CNBC: Mad Money
5/2/2024 10:29pm
... and make no mistake viking had a nice $818 million operating profit last year not talking about some fly by night spac here. nothing's perfect. viking doesn't have the bell balance sheet. but none of the publicly traded cruise lines have great balance sheets because it's a capital intensive industry ...
CNBC: Squawk on the Street
4/24/2024 1:29pm
... chairman, and that stock has been on a run it's a spac it was originally a spac, yes, way back. they have 60% organic order growth, why? they're in the datacenter. and the datacenter, as we saw in ...
Bloomberg: Bloomberg Technology
4/18/2024 3:07pm
... from california to new york over a contract with israel, that report next. a quick check, shares higher 14% in the session adding to the gains. classic spac trading prayed a ...
FOX Business: The Claman Countdown
4/17/2024 7:44pm
... have content. they're raising financing through a spac being merged into their content company. so lionsgate is a holding company. there's a lot of financial engineering that could work. we're waiting to see the cards on the table face up. liz: what would look good to you? ...
CNBC: Power Lunch
4/17/2024 6:52pm
... prices increase by 3.5%. they are still struggling to find drivers forward pe now 23.5. this is not a bargain by any measure. and investors don't have to be along for the ride in a spac ...
CNBC: Squawk Box
4/16/2024 10:08am
... that stock has fallen 60% from the recent high after the spac merger in march. they will seek to offer the resale up to 146 million shares of from selling security ...
CNBC: Mad Money
4/15/2024 10:42pm
... after they lost people fortunes. and the level of hype of legitimacy here was ridiculous the whole spac boom started with nicola, an electric vehicle play with a stock that soared to the stratosphere and then we found out that it made outrageous ...
CNBC: Mad Money
4/15/2024 10:42pm
... the people running the spac targets, though, were charlotte ta charltons. they didn't care we couldn't spot it. eventually the most egregious got prosecuted, but not until ...
CNBC: Mad Money
4/15/2024 10:41pm
... the sec would never sanction this stuff if went to a bank to borrow money with these projections, they would laugh you out of the room yet wall street let the spac details happen because the investment bankers wanted the fees the securities and exchange commission was asleep at the ...
CNBC: Mad Money
4/15/2024 10:41pm
... which is what they should have been doing the electric vehicles. jason spac in 2021 with totally made up forecast that went out many years into the future if you tried to pull something like this with a real ipo, you might end up in prison ...
CNBC: Mad Money
4/15/2024 10:41pm
... that exist to make big acquisitions originally they were meant to make lots of little acquisitions but in 2020, some geniuses realized they could use spac murders while skirting all the intense regulatory scrutiny you get when you actually do an ipo ...
CNBC: Fast Money
4/15/2024 9:39pm
... there is a stock for sale. think about, 90% of the companies that went public through spac in the last five years -- this is meme or steroids. we've already said that. you couldn't short it, ...
CNBC: Squawk on the Street
4/15/2024 1:32pm
... really was only the shares of the spac itself, remember, dwac is going to be seeing a great deal more shares in the not-too-distant future, when a ...
CNBC: Squawk on the Street
4/15/2024 1:32pm
... by a spac or merged with a spac. you have a lot of warrant holders, including the sponsors. they own common. they also own warrants. and you are going to register those warrants, and that's what ...
CNBC: Fast Money Halftime Report
4/12/2024 4:18pm
... fundamentals, they'll catch up to the valuation. the bubble sector that you're pointing to some of the spacs has had a bounce, there is no catching up. that will burst and come back ...
CNBC: Squawk on the Street
4/11/2024 1:52pm
... i haven't checked in on trump media and tech. it's had a rough debut since de-spaccing. you could have bought the spac. dwac at prices far below this and you would be up enormously. ...
CNBC: Worldwide Exchange
4/11/2024 9:24am
... parent company of truth social merged with the spac late last month. as jim cramer says, there is a bull market somewhere. you don't have to look further ...
CNBC: Squawk on the Street
4/9/2024 1:44pm
... get, stocks staying above 2750 after the de-spac. that's done. which needs more, paramount or trump media? that's a good question. paramount is 8 billion, trump ...
