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Webull to Go Public via SPAC Merger
In a strategic move to go public, digital brokerage platform Webull has sealed a deal to merge with a special-purpose acquisition company (SPAC). This merger marks a significant milestone in Webull’s journey, positioning the company for continued growth and market leadership in the digital brokerage space. Read more
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Chinese Regulators Crack Down on High-Frequency Trading
Chinese regulators continue their crackdown on high-frequency trading in efforts to stabilize equity markets, recently taking disciplinary action against another firm. The China Financial Futures Exchange announced that Shanghai Weiwan Fund Management utilized high-frequency trading in stock futures to bypass trading limits, resulting in profits of 8.9 million yuan ($1.2 million). Consequently, the profits were Read more
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Unlocking Value in United Airlines: A Bullish Outlook Amidst Unfavorable Sentiment
United Airlines Holdings, Inc. (NASDAQ:UAL) has emerged as a resilient profit generator, showcasing robust earnings and cash flows even before the pandemic hit. Despite the challenges faced by the airline industry, United Airlines stands out with its strong fundamentals and optimistic future outlook. This analysis delves into the company’s undervalued status, emphasizing its potential for Read more