eToro Group Ltd.

Klarna

Navan, Inc.

The company raised $923.1 million and will list on the Nasdaq

Israeli business-travel firm Navan goes public in U.S., trading opens

Alphabet Inc.

Meta Platforms, Inc.

Microsoft Corporation

China and the U.S. have agreed on a trade deal that includes a reduction in some duties. Alphabet reported record revenue of $102.4 billion and Google Cloud division grew 34%, becoming the main beneficiary of the AI boom. The IPO of ChatGPT chatbot developer OpenAI could take place in 2026 and bring its valuation to $1 trillion. These and other topics are covered in our review of key events for the morning of October 30.

Highlights for the morning: Alphabet and Microsoft records, US-China deal, OpenAI IPO

The completion of OpenAI's restructuring allows the ChatGPT developer to pursue an IPO that could take place as early as 2027, sources <a href="https://www.wsj.com/tech/ai/openais-promise-to-stay-in-california-helped-clear-the-path-for-its-ipo-3af1c31c?mod=hp_lead_pos2">told</a> The Wall Street Journal. Negotiations are still preliminary, they said, and OpenAI could float shares later in 2027 or not at all.

OpenAI could have one of the largest IPOs in history in 2027 - WSJ

MapLight Therapeutics, Inc.

MapLight raised $259 mln by using a shutdown workaround, the first company to do so

Novo-backed schizophrenia drugmaker MapLight Therapeutics debuts on Nasdaq


NVIDIA Corporation

OpenAI's competitor Cohere, in which Nvidia has invested, intends to launch an IPO in the US soon. Unilever, one of the world's largest FMCG producers, faces the risk of postponing the planned November IPO of its ice cream business due to the US shutdown. American electric car manufacturer Rivian will pay $250 million to shareholders accusing it of fraud in the initial public offering. The main events on the IPO market during the week are in our selection.

Listing of OpenAI competitor, Unilever and the Rivian trial: What's important about the IPO by Oct. 26

thyssenkrupp AG

In contrast, the capitalization of parent Thyssenkrupp declined by 20%

Shares of the largest non-nuclear submarine maker soared 78% in debut trading

Pony AI Inc.

GE Aerospace

Electric airplane developer Beta Technologies and Japanese QR payments market leader PayPay are preparing major IPOs at the end of the year in New York, despite the U.S. government shutdown. LG Electronics' Indian subsidiary LG Electronics outperformed its parent company in terms of capitalization after rising one and a half times on the first day of trading. IPO candidates in the U.S. have no more than four weeks left to go public in 2025 - due to the shutdown, holidays and financial reporting requirements. See our selection of the week's top IPO news.

Electric planes from Beta, payments from PayPay and LG in India: What's important about the IPO by Oct. 19

Samsung Electronics Co., Ltd.

LG Corp.

Silver broke through an all-time high of $53 an ounce amid liquidity shortages in London and investors fleeing to safe-haven assets. Samsung posted its biggest profit in three years thanks to hype around AI chips. LG Electronics India shares jumped 50% on the first day of trading after a record offering. These and other topics - in our review of key events by the morning of October 14.

Highlights for the morning: silver on the cusp, Samsung's record profits and LG's debut in India 

Alliance Laundry Holdings Inc.

Phoenix Education Partners, Inc.

Europe saw its largest IPO since 2022: security company Verisure floated its securities and they jumped 21% in early trading. Leading laundry equipment maker Alliance Laundry successfully debuted in New York after an $826 million offering. Nasdaq has recently become a favorite platform for IPOs of "penny stocks" and, despite criticism, continues to approve such listings, according to The Wall Street Journal. The main IPO market news for October 12 - in our selection.

Europe's largest listing since 2022 and criticism of Nasdaq: What's important about the IPO by October 12

The Wisconsin-based manufacturer, which has a 40% North American market share, will use the proceeds to repay debt and fund expansion

Alliance Laundry, leading commercial washer and dryer producer, to debut on the NYSE


Phoenix Education is debuting on the NYSE under the ticker PXED

University of Phoenix owner raises $136 million in IPO, shares to start trading

Fermi Inc.

Neptune Insurance Holdings Inc.

Chip developer Cerebras, which competes with Nvidia, has withdrawn its IPO application days after a new funding round. European security company Verisure will next week launch Europe's biggest IPO since the start of 2025. Shares in Trump's would-be nuclear power plant operator soared in debut trading in New York. The British cabinet is preparing to abolish a trading tax on shares of newly listed companies to revitalize London's listing market. The main events on the IPO market during the week are in our selection.