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SPAC Tortoise Acquisition Corp. II spikes 47% after announcing merger with EV charging station manufacturer Volta Industries

Tortoise Acquistions Corp. II and Volta Industries are set to merge in a transaction that values th…

Will Daniel   


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There were no new SPAC debuts last week for the first time since March 2020, as signs point to the end of the blank-check craze

Bespoke Investment Group said 20 names in the SPAK ETF have lost roughly 50% since mid-February, wi…

Carla Mozée   


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1 min read

Investment adviser launches the first ETF dedicated to professional sports teams and leagues

Roundhill investments is launching the first-ever ETF dedicated to professional sports. Holdings in…

Will Daniel   


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Legendary investor Jeremy Grantham says US stocks are in a crazier bubble than in 1929 - but this 'vampire' market is shrugging it off

Jeremy Grantham said stocks are in a huge bubble, but said "the end of a bubble is like a killing o…

Harry Robertson   


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1 min read

Cathie Wood's Ark Invest sells 590,804 Virgin Galactic shares a week after buying 514,627 shares

Two of Cathie Wood's ETFs sold 590,804 shares of Virgin Galactic on Monday after buying some 514,62…

Will Daniel   


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A SPAC sell-off has destroyed $75 billion in value over the past 6 months as interest in blank-check deals shrivels

Existing SPACs that have not yet closed deals are increasingly facing a choice between bad and wors…

Ethan Wu   


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1 min read

23andMe to go public via SPAC with backing from Richard Branson in $3.5 billion deal

23andMe will utilize the proceeds raised from its SPAC merger to fund additional investment in its …

Matthew Fox   


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Churchill Capital Corp IV rockets 20% as rumors of Lucid Motors merger fuel sustained rally

Churchill Capital Corp IV continues to surge on news of a potential merger with Lucid Motors, thoug…

Will Daniel   


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Cathie Wood's Ark adds 519,000 shares of newly public Roblox in latest tech bet

Roblox surged as much as 10% on Thursday as post-debut momentum and Ark's investment boosted bullis…

Ben Winck   


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Car-rental app Turo aims to list shares publicly in 2021, report says

The company isn't yet sure whether it will pursue a traditional IPO or an alternative like a SPAC m…

Ben Winck   


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7 mins read

A SPAC is a high-risk but potentially profitable way to get in on the ground floor of a new stock — here's everything investors need to know

A SPAC (Special Purpose Acquisition Company) is a company created solely to buy another firm and ta…

Martin Daks   


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3 mins read

The broader stock market is not in a bubble, but these 5 sectors are, according to JPMorgan

"While there is a lot of talk about asset bubbles, it is hard to see one in the broad equity market…

Matthew Fox   


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3 mins read

Will Daniel   


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5 mins read

The US is still waiting on its first bitcoin ETF. Here's what experts say the SEC wants to see before giving approval.

"It's no longer 'if' but 'when' and the question of when is probably in 2021," says one crypt exper…

Carla Mozée   


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1 min read

Skillz jumps after Cathie Wood's ARK Innovation ETF added another 1.2 million shares of the mobile gaming platform on Thursday

Cathie Wood's ARK Innovation ETF increased its holdings in Skillz to over 5 million shares on Thurs…

Will Daniel   


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Churchill Capital Corp IV has surged 70% in just 4 days amid Lucid Motors merger talks

Churchill Capital Corp IV's reported Lucid merger will take advantage of key themes in the market: …

Will Daniel   


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Virgin Galactic rockets 22% after Tesla investor Ark reveals it will launch a space-themed ETF

The space-tourism company could be included in the new fund, which is expected to hold 40 to 55 sto…

Theron Mohamed   


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The head of SoftBank's $100 billion Vision Fund is preparing to launch the group's own SPAC

The blank-check company will be operated by Vision Fund 2's investment advisers and is expected to …

Shalini Nagarajan   


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5 mins read

Capitalizing on volatility — Inside SPAC mania — 13 proven trading rules

The definitive collection of the best investing stories Business Insider published during the week …

Joe Ciolli   


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4 mins read

The cult of Cathie Wood, plus SPAC-picking tips from a former CEO

The definitive collection of the best investing stories Business Insider published during the week …

Joe Ciolli