Energy Stock Rally Shadowed by Worries of a Building Supply Glut
The swift rebound in energy stocks is triggering warnings that it could fizzle out just as fast as it started.
Canada’s Only Major IPO This Year Is Off to a Rough Start
Canada’s top stock exchange has had one initial public offering this year. So far, it hasn’t gone well.
Trump Media Partners With Crypto.com on Crypto Treasury
Trump Media & Technology Group Corp. and Crypto.com agreed to a deal with blank-check vehicle Yorkville Acquisition Corp. to create a crypto treasury company focused on buying and holding CRO tokens, the native cryptocurrency of the Cronos ecosystem.
Biotechs Turn to Digital Coins, Crypto to Boost Stock Prices
They’re supposed to be on the cutting edge of medicine. Yet some tiny biotech companies, largely left behind in the stock market’s breakneck rally, are pursuing a new cure-all: Cryptocurrencies.
Retail Traders Ditch Crypto-Holding Firms on Stock Dilution Fear
For small companies seeking big gains, the play was easy: start buying cryptocurrency, watch your shares soar and sell stock to fund more purchases.
Winklevoss’ Gemini Files for IPO as Crypto Listings Accelerate
Gemini Space Station Inc., led by the billionaire Winklevoss twins, filed for an IPO as the cohort of crypto businesses seeking to list on public markets continues to swell.
Crypto Firm Bullish Soars 84% in Debut After $1.1 Billion IPO
Bullish shares jumped 84% from the IPO price after the digital-asset exchange operator and owner of media outlet CoinDesk raised $1.1 billion in an initial public offering.
Crypto Firm Bullish Raises $1.1 Billion in IPO Priced Over Range
Bullish raised $1.1 billion in an initial public offering, pricing its shares above the marketed range.
Circle Falls After Company, Holders Offer Shares
Shares of Circle Internet Group Inc. fell after the second-largest stablecoin issuer and a group of shareholders including co-founder and Chief Executive Officer Jeremy Allaire announced an offering to sell a combined 10 million shares.
Venture Global’s Big IPO Flop Intact Even After Revenue Beat
Venture Global Inc.’s crown as worst US public markets debutant this year is undented after the liquefied natural gas exporter reported second-quarter earnings.
WhiteFiber Raises $159.4 Million in Upsized US IPO
WhiteFiber Inc., an artificial intelligence infrastructure firm, raised $159.4 million in an initial public offering, pricing its shares at the top of a marketed range.
CoinDesk Owner Bullish Seeks Up to $629 Million in IPO
Bullish, a digital-asset exchange operator and owner of media outlet CoinDesk, is looking to raise as much as $629.3 million in its US initial public offering.
AI Infrastructure Firm Whitefiber Seeks $132.8 Million in IPO
Whitefiber Inc., an artificial intelligence infrastructure subsidiary of crypto treasury firm Bit Digital Inc., is seeking to raise as much as $132.8 million in an initial public offering.
Blank Check Company TLGY Surges After Raising $360 Million for Altcoin Treasury
A blank check company, TLGY Acquisition Corp. announced that it is merging with a smaller firm in order to buy and hold an alternative cryptocurrency known as ENA, the latest company to follow the crypto treasury playbook created by Michael Saylor.
Bullish Files for IPO in Latest Crypto Push Onto Public Market
Bullish, a digital-asset exchange operator whose backers have included billionaire Peter Thiel, filed for an initial public offering in the latest push onto public markets by cryptocurrency companies.
Rivian, Lucid to Benefit From Trump Tax Bill, BNP Paribas Says
Shares of Rivian Automotive Inc. and Lucid Group Inc. gained as much as 4.6% and 8.8%, respectively, on Thursday as BNP Paribas sees the EV makers benefiting from President Donald Trump’s tax and spending bill ending electric vehicle tax credits.
Circle’s Wild 490% Jump Draws Sell Rating From Bank That Led IPO
Stablecoin issuer Circle Internet Group Inc. has surged more than five-fold since its initial public offering earlier this month, but analysts at lead underwriter JPMorgan Chase & Co. say that the rally has gotten out of hand.
Circle’s 750% Surge Heats Up Debate Over Stablecoin Payments
A surge in shares of Circle Internet Group Inc., lifted by a wave of optimism about US stablecoins, has investors and market-watchers alike wondering just how much upside could be left in the near-term for the newly publicly-traded company.
Circle Gets Buy Rating After Senate Passes Stablecoin Bill
Circle Internet Group Inc.’s shares jumped 20% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senate’s move this week to pass legislation setting up regulatory rules for cryptocurrencies pegged to the dollar.
Canadian Crypto Firms Struggle to Create First Local Stablecoin
While the US Senate advanced far-reaching stablecoin legislation, Canadian companies are pushing to get even the most basic stablecoin products available for users in the country.
Solana Investors May Benefit As Financial Uses Grow, Cantor Says
Companies looking to invest in the cryptocurrency Solana may benefit from increased use of the coin in the financial industry, according to analysts at Cantor Fitzgerald.
Ethereum Treasury Firm SharpLink Plunges 69% on Routine Filing
Shares of SharpLink Gaming Inc. plunged 69% on Friday following the registration of shares for a group of investors, a move the company’s chairman defended as standard procedure.
McDonald’s Shares Slump as GLP-1 Risks Spur Rare Sell Rating
McDonald’s Corp. shares slipped on Tuesday after Redburn Atlantic gave the burger chain its sole sell rating, saying shifting consumer patterns due to weight-loss drugs and inflation are cause for concern.
Pot Stock Euphoria Vanishes as US Legalization Remains Elusive
The stock market’s marijuana boom is over. And for the once high-flying cannabis industry, a euphoric dream of never-ending growth has turned into a survival nightmare as it navigates through the bust.
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