A digital gold rush has gripped markets, making the launch of the first fully compliant Bitcoin mining pool based in the US a catalyst for Marathon Digital Holdings’ [MARA] share price rise.
Apple’s [AAPL] share price took a hit after Taiwan-based Foxconn [2354.TW] warned of “materials shortages” in the midst of the global chip scarcity.
Shares in robotics companies saw an unexpected uptick on 22 March after Interact Analysis released a survey that found the industry to be broadly optimistic about the next 18 months.
Scatec’s [SCATC.OL] share price has slumped so far in 2021, dropping by 28.4% through 29 March’s close.
A special purpose acquisition company (SPAC) is a listed shell company designed to raise capital in order to take another company public. Known as blank cheque companies, investors are reliant on the financial acumen of a SPAC’s management to identify the right opportunity.
WeWork has made a shock announcement, stating plans to go public via a special purpose acquisition company (SPAC) involving Shaquille O’Neal. This follows news that WeWork lost $3.2bn in 2020 and comes two years after its first attempt to go public failed rather spectacularly.
SpaceX’s satellite internet venture, Starlink, is having an impressively active month, after successfully launching another 60 satellites on 24 March, taking the total currently in orbit to more than 1,300.
Tesla [TSLA] has been centre stage across Ark Invest’s funds, which is perhaps unsurprising given that they focus on innovative companies and disruptive technologies.
In his first public webcast as the new CEO of Intel [INTC], Pat Gelsinger surprised investors by announcing a new direction for the US chipmaker. Instead of continuing to outsource manufacturing, the company is expanding its in-house production.
In an increasingly crowded fintech market, digital payment platform Square [SQ] has emerged as a leading force disrupting the payment industry. Square’s share price has soared 361% in the past 12 months to $213.51 on 24 March.