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All Posts Term: Technology
145 post(s) found

Factors that Affect Shopify Stock today

Factors that Affect Shopify Stock today

ShopifyStock

Shopify Stock is on the decline today. With no sign of slowing down, it's a worrisome time for investors. If you're considering buying stock in Shopify, you might have some questions. Wondering what factors affect Shopify stocks? What are the latest news stories about Shopify? Here are five factors that affect Shopify stock today.

Shopify Customers

Shopify is one of the largest e-commerce platforms available in the market, with more than 500,000 merchants using it to run their businesses. This customer base is attractive for investors. It means Shopify will continue to grow in size and revenue, with each customer bringing in more revenue through commissions or transactions on the site. Customers are vital to the success of any business, and Shopify has plenty of them with no sign of slowing down.

Shopify Competitors

Shopify has a lot of competitors. The main ones are Amazon, Bigcommerce, Wix, Squarespace, and Weebly. With all of these companies fighting for the same space, Shopify stock is bound to be affected. As more people start using Shopify for e-commerce sites, the less likely they will create their site. Investors are likely worried about how this will affect Shopify stocks in the future.

Shopify Partnerships

Shopify has had a lot of success with partnerships in the past. It partnered with Apple, Facebook, and Amazon on new products. Shopify also partnered with IBM to create enterprise-level services for its clients. Shopify has partnered with two of the most notable companies globally, Walmart and Amazon. Shopify's partnership with Amazon allows any company to create an online store using the same technology that powers Amazon.com. This is a major step for Shopify as it will allow them to access new customers who are not currently using their platform.

Services

Shopify provides several services that can affect Shopify stocks today. The company's services include hosting, domain name service, and e-commerce solutions. Shopify can provide an all-in-one solution to entrepreneurs looking to start their shop online with these services. These services are in high demand today because of the rise in e-commerce. Analysts believe that Shopify's growth is due to its ability to provide solutions for many different businesses. This gives it a competitive edge over companies like Amazon and eBay only provide one service or product.

New Features

Shopify has been busy improving its platform with new features. The latest update is Shopify POS, a new credit card reader that will make it easier to conduct business in person. They've also announced a new checkout process called "Checkout with Facebook," allowing customers to sign up using their Facebook account. This is an exciting time for Shopify stockholders, as these updates are likely to increase the value of stocks.

SPAC: The Tiger Woods-Backed Company You Should Know

SPAC: The Tiger Woods-Backed Company You Should Know

Sports & Health Tech Acquisition Corp

Sports & Health Tech Acquisition Corp (the company), Tiger Woods-Backed SPAC (Special Purpose Acquisition Company), is one of the newest players in the sports data and analytics industry. Tiger Woods first invested in the company back in 2015 when he was still a professional golfer.

Agent Mark Steinberg

Tiger's former agent Mark Steinberg has been instrumental to Tiger's success as an athlete, so it only makes sense that Tiger would want to invest with him again as his advisor. In this article, we'll be discussing 3 main points: what Tiger Woods-Backed SPAC does, how they work with athletes and teams, and why you should know them.

Sports Performance and Analytics Company

What does it do? The company is a sports performance and analytics company. They use data to help athletes and teams improve their performance. Tiger Woods has been quoted as saying, "I have always been fascinated by the application of technology and analytics in sport."

How do they work with athletes? The company works with athletes to help them analyze their performance data. This includes tracking things like shot dispersion, club head speed, and putting strokes. They also look at team stats like offensive efficiency and defensive rebounds.

Why should you know them? Tiger Woods-backed SPAC is one of the newest players in the sports data and analytics industry. They are working with some of the best athletes in the world to improve their performance. And, Tiger Woods is one of the investors in the company.

What's next? The company is working on a number of new projects that will be announced in the coming months. Keep an eye out for their upcoming announcements!

In Tiger Woods' own words, "I have always been fascinated by the application of technology and analytics in sport." That's why it should come as no surprise that Tiger Woods has invested in the SPAC -- a sports data and analytics company.

Tiger Woods-Backed SPAC works with athletes to help them analyze their performance data. This includes tracking things like shot dispersion, club head speed, and putting strokes. They also look at things like weather and course conditions to give athletes an edge.

Sports & Health Tech Acquisition Corp Partnerships

The company has already announced a few new projects that they are working on. They are partnering with the PGA Tour to create a new ShotLink product. This will help players analyze their performance data in even more detail.

