SPAC

A SPAC merger is bringing Donald Trump’s new social media platform and plans for media assets public. Many retail traders bought the stock since the deal was announced along with at least one member of the U.S. Congress. What Happened: Trump Media & Technology Group is going public in a...

The week of October 25 is shaping up to be a big one for anyone that holds index funds or has exposure to technology stocks. Five of the largest and most well-known names in the technology space report earnings this week. Here are the key figures and items investors should be watching. Facebook:...

Former President Donald Trump is bringing several planned media units public with a SPAC merger. The announcement and huge valuation given to the company were discussed on the All-In Podcast, featuring comments from a name well known in the SPAC community. The SPAC Deal: Trump Media &...

A space company that completed a SPAC merger to go public in September has shares moving higher on a partnership with Blue Origin. What Happened: Orbital Reef, a future commercial space station from Blue Origin, could begin operations in the second half of this decade, according to The Verge. Blue...

One of the most popular esports teams in the world will become a publicly-traded company via a SPAC merger announced Monday morning. The SPAC Deal: FaZe Clan announced a merger with B. Riley Principal 150 Merger Corp (NASDAQ: BRPM) Monday valuing the company at an equity valuation of $1 billion....

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE: GME) or AMC Entertainment Holdings Inc (NYSE: AMC). A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to...

The National Hockey League season kicked off the 2021-22 season on Oct. 12 with a double header of televised games. The games had record viewership and highlighted the potential success for the league this season. Here is a look at 7 stocks to watch during the 2021-22 NHL season. 1. Walt...

The second half of October has been one of the most active periods for the stock market in quite some time. Not only did the major indexes, including the SPDR S&P 500 ETF (NYSE: SPY) and SPDR Dow Jones Industrial Average ETF Trust (NYSE: DIA) hit fresh, all-time highs, retail traders, are...

On Thursday, a SPAC deal was announced to bring a new social media platform and other businesses from former President Donald Trump to the public markets. The SPAC Deal: Trump Media & Technology Group is merging with Digital World Acquisition (NASDAQ: DWAC) in a deal valuing the company at $875...

Former President Donald Trump has been no stranger to owning businesses throughout his life and he has a new business venture going public via SPAC merger. Here are the key details from the merger between Digital World Acquisition (NASDAQ: DWAC) and Trump Media & Technology Group. 1. Company...

Former President Donald Trump is all set to launch his own social media platform, which would be publicly traded. What Happened: The move was announced in a statement shared by Trump Media & Technology Group (TMTG) on Wednesday.  As per the statement, TMTG and special purpose acquisition...

SPAC merger partner Kin Insurance reported third-quarter financial results before the market open Wednesday. What Happened: Kin Insurance, which is merging with Omnichannel Acquisition (NYSE: OCA), reported third-quarter gross written premiums of $26.7 million, a 534% year-over-year...

One stock sector that has seen new investors enter for more exposure in 2021 is space. With the costs of rockets getting less expensive and new space startups going public via SPACs, investors are more interested in finding winners in the sector. For this week's Follow Friday, Benzinga...

This year, a word that has entered the vocabulary of many investors is SPAC, short for Special Purpose Acquisition Company. Yet, for some, what a SPAC exactly is and for what it is suitable, remains a mystery. The definition and characters of a SPAC I find it helpful to understand...

The largest integrated resort in the Philippines will become publicly traded as part of a SPAC deal announced Friday. The SPAC Deal: Okada Manila announced a SPAC merger with 26 Capital Acquisition Corp (NASDAQ: ADER) valuing the company at an enterprise value of $2.6 billion. 26 Capital is a SPAC...