If riding a bucking bronco is your idea of fun, youβre going to love what the stock market has in store. Consider this past weekβs ride a preview.The weekβs action didnβt look like much, if you didnβt know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
Telegram Be The Next Best SPAC
I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. Iβm waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegramβs pre-initial coin offering (ICO) tokens. βIf Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,β he says.
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