Battery powered 🔋 — A Chinese company wants to buy a lithium mine operator. Investors are going Fanatic over trading cards. And Lightspeed could slow down.

China-based Contemporary Amperex wants to buy a Canadian lithium reserve to capture the growing demand for batteries. Fanatics Trading raised $10 billion for their trading cards entity. And Spruce Point Capital Management casts doubt over Lightspeed's revenue and user numbers.

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The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.