CNBC: Fast Money
4/8/2024 9:40pm
... since it began trading after the spac merger. we talked about the big changes in big tech's performance, but let's get a technical take. time to go off the charts with chris verrone. chris, we were talking about nvidia and google and the change ...
FOX Business: The Claman Countdown
4/5/2024 7:52pm
... liz: let's take a look at djt, trump media and technology. right now down about11.6%, trading at its lowest level since the stock closed its spac or reverse merger deal less than two weeks ago a, so down about 29 since then. ...
CNBC: Closing Bell
4/5/2024 7:07pm
... we had an incredible boom, housing market, stock market, crazy speculation, spacs, nfts and everything at the same time, the fed was buying mortgage-backed securities, keeping interest rates at zero, ...
CNBC: Squawk on the Street
4/5/2024 1:39pm
... vertiv, which was at one point at $3, the spac that dave coaty took charge of, but eaton is 15% datacenter. they have five megacap trends, all of them exactly where you want to be. ...
CNBC: Fast Money
4/4/2024 9:38pm
... within the russell 2000, you have a lot of stuff that you probably don't want to own. there's a significant amount of unprofitable companies. you have a large number of spacs in there for a long period of time. that's starting to drift away. you have a lot of rate sensitive companies that we don't ...
Bloomberg: Bloomberg Technology
4/3/2024 3:26pm
... because it has the potential to be sold to someone else at a higher valuation as opposed to the actual underlying business as it is fit right now. ed: bailey lipschultz has been kept busy by the latest spac and what a story it is. coming up, spotify raising ...
Bloomberg: Bloomberg Technology
4/3/2024 3:25pm
... this is a counter lawsuit from donald trump saying they deserve nothing. this is a deal that had a number of lawsuits from the two cofounders to the founder of the actual spac that brought trump media public and about his ...
Bloomberg: Bloomberg Technology
4/3/2024 3:24pm
... stock in it. this comes amid wild swings in shares of the recently public company. they went there a spac. we will talk about it with bailey lipschultz. talk about the issues the ...
CNBC: Fast Money Halftime Report
4/2/2024 4:02pm
... happening with the donald trump spac, you just knew there were games being played that we really haven't seen since, like, late 2021. you also saw a whole bunch of meme coins, and i don't mean accidental meme coins like they ...
Bloomberg: Bloomberg Technology
4/2/2024 3:26pm
... amount -- they have been reticent to give us how many people are signing up. it's about 9 million across the platform. reddit has 267 million people month income a month out. what's interesting is how heavily shorted it is. spacs are always volatile. ...
CNBC: Squawk on the Street
4/2/2024 2:56pm
... disclose ongoing concerns -- they're a public company and they would have an obligation. i spent a long time in 2021 looking at ridiculous projections that would come out of some of these companies that were going to merge in terms of a spac merger and how absurd ...
CNBC: Squawk on the Street
4/2/2024 2:55pm
... of their companies, claims which never would have been possible to be made had a traditional ipo route been used. the new spac rules adopted in january made the sec require the target company and made them legally liable for any statement made about future results by ...
CNBC: Squawk on the Street
4/2/2024 2:54pm
... in january of this year, the sec considerably tightened disclosures around spacs. this is why you have some disclosures. prior to these rules, executives marketing the company to be acquired, often made wild claims about the future profitability ...
CNBC: Squawk on the Street
4/2/2024 2:02pm
... a net loss of $58 million last year and revenues of only $4 million. shares hit a high of $79 back in the public debut last week post spac mergeer. they're around 47. let's get jolts and factory ...
CNBC: Squawk Box
4/2/2024 10:13am
... find spacs down 90%. you can say there was no underlining business from the beginning. when was gme really worth it? you look at the bubble with the stupid companies that went ...
CNBC: Squawk Box
4/2/2024 10:12am
... remember the meme? this is in a different league than the spacs. given how terrible the under lining business the spacs were. this is a meaningfully bad business. it was a shocker when it came ...
