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AI Chip Company Sets $29 Billion U.S. Offering In Another Big-Time IPO
Investor's Business Daily53d agoneutral
AI Chip Company Sets $29 Billion U.S. Offering In Another Big-Time IPO

SK Hynix, the giant South Korean chipmaker, formally filed on Wednesday to list its stock on the Nasdaq, in what would be another multibillion-dollar, AI-related IPO. The company, which primarily makes memory chips, plans to raise $29 billion, reports said. SK Hynix is the largest company in South Korea's Kospi index, representing nearly 28% of the index's weighting, according to FactSet.

Investing.com53d agoneutral
SpaceX IPO dominated moomoo platform as half of all traders bought SPCX

Investing.com -- SpaceX's stock market debut proved to be one of the most dominant single-stock events moomoo's U.S. platform has seen, with more than half of all active traders on the platform trading SPCX on IPO day and the stock generating nearly eight times more orders than the second-most traded name.

Reuters53d agoneutral
Apple supplier Lingyi iTech prices $1.06 billion Hong Kong IPO to tap AI demand

China's Lingyi iTech priced its Hong Kong initial public offering at HK$10.18 per share, setting the stage to raise about ‌HK$8.3 billion ($1.06 billion), part of which it plans to use for ‌expanding its AI capacity. The Apple supplier seeks to capitalise on rising demand linked to AI computing and ​advanced hardware. It wrote in its prospectus that about 37.6% of the IPO proceeds, or roughly HK$3.07 billion, would be marked for enhancing production capacity and upgrading core manufacturing processes.

Gary Black Says 'The Math Doesn't Math' As SPCX Stock Stays Volatile After Blockbuster IPO— Compares Elon Musk-Led Company To Nvidia
Benzinga53d agoneutral
Gary Black Says 'The Math Doesn't Math' As SPCX Stock Stays Volatile After Blockbuster IPO— Compares Elon Musk-Led Company To Nvidia

Elon Musk-led Space Exploration Technologies Corp surged past $200 per share following its blockbuster IPO earlier this month, but investor Gary Black of The Future Fund LLC remained unconvinced by the commercial space flight giant’s valuation. SpaceX’s Valuation Concerns In a post on X on Tuesday, Black outlined that investors were overpaying for the company’s shares following the IPO. “Investors shouldn’t be paying 150x 2026 EV/EBITDA” for SpaceX. He then drew comparisons with chipmaker NVIDIA

The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever
etf.com53d agoneutral
The SpaceX ETF Halted Mere Hours After the Biggest IPO Ever

<p>SpaceX’s IPO smashed records, as investors clamored to gain access, pouring in billions to any kind of SpaceX exposure they could get their hands on. One ETF benefited for a couple hours, having changed its entire mandate overnight to capture the hype, before being halted. Tune into this episode of <em>ETF Zoo</em> for the scoop and the precedent it may set for ETFs looking ahead. </p>

Agnico Eagle Mines (AEM) Completes Acquisition of Rupert Resources
Insider Monkey53d agoneutral
Agnico Eagle Mines (AEM) Completes Acquisition of Rupert Resources

Agnico Eagle Mines Limited (NYSE:AEM) is one of the most promising long-term stocks to buy according to analysts. On June 16, Agnico Eagle Mines completed its acquisition of Rupert Resources Ltd. through a plan of arrangement. Under the terms of the transaction, Rupert shareholders will receive 0.0401 of an Agnico Eagle common share for each […]

Coinbase Is Offering Pre-IPO Perpetual Futures on OpenAI and Anthropic. That’s Better News for COIN Stock Than It Is for You.
Barchart54d agoneutral
Coinbase Is Offering Pre-IPO Perpetual Futures on OpenAI and Anthropic. That’s Better News for COIN Stock Than It Is for You.

The gap between digital assets and traditional public company stocks has been narrowing, and recently, that trend has been accelerating. On Monday, Coinbase (COIN) officially launched pre-IPO perpetual futures contracts tied to artificial intelligence heavyweights OpenAI and Anthropic, following its earlier rollout of a similar vehicle for the recently public SpaceX (SPCX). This move allows eligible non-U.S. retail traders to gain synthetic price exposure to high-profile, venture-backed private

Bloomberg54d agoneutral
Tesla Stockholders Bet on SpaceX Merger as Musk’s Real Endgame

(Bloomberg) -- It’s been a challenging year for Tesla Inc. shareholders, losing almost 10% while watching Elon Musk’s SpaceX complete the biggest initial public offering ever and immediately become the most valuable entity in the newly minted trillionaire’s collection. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as

Will the Tech Stock Rout Force Anthropic to Pull Its IPO?
24/7 Wall St.54d agoneutral
Will the Tech Stock Rout Force Anthropic to Pull Its IPO?

Anthropic appeared poised to become the next blockbuster public offering. Just weeks ago, enthusiasm surrounding artificial intelligence seemed unstoppable, private market valuations were climbing, and investors were already comparing Anthropic’s potential debut to SpaceX‘s (NASDAQ:SPCX) record-setting IPO. Yet markets can change direction in a hurry. A sudden global sell-off in technology stocks has raised an ... Will the Tech Stock Rout Force Anthropic to Pull Its IPO?

The Biggest IPO in History Is Unraveling. Why SpaceX Stock Hasn’t Hit Bottom Yet
24/7 Wall St.54d agoneutral
The Biggest IPO in History Is Unraveling. Why SpaceX Stock Hasn’t Hit Bottom Yet

The market’s appetite for artificial intelligence and space technology helped fuel one of the most anticipated public offerings ever. Investors spent months waiting for SpaceX‘s (NASDAQ:SPCX) debut, and when shares finally began trading, enthusiasm pushed the stock far beyond its initial offering price. Yet history has a way of reminding investors that excitement and valuation ... The Biggest IPO in History Is Unraveling. Why SpaceX Stock Hasn’t Hit Bottom Yet