SoftBank's SB Energy files IPO with zero revenue, leans on OpenAI
The data center firm has no operating facilities and no revenue, yet its future hinges on OpenAI contracts. Here's what that means for investors.

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33 briefings · “ipo”
The data center firm has no operating facilities and no revenue, yet its future hinges on OpenAI contracts. Here's what that means for investors.
The fast-fashion giant finally listed in Hong Kong on Tuesday, but investors greeted it with a sell-off. Here's what the debut signals for the company and the broader market.
The fast-fashion giant's weak first-day trading signals waning appetite for high-growth retail listings in Asia.
The fast-fashion giant finally goes public in Hong Kong, but the market's cool reception signals lingering concerns about its business model and regulatory risks.
The fast-fashion giant finally lists in Hong Kong after a years-long quest to go public in New York and London, but the IPO arrives with its valuation and reputation dimmed.
Citigroup projects a $12 trillion market cap for SpaceX, but banks' lofty price targets ignore the company's struggle to reach public-market exit velocity. Here's what the research really says.
The fast-fashion giant once valued at $100 billion is now seeking a listing in Hong Kong at a marked-down price, signaling a sobering turn for the company and its investors.
The fast-fashion giant's Hong Kong debut at a fraction of its 2022 peak cuts founder Sky Xu's net worth to $8B, signaling a shift in investor appetite from e-commerce to AI.
Record cross-border deals flipped loss-making Chinese biotechs to profit, but tightening Big Pharma budgets could slam the funding door shut.
The smart ring maker is reportedly aiming for a September IPO that could value it at over $16 billion - here's what that means for the wearable market and investors.
The fast-fashion giant's long-awaited listing lands at a steep discount to its private-market heyday, resetting expectations for investors and rivals.
In Friday's Wall Street debut, SK Hynix turns AI RAM demand into a $26.5B fundraising moment that rewrites comps.