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MATT KENNEDY

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Honeywell’s quantum company goes public. What investors should know about the IPO

Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company's stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum shares were priced at $60 apiece Wednesday night, above its previous expected range of $53 to $55.

CNBC 5d ago

Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession

Instant View: Anthropic IPO filing ratifies Wall Street's AI obsession NEW YORK, June 1 : AI giant Anthropic said on Monday it has confidentially filed for a U.S. initial public offering, teeing up a watershed moment for Wall Street's AI frenzy. Tech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price its IPO this month and Anthropic rival OpenAI, led by Sam Altman, is waiting on deck. U.S. stocks were mixed on...

Channel News Asia 8d ago

AOL, Vimeo parent Bending Spoons files for US IPO

AOL, Vimeo parent Bending Spoons files for US IPO June 8 : Bending Spoons, an Italian tech firm focused on acquiring and revamping digital businesses, filed for a U.S. initial public offering on Monday, as a busy summer IPO window takes shape. A listing of the company, which bought storied internet brand AOL and ticketing marketplace Eventbrite this year, could value it at around $20 billion, Reuters had reported in April. "We see a vast opportunity ahead.

Channel News Asia 2d ago

Five ways Elon Musk's SpaceX upended Wall Street's IPO playbook

Five ways Elon Musk's SpaceX upended Wall Street's IPO playbook June 8 : Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker SpaceX goes public, in ways that no other company has. Here is how SpaceX is breaking Wall Street traditions with its record $75 billion listing.

Channel News Asia 2d ago

Ben Folds warns that National Symphony Orchestra ‘may not survive’ Kennedy Center chaos

The National Symphony Orchestra “is in real trouble” and “may not survive” ongoing Kennedy Center chaos, Grammy-nominated alt rock pianist Ben Folds warned on Tuesday. Folds, who resigned last year from his role as artistic advisor to the NSO, urged orchestra fans to fight back with their voices. “Our National Symphony Orchestra is in real trouble — it may not survive,” Folds told fans via an open letter posted to social media on Tuesday.

NBC News 7d ago

Trump Hasn’t Left Much Kennedy Center to Stay Open

For months, the dwindling ranks of staffers at the Kennedy Center have been bracing for July, when the Washington, D.C., arts complex had been slated to shut down. How the bruised institution would bounce back after a two-year closure ordered by the president of the United States—and what it would look like once it did—were major questions. This week brought an even bigger one: How could it possibly stay open?In a pair of rulings today, a federal judge dealt two blows to Trump’s stewardship...

The Atlantic 11d ago

The Congresswoman Who Got Trump’s Name Off the Kennedy Center

Three months ago, a 75-year-old lawmaker filed a complaint as part of an ongoing lawsuit in federal court, claiming that she had been unlawfully excluded from an upcoming board meeting that would determine the fate of the John F. Kennedy Center for the Performing Arts. It turned out that the invitation had landed in her spam folder—an admission that quickly became a political punch line, a real-life Veep episode in Washington politics. Today, the plaintiff—Representative Joyce Beatty—feels...

The Atlantic 4d ago

Judge blocks renaming, closure of Kennedy Center

President Donald Trump’s effort to rebrand the Kennedy Center in his own name is illegal, a federal judge ruled Friday. U.S. District Judge Christopher Cooper said the rebranding of the institution that honors President John F. Kennedy as the “Trump-Kennedy Center” violated the clear language of federal law that requires the building to honor “President Kennedy and President Kennedy alone.” The order to revert to the original, longstanding name came as part of a broader ruling that...

Politico EU 11d ago

Future Power Rankings: How all 68 Power 4 college football teams stack up

Projecting a college football program's future is harder than ever. Rosters and fortunes change dramatically and championship pathways are more open than ever. The assets that make a program great in 2026 might not be there in 2027.

ESPN 1d ago

How back is the U? Can Clemson rebound? Previewing...

Life in the ACC certainly isn't boring. In the past year alone, the conference has produced a long and awkward CFP rankings battle, an irate affiliate member, a thrilling national title game run, the strangest tiebreaker result imaginable, an out-of-nowhere 11-win season, the most disappointing team in the country, an epic pro-to-college face-plant, 18 of the 38 best games of the 2025 season, the No. 1 pick in the NFL draft (indirectly) and the most awkward possible move to nine-game...

ESPN 7d ago