Companies listing on US exchanges have raised roughly $7.2 billion so far in September, accounting for 56% of the cash raised in global IPOs that priced this month, data compiled by Bloomberg show. While Arm accounts for nearly $4 of every $10 raised this month, a boost in activity around the world suggests a broad-based thawing of conditions, so long as central banks don’t get in the way.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created