Special-purpose acquisition company Digital World Acquisition Corp (DWAC) has alerted potential investors that the man behind its prized product, former US President Donald Trump, has been associated with a long list of failed businesses ahead of a planned merger between the company and Trump Media & Technology Group. DWAC, which …
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Russia’s National Settlement Depository (NSD) said on Friday that Clearstream clearing house, which processes payments for many of the country’s corporate and sovereign bonds, has blocked its account. This means that Russian holders of European stocks and bonds cannot receive dividends on their investments through Clearstream. According to Interfax, the …
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Foreign property owners Kiev are actively selling up as the market reacts to concerns that Russia could be planning to invade its neighbor, the head of a real estate agency in the Ukrainian capital has claimed. Speaking to news outlet Strana on Wednesday, Irina Lukhanina, director of the Best&Seller firm, said that …
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Tesla investors on Tuesday asked a judge to order Elon Musk to repay the electric carmaker for the 2016 acquisition of solar panel producer SolarCity. The company has been integrated and reorganized, and is now known as Tesla Solar. The plaintiffs on the case filed last year claim Musk used …
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According to the report, the number of US-listed initial public offerings from mainland China increased by 31 from January to June, with the IPOs raising $8.82 billion. The first day return rate of the so-called China concept stocks listed on US exchanges was 131% on average, also a multi-year high, …
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“Whole industries and large enterprises in key sectors of the Russian economy have been slapped with sanctions… So, American investors stopped investing in those sanctioned industries and started searching for other opportunities. As a result, American investments in Russia during the period increased because… the American business aims at obtaining …
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A skeptic of crypto, Bailey was asked at a press conference about the rising value of cryptocurrencies. He said, as quoted by CNBC: “They have no intrinsic value. That doesn’t mean to say people don’t put value on them, because they can have extrinsic value. But they have no intrinsic …
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$GME was up by nearly 104 percent when trading stopped on Wednesday, more than doubling its value over the last 24 hours, but the surge was stopped in its tracks by a trading halt imposed some 15 minutes before markets closed. Observers online noted that while halts are typically short-lived …
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Robinhood’s Vladimir Tenev has become one of the most sought-after interviewees for outlets covering stock market news, due to the role he played in the stand-off between large short-selling hedge funds and a crowd of small-dollar investors from the Reddit community WallStreetBets. But Elon Musk is arguably the most unusual …
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The website listed a coin dubbed WallStreetBets (WSB) above the world’s top cryptocurrency, bitcoin, earlier this week. As of Sunday, WallStreetBets still outranked major cryptocurrencies, as it gained nearly 130 percent in the past 24 hours and over 1,160 percent in a week. The price of the WallStreetBets token is …
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