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2 mins read
3 factors are driving a broad decline in electric-vehicle stocks, but it's a 'massive buying opportunity' for investors, Wedbush says
"This is not the time to panic in EV land... just part of the multi-year ride higher," Wedbush anal…
Matthew Fox
1 min read
10 things you need to know before the opening bell
This is what traders are talking about.
Harry Robertson
2 mins read
SPAC boom fades as ETFs tracking blank-check firms crater amid risk-off sentiment
More than 200 SPACs have debuted so far in 2021, raising $70 billion, nearly eclipsing the amount S…
Matthew Fox
2 mins read
The number of public listings by zero-revenue companies valued above $1 billion currently exceeds the dot-com era
Sixteen pre-revenue firms have gone public or expect to go public in 2021 with a valuation over $1 …
Will Daniel
2 mins read
Tesla has 'significant first-mover advantage' in the electric vehicle space - but 3 smaller names are also poised to succeed as EV sales climb in 2021, CFRA says
Tesla has established a "significant first mover advantage" over new entrants in EV market, but Riv…
Emily Graffeo
1 min read
10 things you need to know before the opening bell
This is what traders are talking about.
Harry Robertson
2 mins read
Dow closes at record high as Powell signals Fed to remain accommodative
Fed Chairman Jerome Powell signaled that the US economy has a long way to go before hitting its inf…
Matthew Fox
2 mins read
Tech stocks tumble as investors balk at lofty valuations
Tech stocks pulled back over valuation concerns while investors weighed what rising yields could me…
Emily Graffeo
1 min read
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
2 mins read
Tuscan Holdings soars 53% after the blank-check company announces merger with battery maker Microvast
SPAC Tuscan Holdings is set to merge with EV battery maker Microvast in a transaction that will val…
Will Daniel
6 mins read
The way companies borrow money is changing forever
A rush of businesses taking loans from private-equity firms, concerns about an opaque market, and a…
Rebecca Ungarino
1 min read
Tesla's stock is getting trounced by EV challenger Lucid, which is leading techs' 2023 rally thanks to Saudi takeover rumors
Speculation of a takeover by Saudi Arabia's Public Investment Fund has fueled Lucid's rally in the …
George Glover
2 mins read
SEC chief Gary Gensler says he's asked staff to propose tougher SPAC rules so that investors aren't sucked in by hype
"The investing public may not be getting like protections between traditional IPOs and SPACs," Secu…
Shalini Nagarajan
2 mins read
Lucid is the next Tesla, BofA says, dubbing it one of the most legitimate electric car startups
BofA said Lucid could pose a threat to other startups like Tesla and Rivian, as well as more establ…
Grace Kay
2 mins read
Hedge funds exit SPACs as the honeymoon with blank-check companies ends
Hedge funds like Blackstone, BlueCrest, and Citadel have dumped their shares in Michael Klein's SPA…
Dan DeFrancesco,Jordan Parker…
2 mins read
Saudi Arabia's sovereign wealth fund has made a fortune on Lucid Motors — but missed out on another windfall by selling Tesla stock
The country's Public Investment Fund owns Lucid stock worth $46 billion, but dumped Tesla stock tha…
Theron Mohamed
2 mins read
Pimco faces new allegations - Big winners in Michael Klein's SPAC - BlackRock dabbles in bitcoin
The top finance stories for February 19, including the latest news on new allegations of harassment…
Dan DeFrancesco
2 mins read
Hedge funds are set for giant windfalls as SPAC mania goes into overdrive
Top finance stories of the week: Goldman org chart; Ark Invest; CCIV; Pimco lawsuit; Wall Street pe…
Meredith Mazzilli
7 mins read
2023 will be critical for Lucid's bid to one-up Tesla and it will have to overcome its production constraints and a sinking stock price
Lucid's challenging 2022 means it has work cut out for it in order to take market share from Elon M…
Alexa St. John
3 mins read
'We betrayed them': A marine has spent 5 years trying to get his Afghan interpreter to the US. A visa is still nowhere in sight.
Marine Corps Maj. Thomas Schueman said his interpreter, Zak, was only able to leave Afghanistan bec…