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OpenAI is preparing one of the most expensive public offerings in history, and one of the world's largest manufacturers of medical devices Medline has applied for a placement with a possible valuation of up to $ 50 billion. In addition, after a long pause is observed a revival of the British IPO market, but so far the dynamics of shares of recently listed companies remains ambiguous. The main events on the IPO market for the week are in our selection.

OpenAI's $1 trillion listing and a rebound in the UK market: highlights of IPOs by Nov. 2

Microsoft Corporation

So, it's happened. After a year of discussions, negotiations and even <a href="https://oninvest.com/article/cukerberg-protiv-al-tmana-kak-delo-openai-raskololo-kremnievuu-dolinu">lawsuits</a>, the leading artificial intelligence developer OpenAI has finally restructured and turned into a commercial company. This will allow its CEO Sam Altman to attract new investments and even go public. It may become the <a href="https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/">largest</a> IPO in modern history.

"Just a normal company" at $1 trillion: How OpenAI is making its way to the stock exchange

Amazon.com, Inc.

Melania Trump - coming soon to all movie theaters nationwide. On January 30, 2026, a documentary about the First Lady <a href="https://www.hollywoodreporter.com/movies/movie-features/amazon-melania-trump-doc-release-date-1236396807/">will be released</a> on US movie screens. It is being produced by Amazon. In addition to theaters, the film will be available on the streaming platform Amazon Prime. WSJ sources say that Bezos's company <a href="https://www.wsj.com/politics/elections/trump-family-election-cash-bonanza-2f5f8714?mod=Searchresults&amp;pos=3&amp;page=1">paid</a> $40 million for the license to show the film, of which at least $28 million <a href="https://nypost.com/2025/02/14/business/melania-trump-to-earn-at-least-28m-in-amazon-deal-report/">will be</a> on Melania's personal account. Oninvest continues the series of materials about how the family of the American president earns on the surname "Trump". In the new issue - business projects of the First Lady of the United States.

Trump Family Corp.: How Melania Trump is capitalizing on her status as U.S. first lady

Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft in Munchen

In a recent article, I <a href="https://oninvest.com/article/ostrovnoj-renessans-10-vin-kipra-kotorye-stoit-poprobovat">mentioned the</a> July fires in Cyprus, which took a huge toll on the entire island. Whole villages were affected, the agricultural sector was severely damaged, including the island's wine industry, which has begun its rise to the world stage.

Winemakers against cataclysms: how they protect their business 

Berkshire Hathaway Inc.

Berkshire remains a net seller of shares and does not buy back its own securities on a dip 

Berkshire's cachet hit a new record. What did Buffett do in the third quarter? 

Novo Nordisk A/S

Eli Lilly and Company

Danish Novo Nordisk will release its quarterly report on Nov. 5.

Novo Nordisk's 5 challenges: what's at the center of investment banks' attention 

NVIDIA Corporation

Apple Inc.

Meta Platforms, Inc.

Alphabet Inc.

Nvidia temporarily surpassed its $5 trillion capitalization for the first time in history and announced partnerships with Uber, Nokia and the U.S. government. Apple's market value rose above the $4 trillion mark for the first time, while Amazon announced it was laying off 14,000 employees and realigning its business around artificial intelligence. Donald Trump and Xi Jingping agreed to a one-year truce in the trade war. About the main events from October 27 to 31 - in our review.

Highlights of the week: Big Tech reporting, US and China agree on a deal, OpenAI thinking about an IPO

Netflix, Inc.

U.S. stocks ended October in the plus. Stock market indices at the end of the month showed the longest growth in the last four years, <a href="https://www.ft.com/content/b78abb32-223a-45b2-a999-133e4273aa52">notes the</a> Financial Times. Investor sentiment was influenced by the excitement around artificial intelligence, the Fed interest rate cut and Donald Trump's decision to ease trade pressure on China.

'Pure bullish optimism': US stocks extended their longest rally in four years

Strategy Inc

Since the beginning of the year, the market value of Strategy sagged by 7%

Three analysts downgraded their forecasts on Strategy after the report. What spooked them? 

Microsoft recorded a $4.1 billion <a href="https://www.microsoft.com/en-us/Investor/earnings/FY-2026-Q1/press-release-webcast">loss write-down</a> in the third quarter related to its investment in OpenAI. This amount was up 490% year-on-year. Bernstein analyst Firoz Valligi estimates that this means that OpenAI's net loss for the quarter could have exceeded $12 billion, as Microsoft's stake in OpenAI was 32.5%, The Wall Street Journal <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-10-31-2025/card/openai-made-a-12-billion-loss-last-quarter-microsoft-results-indicate-e71BLjJA0e2XBthQZA5X?mod=lctimeline_finance">reported</a>.

