Author: Charlotte

The biggest IPO in history is about to reach another milestone, but smart investors shouldn’t confuse forced buying with lasting value. On July 7, SpaceX (NASDAQ:SPCX) will officially join the Nasdaq-100 after the Nasdaq exchange rewrote its eligibility rules to allow newly public mega-cap companies into the index without waiting through the traditional seasoning period. That decision guarantees billions of dollars of passive buying from index funds, ETFs, mutual funds, and institutional investors that track the benchmark.  While that demand could give the stock a short-term lift, it doesn’t solve the valuation concerns that have already begun weighing on shares.…

‘Gold Scorpion’ design draws global attentionThe boots are the newly released Nike Mercurial Superfly 11 “Gold Scorpion”, created to celebrate Ronaldo becoming the first player in history to score in six consecutive FIFA World Cups.Designed in a bold gold finish with red detailing and a white Swoosh, the boots also feature “CR7” branding — a tribute to the forward’s long-standing legacy in international football.Almost immediately after images emerged from training, the boots went viral across social media platforms, with fans and football pages sharing clips and reactions.‘Golden fit for a legend’The golden boots quickly became a trending topic, with fans…

Warburg Pincus announced that it has entered into an agreement to acquire Network Plus from OMERS Private Equity and other shareholders. Network Plus is a UK-based utility and infrastructure services provider founded in 2000 and headquartered in Worsley, Greater Manchester. Financial terms of the transaction were not disclosed. The transaction is intended to accelerate Network Plus’ growth as a provider of maintenance, enhancement, and operational services across the water, wastewater, gas, power, and broader infrastructure sectors. Network Plus works with major UK utility providers to support critical infrastructure investment and performance goals. The company delivers essential services that help maintain…

Shuttle Pharmaceuticals Holdings Inc. stocks have been trading up by 6.35 percent following highly positive biotech development news. What Traders Need To Know Price spiked above $6 intraday before fading to just under $4, showing aggressive profit taking and shaky conviction. Weekly action in SHPH shows a jump from the low $3s toward mid $5s, then a sharp reversal that leaves a wide-range candle on the chart. Shuttle Pharmaceuticals Holdings Inc. operates with negative cash flow and relies heavily on equity financing, raising dilution risk for short-term traders. Extremely weak liquidity metrics and large negative returns on equity make SHPH…

Ripple CEO criticizes Strategy’s Bitcoin model. Ripple CEO Brad Garlinghouse told CNBC that while he remains optimistic about Bitcoin, he considers the Strategy model, which funds cryptocurrency purchases through the issuance of preferred shares, to be harmful to the market. “Financial engineering does not create long-term value,” Garlinghouse said. He added that the long-term value of any digital asset is determined by its utility. For about a year, Strategy has been raising funds for new cryptocurrency purchases by issuing preferred shares with a fixed dividend. The STRC paper offers an annual yield of 11.5% and is intended by the company…

Hub International Quietly Preps A US IPO Finimize Source link

A local man is preparing to cycle from Land’s End to John o’Groats in support of the Dylan Rich Legacy Fund.Mark Pearson has been planning to take on the LEJOG challenge for a few years and has decided that this is the year to do it. His route will see him travel by van from Nottingham to Land’s End, before cycling to John o’Groats and then returning to Nottingham.The challenge will involve around 1,000 miles on the bike and 900 miles in the van, with the aim of completing it all within 21 days.He has chosen to raise funds for…

Onex Partners, TriWest Capital Partners, and co-investors have agreed to acquire AirSprint, Canada’s largest fractional private jet ownership company.Air Sprint Onex Partners, TriWest Capital Partners, and co-investors have agreed to acquire AirSprint, Canada’s largest fractional private jet operator. Terms of the deal were not announced. The acquisition, in which founder Judson Macor and CEO James Elian will retain a stake, is expected to close in the third quarter. Based on fractional and charter flight hours, AirSprint ranks eighth among North American operators. Onex Partners has invested $22 billion across six funds, acquired 53 operating company platforms, and completed more than…

Sail Research announced that it has raised $80 million in Seed and Series A funding at a $450 million valuation. The company is building infrastructure purpose-built for long-horizon AI agents. The Series A round was led by Kleiner Perkins, and the Seed round was led by Sequoia. Additional investors included Redpoint Ventures, Theory Ventures, Vine Ventures, CRV, A*, and Abstract Ventures. Angel investors included John Hennessy, chairman of Alphabet; Lip-Bu Tan, CEO of Intel; and Tri Dao, Chief Scientist at Together AI. Sail Research is focused on the next generation of AI agents that can work autonomously on complex tasks…

On-Demand Liquidity is Ripple’s flagship use of $XRP, a way to settle cross-border payments in seconds without banks pre-funding accounts around the world. This guide explains how it works, the trapped capital it frees, and why its own stablecoin now competes for the job. Table of Contents The problem ODL was built to solve What On-Demand Liquidity actually is A worked example: a payment through ODL Why $XRP is used as the bridge What ODL unlocks: freeing trapped capital ODL, RippleNet, and Ripple Payments The stablecoin question Risks and limits to understand Frequently Asked Questions On-Demand Liquidity, usually shortened to…