Bloomberg

One of the most talked about SPAC deals and electric vehicle stories could also be the highlight of the coming trading week, with a deal announcement nearing the finish line. What Happened: Lucid Motors, rumored to be landing a SPAC deal with Churchill Capital Corp IV (NYSE: CCIV) since January, is...

Rumors have abounded over the last two months concerning a foray by Apple Inc (NASDAQ: AAPL) into self-driving car manufacturing. It now appears the rumors could have some merit.  What Happened: Cupertino is in active discussions with several suppliers to procure the lidar...

Apple Inc (NASDAQ: AAPL) is working on a magnetically attached MagSafe battery pack for the iPhone 12, according to Bloomberg.  What Happened: The battery pack attachment has been in development for more than a year, and the accessory is still scheduled to hit the market, according...

Chinese tech giant JD.com (NASDAQ: JD) has filed to list its supply chain arm, JD Logistics, on the Hong Kong Stock Exchange, an initial public offering that could potentially raise $5 billion and lead to a valuation of $40 billion, according to a Bloomberg report. The move comes only months after...

An attempt by Taiwan to secure five million doses of Pfizer Inc (NYSE: PFE) / BioNTech SE’s (NASDAQ: BNTX) COVID-19 vaccine failed “at the final step” of negotiations because of “political pressure,” revealed Taipei’s health...

Ford Motor Company (NYSE: F), an investor in Velodyne Lidar Inc (NASDAQ: VLDR), which went public in a 2020 SPAC merger, has sold its stake for a profit.  What Happened: Ford sold its stake in Velodyne Lidar after seeing a large gain from the company going public, according to ...

Tesla Inc (NASDAQ: TSLA) may use its future Indian factory as a base for exports, an analyst told Bloomberg on Monday. What Happened: Gartner Senior Research Director Pedro Pacheco said that the Elon Musk-led automaker could utilize the Indian manufacturing unit as an export base and...

Netflix Inc (NASDAQ: NFLX) is planning a documentary on pop icon Britney Spears following the release of a much-talked-about feature on the singer by Walt Disney Co’s (NYSE: DIS) Hulu this month, Bloomberg reported Monday.  What Happened Filmmaker Erin Lee Carr, renowned for her work on...

The price of the leading cryptocurrency has broken another record — surpassing the $49,000 level. What Happened: Bitcoin (BTC) has gained 5.69% over the last 20 hours, reaching a record $49,527 at the time of writing. The current market capitalization is at about $917 billion, which is...

One of the most dominant investing themes of 2020 was the rise in popularity of special-purpose acquisition companies, or SPACs, also known as blank check mergers. SPACs are continuing momentum into 2021 as there could be as many as 400 SPACs outstanding. The month of February has seen over $9...