Foxconn has received regulatory approval for a $569 million investment to expand its Wisconsin operations, driven by soaring demand for AI servers. The Wisconsin Economic Development Corporation (WEDC) approved the plan, enabling Foxconn to scale its Racine County facility — a key U.S. hub for next-generation data infrastructure. 🔑 Key Highlights “As demand for data...
Bill Ackman is preparing a $5 billion IPO for a new U.S.-listed closed-end fund — set to debut alongside the IPO of Pershing Square Capital Management in early 2026, according to sources familiar with the plan. The new closed-end fund will mirror Ackman’s flagship hedge fund, but with lower fees and faster investor access, opening...
Bill Ackman’s Pershing Square is preparing a $5 billion IPO for a new closed-end fund that aims to mirror its flagship hedge fund — but with lower fees, faster access to capital, and broader investor eligibility, including pension funds, endowments, and retail investors. Key Highlights
TMX Group, parent of the Toronto Stock Exchange, expects a major pickup in IPO activity heading into 2026, supported by a deep pipeline of companies preparing to tap capital markets. Key Points 📈 Rockpoint Gas Storage’s C$704M IPO has renewed optimism for Canada’s listings market.🇺🇸 U.S. IPOs have raised ~$30B in 2025, up 13% YoY,...
Britain will cut the tax-free cash ISA allowance from £20,000 to £12,000 starting 2027, aiming to redirect household savings into the stock market and support economic growth.👉 Over-65s will retain the full £20,000 allowance. The announcement by Finance Minister Rachel Reeves immediately lifted shares of online brokers: 🔍 Key Context 📈 Expert Views Whether this...
The FDIC has approved new rules easing the enhanced supplementary leverage ratio, reducing how much capital banks must hold against low-risk assets — marking one of the first major rollbacks of post-crisis regulation. Key Highlights 📉 $13B reduction in required capital for large global banks (<2%)🏦 Depository subsidiaries see a 27% drop, equal to $213B📅...