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Bonnie Chan on IPO Momentum

Bloomberg Markets 9h ago

Eagle Computer: The rise and fall of an early PC clone

When it comes to 80s computer brands, few flew as high as Eagle Computer flew in 1983. The aptly named company was selling 12,000 computers a month and had been doubling sales every quarter under the leadership of a talented CEO. Then Eagle lost its CEO, Dennis Barnhart, in a crashed Ferrari on the day of its IPO, June 8, 1983.

Hacker News 1d ago

OpenAI confidentially files for US IPO as AI boom drives investor frenzy

OpenAI confidentially files for US IPO as AI boom drives investor frenzy ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing. ChatGPT maker OpenAI confidentially filed for a US initial public offering recently, the company said on Monday, joining rival Anthropic in a push...

France 24 1d ago

OpenAI files for US IPO after Anthropic as AI giants head to public markets

OpenAI files for US IPO after Anthropic as AI giants head to public markets June 8 : ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private...

Channel News Asia 1d ago

OpenAI files for US IPO after Anthropic as AI giants head to public markets

OpenAI files for US IPO after Anthropic as AI giants head to public markets ChatGPT-maker OpenAI confidentially filed for a US initial public offering on Monday (Jun 8), joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private...

Channel News Asia 1d ago

Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up

Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up June 3 : Honeywell's Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering. Reuters exclusively reported the pricing details earlier in the day.

Channel News Asia 6d ago

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 June 3 : 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 sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering, the source said. The company did not...

Channel News Asia 6d ago

Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates

Bitcoin is getting pummeled to kick off June as the market loses its dominant narrative and liquidity continues to rotate into other assets. The combination has left the flagship cryptocurrency vulnerable to further downside pressure as investors scale back risk and capital shifts toward markets with more momentum or more obvious near-term catalysts, like the chip rally or the SpaceX IPO. Bitcoin is down 13% this week and heading for its worst week since February, according to Coin Metrics.

CNBC 5d ago

Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street

Two months after Anthropic rolled out Mythos to a limited number of users, citing concerns about the artificial intelligence model's potential to do damage in the wrong hands, the company said it's ready to release an equally powerful model to the public. Anthropic on Tuesday announced Claude Fable 5, a Mythos-class model that will be available to its enterprise customers and paid subscribers. The company said the broad release is possible because of new safeguards that block responses in...

CNBC 23h ago

Hong Kong's IPO boom is developing a performance problem

BEIJING — Hong Kong may be the top market globally for initial public offerings, but it also suffers from a growing trend of weak stock performance from those debuts. The Hong Kong exchange was first in the world by IPO funds raised last year — besting the New York Stock Exchange and the Nasdaq, which came second and third respectively — according to KPMG, which noted that strong momentum in 2025 continued in the first quarter of this year. More than 600 companies are waiting to list on the...

CNBC 2d ago