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Chinese IPO Rattles Chip Stocks
The Wall Street Journal54d agoneutral
Chinese IPO Rattles Chip Stocks

The company topped Industrial and Commercial Bank of China to become the most valuable company listed in a mainland Chinese market. ASML and Advanced Micro Devices fell 5.8% and 5.2%, respectively. The Nasdaq Composite ended the day down 0.2%.

Will the Tech Stock Rout Force Anthropic to Pull Its IPO?
24/7 Wall St.88d 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.88d 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