CNBC: Squawk Box
4/2/2024 10:11am
... once again, they warn when you read the risk profile of the company. it is not a loan in that regard in the spac world. ...
CNBC: Squawk Box
4/2/2024 10:10am
... justification to get there. pick your spac. a lot of them are down 90%. you think in this case like the dimon hands folks who said they were in forever and they ...
CNBC: Squawk Box
4/2/2024 10:09am
... billion after yesterday's close. the stock hit a high of $79 last week after going public via spac. he still has to get permission from the board of the company to sell his shares in the next six ...
CNBC: Worldwide Exchange
4/2/2024 9:13am
... and shares of trump media lost $58 million on $4 million of revenue. trump media completed the spac last week. you can see shares are down 4% ...
CNBC: Fast Money
4/1/2024 9:53pm
... those were -- it would have problems with going concern if the merger isn't completed. these were auditors year-end last year. there is cash there, you know, from the spac merger, there is cash there, so, going concern for awhile shouldn't be an issue. part of this is, this is make ...
CNBC: The Exchange
4/1/2024 5:08pm
... money market is something that feels like it's been around forever, but it's only been here for a short timeframe, and we need to know that this is something that's not going to last. so both on the spac side when we need to take advantage of the buying opportunities in the quality sector. the ...
Bloomberg: Bloomberg Technology
4/1/2024 3:39pm
... look at shares of trump media and technology group. a loss of around 57 million u.s. dollars. the stock down accordingly around 15%. this is the de-spac listing ...
FOX Business: The Claman Countdown
3/28/2024 7:17pm
... ipo. and djt shares, the truth social-donald trump social platform also is moving lower by 6% on the session after surging on the completion of its spac or reverse merger this past tuesday. now, as we close out the month and the quarter, what do the ...
FOX Business: The Claman Countdown
3/27/2024 7:03pm
... not exactly the blackrock board. but i believe there's some covenants. i don't know. most spacs have covenants. if there wasn't, would you sell right now? i don't know enough about the company, you know, so i'm not going to -- i would recommend _ ...
FOX Business: The Claman Countdown
3/27/2024 7:03pm
... the new stock, as you know. everybody's talking -- the stock has an amazing run, and i think in a spac, you know,. ...
Bloomberg: Bloomberg Technology
3/27/2024 3:16pm
... financials and it did not add up so we got digging in the rest is history so to speak. even so, this is a highly anticipated listing even though it was done via a d spac. what broadly is the investor ...
CNBC: Squawk on the Street
3/27/2024 2:09pm
... media and technology, and game stop have in common? strong retail participation. so-called meme stocks are having a moment again trump media and technology launched as a spac yesterday the new business has a current ...
CNBC: Squawk on the Street
3/27/2024 1:30pm
... acquisition, a spac celebrating its ipo. spacs, you know, leave me cold they always have a very nice, rosy hue at the beginning, and then they let you down there was a spac that wi was looking at, apropos of the ...
CNBC: Squawk on the Street
3/27/2024 1:29pm
... truth social parent trump media extending its gains from yesterday's public debut following the company's spac merger in a volatile session, the stock jumped by as much as 59% before closing up 16%. i think it was yardeni last night who said, you have to love ...
CNBC: Squawk on the Street
3/26/2024 2:54pm
... so, the structure -- it's a miss alignment of interest. i wonder if it's more of a vote in trump than spacs. that's why i'm not willing to say there's a sudden resurgence of spac, you're right. any hints on where it might ...
CNBC: Squawk on the Street
3/26/2024 2:54pm
... gensler stepped in to stop that. the other big problem is the deal structure doesn't make a lot of sense i'm a famous oil executive i want to float a spac what are we going to do? i don't know but i'm a famous oil executive, trust me. you had the buy-in this guy was ...
CNBC: Squawk on the Street
3/26/2024 2:53pm
... propose stricter rules governing forward-looking statements and accounting disclosures that scared the lawyers and accountants and spac issuance dropped dramatically after that. the question here, wilf, is this some kind of spac resurgence i think this may be a little ...
