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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 on topics ranging from reducing emissions to real estate and batteries. The conference started Mond...

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. QuantumScape is one among a growing crop of solid-state battery companies that are promising a leap in perf...

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 search for a suitable acquisition, which is likely to be in e-commerce, new media and/or immersive ex...

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 the markets last year, are now leaving them out in the cold, according to CNBC.

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