Record loss: OpenAI could lose more than $12 billion in third quarter - WSJ

Bank of America Corporation

Morgan Stanley

And gold has more than halved in price since the start of 2025

BofA named the best assets to protect against the AI bubble. One of them outperformed the S&amp;P 500 by half

Kongsberg Gruppen ASA

Valuation revisions followed the papers' collapse of 18% in a day

In 24 hours, eight analysts have upgraded their rating on shares of the Norway-based company. What is it?

Getty Images Holdings, Inc.

Shares of the American photo bank Getty Images during the trading on October 31 rose by 59.7% in the moment - after the <a href="https://newsroom.gettyimages.com/en/getty-images/getty-images-and-perplexity-strike-multi-year-image-partnership">announcement of</a> a multi-year licensing agreement with the startup in the field of artificial intelligence Perplexity AI. However, after reaching the peak, the securities began to gradually slow down, and by the time this text was published, their price was up only 4%.

Shares in photo bank Getty Images surge 60% after deal with AI search engine Perplexity

Reddit, Inc.

Shares of social network Reddit jumped nearly 19% in trading on October 31 after reporting revenue that rose by two-thirds and exceeded Wall Street forecasts. In addition, the online forum more than quadrupled earnings per share and gave a stronger-than-expected sales forecast for the current quarter.

Reddit's stock soared 19% after a strong report. Is it worth buying them now?

Chevron Corporation

Exxon Mobil Corporation

Both companies reported record production levels

Exxon and Chevron's profits fell due to lower oil prices. How did investors take it?

The Beachbody Company, Inc.

Investors should consider buying shares of micro-cap fitness and nutrition company the <a href="https://thebeachbodycompany.com/overview/default.aspx">Beachbody Company</a>, which has upside of almost 150%, Noble Capital Markets <a href="https://dashboard.channelchek.com/wp-content/uploads/pdf/BODI_20251028_27773.pdf">said</a>&nbsp;in an initiation report. After several years of declining revenue, analysts believe the company is on the cusp of recovery, helped in part by the "current GLP-1 phenomenon."

Noble initiates on Beachbody Company with 'buy' as beneficiary of 'GLP-1 phenomenon'

Crocs, Inc.

Footwear manufacturer Crocs reported the first decline in sales of its namesake brand in five years. Third-quarter revenue for the Crocs brand fell 2.5% year over year to $836 million, the company <a href="https://investors.crocs.com/news-and-events/press-releases/press-release-details/2025/Crocs-Inc--Reports-Third-Quarter-2025-Results/default.aspx">said</a>&nbsp;in the earnings release yesterday, October 30. It is the first drop since the second quarter of 2020, MarketWatch <a href="https://www.marketwatch.com/story/has-crocs-demand-peaked-sales-just-dropped-and-are-expected-to-keep-falling-8d5a5e37?mod=newsviewer_click_seemore">notes</a>. In the current quarter, the company also expects Crocs-brand sales to decline about 3%.

Crocs sales decline for first time since 2020 and are expected to keep falling

Absci Corporation

Applied Digital Corporation

Innodata Inc.

Relay Therapeutics, Inc.

For small-cap stocks, late summer was a turning point. At Jackson Hole, Fed Chair Jerome Powell signaled that the tight monetary policy was nearing an end. For small caps, whose profitability is especially sensitive to borrowing costs, that implied a reset in expectations. Tech added fuel: a pickup in new contracts to build AI data centers and strong demand for products from leaders such as Nvidia, Oracle, and TSMC reinforced the idea that even smaller tech names can ride the ongoing AI boom.

A rising tide lifts all boats: How tech small caps gained from the AI boom in 3Q25

Krispy Kreme, Inc.

Opendoor Technologies Inc.

Beyond Meat, Inc.

Cracker Barrel Old Country Store, Inc.

In October, short sellers ramped up pressure on small- and mid-cap stocks, <i>Barron’s </i><a href="https://www.barrons.com/articles/short-sellers-small-caps-meme-stocks-06a426a1?st=5FGUar">reports</a>. Short interest in these companies rose to 7.5% from 7.3% in September, according to Melissa Roberts, an analyst with Stephens. For megacaps, it edged down to 1.8% from 1.9%. Roberts flagged healthcare small caps and mid-cap consumer-lending names among the most targeted stocks.

Shorts are coming after small- and mid-cap stocks. Which names are feeling pressure?

Victoria's Secret & Co.

UBS has <a href="https://seekingalpha.com/news/4510219-victorias-secret-rallies-after-ubs-pitches-the-bull-case">upgraded</a>&nbsp;Victoria’s Secret, one of the world’s best-known lingerie retailers, to “buy,” saying the management is capable of restoring sustainable growth after several years of declining sales. The bank’s target price offers 27% upside.

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