CNBC: Squawk on the Street
3/26/2024 2:52pm
... only $2.8 billion last year. three things led to this collapse of the spac business. one was the very poor after-market performance of spacs. russell investments noted the performance of companies taken public through spac mergers fell 45% in 2021 and 75% in 2022. ...
CNBC: Squawk on the Street
3/26/2024 2:52pm
... long, slow decline of the spac business it started getting big in 2020 but it really exploded in 2021 with $162 billion. that's gross public proceeds before collapsing. look at that around $13 billion in 2022 and ...
CNBC: Squawk on the Street
3/26/2024 2:52pm
... again, that's before trading under current rules trump is barred from selling shares for six months or borrowing cash against him. it is not clear if the board will make any special provisions to get around that today's spac is a very big one, but it is a reminder of the ...
CNBC: Squawk on the Street
3/26/2024 2:51pm
... trade under ticker djt and shares surging let's get more with bob pisani talk us through the action early days it's not clear if this is a resurgence of the spac market ...
FOX Business: Mornings With Maria Bartiromo
3/26/2024 12:26pm
... return in first three months of the year so it is a prime condition, to come to market with a listing like this kind of spac opportunity. maria: no wonder up 25% right now sitting level 6240 i want your take on broader market ...
CNBC: Squawk Box Europe
3/26/2024 8:17am
... linked to the door which is wide open, but can close very fast. i think the fact that the truth social spac is coming to market ...
Bloomberg: Bloomberg Daybreak Europe
3/26/2024 6:48am
... he's got that lock up for six month on the spac, where are we in terms of his financial affairs, is he in the clear of this? is not in the clear because this is just one of many in the last 24 hours, his criminal trial date was set for april 15, ...
Bloomberg: Bloomberg Daybreak Europe
3/26/2024 6:48am
... this was trump mediate technology group that has been in the spac process since 2021. the ipo frenzy that we had. the trump group got in on it, but it hadn't completed until yesterday in the 11th hour. what that does to his fortune is not only make it easier to pay ...
Bloomberg: Bloomberg Daybreak Europe
3/26/2024 6:47am
... they came in and said, we don't need you to pay the $454 million, you can only pay hundred 75 million, which some would call a discount. you talk about the major payment that worked in his favor. at the exact same time you had his spac or trichet. ...
FOX Business: Mornings With Maria Bartiromo
3/25/2024 10:52am
... former president trump. truth social received approval to merge with the spac and could start trading as soon as this week. it will list under the ticker djt or donald trump's initials ...
FOX Business: Barrons Roundtable
3/24/2024 2:32pm
... 101 times sales -- 10 times sales. jon and truth social as a well. there's a spac that's sort of the i equivalent of aen ipo. donald trump's company's to going to day butte as trump media on monday, and the market value based on where this spac ...
FOX Business: Barrons Roundtable
3/24/2024 1:32pm
... sales. jon and truth social as a well. there's a spac that's sort of the i equivalent of aen ipo. donald trump's company's to going to day butte as trump media on monday, and the market value based on where this spac was trading on friday is around ...
FOX Business: Barrons Roundtable
3/23/2024 2:32pm
... 101 times sales -- 10 times sales. jon and truth social as a well. there's a spac that's sort of the i equivalent of aen ipo. donald trump's company's to going to day butte as trump media on monday, and the market value based on where this spac ...
FOX Business: Barrons Roundtable
3/23/2024 1:32pm
... sales. jon and truth social as a well. there's a spac that's sort of the i equivalent of aen ipo. donald trump's company's to going to day butte as trump media on monday, and the market value based on where this spac was trading on friday is around ...
FOX Business: Barrons Roundtable
3/22/2024 11:32pm
... value based on where this spac was trading on friday is around $5 billion. that's a very high valuation given the fact the company generated about $3 million in revenues in its first nine month if last year and no profits. ...
FOX Business: Barrons Roundtable
3/22/2024 11:32pm
... 101 times sales -- 10 times sales. jon and truth social as a well. there's a spac that's sort of the i equivalent of aen ipo. donald trump's company's to going to day butte as trump media on monday, and the market ...
