Daily Management Review
Business & Finance

Ventilation systems supplier Madison Air to raise up to $2.2 billion in US IPO

Madison Air, a supplier of ventilation and filtration systems, has submitted a request for an initial public offering (IPO) to the US Securities and Exchange Commission (SEC), according to Bloomberg, which references documents. Madison Air is providing 82.7 million shares to investors priced...

Bloomberg: SpaceX plans IPO with value of over $2 trillion

SpaceX, led by Elon Musk, is getting ready for an initial public offering (IPO) that could achieve a historic valuation surpassing $2 trillion, according to Bloomberg's sources. SpaceX and its consultants are negotiating this amount with prospective investors before a roadshow scheduled for the...

2PointZero to acquire US-based Traverse Midstream for $2.25 billion

The UAE-based investment company, 2PointZero Group PJSC, has reached an agreement to purchase Traverse Midstream Partners LLC, a US-based company, for a total amount of $2.25 billion. According to 2PointZero, the transaction will be finalized once the required regulatory approvals are received....

Nvidia's printed circuit board supplier considers $2 billion Hong Kong IPO

Chinese printed circuit board maker Victory Giant Technology is contemplating a share listing on the Hong Kong Stock Exchange, as reported by Bloomberg, referencing sources close to the talks. The agency reports that Victory Giant is assessing investor interest for a possible IPO, which might...

Arm's ADRs add 17% after the company's first chip presentation

Arm Holdings, a British company that makes processor technology, which is mostly owned by Japan's SoftBank Group, showed off its first chip at the Arm Everywhere conference. After that, Arm's American Depositary Receipts increased by 17% during trading, according to Reuters. The Arm AGI central...

Barclays raises S&P 500 end-2026 forecast to 7,650

Analysts from Barclays Bank have updated their prediction for the S&P 500 index, increasing their estimate for the end of 2026 from 7,400 to 7,650. The bank stated that a big increase in company profits, especially in tech businesses, along with strong economic growth, will be more important than...

Xiaomi's quarterly net profit falls by 27%

Xiaomi, the maker of consumer electronics and electric vehicles, experienced a 27.3% decrease in its net profit during the fourth quarter of 2025. This decline comes as the company keeps investing into producing vehicles. Xiaomi's net profit for the October to December period amounted to 6.54...

Atlas Air places largest-ever freighter order from Airbus

Atlas Air Worldwide Holdings Inc., a leading global air cargo operator, revealed its biggest order for new planes, intending to expand its business further. The airline is set to acquire 20 A350 freighters from Airbus, with the possibility of acquiring 20 additional ones, Chief Executive Officer...

Netflix to pay up to $600 million for Ben Affleck's AI firm

American streaming service Netflix Inc. has purchased InterPositive, a company that focuses on AI technologies used in making movies. The exact amount of the deal was not made public, but according to Bloomberg, which is quoting reliable sources, Netflix is expected to pay as much as $600 million....

Honda downgrades fiscal year outlook, may write down up to $15.7 billion

Honda Motor Co. has revised its main financial predictions for the ongoing fiscal year ending in March and now anticipates an operating loss ranging from 270 billion to 570 billion yen ($1.7 billion-$3.6 billion), a decrease from its earlier projection of a profit of up to 550 billion yen, the...
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