Explore

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO

June 3 (Reuters) - Gas engine manufacturer Innio said on Wednesday it has raised $2.43 billion in its U.S. initial public offering, as investors flock to companies powering the AI boom.

Exclusive-Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says

Exclusive-Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says

By Echo Wang and Manya Saini June 3 (Reuters) - Honeywell's Quantinuum raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, a source familiar with the matter said on Wednesday, as investors flocked to one of the market's fast-growing emerging technology

Honeywell's Quantinuum heads for Nasdaq debut as quantum computing gains momentum

Honeywell's Quantinuum heads for Nasdaq debut as quantum computing gains momentum

By Prakhar Srivastava and Pritam Biswas June 4 (Reuters) - Honeywell's Quantinuum is set to make its U.S. market debut later on Thursday, after strong investor interest helped the quantum computing company raise $1.68 billion in an upsized initial public offering.

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

By Kanchana Chakravarty June 3 (Reuters) - SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said in a note on Wednesday, adding that legacy broadband providers like AT&T may be most at risk.

A drop for Alphabet helps slow Wall Street's record-breaking rally

A drop for Alphabet helps slow Wall Street's record-breaking rally

A drop for Alphabet, one of Wall Street’s most influential stocks, is helping to slow the U.S. stock market’s record-breaking rally

Nasdaq futures lead declines after Broadcom drop

Nasdaq futures lead declines after Broadcom drop

June 4 (Reuters) - S&P 500 and Nasdaq 100 futures fell on Thursday, as Broadcom's revenue miss pressured chip stocks, while equity investors took a breather after a strong rally to record highs.

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

By Echo Wang and Milana Vinn NEW YORK, June 3 (Reuters) - SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way.

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

Honeywell's Quantinuum eyes $14.3 billion valuation in upsized US IPO

June 1 (Reuters) - Honeywell's Quantinuum is targeting a valuation of up to $14.3 billion in its upsized U.S. initial public offering, underscoring robust investor appetite around quantum computing.

Wall Street poised to open lower even as AI and data center companies soar on still-hot demand

Wall Street poised to open lower even as AI and data center companies soar on still-hot demand

Markets on Wall Street tipped toward losses before the opening bell Tuesday even as a handful of technology companies saw their shares post big gains as demand for AI and data center infrastructure remains red hot

John Delaney's Forbright targets $994 million valuation in US IPO

John Delaney's Forbright targets $994 million valuation in US IPO

By Arasu Kannagi Basil June 2 (Reuters) - Forbright, founded by former U.S. Representative John Delaney, is targeting a valuation of up to $993.8 million in its U.S. initial public offering, as a strong run of ‌new listings by U.S. banks extends into 2026.

Morningstar values SpaceX at $780 billion, half its IPO target

Morningstar values SpaceX at $780 billion, half its IPO target

By Niket Nishant June 2 (Reuters) - Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week.

Factbox-Anthropic confidentially files for US IPO as it looks to beat OpenAI

Factbox-Anthropic confidentially files for US IPO as it looks to beat OpenAI

June 1 (Reuters) - Anthropic said on Monday it had confidentially filed for its U.S. initial public offering, as the AI heavyweight looks to beat archrival OpenAI to the IPO market.