FOX Business: Kudlow
3/22/2024 8:18pm
... fact is this fortuitously, the blank check spac investment company is going to come through. they issued the stock today, i believe. truth social is doing very well. larry: so however well it's doing, the stock is doing great. people are rallying to his cause ...
Bloomberg: Bloomberg Technology
3/22/2024 3:37pm
... going public. not all of them do ipos. some of them do spac's. donald trump's startup having voted today on whether digital world acquisition can proceed ...
CNBC: Squawk on the Street
3/22/2024 1:45pm
... i think you brought to the fore the problem, writ large, of spacs. i remember you did the same thing with lucid. this one is far worse. this is one where it is political that the stock is up here, the faithful, obviously, want it up here, but david, this ...
CNBC: Squawk on the Street
3/22/2024 1:44pm
... market. and i tried to explain that to people. sometimes we may need to go back, because people may have forgotten how spacs work. the sponsor shares, the new shares that come in, trump media and technology group is going to ...
CNBC: Squawk on the Street
3/22/2024 1:43pm
... it. spac goes away. you get your ten bucks back. so, yeah, they're going to approve it at 44 bucks, aren't they? and as i pointed out next week, more importantly, the de-spac occurs. the additional shares hit the ...
CNBC: Squawk on the Street
3/22/2024 1:43pm
... calmed ef hutton, and then it was mired in regulatory uncertainty for a very long time as it did not get the review from the sec, in part because there were a lot of questions about the previous management there having already spoken prior to actually listing and issuing the shares of the spac ...
CNBC: Squawk on the Street
3/22/2024 1:43pm
... we warned people for so long during that '21 period, when spacs were all the rage. digital world acquisition corp. has been out there for a cellular very long time. it was underwritten by a firm ...
CNBC: Squawk on the Street
3/22/2024 1:42pm
... jim, i want to go back to spac land, which i visited yesterday for the first time in a while, and you know why, of course, talking about digital world acquisition corp. ...
FOX Business: Making Money With Charles Payne
3/21/2024 6:54pm
... including the fact that the public has been getting ripped off royalty by overhyped and overpriced offerings. and, listen, don't even get me started on these spacs. today we have reddit and another stock that have begun trading, ...
CNBC: Squawk on the Street
3/21/2024 1:45pm
... it basically says, if in any 20-day period following the de-spac, which will happen next week, by the way, that's when we're expecting it, any 20-day period, the stock stays above $17.50, there are various numbers along the way here, but ...
CNBC: Squawk on the Street
3/21/2024 1:44pm
... next week, we're going to have a de-spac of a company that is starting to once again get a bit of attention, and that is digital world acquisition corp. dwac. dwac? oh, you're on that. i'm not home. i have been on it for some ...
CNBC: Squawk on the Street
3/21/2024 1:30pm
... technology. celebrating its listing via spac. they priced at $34. company could raise as much as $748 million at the top end of that range, which is $34. roughly 22 million shares. of course, first social media ...
CNBC: The Exchange
3/14/2024 5:41pm
... the business tell you right now? they were part of a spac, as i recall. they had a lot of debt. walk us through some of the fundamentals. ...
Bloomberg: Bloomberg Markets
3/14/2024 2:08pm
... highflying spac's that went public via the special acquisition company during the pandemic and the share price has fallen almost 100% since then. sonali: for scare shares now down about 50%, the most ever and at the lowest ever as well. ...
CNBC: Power Lunch
3/12/2024 6:47pm
... big supporters of nuclear power and talk that altman could take it public through his spac. look out for that as well. and waiting some of the more novel ai applications being discussed here at south by southwest this week. one example i have to bring up ...
CNBC: Squawk on the Street
3/12/2024 1:44pm
... of course digital world acquisition corp. that is the spac that is going to very soon de-spac with the accusation that is planned of trump media which includes truth social. i know people may have a hard time sort of working through the ...