The company is also partnering with Microsoft to develop a new cloud platform for sports data analytics. This will make it easier for athletes and coaches to access and use performance data.

Keep an eye out for Tiger Woods-Backed SPAC's upcoming announcements! They are sure to shake up the sports data industry. The company is shaking up the sports data industry, with innovative products and partnerships galore.

Triller Reverse Merger: An Exciting Venture

Triller Reverse Merger: An Exciting Venture

Triller Reverse Merger

When there was talk of inroads towards a reverse merger between Triller and SeaChange International, a lot of people didn't realize what was actually taking place. Much of the cynicism and confusion of major shareholders was largely around what exactly a reverse merger is, and the consequences which would follow from such a drastic move. So when a private company like Triller finally mergers with it's counterpart -a publicly owned enterprise- in a deal that is earmarked for the first quarter of 2022, this will have the effect of the former being listed on the NASDAQ stock exchange, a move that is set to increase it's market dominance. The creation of the combined entity now aptly known as TrillerVerz Corp has it's primary focus being the broadening of its marketing and advertising abilities by venturing into satellite, cable and OTT media in a bid to break into the Gen Z market.

Diversification As A Driver For Long-term Growth

The primary driver behind the merger is to build and consolidate the creators industry by mainly focusing on monetization and distribution of engaging and stimulating content. The advent of TikTok's almost meteoric rise is what inspired the merger, as the younger generation has completely distanced itself from mainstream music and film companies, to create their own opportunities for making their diverse talents known by the greater world community. So when all is said and done, the Triller reverse merger is set to reinvent the impetus behind universal stardom. For what its worth, Triller aired a virtual hip hop competition sponsored by world renowned Pepsi, which was advertising its novel wild cherry flavored cola.

All You Need To Know About Rumble SPAC

All You Need To Know About Rumble SPAC

Rumble

Rumble is a Canadian company that was formed in 2013 and operates as an online video tube. The founder of the Rumble platform is Chris Pavlovski. The company has been growing rapidly with an ever increasing monthly user count. In July 2020, Rumble had a monthly user count of 1.6 million. In the first quarter of 2021, however, the number of monthly users stood at 31.9 million. Recently, rumors have been doing the rounds regarding the future of Rumble Inc. It has now been confirmed that the company is going public via an SPAC deal. Rumble Inc is merging with a special acquisition company known as CF Acquisition Corp IV.

How Much is the Rumble SPAC Deal Worth?

The Rumble SPAC and CF Acquisition deal is estimated to be worth $2.1 billion. In this merger transaction, Rumble is expected to make about $400 million. This comprises $300 million liquid cash held by CF Acquisition and $100 million from PIPE fundraising. Pipe is short for Private Investment in public Equity. In this lucrative deal, the founder of Rumble Inc is expected to retain voting rights, which means he will have a say on the direction the company is going to take after the merger.

What Does Rumble Offer?

Rumble is an online video service that mainly offers online video hosting services. It is incredibly popular with conservatives. This is where the Trump connection comes in. The former US president loves Rumble and his followers are not any different. That is why stock prices of CF Acquisition IV increased by double digits when the partnership between Truth Social and Rumble Inc was announced.

In this partnership deal, Truth Social is going to use the Rumble video hosting service as its default platform for distribution. This means that any video that's uploaded onto Truth Social or streamed live on Truth Social will use Rumble. It's a big deal, and that explains all the excitement in the stock market.

Guerrilla RF Reverse Merger

Guerrilla RF Reverse Merger

GRF-logo@2x

Guerrilla RF conducted a reverse merger with Laffin Acquisition Corp, a public Delaware firm, and became a Laffin subsidiary.
Following the transaction, Laffin renamed itself 'Guerrilla RF Inc,' and will continue to operate as Guerrilla RF did previously.

What does Guerrilla RF Produce

Guerrilla RF supplies wireless OEMs with high-performance monolithic microwave integrated circuits (MMICs) for a variety of applications, including 5G/4G macro and small cell base stations, cellular repeaters/DAS, automobile telematics, and machine-to-machine (M2M) systems.

