-esque activity going on with the stock market, which he said is fueled by apps like Robinhood, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In investing, variations on a theme work only so long as the theme works. And one theme that has worked in the pandemic era has been the “stay at home” play. It’s a pivot on Wall Street that has boosted the equities of firms that get...
New guidance from the Securities and Exchange Commission (SEC) has special purpose acquisition companies (SPACs) scrambling to add explanatory information to filing statements, Bloomberg reported on Friday (April 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
It seems like only yesterday global mergers and acquisitions were having their best of times in four decades — with deals of around $1.3 trillion. Providing a big boost in the first quarter of 2021 was the boom in special purpose acquisition companies (SPACs). Get...
Refinitiv, the data and trading provider owned by London Stock Exchange Group (LSEG), suffered a five-hour outage on Thursday (April 8) that took some of its popular services offline, Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy...
About 300 special purpose acquisition companies (SPACs) launched during the first three months of 2021 could theoretically net investors big bucks, Bloomberg reported on Monday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...