After a Nasty Post-IPO Selloff, SpaceX Looks to the Pentagon to Give SPCX Stock a Boost The Pentagon will purportedly run AI models after sourcing compute from the Musk-led company. Barchart · Jul 21
Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations Jersey Mike’s is aiming for a near-$8 billion listing, testing investors’ appetite for franchise-driven growth. Fortune · Jul 21
Tech Brief (Jul. 21): Is Mega Chip IPO to Blame for China’s Tech Rout? ByteDance launches audio creation model, EU fines AliExpress 550 million euros for failing to curb illegal goods Caixin Global · Jul 21
Jersey Mike's IPO valuation could reach eight times Sweetgreen's market cap Jersey Mike’s is targeting a valuation that would rank among the largest recent restaurant IPOs, highlighting the premium investors are placing on fast-growing, asset-light franchise businesses. Fortune · Jul 21
Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece Ather Energy successfully raised Rs 1,300 crore via a qualified institutional placement. The company also secured Rs 1,200 crore from existing investors, totaling Rs 2,500 crore. These funds will support manufacturing expansion and new product development initiatives. Ather plans to invest significantly in a new Maharashtra facility to boost production… The Economic Times · Jul 21
Peter Schiff Says AI Stock Bubble Has Popped Amid SPCX's Decline: 'The Chart Is Not Looking Good' Economist and Echelon Wealth Partners co-founder Peter Schiff thinks that the artificial intelligence-induced bubble in the U.S. has popped amid Elon Musk-led Space Exploration Technologies Corp.‘s (NASDAQ:SPCX) recent stock decline. Benzinga · Jul 21
SBI Funds shares list below GMP expectations, but Street sees up to 23% upside SBI Funds Management Share Price: SBI Funds Management debuted with a nearly 7% premium over its IPO price, falling short of grey market expectations. Despite this, brokerages remain bullish, with Emkay assigning a Rs 750 target price and Equirus Rs 675, while analysts advise long-term investors to hold the stock… The Economic Times · Jul 21
Caliber Mining & Logistics IPO subscribed 147x; GMP signals 22% listing gain Caliber Mining & Logistics' Rs 450-crore IPO saw overwhelming investor demand, closing at 147 times subscription. Retail investors showed strong participation, subscribing 41 times for their reserved portion. The company's shares are expected to list on July 24, 2026, with a potential listing gain. Grey market premium suggests a debut… The Economic Times · Jul 21
Millworks Technologies shares make stellar debut, list at 90% premium on BSE SME Millworks Technologies shares: The Rs 160.34 crore IPO attracted overwhelming investor interest, closing with an overall subscription of more than 219 times. The Economic Times · Jul 21
SBI Funds IPO jackpot turns 13 employees into crorepatis; top ESOP haul hits Rs 121 crore SBI Funds IPO has transformed thirteen employees into crorepatis through stock ownership. Deputy Managing Director Devinder Pal Singh received the largest payout valued at Rs 121 crore. Chief Investment Officer Srinivasan Rama Iyer also secured a stake worth approximately Rs 105 crore. Several other senior executives gained substantial wealth from… The Economic Times · Jul 21
Alpine Texworld shares list flat at IPO price of Rs 105 on BSE, NSE Alpine Texworld shares debuted flat on Tuesday at their IPO price of Rs 105. The company plans to use Rs 126.25 crore raised from the IPO for expansion. Funds will support a new weaving unit and debt reduction efforts. Alpine Texworld specializes in fabric dyeing and processing with two existing… The Economic Times · Jul 21
SBI Funds Management gets 2 fresh buy calls. Why Equirus and Emkay see up to 31% upside SBI Funds Management received bullish brokerage coverage from Equirus Securities and Emkay Global, with target prices implying up to 31% upside from its IPO price of Rs 574. The stock debuted at a 7% premium on the exchanges, listing at Rs 610 on the BSE and Rs 613.30 on the… The Economic Times · Jul 21
SBI Funds Management shares list at 7% premium over IPO price on NSE SBI Funds Management shares debuted on D-Street Tuesday, listing at a premium. The IPO saw robust investor response, subscribed over forty-one times overall. Institutional investors drove demand, with QIB portion subscribed impressively. The company is India's largest AMC by Quarterly Average Assets Under Management. Financials show consistent revenue and profit… The Economic Times · Jul 21
SBI Funds pays razor-thin banker fees on top India IPO of 2026 Investment banks managing SBI Funds Management's IPO will receive minimal fees. These managers will split fees of ₹46.25 million, a fraction of the deal value. This payout is significantly lower than rival ICICI Prudential Asset Management's offering. Several Wall Street firms declined roles due to the low compensation. SBI Funds… The Economic Times · Jul 21
MarketBeat · Jul 20 A $1T Black Hole: SpaceX Eyes Pentagon AI to Break Free SpaceX shares have fallen below their $135 IPO price as a $1 trillion valuation drop raises questions about a potential Pentagon AI cloud contract and its high price-to-sales multiple.
