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SpaceX IPO Files Signal $1.75 Trillion Valuation and Retail Capital Shift
SpaceX files for a historic Nasdaq IPO targeting $75 billion. High revenue multiples, a massive retail tranche, and a December lockup expiration signal major market rotation risks.
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EDGE Markets Secures $29M Series A to Modernize Prediction Market Payments
Wilmington fintech EDGE Markets raises $29.2M led by CoinFund, launching EDGE Connect and EDGE Pro to solve liquidity and latency issues in prediction markets. Total funding hits $46.4M.
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Bending Spoons Files for U.S. IPO After Sales Surge Past $600M in Q1
Bending Spoons, known for acquiring struggling tech brands, files for a U.S. IPO with Q1 revenue of $601 million, targeting a $20 billion valuation.
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Wells Fargo Doubles Micron Target to $1,220 on AI Memory Boom
Wells Fargo more than doubles its price target for Micron Technology to $1,220, citing tight supply and AI demand.
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Hedge Funds Bought Equities at Fastest Pace in Months Before Selloff
Goldman Sachs data reveals hedge funds loaded up on stocks before the Nasdaq's record plunge, highlighting the perils of crowded trades.
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OpenAI Targets Trillion-Dollar Debut Amid History's Biggest IPOs
OpenAI files for a potential $1 trillion IPO, joining the ranks of history's largest public offerings.
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SpaceX IPO: Short Sellers Face a Formidable Foe in Musk's Market Debut
Elon Musk's SpaceX is set for a massive IPO, but short sellers are wary. High valuation and governance issues entice bears, but a bullish market and Musk's history make it a risky bet.
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KOSPI Plunges 8.8%, Triggering Trading Halt
South Korea's KOSPI index crashed 8.8%, halting trading. Samsung and SK Hynix fell 10%, dragging the market.