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April 27, 2021
Singh’s Secretive Company Attracts Scrutiny: Green Summit Update Bloomberg 1 hr ago Akshat Rathi (Bloomberg) -- Top executives, policy makers and investors gathered this week for the two-day Bloomberg Green Summit. The virtual event focused on the core issues of climate change. Popular Searches Today’s lineup included Canadian Prime Minister Justin Trudeau, former Bank of England Governor Mark Carney and QuantumScape Corp. co-founder Jagdeep Singh. The discussions centered...
April 21, 2021
All well and good for battery chemists who get large sums of money to pursue wild scientific ideas that may lead to major breakthroughs. But when secrecy and early-technology risk collide with public markets, it can spell trouble. That’s what happened to QuantumScape Corp. last week, when Scorpion Capital published a 188-slide report calling the company a “scam.” Scorpion has a short position on QuantumScape, which means it’s betting on the company’s stock price to decline. QuantumSc...
April 21, 2021
Gunsynd backs £1.64mln Media Tech SPAC fund raise MTS said it is looking to carry out an IPO on London Stock Exchange during the second half of 2021. e-commerce is one area where MTS is looking The investment comprises a subscription for 1.25mln shares at 4p and is part of a £1.64 capital raising. Following the fundraise, MTS will have 82.5mln ordinary shares in issue for a pro-forma equity valuation of approximately £3.3mln. The SPAC will use the money to carry out its s...
April 20, 2021
Jim Cramer said Monday that the stock market is divided between houses of pleasure and pain, one made up of traditional stocks and the other made up of stocks favored by younger investors, CNBC reported. What Happened: The “Mad Money” host said that the “house of pleasure has walls made of traditional stocks that hold up under scrutiny, but the house of pain has been falling apart.” The former hedge fund manager said that the stocks in the house of pain, the same that drew investors to ...
April 19, 2021
QuantumScape Corp.'s (QS) charts remain bearish and present new downside targets, writes technical analyst Bruce Kamich, who notes that shares of the maker of solid-state batteries point could weaken further based on its technical signals....QS
April 18, 2021
with Roth CH Acquisition Co II (NYSE: ROCC) valuing the company at $788 million. Reservoir Media has over 140,000 copyrights under its music publishing business including hits from Johnny Cash, John Denver, Lady Gaga, Cardi B and Bruno Mars. The company also has a creative business that represents musicians and has rights to more than 26,000 sound recordings that include popular movie soundtracks. Reservoir Media has not announced any plans to launch NFTs but could be seen as a company that c...
April 16, 2021
Plug Power Inc. Plug Power is a renewable energy company that is engaged in developing hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity. In essence, it is a leading provider of clean hydrogen and zero-emission fuel cells that are both cost-effective and reliable. PLUG stock has risen by over 400% over the past year. During the same period, the company has announced multiple partnerships and executed strategic acquisitions. Source: T...
April 14, 2021
Do You Have These Top Tech Stocks On Your April 2021 Watchlist? The broader market appears to be on the uptrend so far this week. While bank stocks seem to be leading in gains on stellar earnings figures, tech stocks remain in demand. Evidently, the tech-heavy Nasdaq Composite has mostly recovered from the recent tech selloffs. In fact, it seems to be edging closer towards its record high seen in February. With all this in mind, I can understand why investors are still looking for the top tech ...
April 7, 2021
Volkswagen AG’s most profitable division is in talks to set up more collaborations with battery developers, including Germany’s Custom Cells GmbH, Porsche said Tuesday in a statement. The sports-car maker is spending 15 billion euros ($18 billion) over five years on boosting electric mobility and digital services. Staying on top of the latest advances in battery technology will be key in shifting fans of Porsche’s cutting-edge combustion models to buying electric siblings like the Taycan...
April 7, 2021
Porsche Seeks Closer Ties With Battery Specialists for Tech Bloomberg 2 hrs ago Christoph Rauwald (Bloomberg) -- Porsche is seeking to strengthen ties with battery specialists to expand on its technology edge that’s helped turn the Taycan electric car into a sales success. The sports-car maker is in talks to set up more collaborations with battery developers, including Germany’s Custom Cells GmbH, Volkswagen AG’s most profitable division said Tuesday in a statement. Po...