The Economic Times · Jul 20 Coca-Cola appoints JPMorgan, Citi for India bottler IPO, sources say Coca-Cola has appointed JPMorgan and Citi for its planned 2027 initial public offering. This significant move involves its majority-owned Indian bottling partner, Hindustan Coca-Cola Holdings. The beverage giant is preparing for this listing and exploring a partial stake sale. This strategy aligns with other global firms tapping into India's growing…
Barchart · Jul 20 SpaceX Stock Sinks on Aborted Starship Launch. How to Play SPCX Stock for the Rest of Q3. SpaceX’s rocket never left the launchpad, but the stock still took off in the wrong direction, slipping below its IPO price. Is this dip a buying opportunity or a warning sign?
International Business Times · Jul 20 Moonshot AI Says Kimi K3 Demand Is Pushing Its GPUs To The Limit. Now They're Eyeing An IPO China's artificial intelligence race has produced another breakout moment. Moonshot AI's new product launch brought too much demand for them to handle.
MarketBeat · Jul 20 Bank Earnings Are Roaring, But Wall Street Isn't Ready to Celebrate Marc Chaikin of Chaikin Analytics breaks down bank earnings, mega-cap tech divergence, oversold chip stocks, SpaceX's post-IPO slide and mid-cap names like Avnet this earnings season.
The Economic Times · Jul 20 Bonus bonanza! Aastha Spintex to consider bonus issue, dividend less than a month since debut on July 23 Aastha Spintex will consider a 1:1 bonus issue, a final FY26 dividend of up to Rs 10 per share, and textile expansion plans on July 23. Despite shares falling over 22% below the IPO price, the company aims to strengthen long-term growth through forward integration.
Caixin Global · Jul 20 Business Brief (July 20): U.K. Nationalizes British Steel as Chinese Owner Cries ‘Robbery’ AI startup Moonshot targets a Hong Kong IPO within six months, while Ikea plans to shutter eight more stores in China
The Economic Times · Jul 20 Absolute Projects, Jindal Supreme secure Sebi's nod to float IPOs Funds will be used to modernise Manufacturing Facility I, procure machinery for Manufacturing Facility II, and secure equipment for Power EPC projects.
The Economic Times · Jul 20 China's CXMT targets global DRAM giants with record $8.5 billion IPO Chinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it seeks to challenge the dominance of Samsung Electronics, SK hynix and Micron Technology, The Korea Herald reported.
The Economic Times · Jul 20 Indo MIM's Rs 3,812 cr IPO to open on July 23; price band set at Rs 461-485 Indo MIM Ltd announced its Initial Public Offering, which opens for subscription on July twenty-third. The precision engineering components maker fixed a price band of Rs 461 to Rs 485 per share. This public issue comprises a fresh issue of equity shares and an Offer For Sale. The company plans…
The Economic Times · Jul 20 History test! What last 12 billion-dollar IPO listing gains indicate about SBI Funds' Rs 9,813 crore debut SBI Funds Management is set to debut on the stock market on Tuesday, with an estimated 18% listing gain based on the current grey market premium. While its blockbuster subscription has raised expectations, history shows billion-dollar IPOs have delivered mixed outcomes. Winners like Eternal and ICICI Prudential AMC contrast with…