Stocks on both sides of the Atlantic are pushing further into record territory. Read More
Tag: SPACs
Why scooter startup Bird may be worth $2.3 billion–or more
Bird is going public at a value of $2.3 billion by merging with a SPAC. Read More
This famed short seller predicts a SPAC boom crash
“If there ever was a good SPAC deal, it was probably about 300 SPACs ago.” Read More
SPACs just broke the annual record for new issuance—in March
It’s not going to end well for investors in special purpose acquisition corporations. Read More
Bitcoin and global stocks bounce back
U.S. futures have been climbing all morning, following Europe and Asia higher. Read More
Bitcoin hits a new all-time high as investors surge back into stocks
U.S. futures point to a solid open on Friday as investors look to snap a three-day S&P 500 slump. Read More
AMA: Reddit, Robinhood and ‘Roaring Kitty’ to face a grilling today for the GameStop ‘stonk’ frenzy
U.S. futures are stuck in the red ahead of today’s big hearing in Washington. Read More
After hitting all-time highs, stocks and Bitcoin head in opposite directions
U.S. futures point to a weak open on Friday as the stocks rally takes a breather.
Move over Bitcoin—SPAC mania has overtaken the markets
Good morning. U.S. futures are nudging higher ahead of today’s jobless-claims data dump. Why should investors care about something as mundane as jobs? Answer: because the U.S. labor market is a “long way” from healthy, says Fed Chairman Jerome Powell, and that weakness will hamstring the central bank’s monetary policy going forward. But never mind […]
Here’s what’s driving global stocks to new all-time highs
This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Happy Friday, Bull Sheeters. It’s a risk-on day as investors seek to extend the weeklong rally. Broad-based gains in tech, autos and pharma are pushing global equities ever closer to an […]