In a major sign of growing investor skepticism toward AI infrastructure spending and sky-high valuations, Firmus—an AI data center operator backed by Nvidia, Coatue, Blackstone, and Jane Street—has shelved its $5 billion IPO in Australia. The company will now pursue private capital funding, with plans to explore a future Nasdaq listing. 📌 Key Numbers &...
Shares of Airtel Money dipped below their initial offering price on Friday during its London debut, despite strong investor demand that saw the initial public offering (IPO) several times oversubscribed. The listing marks the largest float on the London Stock Exchange since September 2025. 📌 Key Numbers & Deal Highlights: 💡 Market Perspective: While UK...
In a major sign of growing investor skepticism toward AI infrastructure spending and sky-high valuations, Firmus—an AI data center operator backed by Nvidia, Coatue, Blackstone, and Jane Street—has shelved its $5 billion IPO in Australia. The company will now pursue private capital funding, with plans to explore a future Nasdaq listing. 📌 Key Numbers &...
US stock funds saw investors pull back in the week ended October 7, breaking a two-week streak of inflows. Profit-taking took center stage as the S&P 500 reached a new peak before retreating under pressure from surging 10-year Treasury yields and elevated crude oil prices. 📌 Key Figures & Fund Flow Breakdown: • -$5.11 Billion...
Soaring bond yields, persistent inflation fears, and ballooning government debt in major economies triggered a massive wave of risk-aversion, sending investors flocking into cash-equivalent safe havens for the week ended October 7. 📌 Key Capital Flows & Market Indicators: • +$153.81 Billion into Money Market Funds: The largest weekly net purchase since May 6, as...
The pull-out of Nvidia-backed AI data center operator Firmus from its planned float has dealt a major setback to the Australian Securities Exchange (ASX), worsening a persistent drought of new tech listings on the exchange. 📌 Key Numbers & Highlights: 💡 Market Impact: Fund managers highlight that the withdrawal deprives Australian investors of much-needed sector...