IPO giants are back on the menu

IPO giants are back on the menu

Pending IPOs from SpaceX, OpenAI, and Anthropic are reviving memories of the biggest public debuts in market history. One top strategist went back through the 10 largest IPOs ever and tracked how they actually performed in the months and years that followed. Benzinga's Stock Whisper Index adds five new picks that investors are quietly watching but not yet talking about.

Gobble's Take: When the IPO rumor machine gets this loud, the hottest trade is usually just the noise itself.

Source: Perplexity Search (community news)

War, oil, and the market's favorite contrarian shrug

Hostilities with Iran kicked off at the end of February, and the S&P 500 dropped fast and hard through the first month of the conflict. Since March 30th, the market has rallied to new record highs — the economy held together, aggregate profits stayed resilient, and AI excitement kept ballooning. The old maxim "buy on the cannons, sell on the trumpets" frames it neatly: panic creates the discount, relief does the rest.

Gobble's Take: Markets love a scare story — right up until they love the rally that follows even more.

Source: Perplexity Search (community news)

In Case You Missed It

Yesterday's top stories:

• Broad recovery, real participation — the tape finally let more names run
• Leadership held, the winners kept winning, and the bull case is still leaning on that fact
• Markets got a holiday — the world didn't