NEW YORK–(BUSINESS WIRE)–On November 29, 2022, OceanTech Acquisitions I Corp. (the “Company” or “OceanTech”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, announced that its stock...
Tag: Acquisitions
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, -0.11% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stocks look ready to rethink on that optimsim, even after fresh inflation data showed ...
Twilio Stock Has Been Hammered. 3 Reasons It Could Fall Even More.
Twilio stock was falling Monday after a Jefferies analyst cited three reasons why he has lost confidence in the cloud-based software provider over the near-term. Analyst Samad Samana downgraded shares...
Not All Retailers Are Overstocked for the Holidays. They’re Discounting Anyway.
Many big retailers are discounting heavily and earlier this holiday season to clear excess stock from their shelves and warehouses. But others, with no substantive overhang of inventory, are also offe...
BudBlockz Rises In Popularity Following Acquisitions
SPONSORED POST* There is no surprise that celebrities and business moguls are showing keen interest in acquiring a major piece of the pie when it comes to the cannabis industry. With P. Diddy recently...
After Voyager Bid, CrossTower Eyes Further Acquisitions
The FTX implosion may have dented investor confidence and extended the crypto winter, but that does not appear to be a hurdle for many exchanges from pursuing expansion via mergers and acquisitions. O...
CrossTower eyeing further crypto acquisitions outside of Voyager bid
Crypto exchange CrossTower Inc., which is currently bidding for the assets of Voyager Digital, is reportedly window shopping for other crypto company acquisitions. In a Nov. 24 Bloomberg report, Cros...
Activision stock falls after report of ‘likely’ FTC antitrust lawsuit against Microsoft acquisition
Activision Blizzard Inc. ATVI, +0.94% shares declined in after-hours trading Wednesday following a report that the Federal Trade Commission was likely to file an antitrust lawsuit to block the videoga...
OceanTech Acquisitions I Corp. Announces Postponement of Special Meeting of Shareholders Until November 29, 2022
NEW YORK–(BUSINESS WIRE)–OceanTech Acquisitions I Corp. (the “Company”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that it has postponed the Special Meeting of ...
E-Commerce Aggregator Society Brands Has ‘Robust’ Pipeline Of Acquisitions; Rolls Out Tech Stack
Society Brands, an Amazon aggregator, is aggressively growing its portfolio. Getty Images Tech-enabled consumer products company Society Brands, which acquires e-commerce native brands that primarily ...
Activision Stock Still Looks Like a Buy. Here’s Why.
Back in July, Barron’s made the case for buying Activision Blizzard stock in anticipation of Microsoft closing its $69 billion acquisition of the company. With Activision shares trading at a significa...
Intel’s Newest Director Buys Big Block of Stock
On the heels of Intel CEO buying the company’s stock, the chip giant’s newest director also scooped up shares. Lip-Bu Tan, who joined Intel’s (ticker: INTC) board on Sept. 1, paid $1.35 million on Nov...
Scaramucci says he did buy FTX token after getting investment from Sam Bankman-Fried
Anthony Scaramucci’s investment fund SkyBridge Capital bought $10 million worth of FTT tokens after receiving an investment from FTX founder Sam Bankman-Fried. The Financial Times reported on Thursday...
Majic Wheels Corp. Enters Definitive Merger Agreement with OceanTech Acquisitions I Corp.
NEW YORK–(BUSINESS WIRE)–Majic Wheels Corp. (“Majic Wheels”) (OTC: MJWL), a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, ...
Berkshire Bought Taiwan Semi Stock. Here’s What Else It Bought and Sold.
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Bankrupt Voyager Digital Looks for New Buyer After FTX Goes Under
Bankrupt cryptocurrency broker and lender Voyager Digital Ltd. said it has resumed its search for a buyer in light of the collapse of crypto exchange FTX, the firm founded by wunderkind Sam Bankman-Fr...
Sell Intel Stock, Analyst Says. Market Share Losses Are the Concern.
An analyst at J.P. Morgan says sell Intel stock, citing concerns about the company’s loss of market share amid ongoing competition and softening PC demand. Following a period of restriction, J.P Morga...
Carvana Stock Downgraded After a 97% Drop. Why Analysts Waited.
Carvana stock is falling in Wednesday trading, following a BofA Securities downgrade. The move comes after the stock has swooned 97% so far this year, although BofA isn’t alone in riding the used-car ...