Markets

Markets
Archegos Capital Collapse Hits SPAC Market
May 28, 2021

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...

Markets
Tel Aviv Stock Exchange Now Welcomes SPACs
May 24, 2021

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...

Markets
Global Investors Go Soft On Ant Group’s Valuation
May 03, 2021

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...

Markets
Warren Buffett: Robinhood Part Of ‘Casino’ Side Of Stock Market
May 02, 2021

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...

Markets
Stay-At-Home Economy Stocks May See Changes As Outer World Reopens
April 28, 2021

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...

Markets
SEC Accounting Guidance Prompts SPACs To Add Disclaimers
April 23, 2021

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...

Markets
SPAC Market Drops Precipitously As US Regulators Eye Deals
April 21, 2021

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...

Markets
Refinitiv’s Eikon Terminals Trigger Five-Hour Outage
April 08, 2021

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...

Markets
Underwater SPACs Could Net Investors $1.1 Billion
April 05, 2021

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...