CNBC: Fast Money Halftime Report
3/11/2024 4:09pm
... self-correct without falling apart. spacs corrected, nfts corrected. all this other nonsense self-corrected so maybe you have the momentum names ahead of themselves. but you have the rotation. money coming out of nvidia maybe ...
FOX Business: Mornings With Maria Bartiromo
3/11/2024 11:15am
... base's performance after its ipo, you look at what happened with wework when it came out as a spac ipo. there's been issues. maria, it is good to see there's risk appetite, it is good to see. when an ipo comes out, it is a ...
CNBC: Squawk Box Europe
3/11/2024 8:11am
... single country. one thing you have dealt with at ubs for 15 years, you have heard people on board with spacs or cloud or 5g, but few ...
CNBC: Squawk on the Street
3/6/2024 2:42pm
... spac between nikesh and george has legs because it's continuing on twitter and it's going to get nasty by the time it's done. i'm going to get over there and -- might be electric short - we have a new statement from microsoft regarding this piece ...
CNBC: Squawk on the Street
3/6/2024 2:30pm
... atlas clear celebrating its listing via spac at the nasdaq the 15% pledge calling on companies to dedicate 15% of purchasing power to black-owned brands. that's great. i didn't get to finish abercrombie, that was down 4, ...
CNBC: Squawk on the Street
3/4/2024 2:11pm
... that will be great when the end is here. we'll own that. maybe that will end the spacs. the spacs -- that's what it took. there's a lot of news on apple today, down in the premarket. the eu does fine the company nearly $2 billion, alleging it ...
Bloomberg: Bloomberg Technology
3/1/2024 4:41pm
... miles away from its ev spac euphoria. let's bring in vcu, henrik fisker. we are grateful for you coming ...
CNBC: Squawk on the Street
3/1/2024 2:32pm
... hurt people. the odds do not favor buying spac. your buddy, that's a success. you and my wife. last night. attacking me. it's not -- no. just saying. _ ...
CNBC: Squawk on the Street
3/1/2024 2:31pm
... dave cody with vertiv. you're going way back. i'm saying there's only two spacs. i could name maybe three. draftkings, vertiv, and -- i'll come up with it. oh, really? ...
CNBC: Squawk on the Street
3/1/2024 2:31pm
... listen, i have no -- i wanted to go public the traditional way, but i have no certainty. spac gives me certainty. $7 billion deal? yeah, $7 billion deal. no certainty? that's kind of odd. we're not seeing a lot of ipos for whatever reason. ...
CNBC: Squawk on the Street
3/1/2024 2:30pm
... celebrating a listing via spac. they're still doing the spac thing. yes. time, i guess, to make it so that people -- they're still doing them. it's ill advised, we know. you know what the problem is? we have this ceo on yesterday, sara and i, and he was, like, ...
CNBC: Squawk on the Street
2/29/2024 4:00pm
... ceo coming up this hour. later, are spacs back? webull thinks so ...
CNBC: Squawk on the Street
2/29/2024 3:51pm
... ozempic revolution'. webull announcing plans to go public in a $10 million spac deal their ceo joins us to discuss the news next hour on 'money movers.' we also have the ceo of octa, ...
CNBC: Squawk on the Street
2/28/2024 2:30pm
... dramatically in part because of what appears to be a slowing growth. correct. of the sales of evs, although people argue about that. they do a spac now. that would be something that i am sure there will be some people who want to buy. i don't find myself interested ...
CNBC: Fast Money
2/27/2024 10:05pm
... that outperformed on a day that the s&p was basically unchanged. i have a whole page of broken spac deals -- oh. they're all raging today. this is not really bullish activity in my opinion, when i ...
Bloomberg: Bloomberg Daybreak Europe
2/27/2024 6:42am
... ask commissioner, just dig into that a little bit. when we talk about progress, because you have been a bit critical about the u.s. and china and that geopolitical spac having an impact more broadly on trade, what does progress in look like at the end of this ...
CNBC: Squawk on the Street
2/26/2024 2:40pm
... that's not happened. i've been waiting for a lot of phony companies that the street will praise. those haven't happened. like the spac revolution, what a bogus thing that was. that hasn't happened. you've got all these private ...