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Electric vehicle manufacturer Lightning eMotors Inc went publicvia SPAC and saw shares fall below $10 after the merger was completed.Here’s why shares are spiking past the $10 level Tuesday.What Happened:Lightning eMotors announceda multiyear deal with Forest River, a company owned by Berkshire Hathaway.The deal could be valued at up to $850 million with a total of 7,500 vehicles that could be delivered.The agreement will have Lightning eMotors build electric powertrains and provide charging pro

(Reuters) -U.S. cryptocurrency exchange Coinbase Global, Inc. on Tuesday beat market estimates for s

Nvidia Corp.’s $40 billion proposed acquisition of U.K. semiconductor group Arm Ltd.got a boost after three of the world’s largest chipmakers expressed support for the controversial deal.Broadcom Corp.,MediaTek Inc.and Marvell Technology Group Ltd. are the first customers of the Cambridge, U.K.-based Arm to publicly support the takeover, which has raised concerns on national security grounds, the Sunday Times reported.The endorsement comes as the U.K. Competition and Markets Authority prepares t

June 25 (Reuters) - Bitcoin dipped 8.51% to $31,699.83 at 22:04 GMT on Friday, losing $2,937.27 from

June 16 - The three main Wall Street indexes all closed down on Wednesday, as U.S. Federal Reserve officials unnerved investors with indications that the central bank could begin rising interest rates in 2023, a year earlier than expected.New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. Officials also pledged to keep policy supportive for now to encourage an ongoing jobs recovery.The Fed cited an impr