Remember SPACs? Market Focuses on Earnings
An expected quiet day in SPAC land, at least there was one deal announcement, as the market was undoubtedly more focused on big tech earnings.
Author:
Apr 27, 2021
Up and down day for stocks as the market was focused on mega-cap earnings reports due from the likes of MSFT, AMD, and GOOG. The tech heavy Nasdaq 100 dipped, while the S&P500 was relatively flat. Unsurprisingly, there was little mainstream attention towards SPACs today, although this morning did see a late deal announcement bringing the week s total to two. Expect deal flow to remain muted for the time being.
Share this article
Share this article
SAN FRANCISCO, April 27, 2021 /PRNewswire/ Five privately held Israeli-founded companies in California have reached or surpassed a $1 billion valuation in 2021, boosting the state s nation-leading unicorn count to 22, according to the
United States – Israel Business Alliance. Each of these 22 companies has at least one Israeli founder and maintains its global or U.S. headquarters in California. California continues to attract many of the best and brightest innovators in the world, USIBA president Aaron Kaplowitz said. We re seeing today a new generation of Israeli entrepreneurs contribute to northern California s innovation ecosystem and benefit from a deep bench of venture capitalists.
California is now home to 22 Israeli-founded unicorns calcalistech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calcalistech.com Daily Mail and Mail on Sunday newspapers.
eToro Introduces BitcoinWorldwide, a Thematic Investment Portfolio Featuring PayPal, Nvidia, Canaan, Coinbase
Multi-asset investment platform
BitcoinWorldWide.
Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency.
Dani Brinker, eToro’s head of portfolio investments, stated:
“Our aim is to provide retail investors with an easy way to get exposure to companies that deliver a service or product essential to the further adoption of Bitcoin.”
eToro considers Bitcoin’s value chain to include firms focused on crypto mining, semiconductor, payments, exchange, custodianship and insurance services, as well as the digital asset itself. As such, BitcoinWorldWide involves firms like PayPal, electronic chip maker Nvidia, mining hardware provider Canaan, and digital assets firm Coinbase.
eToro CEO And Serial SPAC Dealmaker Betsy Cohen On The Merger insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.