Guerrilla RF’s MMICs enable its customers to increase the capacity of their networks with superior spectral efficiency and improved reliability. These MMICs are used in cellular base stations for both current 4G/LTE networks, as well as for 5G macro and small cell applications around the globe. This is accomplished through Guerrilla’s patented Sigma-Sigma modulation technology and high linearity architecture.

Guerrilla’s solutions also support all mobile broadband standards, including: 2G, 3G, 4G and most importantly, 5G.

Why a Reverse Merger

In a reverse merger, a private company merges with a publicly traded shell company. In so doing, the private company acquires a publicly traded stock with a liquid trading price. The key advantages of a reverse merger over an IPO are: lower cost, greater speed, and potentially larger share price increase resulting from a better performing public shell company. A shareholder of the private company continues to control the resulting public company.

A reverse merger has similarities to an initial purchase offering (IPO) (in the sense that some securities exchanges allow some companies to be listed on an exchange through an APO) and to a forward merger (in the sense that the resulting company is publicly traded).

Who much was raised in the Guerrilla RF public transaction

Guerrilla RF has secured more than $7 million through a private placement offering and a reverse merger transaction.

Following the issuance of the first tranche of securities in May, Guerrilla RF closed on an additional $6.5 million through the issuance of convertible notes payable. During the same time, the company completed its reverse merger transaction with Guerrilla Acquisition Corp., which resulted in the creation of public company Guerrilla RF, Inc.

How is the semiconductor market in 2021

Right today, the semiconductor market is quite strong.

In the semiconductor business, there are well-publicized supply chain issues, but we expect those challenges to be minimized and, hopefully, overcome by 2022.

There are several major factors that make our current market conditions conducive for investing in this sector. First, the industry is transitioning from NAND to 3D NAND, which has increased investment in capital expenditures for semiconductor manufacturers. Second, the recent increase in the amount of DRAM production capacity has not created a surplus in DRAM products on the open market. Third, China is increasing their semiconductor manufacturing capacities through advanced manufacturing facilities. The influx of global manufacturing capacity has lowered prices of memory semiconductors. Prices are expected to remain low for memory semiconductors through at least 2022 due to continued increases in supply chain capacity.

All You Need To Know About The Trump SPAC

All You Need To Know About The Trump SPAC

TruthSocial

There is no doubt that former president Donald J. Trump is a real estate mogul. He is a multi billionaire with many real estate holdings around the world, key among them being the iconic Trump Tower in New York. After vacating the office of the POTUS, not much has been heard from Trump except reposting of his press releases. Recently, however, major media outlets around the world have been flooded with stories and interviews about the Trump SPAC. This is one of Trump's major successes and is bound to make him a lot of money. Read further to learn more about the company.

Trump SPAC Explained

A special acquisition company (SPAC) is a type of blank check company, more closely related to an exchange traded fund than it is to a traditional company. A blank check company contains several types of securities that can be structured to fit the investment goals of the shareholders. One of these types of securities is called an "unit". A unit can be viewed as similar to a share of stock, except that instead of giving you ownership in an actual company, it gives you limited rights to certain assets of the company. These rights are limited because they are usually restricted to receiving proceeds from certain sale transactions of the company.

The Trump SPAC was created with the intent to use the proceeds from the sale of units to buy up portions of other companies by buying large numbers of their shares on the market. The Trump SPAC will also use the proceeds from sale of units on other transactions like acquisitions or paying down debt.

Trumps new venture is a special acquisition company known as Digital World Acquisition Corp. The SPAC trades under the ticker - DWAC - on Nasdaq and other major exchanges. All the frenzy about the Trump SPAC emanates from the recent announcement of DWAC acquisition of TMTG. After the announcement the company stock grew by more than 800% in the first two days of the announcement. So far, the stock has grown by over 1,000% and has been compared to the AMC and GameStop stock by Reddit's WallStreetBets. It is interesting to note that it's not just DWAC stock that is rising fast at the moment. Phunware, a software startup massively involved in the Trump campaign also saw a rapid rise in stock prices due to the Trump effect.

How He is Backing the SPAC

Trump has gone public to dismiss major social media companies for banning him, noting that while the Taliban thrives on social media, major companies have banned him from their platforms. His goal was to acquire TRUTH social, a social media giant that can take on big tech. Going public with his statements is what attracted tech investors and his followers and convinced them to purchase this meme stock. DWAC announced that it would be acquiring the Trump Media & Technology Group popular for its Miss Universe Pageant rights.

