Saturday, May 15, 2021

An examination of Chamath Palihapitiya-sponsored SPACs, including Clover Health, which have plunged 50% on average after the SPAC market hit its peak in mid-Feb (Zeke Faux/Bloomberg)

Zeke Faux / Bloomberg:
An examination of Chamath Palihapitiya-sponsored SPACs, including Clover Health, which have plunged 50% on average after the SPAC market hit its peak in mid-Feb  —  One morning last October, as wildfires raged across Northern California, President Donald Trump convalesced from Covid&#x2011 …



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...