SPACs Turn To Alternative Sources Of Capital As Hedge Funds Drive Redemptions

Copper More Critical than Lithium? Lithium may have grabbed the headlines as a key material in building electric vehicles (EVs). But so is copper. And copper's importance in the new green economy goes far beyond EVs. Copper is critical in building wind turbines and solar panels. It's key to power lines and upgrading the national grid. Analysts say we're facing a 10-million-ton shortfall if new copper mines are not found. [See How You Can Benefit From New Copper Discoveries.]() [SPACs Turn To Alternative Sources Of Capital As Hedge Funds Drive Redemptions]() In 2020, special-purpose acquisition company (SPAC) IPOs dominated the market. During the year, the so-called blank cheque shell companies raised a record $83 billion. The environment continued in 2021. During the first month of 2021 alone, new SPAC issues raised $26 billion. The market went on to break another record in the year, with $160 […] [Read More]() [Costco, BJ’s or Walmart: Which Stock Has the Best Price?](=) The number of newly reported domestic coronavirus cases has slowed dramatically since mid-January. One would think that shoppers’ stockpiling habits would have done the same, but that hasn’t been the case. At Costco, U.S. comparable sales for February were up 17% year-over-year; excluding the impact of surging gas prices, they were up 13%. The recently […] [Read More](=) [Goodyear Tire Stock Price Going Back In Time]() Tire and automobile service provider Goodyear Tire and Rubber Company (NASDAQ:GT) shares have fallen back towards pandemic levels driven by the benchmark indices sell-off. The country’s largest tire maker saw market share gains and top line growth from its merger with Cooper Tire and Rubber. However, inflationary pressures and supply chain challenges had a material […] [Read More]() [Saudi Arabia To Invest $50 Billion To Increase Oil Capacity](=) State oil company Saudi Aramco – Saudi Arabian Oil Co (TADAWUL:2222) – is set to increase investments by 50% to boost oil output this year, amid skyrocketing prices and West outcry. The company doubled its profit in 2021. Investments As reported by CNN Business, Aramco announced it would increase its capital expenditure to $40-50 billion […] [Read More](=) The Coming Copper Bull Run Copper prices have nearly doubled since last year -- driven by the explosive growth in electric vehicles and soaring demand for green-powered electricity. But copper demand far outpaces supply. Multinational investment banks are predicting a 50% to 100% rise in copper prices by 2025. And this "backdoor" play may be a move to consider. [Find out how you can slip into copper through the back door.]() = [Sofi Financial Stock Looks Attractive Down Here]() Personal finance company Sofi Technologies (NASDAQ:SOFI) stock has been punished with the benchmark index sell-off despite seeing strong growth in its various segments. The popular provider of loans ranging from student, personal and home saw record growth in 2021 as it grew its customer base to 3.5 million users, up over 80%. The Company will […] [Read More]() [Tullow – Inching Forward On Growth Plans]() Tullow Oil plc (LON:TLW) has upped its stakes in the Jubilee and TEN fields in Ghana, to 38.9% and 54.8% respectively. The group paid a total of $118m in cash for the purchase. This should add an additional 4,000 barrels of oil equivalent per day (boepd) each year and Tullow increased production guidance to 59,000-65,000 […] [Read More]() [Unsubscribe]( | [Update your profile]( | 347 Fifth Avenue Suite 1402-390 , New York, NY 10016