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Archive
The Big SPAC Pullout
Markets were down bad once again, banks are pulling back on SPAC work, TerraUSD ($UST) lost its dollar peg for the second time in three days, Rivian shares fell 20% on news of Ford selling, Match Group sued Google, Democrats are weighing a bigger Ukraine aid package, and Grindr is going public through a SPAC.

Downsized Economy
Tech stocks had rough earnings yesterday, investors were lovin' McDonald's results, the US economy shrank, Biden wants more money for Ukraine, Twitter canceled its earnings call, the FDA advanced its ban on menthol cigarettes, and Robinhood's stock price keeps on dropping.

Seize The Memes of Production
Yesterday was wild, to say the least. Elon Musk is acquiring Twitter, NFT holders lost millions after the BAYC Instagram got hacked, DeSantis signed the bill to strip Disney of self-governing status, GM's Corvette is going electric, and Trump has no plans to return to Twitter.
