How an IPO Actually Works: S-1, Bookbuilding, Greenshoe
From S-1 to first trade: how underwriters price an IPO, run the roadshow, use the greenshoe, and why the 7% spread refuses to move.
Bruno M.
Harvey Legal AI Hits $15.5B on $550M Series F Round
Harvey raised $550M at a $15.5B valuation, doubling its worth in six months as Diffusion and Lightspeed co-lead the legal AI unicorn’s Series F.
TSMC August Revenue Jumps 53%: AI Chip Demand Runs Hot
TSMC posted NT$514.8B in August 2026 revenue, up 53.3% YoY and 10.1% MoM. YTD growth hit 39.3% as AI chip demand outstrips supply.
The Cash Flow Statement Explained: CFO, CFI, and CFF
The cash flow statement shows how a company actually generates and spends cash. How to read the three sections, with a worked example from Apple’s FY2024.
Listen Labs Walks $1.5B Round to Weigh $2B Salesforce Sale
AI customer-research startup Listen Labs shelved a $125M Menlo Series C at a $1.5B valuation to chase $2B Salesforce takeover talks — a 67x revenue multiple.
Meta Surges 6.5% on ‘Muse’ AI Agent Debut, Nears $1.7T Cap
Meta jumped 6.5% to $653.69 on Sept. 9, 2026 as Wall Street cheered the launch of Muse, its new AI agent, pushing market cap toward $1.7 trillion.
Oura Files for Nasdaq IPO: $1.2B Revenue, $61M Net Income
Smart-ring maker Oura files S-1 for a Nasdaq listing under ‘OURA’ — with $1.21B in 9-month revenue (+74% YoY), 5M paid members, and $61M in net income. Goldman, Morgan Stanley, JPM lead.
Apple’s Sept 9 iPhone Event: What History Says About AAPL
Apple unveils the iPhone 18 Pro and its first foldable today. Here’s what Q3 results, KeyBanc’s price warning, and 24 past launches say about the stock.
T+1 Settlement: How Stock Trades Now Clear in One Day
T+1 settlement means US stock trades settle one business day after execution. Here’s the mechanics, timeline, and what changed for investors.
Cognition Hits $48B: $2B Series E as Devin Nears $1B ARR
Cognition raised $2B at a $48B valuation, nearly doubling from May’s $26B round as Devin’s ARR climbed from $492M to $900M in four months.