Bullish Buys Equiniti for $4.2B to Tokenize Shareholder Services
Bullish agreed to acquire Equiniti for $4.2B, combining a crypto exchange with a transfer agent serving 3,000 issuers and $500B in annual payments.
capital markets
Micron’s Best Week Since 2008 Ignites AI Chip Capital Markets
Micron surged 15.5% in its biggest week since 2008 as AI memory demand booms. Here is what it means for CHIPS Act financing, corporate bonds, and the Cerebras and Quantinuum IPO pipeline.
Convertible Bonds: How Debt and Equity Merge in One Security
Learn how convertible bonds work — coupon, conversion ratio, bond floor, and conversion premium — with plain-English examples and a verified worked illustration.
IG Credit Spreads Near 3-Year Lows as Corporate Borrowers Rush In
Investment-grade credit spreads compressed to 79 basis points in May 2026, near their tightest in over three years, as companies race to lock in cheap borrowing costs.
Fervo Energy Targets $6.5B Valuation in Largest Clean-Energy IPO of 2026
Fervo Energy prices its Nasdaq IPO this week at $21–$24/share, targeting a $6.5B valuation as AI data-center demand puts firm geothermal power in the spotlight.
Google’s $40B Bet Pushes Anthropic Toward $900B Valuation
Google committed up to $40B and Amazon pledged $5B as Anthropic eyes a $50B fundraise at a $900B valuation, marking the most aggressive private-market run-up in tech history.
GameStop’s $56B eBay Bid: Can Ryan Cohen Finance the Deal?
GameStop’s $10.9B company is targeting eBay at $56B. We break down the deal math — and why Wall Street is deeply skeptical about the financing.
Apollo Hits $1 Trillion in AUM as Private Credit Surges
Apollo Global Management crossed the $1 trillion assets-under-management milestone in Q1 2026, posting record fee earnings while private credit reshapes corporate finance.
Norway Hikes to 4.25%: Europe’s Lone Rate Riser in 2026
Norges Bank raised its benchmark rate to 4.25% on May 6, 2026 — the only major European central bank to hike this year — as Norway’s CPI stayed at 3.6%, well above target.
HawkEye 360 Raises $416M in NYSE IPO at $2.3B Valuation
HawkEye 360 (NYSE: HAWK) priced at $26, raising $416M. Revenue surged 74% to $118M and EBITDA turned positive as defense-tech satellite demand accelerates.