On the first trading day of June, U.S. stock futures fell over 0.3%, despite a strong May. Treasury yields rose amid budget concerns, while crude oil prices surged after Ukraine's drone attack on Russian military airports.
Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
Contemporary Amperex Technology Co. Ltd. made a splash in its Hong Kong trading debut, raising a staggering HK$35.7 billion despite facing challenges like a Pentagon blacklist. Shares surged 13% on opening!
In an explosive debut, Newsmax Inc. shares surged by 667% after their initial public offering, trading at $62.27. The conservative media outlet's IPO raised $75 million, attracting significant market attention.