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Bloomberg23d agoneutral
Shein Is Said to Target Up to $3 Billion Hong Kong IPO by August

(Bloomberg) -- Shein Global Holdings Ltd. is seeking to list in Hong Kong as soon as in August after securing approval from China’s securities regulator, according to people familiar with the matter.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS Renews Iran Strikes as

Shein eyes Hong Kong IPO as early as September
Just Style23d agoneutral
Shein eyes Hong Kong IPO as early as September

Ultra-fast fashion retailer Shein is reportedly preparing for a long-anticipated initial public offering (IPO) now set to take place in Hong Kong as early as September or October.

Gary Black Thinks SpaceX Stock Could Soon Trade Below Its IPO Price—Here's Why
Benzinga23d agoneutral
Gary Black Thinks SpaceX Stock Could Soon Trade Below Its IPO Price—Here's Why

Investor Gary Black of The Future Fund LLC said on Monday that Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX) shares could drop below the IPO price of $135/share in the coming days. SPCX’s Share Lock-Up In a post on X, the investor said that the company’s shares will likely fall below “its $135 IPO price as 20% of locked shares become free in early-August.” Read Also: Elon Musk Says SpaceX Will Fly Orbital Data Centers Next Year—Jim Chanos Isn't Buying It The investor is pointi

Bloomberg23d agoneutral
Saudi Tech Firm NourNet Is Said to Pick Goldman, HSBC for IPO

(Bloomberg) -- Saudi Arabia’s NourNet is working with Goldman Sachs Group Inc. and HSBC Holdings Plc on a potential initial public offering, according to people familiar with the matter, adding to a pipeline of Gulf listings despite the regional conflict.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retireme

Tesla merger with SpaceX won't save investors, top analyst says
TheStreet24d agoneutral
Tesla merger with SpaceX won't save investors, top analyst says

Tesla investors who have bet on Elon Musk and his electric vehicle company have been rewarded for their faith time and again. The stock seems immune to prolonged downturns, even when Tesla (TSLA) fails to deliver on one of Musk's grandiose promises. And when he does deliver, the stock also pushes ...

This is how rich SpaceX workers are after the IPO
TheStreet24d agoneutral
This is how rich SpaceX workers are after the IPO

Juan Hernandez, who now works as a welder at Jeff Bezos-owned rival Blue Origin, is one of more than 4,400 current and former SpaceX employees who became millionaires on paper when the company went public. When SpaceX hired Juan Hernandez as a welder in 2015, the company offered him $10,000 in ...

How Vertiv (VRT) Is Expanding Its AI Data Center Cooling Platform Through the ThermoKey Acquisition
Insider Monkey25d agoneutral
How Vertiv (VRT) Is Expanding Its AI Data Center Cooling Platform Through the ThermoKey Acquisition

Vertiv Holdings Co (NYSE:VRT) is one of the best performing AI stocks over the last 3 years, with a 3Y CAGR of 134%. On June 12, Vertiv completed its acquisition of ThermoKey, an Italian provider of heat-rejection and heat-exchange equipment. The transaction adds dry coolers, heat exchangers, and systems compatible with low-global-warming-potential and natural refrigerants. […]

Lowe's (LOW) Is Using AI And Acquisitions To Win More Professional Customers
Simply Wall St.25d agoneutral
Lowe's (LOW) Is Using AI And Acquisitions To Win More Professional Customers

Lowe's Companies (NYSE:LOW) recently reported industry leading revenue growth among major home improvement retailers. The company is using AI tools and targeted acquisitions to grow sales to professional customers. These moves highlight an effort to deepen relationships with contractors and tradespeople while sharpening its competitive position. Lowe's Companies enters this phase with its stock trading around $211.63 and a mixed recent track record, with the share price down 14.3% year to...

Symbotic (SYM) Acquires ARMS Innovations to Expand Warehouse Optimization
Insider Monkey25d agoneutral
Symbotic (SYM) Acquires ARMS Innovations to Expand Warehouse Optimization

Symbotic Inc. (NASDAQ:SYM) is one of the best large cap stocks to buy according to analysts. On July 2, Symbotic announced the acquisition of UK-based software firm ARMS Innovations to advance a new category of warehouse operations optimization. This move expands Symbotic’s capabilities beyond robotics automation into a comprehensive, AI-powered “operational nervous system” that integrates […]

Nasdaq (NDAQ) Draws Fresh Overseas IPO Interest After SK Hynix Debut
Simply Wall St.25d agoneutral
Nasdaq (NDAQ) Draws Fresh Overseas IPO Interest After SK Hynix Debut

SK Hynix's American depositary receipt debut on Nasdaq drew strong international attention. Nasdaq executives report increased interest from overseas companies exploring U.S. listings after this high-profile IPO. Potential implications include broader issuer diversity and new fee opportunities across Nasdaq's listing and trading businesses. NasdaqGS:NDAQ sits at a share price of $88.08, with the stock up 4% over the past week and 1.6% over the past month. Over a 3 year period, the stock has...

How Norfolk Southern (NSC) Is Navigating Regulatory Review to Advance Its Transformational Rail Merger Strategy
Insider Monkey25d agoneutral
How Norfolk Southern (NSC) Is Navigating Regulatory Review to Advance Its Transformational Rail Merger Strategy

Norfolk Southern Corporation (NYSE:NSC) is one of the Best Railroad Stocks to Invest In According to Billionaires. As of Q1 2026, 24 billionaires held the stock. On July 7, Norfolk Southern and Union Pacific submitted the first portion of their responses to the Surface Transportation Board’s request for supplemental information tied to their accepted merger […]