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Trading platform eToro will merge with the FinTech V SPAC in a $10.4 billion deal - sending the blank-check firm up 20%
The deal implies a value of around $9.6 billion for Robinhood rival eToro, the companies said.
Harry Robertson
Self-driving truck startup Plus is reportedly seeking to raise up to $600 million via a SPAC merger with Hennessy Capital Investment Corp V
Plus uses AI technology to enable large-scale autonomous commercial trucking fleets and has raised …
Will Daniel
IPO-bound PineLabs just added a million merchants to its kitty with its latest acquisition
Initial public offering (IPO)-bound fintech startup PineLabs on Wednesday announced an investment i…
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
The F-16 first flew 47 years ago, and the Air Force may keep it flying decades longer due to problems with the F-35
The Air Force planned to retire its F-16s in 2025, but budget constraints and delays with the F-35 …
Benjamin Brimelow
After making its debut in fintech, Xiaomi to enter Indian NBFC sector soon
The Chinese smartphone manufacturer, Xiaomi is mulling an entry into India’s Non Banking Financial …
$1.6 billion Coinbase says that its newest acquisition puts it 'on track' to trade securities, and it could mean new coins are coming soon
In a blog post Wednesday, Coinbase president and chief operating officer Asiff Hirji announced the …
Becky Peterson
FINTECH BRIEFING: HSBC goes big on biometrics - Samsung Pay comes to Europe - PayPal partners with Vodafone
VISA CHECKOUT COMES TO EUROPE: Visa has announced that Visa Checkout will be coming to the UK this …
Sarah Kocianski
A look at the companies behind the pricey 'Crypto Bowl' ads, then vs. now, as Super Bowl LVII approaches
With Super Bowl LVII approaching, here's how 2022's "Crypto Bowl" advertisers fared over a chaotic …
Aaron McDade
Cryptocurrency firm Circle to go public via SPAC deal that will value the company at $4.5 billion
The company behind the dollar-pegged stablecoin USDC is going public in a deal that could value the…
Emily Graffeo
eToro's CEO says the app added dogecoin because of its 'large and loud' fanbase - and notes shiba inu coin's similarly passionate following
eToro's move helped dogecoin soar to record highs in early May, generating publicity for the $9.6 b…
Harry Robertson
10 things you need to know before the opening bell
This is what traders are talking about.
Harry Robertson
US stocks trade mixed after hitting new records as investors await Fed meeting
US stocks opened mixed on Tuesday as investors await guidance from the US central bank on the direc…
Isabelle Lee
Betterment changed the game for investors, but Wall Street banks have caught up and the disruptor has been disrupted
Today's biggest story on Wall Street digs into the roots and the future of robo-advisor Betterment.…
Aaron Weinman
Top stocks: Here’s what the Big Boys bought between October and December
Foreign investors are largely buying financial sector stocks and some new age companies like Nyk…
Sensex, Nifty50 open higher amid positive global cues – Paytm, HDFC, TVS Motor among stocks in focus
India’s benchmark indices Sensex and Nifty50 opened higher on Wednesday amid positive global cues. …
Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform
The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …
Natasha Dailey
Zoom may invest in a $5 billion SPAC deal to take event-manager Cvent public, report says
The popular video-conferencing app is a potential investor in Dragoneer Growth Opportunities Corp. …
Shalini Nagarajan
Wall Street is throwing billions at tech projects from quantum computing to augmented reality. Here are 10 of the most ambitious projects from firms like JPMorgan to Vanguard.
Banks, asset managers, and hedge funds are harnessing an abundance of data to get an edge on Wall S…
Aaron Weinman
Investment banker Ken Moelis is aiming to raise $1.2 billion from three new SPACs
Investment heavyweight Ken Moelis is planning to raise $1.2 billion from three new SPACs that are b…