
Trump’s SPAC loses nearly US$200 million in stock purchase deals
Shares of Digital World Acquisition Corp. are down more than 80% from last spring as its merger with Truth Social’s parent company faces increased hiccups.
Shares of Digital World Acquisition Corp. are down more than 80% from last spring as its merger with Truth Social’s parent company faces increased hiccups.
The 249-year-old German sandal maker proved to be an unwanted debutante, underperforming Arm, Instacart and Klaviyo’s 15% average rise in their September debuts.
Caroline Ellison, the former CEO of FTX’s sister hedge fund Alameda Research, said her former colleague and love interest Bankman-Fried had high political ambitions.
The shekel has shed 3% since Friday before the Hamas attack on Israel.
Former President Donald Trump responded Monday to being left off of The Forbes 400 list of the richest Americans, levying several false allegations against Forbes.
General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker.
Cisco notched its worst day in five months after unveiling the largest takeover in its history.
Rupert described his eldest son as a “passionate, principled leader” in a statement naming his successor.
Instacart’s three cofounders cashed in about $100 million from the IPO while firms who bought into InstaCart’s 2021 funding round dealt with a near 70% unrealized loss.
The largest IPO in 22 months, Arm opened with a $54.5 billion market capitalization.