Finance

Finance

Move Over, SpaceX: Popular Companies from Lime to Oura Line Up for Market Debuts

Photo via IMAGO/Frank Hoermann/SVEN SIMON/IMAGO/Sven Simon/Newscom

After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.

2 min read

Photo illustration by Connor Lin / The Daily Upside

Markets

Wall Street HALO Beckons Investors Trying to Ward Off AI-Driven Losses

As the AI bull run threatens formerly high-growth sectors like software, investors seek safety in HALO companies out of the tech’s reach.

5 min read
Photo via Moe Zoyari/ZUMAPRESS/Newscom

Blockchain

Bitcoin Sinks to Four-Month Lows as Investors Eye Sparkly IPOs

Wolfe Research wrote in a note that bitcoin’s four-year cycle could see the token dip below $40,000 this fall before picking back up.

1 min read
Photo via SOPA Images/ZUMAPRESS/Newscom

Private Equity

Private Market Jitters Return as Partners Group Caps Withdrawals

The group limited withdrawals to 5% at its flagship private equity fund after second-quarter redemption requests reached nearly 10%.

2 min read

Hedge Funds

The Strategy Behind Citadel’s Plan to Pay Hedge Fund Peers for Trading Ideas

Photo via E. Jason Wambsgans/TNS/Newscom

Brokers, analysts, up-and-coming fund managers, and boutique hedge funds with niche expertise can submit ideas.

2 min read

Photo by Robb Miller via Unsplash

Banking

Anthropic Raises Stakes in Wall Street’s IPO Gold Rush

In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.

2 min read
Photo via Taylor Morrison

Finance

New Berkshire Chief’s Big Deal Gets Cool Reception from Investors

The deal is Berkshire’s first major deal under Greg Abel, who pledged to maintain Warren Buffett’s stoic commitment to value hunting.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Andrey Krav and Anton Zacon via iStock

Markets

US Exchanges Crash Prediction-Markets Party

Nasdaq and Cboe are introducing binary bets on financial market events, capitalizing on the success of Kalshi and Polymarket.

4 min read

Media & Entertainment

Billionaire Fertitta Gambles on Caesar’s in Debt-Laden, $17.6 Billion Deal

Photo via IMAGO/Zoonar/Marco Brivio/IMAGO/Zoonar/Newscom

Analysts at Jefferies wrote Thursday that the closure of the Tillman deal could “act as a catalyst” for more M&A in the gambling sector.

2 min read

Banking

Congressional Progress on Clarity Act Buoys Spirits in Crypto Circles

Photo via Richard B. Levine/Newscom

The Clarity Act, which may help crypto go mainstream, is moving closer to passage. Here’s a look at what could change.

2 min read

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