20 most-shorted SPACs - 36 stocks set to surge under Biden - Carlson Capital's tough 2 years

NYSE trading floor
A worker cleans the floor of the New York Stock Exchange (NYSE) as the building prepares to close indefinitely due to the coronavirus disease (COVID-19) outbreak in New York, U.S., March 20, 2020.

Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:

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These are the 20 most-shorted SPACs in the market right now as skeptics wager billions against the 'blank-check' revolution

Chamath Palihapitiya
Chamath Palihapitiya has backed bitcoin but expressed regret at a 2014 decision

SPACs have been the talk of 2021 on Wall Street, but they've had a tough March. We mapped out the 20 most-heavily shorted SPACs based on data from analytics firm S3 Partners.

Click here to read the entire story.


Truist execs map out the super-regional bank's tech transformation, from a hybrid-cloud approach to a new roboadvisor

pjimage

Regional banking giant BB&T acquired SunTrust in 2019 in a $28-billion all-stock deal to form Truist. Insider spoke to two top tech execs about their strategy for shaping the digital future of the bank. Here's what they said.


Carlson Capital's latest investor update shows the hedge fund has lost nearly $3 billion in assets and dozens of staffers over the last 2 years

Clint Carlson

Since 2019, Carlson Capital has seen its assets tumble from $7.7 billion to $4.8 billion, while 25 staffers have left the firm. We have an exclusive look at the hedge fund's losses.


Odd lots:

Buy these 36 stocks poised to surge this spring as Biden's stimulus roll-out pours into the economy, Jefferies says (Insider)

JPMorgan Jumps Into Greensill Fray, Hindering Apollo Talks (WSJ)

Citi Blocks Firms With Errant Revlon Payout From Debt Deals (Bloomberg)

Despite GameStop's stock boom, the company is still struggling - take a look inside Ryan Cohen's ambitious plan to 'transform' the retailer into the Amazon of gaming (Insider)

Roblox spikes 16% in public trading debut after $44 billion direct listing (Insider)

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