Strategists Say the Stock Market Could Struggle This Fall. What to Buy Now?
What a year this has been for the markets!Fueled by a torrent of monetary and fiscal stimulus, economic and earnings growth, and a mostly receding pandemic, theS&P 500stock index has rallied 20%, notching seven straight months of gains and more than 50 highs along the way. And that’s on top of last year’s 68% rebound from the market’s March 2020 lows.Tailwinds remain in place, but headwinds now loom that could slow stocks’ advance. Stimulus spending has peaked, and economic and corporate-earnin
12 IPOs: Chinese freight platform Full Truck Alliance(YMM)Healthcare manager Bright Health Group(BHG)Data infrastructure provider Confluent(CFLT) plans Car wash brand Mister Car Wash(MCW)Digital physicians network Doximity(DOCS)Customer experience software provider Sprinklr(CXM) HR platform provider First Advantage(FA) Chinese social networking platform Soulgate(SSR) Digital financial services provider AMTD Digital(HKD)Organ bioengineering company Miromatrix Medical(MIRO) Kidney disease biotech Unicycive Therapeutics(UNCY) Antibiotic biotech Acurx Pharmaceuticals(ACXP)
U.S. IPO Week Ahead: Billion-Dollar Deals Come To Market In A 12 IPO Week
12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio