Covers IPO market, investment banks, and private company financings for Bloomberg.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
OpenAI filed confidentially but is in no rush to go public, willing to let Anthropic set valuation benchmarks first; market volatility gives cover to delay, but signals potential concerns about sustaining premium valuation.
Same as Morgan Stanley — co-lead on mega AI IPOs, stock reaction reflects fee timing concerns not franchise damage.
Banks lead on SpaceX, Anthropic, OpenAI IPOs; today's selloff reflects sentiment around delayed fee pipeline, not fundamental credit issues — equity capital markets fees still strong for the year.