The fintech company's shares are soaring after it cleared the final regulatory hurdle to become a bank.
Virgin Galactic says it believes in "fundamental human rights" after Chairman Chamath Palihapitiya said "nobody cares" about China's Uyghur genocide.
Markets are digesting the Fed's plans to hike rates, but have probably 'puked out' the worst of it, Chamath Palihapitiya said.
Palihapitiya cited Amazon's decision to ban Visa credit cards in the UK due to high transaction fees as one reason for his view.
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billionaire investor Chamath Palihapitiya's SPAC mergers.
Venture capital investor Chamath Palihapitiya has noted that both Elon Musk and Jeff Bezos have taken money off the table in recent weeks.
Billionaire investor Chamath Palihapitiya said Rivian had "done a very smart path to market" by booking in pre-orders from Amazon.
The billionaire was reluctant to reiterate his previous bitcoin price prediction, saying it's hard to do so.
The senators said industry insiders can "take advantage of ordinary investors" such as making "overly optimistic statements about target companies."
"These proceedings arise out of breaches of fiduciary duty in connection with its April 2019 investment," the SEC said.
The Medicare Advantage provider's 2Q revenue more than doubled to $412.5 million
Clover Health jumped in June when it gained meme-stock status. But JPMorgan analysts think it will still be at $9 by December 2022.
Retail traders are bullish on the stock because of a high short interest and the end of the lockup period.
The company acknowledged it may be the target of a short squeeze and warned traders of potential losses when investing in the stock.
The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online brokerage.
Clean Energy Fuels and ContextLogic jumped more than 30% in early trading, while Wendy's stock pulled back from its Tuesday rally.
'SPAC King' Chamath Palihapitiya's Clover Health is currently the most heavily discussed stock among the traders on Reddit's WallStreetBets forum.
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