OceanTech Acquisitions I Corp. Announces Stockholder Approval of Extension of Deadline to Complete Business Combination

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...

ChargePoint Results Fall Short. Guidance Is Saving the Stock.

Shares of EV charging company ChargePoint have been caught in the sell off that’s hammered small-capitalization stocks that don’t produce earnings or generate free cash flow, yet. Investors hoped that...

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 ...

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 ...

CrowdStrike stock drops nearly 20% as elongating sales cycle slows new subscriptions

CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds and longer customer buyi...

Buy Taiwan Semi Stock Into a Weak Chip Market, Says J.P. Morgan

J.P. Morgan says investors should overlook any near-term softness in the chip business and buy Taiwan Semiconductor Manufacturing Company shares for the company’s robust future prospects. On Tuesday, ...

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...

Second-Largest U.S. Pension Buys Up Rivian, Snowflake, Airbnb, and Noble Stock

America’s second-largest public pension by assets recently increased its investments in some of the market’s more volatile stocks. The California State Teachers’ Retirement System doubled its stakes i...

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...

Amazon Stock Looks Like a Buy With E-Commerce Set to Rebound

Back in July, I wrote a Barron’s cover story that made a bullish case for Amazon.com tied to the enormous long-term value of the company’s cloud-computing arm, Amazon Web Services. Mea culpa. Amazon s...

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 ...

Al Gore’s Firm Dumps Intel Stock. It Also Sold Shopify and Microsoft Stock.

The investment firm co-founded by former vice president Al Gore recently made some big trades in the largest holdings of its portfolio. In the third quarter, Generation Investment Management sold all ...

How a Hot Norwegian Battery Start-Up Beat the SPAC Deep Freeze

Stocks associated with special purpose acquisition companies crashed in 2022—with an exception: Freyr Battery The shares are up some 34%, year to date, despite stumbling this past Monday after releasi...

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...

Muddy Waters takes short position against U.S.-listed Uruguayan payments company

Short seller Muddy Waters Capital announced it has taken out a short bet against Uruguayan payments firm dLocal, calling the company “likely a fraud,” which caused its shares to dramatically drop on W...

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, ...

Warren Buffett’s chip-stock purchase is a classic example of why you want to be ‘greedy only when others are fearful’

This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one ...

Berkshire Bought Taiwan Semi Stock. Here’s What Else It Bought and Sold.

We’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. We’ve detected you are on Internet Explorer. For the best Barrons.com e...

Icahn loads up on Twitter, oil and gas in third quarter, dumps Welbilt

Billionaire investor Carl Icahn acquired more than 12.5 million shares of Twitter Inc. during the third quarter, ahead of Elon Musk’s takeover of the company, while also boosting his holdings in Occid...

Palantir Stock Is Sliding. One of Its Investments Just Went Bankrupt.

Palantir stock is coming under selling pressure amid concerns about the implications of a chapter 11 bankruptcy filing last week by Fast Radius a provider of cloud-based manufacturing and supply chain...

Elon Musk Complains of High Workload After Twitter Takeover

Elon Musk said he has “too much work” as the chief executive of both Twitter and Tesla as he undertakes mass layoffs and grapples with an advertising backlash at the social-media company.   “I am real...

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...

Buy Bumble Stock. The Dating App’s Shares Haven’t Met Their Match.

Bumble has been getting the cold shoulder from investors, who are worried that singles have cooled on its dating apps. The company, though scruffy, remains attractive—and its stock could be just the t...

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...