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Yahoo BusinessOct 24, 2021
Dow Jones Rallies; Tesla Stock Passes Buy Point; Donald Trump SPAC Explodes, Gains 846%


Entrepreneur.comOct 23, 2021
Dow Hits New Record as Stocks Rise for Third Straight Week
Dow Hits New Record as Stocks Rise for Third Straight Week

MarketWatchOct 23, 2021
NewsWatch: Big Tech stocks are the market's superstars but rising rates could bring them down
Mega-cap stocks struggle when borrowing costs rise.

MarketWatch MarketPulseOct 22, 2021
Phunware stock surges over 1,000% early Friday as a Trump-linked SPAC heads for a 1,345% weekly gain
Shares of Phunware Inc. surged more than 1,000% early Friday, as a special-purpose acquisition company, or SPAC, called Digital World Acquisition Corp. , was revealed to be merging with an entity called Trump Media & Technology Group. Austin-based Phunware is an advertising startup that has been associated with former President Donald Trump's 2020 presidential campaign, and appeared to be getting a lift from the DWAC SPAC deal, which apparently represents the former president's latest attempt to launch a social-media platform. Meanwhile, shares of DWAC were up 190% on Friday, contributing to a 1,345% weekly gain for the entity. Trump announced that he expects to upend Silicon Valley via a new app called TRUTH Social, which will be a property of the newly formed social-media company Trump Media & Technology Group. Digital World closed up 356.8% on Thursday, marking the best first day of trading ever by a SPAC, according to Dow Jones Market Data. Meanwhile, Phunware's market value is just $116 million, FactSet data show, even with the surge in its stock on Friday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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