Latest news with #outlook
Yahoo
12 hours ago
- Business
- Yahoo
IPO outlook: Why you can expect 'more activity' this fall
EquityZen head of market insight Brianne Lynch joins Market Catalysts with Julie Hyman to discuss the initial public offering (IPO) market so far this year and what the outlook might be for the second half of 2025. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17 hours ago
- Business
- Yahoo
IPO outlook: Why you can expect 'more activity' this fall
EquityZen head of market insight Brianne Lynch joins Market Catalysts with Julie Hyman to discuss the initial public offering (IPO) market so far this year and what the outlook might be for the second half of 2025. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. So we mentioned that exits are up 45%, but let's be clear, it's from a very low base, right? It's still not been a busy market, I guess, for IPOs. What is still sort of holding things back in your view? Sure. So, to your point, you know, we're certainly not at those 2021 highs where the IPO market was booming, but we are seeing an increase in activity. You know, against all odds, we saw the market really pull back when it came to IPOs in April post Liberation Day. There's a lot more concern in the market. Uh, but in June, several companies decided to kind of rip the band-aid and go public. So we saw Hinge Health, Mountain, um, Circle, Chime, many others go public and perform well. So that's really given a vote of confidence for others to follow. So we see the pipeline starting to build and probably expect to see more activity in the fall. I I'm curious over these past several years, as we have seen the number of companies coming public go down, what is the interest level on equities end, you know, has that been consistent, has that sort of waxed and waned? What have you seen? We've seen a big uptick in investor activity in the pre-IPO market because there's been this drought of IPOs, so investors don't want to wait another year, two years, five years to invest in these companies that are growing so rapidly in the private markets. You've got, you know, companies in AI, FinTech, crypto, some of these uh top in-demand industries all growing to tens of billions, even hundreds of billion dollar valuations in the private market. So we've seen a big uptick in investor interest, um over 40% in June alone, uh driven by, you know, investor interest in getting these names earlier. And um, on your platform, people who are accredited investors can get into some of these companies, right? Okay. Okay, gotcha. Um, so let's talk about some of the companies that have come public that you've met, alluded to, right? Circle. And I mentioned Corweave as well, which have just been, you know, have really seen big increases. Um, is it, I mean, I don't want to use the word bubble, but like, is there froth here with some of these, some of these new IPOs? What we've seen, let's talk about Circle for example. Uh, there's just a lot of momentum and a lot of catalysts when it comes to crypto specifically that have really enabled that stock to fly. You've got a crypto-friendly administration in place, DC Crypto week, more legislation's being reviewed there. Stable coin legislation has already passed. Bitcoin is trading near all-time highs. Coinbase, which was the first crypto IPO back in 2021, is now an S&P 500 company. So all these pieces really play together to create a lot of validation in the market which allowed Circle to really kind of go public at this opportune time. We've seen in the private markets that crypto companies are growing in popularity. It's the number six most popular industry amongst investors. So when you look at Gemini and Grayscale and others, they're seeing the success that Circle had and yes, they're different businesses, but also trying to, uh, you know, take advantage of that opportunity. Right. Exactly. I mean, and we got that S-1 filing from Grayscale yesterday, that confidential filing that they're planning to go public. They say it might not happen, but it's, you know, they've at least uh put the filing in. So what do you think is driving it? That was not one that was sort of like chattered about, right? No, this certainly wasn't one on our 2025 IPO outlook list. Uh, but they are really trying to capitalize on the interest there is for crypto companies as a crypto asset manager. They were one of the leaders in uh creating these investable products like crypto ETFs, and you know, fast forward a few years, you have BlackRock and some of the largest asset managers playing in that same space. So it's certainly become more competitive, uh, but I think they're looking to, you know, take advantage of investor interest while the market is hot. Um, on your platform, what are some of the most popular individual companies? Sure. So the most popular companies we're seeing are kind of like the who's who's list of the private markets. You have SpaceX, Anduril, OpenAI, Perplexity, companies that are valued at tens or hundreds of billion dollar valuations, um, that really don't have plans to go public anytime soon. So that's why we see more investors coming to the pre-IPO market to invest while these companies are in such rapid phases of growth. Um, and is that interest pretty consistent for some of those companies? Yeah, some of the companies, you know, certainly that top five have been, um, some of the most popular over the past several quarters. Defense Tech is an industry that has grown in popularity. So Anduril, Helsing, and some of those other names have grown in popularity, uh, in the past two quarters versus AI companies that have kind of led the market for the past two years. So, um, it's certainly not a static story where, um, new innovative technologies and industries, um, kind of come to market and change the landscape. Um, and lastly, do you expect to see any kind of pickup in IPO activity, like if, I mean, and what's the thing that would unlock it? Would it be a rate cut, for example? Sure. It seems like a lot of these companies that are in the pipeline preparing to go have accepted that there's going to be some volatility in the market. So we don't know when a rate cut would happen. There's still a lot of uncertainty around tariffs and inflation. But the companies in the pipeline, like Klarna, like Navan, have been looking to go public for a very long time. These are, you know, big companies with, um, large brands and market presences already. So many of them are choosing to bite the bullet and do that. Summer tends to be a slower period, so it's probably the fall that we're expecting these IPOs to happen. Uh, but that pipeline is already there, and we expect to see more activity then. Related Videos Tech highs, liquidity spigots, crypto week: Market takeaways Huntington Bank CEO talks Q2 earnings, tariffs, & Veritex deal Huntington Bank CFO: Q2 Earnings Were "Phenomenal" What retirees should know amid uncertainty: Ask Yahoo Finance Sign in to access your portfolio
Yahoo
18 hours ago
- Business
- Yahoo
Rockwell Stock Rises as Wall Street Firms Raise Price Targets
BofA Securities analyst Andrew Obin and Stephens analyst Tommy Moll both feel better about the outlook these days.
BusinessToday
a day ago
- Business
- BusinessToday
Singapore Shares Climb To New Peak Amid Global Market Rally
Singapore shares ended the trading week on a strong note, with the benchmark Straits Times Index (STI) climbing 0.7% to close at a record high of 4,161.4 on July 18. The rally was fuelled by sustained institutional inflows and positive global cues, particularly from Wall Street. Financial heavyweights led the charge, with DBS Group Holdings gaining ground ahead of its upcoming earnings announcement. The banking sector, along with property and telecommunications stocks, saw broad-based buying interest as investor sentiment remained upbeat. The bullish momentum in Singapore mirrored gains across Asian markets, which tracked the strength in US equities following better-than-expected retail sales and labour market data. Traders interpreted the strong economic readings as signs of resilience, adding to optimism over corporate earnings both in the US and Asia. Foreign participation in the Singapore market also remained firm, supporting large-cap stocks and lifting the STI to fresh highs. Analysts noted that the rally was underpinned by growing confidence in the region's economic outlook and hopes that upcoming earnings releases will validate the market's positive trajectory. Despite lingering concerns over global trade tensions and inflationary pressures, market participants remained focused on fundamentals, with strong corporate guidance and macro indicators offering reassurance. Outlook: With key earnings reports and regional economic data due in the coming weeks, investors will be watching closely to see if the market can maintain its upward momentum or if profit-taking sets in at these elevated levels. Related
Yahoo
3 days ago
- Business
- Yahoo
Novartis CEO on Psoriasis Drug, China Growth, Tariffs, M&A
Novartis AG announced disappointing sales for a key psoriasis drug and the looming retirement of its respected finance chief, which overshadowed a modest outlook raise. Novartis CEO Vasant Narasimham speaks with Scarlet Fu on these topics and the impact of tariffs. Sign in to access your portfolio
