Peter Thiel

The token of EOS (EOS), a decentralized applications, or DApp, centered platform aimed at developers, traded nearly 50% higher on Tuesday night. What Happened: EOS traded 48.43% higher at $13.82 at press time and is up 107.11% in a seven-day trailing period. See Also: How to Buy EOS (EOS) EOS...

Block. one — the firm that developed the software behind major cryptocurrency EOS (CRYPTO: EOS) — launched a decentralized cryptocurrency exchange (DEX) through its new dedicated subsidiary Bullish Global. What Happened: According to an announcement shared with Benzinga on Tuesday...

Indonesian travel unicorn Traveloka is in advanced talks for public listing via special purpose acquisition company (SPAC) merger with billionaires Richard Li and Peter Thiel sponsored Bridgetown Holdings Ltd (NASDAQ: BTWN) in a deal worth $5 billion, Bloomberg reports. The...

Peter Thiel made headlines with comments he made at a virtual event for members of the Richard Nixon Foundation on Wednesday. Thiel wondered if Bitcoin (CRYPTO: BTC) should be thought of as a "Chinese financial weapon" against the U.S. at this point, adding that...

Palantir (NYSE: PLTR) has been a name both loved and hated, bought and shorted, talked about and forgotten. The real question for investors here is, what will my returns look like one, five, or 10 years from now?  For the past month, profit-taking and shorting were the right move. It would be...

The four-day trading week saw no weakness in SPAC deal announcements or headlines, all of which we followed on Benzinga's SPACS Attack show. Here is a look back at the deals announced, some new SPACs to watch and top headlines. SPAC Deals: There were eight announced SPAC deals during the...

Palantir Technologies Inc (NYSE: PLTR) is emerging as the new darling of the Reddit investor forum r/WallStreetBets. What Happened: The comment volume on the Peter Thiel co-founded company stood at 2,535 as against 1,465 on GameStop Corp (NYSE: GME), according to SwaggyStocks, a website that...

BlackSky, a real-time geospatial intelligence, imagery and data analytics company, is going public via the SPAC Osprey Technology Acquisition Corp (NYSE: SFTW). The deal values BlackSky at an enterprise value of $1.1 billion. The expected proceeds of $450 million will fund BlackSky’s growth...

Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty. Insiders have been taking advantage of secondary and initial public offerings recently. Biotech companies are once again well represented on this list of notable insider share purchases...

Known for his early work with Facebook Inc (NASDAQ: FB) and Slack Technologies (NYSE: WORK), Chamath Palihapitiya has now become the so-called SPAC king with his numerous offerings under the Social Capital Hedosophia Holdings brand. He may be lesser known for his ownership of an NBA team. What...

PayPal Holdings Inc (NASDAQ: PYPL) became the first foreign company to be in complete control of its payment platform in China, Reuters reported Thursday (Shanghai time).  What Happened: The Elon Musk and Peter Thiel-founded fintech firm acquired the remaining 30% stake in China’s GoPay...

The $150 billion raised by IPOs in 2020 was the best since the dot-com boom era. Data from PricewaterhouseCoopers shows companies raised money through 183 traditional IPOs and over 240 SPACs in 2020. Here is a look at 10 companies expected to IPO in 2021.   Affirm: Fintech company Affirm (...

A SPAC launched in October by Peter Thiel and Richard Li is being linked to a merger with Indonesian e-commerce company Tokopedia. About the SPAC: Billionaires Thiel and Li launched Bridgetown Holdings (NASDAQ:BTWN) to target the southeast Asia region. Thiel is well-known as the...

Shoppers at the largest grocery chain in America can start earning Bitcoin for making their normal everyday purchases. Bitcoin prices have soared to the $16,000 level and some analysts think it could be headed to $20,000. What Happened: America’s largest grocery chain and second largest...