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Grindr Lines Up A $2.1 Billion SPAC Deal Despite A Chilly Market, Privacy Concerns

Grindr, the dating app that focuses on the LGBTQ+ community, has agreed to go public by merging with a SPAC at a valuation of $2.1 billion, including debt. Grindr is getting ready for its Wall Street closeup. SOPA Images/LightRocket via Getty Images It’s the largest SPAC deal announced in more than three months, a rare […]

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Wealthy investors piled into the carbon market

The once-niche carbon market is attracting wealthy individuals in pursuit of a new way to make money. And, at the same time, as society’s concerns about climate change grow, it is providing them with a potential route to a greener portfolio. The rich and their money managers are now taking an interest in the market […]

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End-of-day markets close higher | Tuesday, May 10, 2022

This was a choppy, low-volume day of trade, and now just two days until the major USDA May Supply/Demand reports. December corn rallied on planting delays and extended forecasts that now look wet for next week. At the close, July corn closed up 3¢, with December up 8¢. July soybeans closed 7¢ higher with November […]

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Canoo warns it may not have enough funds to bring EVs to market – TechCrunch

Canoo’s first-quarter earnings shows a company burning through cash, no near-term revenue and a warning that it may not have enough money to stay in business. Shares of Canoo, which were down 5% Tuesday, fell another 17.5% in after-market trading following the release of its earnings. It has since recovered and is now down more […]

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Nanosatellite and Microsatellite Market Size will Observe Substantial Growth of USD 8.21 Billion by 2028 : Fior Markets

Fior Market Research LLP Nanosatellite and Microsatellite Market by Type (Microsatellite and Nanosatellite), by Application (Earth Observation/Remote Sensing, Technology and Academic Training, Communication & Navigation,Scientific Research, Biological Experiment, and Reconnaissance), by Components, by Vertical and Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028 Newark, NJ, May 10, 2022 (GLOBE […]

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Analysis: Pain not over for US bond market but some see yields nearing their peaks

An eagle tops the Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – Interest rate jitters keep hammering the US bond market but some investors are starting to think a possible slowdown in price pressure as well as […]

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The stock market is freaking out because of the end of free money. It all has to do with something called ‘the Fed put’

You might have noticed some turbulence in the stock market recently. It took a while to sink in after last week, but investors had a full freak-out from Friday through Monday when they realized just how serious the Federal Reserve is about fighting inflation. As a result, stocks have posted their worst start to the […]

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Intel launches new AI chips, challenging Nvidia’s market

Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register JERUSALEM/SAN FRANCISCO, May 10 (Reuters) – Intel Corp (INTC.O) on Tuesday launched a new […]

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ARK’s Wood sees global recession, blames market selloff on Fed hike plan

Cathie Wood, Founder, CEO and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, US, May 2, 2022. REUTERS/David Swanson Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – The global economy is in recession and recent stock market volatility is a […]

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Stock futures drift ahead of inflation data

US stock futures opened flat Tuesday evening, as investors looked ahead to a key report on the state of inflation in the US to help clarify the path forward for monetary policy. A key datapoint due for release Wednesday morning will be the Labor Department’s April Consumer Price Index (CPI), offering an update on price […]