In a press conference at the White House Rose Garden, Donald Trump stated that this issue is a matter of life and death. “You would think a company like Facebook would understand the seriousness of a threat like ISIS. The fact remains that Facebook banned me from their platform.”

“I have been calling for a major investigation into these companies that have been silencing so many voices,” Trump said. “They are controlling what we can and cannot see. It’s a dangerous thing when they are controlling your information.

All That You Need To Know About Sphere 3D Reverse Merger

All That You Need To Know About Sphere 3D Reverse Merger

Sphere 3D Reverse Merger

A Canadian company named Sphere 3D signed a deal with Gryphon Digital Mining in a reverse merger. The ultimate end of the deal is to transform Sphere 3D into a fully recognized Bitcoin entity. Since the merger, Sphere 3D has been able to raise about $192 million to buy 60,00 servers. The result of this is that Gryphon is expecting to become a prominent investor in the Bitcoin world.

What will be the market cap of the company after the merger?

Although reverse mergers have their advantages, the truth is that they, too, have their downplays. Nonetheless, the advantages of the merger always overwhelm the disadvantages. When companies go for reverse mergers, they expect fewer risks, enjoy a public company's benefits, and less dependence on the market conditions.

In addition to enjoying all the benefits associated with a reverse merger, Sphere 3D stands a better chance to make huge profits, and the same applies to Gryphon. Buying more Bitcoin miners means making more money and hence the growth of the company.

What is the primary service the company offers?

If it is your first time hearing about Sphere 3D, then one of the questions you are likely to ask yourself is what the company's primary services are. The fact is that Sphere 3D is a company that specializes in offering a wide range of solutions to companies that want to offer agility and flexibility to the end-user.

Interestingly, the company offers verticals in the financial sector, healthcare, education, and government sectors. For instance, in the healthcare industry, they deliver virtualization technology to make the management of the healthcare system effective and reliable.

Is the stock something you would purchase?

When it comes to putting your money in any investment, you need to warrant that you will get your money back in the long run. That is why it is prudent to do some due diligence to ensure that you are making the right choice.
If you are looking for a crypto mining venture that will not disappoint, you need to understand that Sphere 3D is one of the solid stocks to build your crypto mining portfolio. Further, the reverse merger seems to be making things better for those who are interested in cryptocurrency---the company projects to become a carbon-neutral leader in the Bitcoin market and related fields.

Richard Branson Announces Virgin Orbit Reverse Merger

Richard Branson Announces Virgin Orbit Reverse Merger

VirginOrbit

Richard Branson's Virgin Orbit has agreed to go public through a special purpose acquisition company (or SPAC) called NextGen Acquisition Corp II. The deal is expected to provide the company with $483 million in cash proceeds with investors, that include Boeing Co and AE Industrial partners, committing $100 million through a private investment equity placement. The deal will result in a value of $3.2 billion for the satellite launching company and will support its capital reserves until its operations begin to produce stable revenue streams which is expected to occur by 2023.

Virgin Orbit Stock

The merger is expected to close by the end of the year and will trade on the NASDAQ under the ticker name of VORB, with the company, launched in 2017, keeping its Virgin Orbit name. It follows another Branson company, Virgin Galactic Holdings Inc, which offers flights to space, going public through a SPAC deal in 2019. He recently took a flight with 5 employees of Virgin Galactic to promote the service which costs $450,000 for a seat on the flight. Branson said that the success of that deal encouraged him to make the current move and went on to say that this method of going public was less time-consuming and more efficient than going through a traditional public stock offering.

The satellite launch sector is experiencing significant growth as companies, including the Elon Musk backed Space Exploration Technologies Corp, compete to lower the cost of these missions partly by re-using launch rockets. Virgin Orbit is unique in that it uses a Boeing 747 to launch its rockets at an altitude of 35,000 feet. CEO Dan Hart has stated that the company has $300 million of contracts in the pipeline for its services with 18 launches expected to be completed in 2023 with this figure increasing subsequently. Boeing, for its part, announced its confidence in the satellite launch market and in Virgin Orbit as a provider.

SPACs

The deal demonstrates the continuing popularity of using SPACs, or blank-check companies as they are known, to go public rather than going the IPO route, with such companies raising over $129 globally in 2021 up from what was already a record $84 billion last year. In fact these types of transactions are increasingly being used to fund space ventures with Rocket Lab USA, another satellite launch company, also seeking to close a similar deal this week.

