Finance
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410A biotech investor reportedly made $255 million in just 4 weeks on Novavax’s 120% surge (NVAX)
RA Capital Management, a small biotech investment firm, has made $255 million in paper profits in less than four weeks from a...
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‘Blank check’ companies have seen a surge in popularity this year. Here are 6 high-profile SPACs to watch in 2020.
Special purpose acquisition companies, also known as “blank check” companies, have seen a surge in popularity in 2020 as several high-profile companies...
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530A day-trader on Reddit claimed they made a 3,500% gain, and turned $35,000 into $1.25 million during the pandemic
THOMAS LOHNES/Getty A Reddit user on a popular subreddit forum “WallStreetBets” claimed they turned an initial investment of $35,000 from their retirement...
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SoFi just filed an application for a national banking charter, and CEO Anthony Noto told employees it’s a critical strategic step for the $4.3 billion fintech
Personal finance startup SoFi has filed an application for a national bank charter, Business Insider has learned. Obtaining a national bank charter...
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460Cryptocurrency marketplace Coinbase reportedly eyeing stock market listing as early as this year
Cryptocurrency exchange Coinbase has started planning for a stock market listing that could take place as soon as this year, Reuters reported...
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397A Chinese tech stock skyrocketed 924% on its trading debut, breaking the record for a first-day gain
Shares in a Chinese tech company soared 924% during their trading debut on Thursday, according to Bloomberg. QuantumCTek’s stock price rose more...
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More than 4,800 startups that applied for federal PPP loans in the coronavirus-led shutdown had raised venture funding in the last 2 years
According to new data from CB Insights, 2,267 investor-backed startups that applied for federal assistance through the Paycheck Protection Program had raised...
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442US stocks gain, lifted by tech, amid investor optimism around economic reopening
US stocks rose on Wednesday as investors assessed economic-reopening efforts in the face of climbing coronavirus cases, which hit a single-day record...
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398Investors bought about $1.1 billion in private bonds backed by Italy’s most powerful mafia over the last 3 years
Institutional investors bought private bonds backed by Italy’s most powerful organized crime group in the past three years, according to a Financial...
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Buy these 15 stocks that are shielded from COVID-19 fallout and primed to beat the market even as virus cases spike, Evercore says
The recent spike of coronavirus cases in some states is stoking concern among investors that the economy will sustain longer-term damage. Accordingly,...