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The SPAC-bubble collapse triggered a surge in the number of penny stocks. That's not great news for the market.
There are now hundreds of US-listed stocks trading below a dollar. It's creating market inefficienc…
Filip De Mott  Â
The stock market still looks overvalued even as the 'everything bubble' deflates, research firm says
"While stocks are not as overvalued as they were in 2021 on an absolute valuation basis, relative t…
Matthew Fox  Â
Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…
Harry Robertson  Â
Legendary investor Jeremy Grantham sees shades of the dot-com bubble in markets - and predicts stocks will slump and recession will strike
The AI craze and federal spending won't protect the stock market and economy from higher interest r…
Theron Mohamed  Â
SPAC king Chamath Palihapitiya says the Fed crushed the bubble in blank-check firms, and swears he's not responsible for the poor performance of companies he took public
"The long-term regime in which we operate has changed," the SPAC King said. "That is not in the con…
Jennifer Sor  Â
Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest
The senators said industry insiders can "take advantage of ordinary investors" such as making "over…
Isabelle Lee  Â
Forbes is going public via $630 million SPAC merger with Magnum Opus Acquisition
The transaction, which is expected to close in the fourth quarter or first quarter 2022, will be us…
Isabelle Lee  Â
Meme stocks are back in fashion. Here's how to find one.
In today's big story, we're breaking down how to identify a meme stock.
Dan DeFrancesco  Â
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 creat…
Jennifer Sor  Â
Jim Chanos in an interview slammed SPACs for enticing investors to buy 'very bad businesses' and revealed he's shorting several of them
Legendary short-seller Jim Chanos told the Financial Times SPACs use lofty, often misleading projec…
Emily Graffeo  Â
Mark Cuban-backed banking app Dave to go public via SPAC merger at a $4 billion valuation
Founded in 2017, Dave said it has helped Americans avoid billions of dollars in overdraft fees char…
Isabelle Lee  Â
The Bill Ackman SPAC debacle is the perfect example of what happens when a market bubble meets a star investor's hubris
Even the best investors can fall prey to a stock market fad. For example, no further than hedge fun…
Erik Gordon  Â
JPMorgan is calling the top for SPACs - and says declining day-trader interest is to blame
"SPACs come and go in waves, as they exhibit boom and bust cycles," JPMorgan said in a Wednesday no…
Matthew Fox  Â
The red-hot SPAC market is cooling off as first-day trading spikes evaporate
14 out of 15 SPACs that went public last week traded below their $10 IPO price as the red-hot SPAC …
Will Daniel  Â
The SPAC boom is losing steam. Here are 3 signs the high-flying market is coming back down to earth.
The recent price performance of blank-check companies may indicate the SPAC frenzy is fading, thoug…
Emily Graffeo  Â
The SPAC market is booming, but there are plenty of bad buys. Here's what 8 experts say investors should be looking for in their next SPAC investment.
The recent SPAC boom has brought a wave of investors into risky early-stage businesses - and expert…
Emily Graffeo,Will Daniel  Â
SPACs could drive $900 billion of dealmaking over the next 2 years despite the boom slowing, Goldman says
The SPAC boom has cooled in the second quarter, but Goldman said blank-check companies will keep po…
Harry Robertson  Â
Legendary investor Jeremy Grantham sees a housing bubble in almost every market - and says the Nasdaq and SPACs have likely peaked
The famously pessimistic investor Jeremy Grantham said there would be a "day of reckoning" in the h…
Harry Robertson  Â
Legendary investor Bill Miller says the window is closing on the SPAC market, but singles out 2 names that remain attractive
Bill Miller in an interview Tuesday said the SPAC craze may be winding down. So far in 2021, 308 SP…
Isabelle Lee  Â
A major hedge fund warns of the 'awful returns' generated by SPACs - and says it's ramping up short bets against blank-check companies
In a newsletter addressed to investors, Paul Marshall said that the SPAC market is overrun with "pe…