Self-Driving Startup Aurora To Go Public In Reverse Merger

Self-Driving Startup Aurora To Go Public In Reverse Merger

AuroraTrucks

Self-driving technology startup Aurora announced that it will go public through a reverse merger transaction with Reinvent Technology Partners Y (Reinvent), a special purpose acquisition company (SPAC), that will provide the company with a cash injection to help continue its development of autonomous truck driving technology and, in the future, for self-driving passenger vehicles as well.

What is a Reverse Merger?

Reverse mergers, and the SPACs that enable them, have become a somewhat controversial method for companies to go public without having to otherwise meet the strict requirements for listing. Going public is not usually an option for companies such as Aurora that do not have a profitable business model in place (and that have not, in fact, made any profits). In addition, this move comes at a time when the overall self-driving car industry is struggling with failed deadlines, still unreliable technology, high cash burn rates, a loss of public trust and the failure of many similar companies. The move to invest more money into self-driving startups either indicates confidence in a forthcoming technological breakthrough or a desperate attempt to keep companies afloat until this major challenge to artificial intelligence applications is overcome, analysts have opined.

Aurora Founders

The Aurora SPAC funded by Reinvent will result in an injection of more than $2 billion into Aurora so that it can continue its (expensive and unprofitable to date) operations for several more years. Reinvent was launched by Reid Hoffman (the co-founder of LinkedIn), Mark Pincus (Zynga founder) and investor Michael Thompson. Other investors include various other Aurora funders as well as other partners including T. Rowe Price and Associates, Sequoia Capital, Uber, Index Ventures, PACCAR and Volvo, among others.

Aurora’s Products and Competitors

If Aurora's plan is successful investors are likely to see huge returns for their backing but the road ahead is risky and uncertain according to industry analysts. The move to focus on self-driving trucks makes sense from a business perspective but other moves, such as autonomous ride-hailing, have been found to be much more difficult to implement with both Uber and Lyft abandoning their efforts. If Aurora manages to deliver its self-driving truck technology it will give it access to a huge and profitable market the income from which could fund their continued research and development to reach their ultimate goal. This is necessary to overcome the accelerating losses the company has experienced with losses of over $214 million in 2020 and $94 million in 2021.

Jam City Inc Reverse Merger

The developer of popular mobile games Cookie Jam and Disney Pop Town, Jam City Inc. has announced to undergo a reverse merger with DPCM Inc. (Miami). Both have decided to use the money gained by the merger to start a new public gaming company named as Jam City Holdings Inc. The combined evaluation of both the companies would be $1.2 billion.

Jam_City_Logo.svg

Jam City History

Jam City was founded in 2010 by Chris DeWolfe in Los Angeles California. The company operates from over nine studios in United States, Canada, South America, and Europe, with over 825 employees till now. The company's estimated revenue is $176.5 million per year. It has developed a series of mobile games out of which Cookie Jam, Cookie Jam Blast, Disney Emoji Blitz, Snoopy Pop and Frozen Adventures are on top list of game players. Apple App Store ranked 7 of its games in 100 highest-grossing charts. In 2021 over 1.3 million game downloads are reported with around 31 million active users.

The Cookie Jam game generated $500 million revenue and Panda Pop games got 120 million downloads.

DPCM Inc. is a newly organized blank check company that provides financial assets to implement new mergers. Emil Michael is the Chairman and Chief Executive of DPCM Inc. It raised around $300 million in October 2021 IPO.

What Is a Reverse Merger?

A reverse merger is a corporate transformation where a private company becomes public by undertaking the ownership of a public company.

As the Covid 19 breakdown has en-caged all population in their homes, mobile games got the most business throughout 2020 and 2021. DPCM Inc. decided to join hands with Jam City to create new milestones in gaming industry.

As announced on 20 May, Jam City and DPCM will undergo a reverse merger to establish a new game company Jam City Holdings Inc. Chris De Wolfe and Josh Yguado will lead the new company. The later would be listed in New York Stock Exchange under the symbol JAM.

65% shares of the new company would be owned by the stakeholders of Jam City. Netmarble Corp, a South Korean game developer, that is also an investor in Jam City will hold a portion of new company.

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