After SpaceX lit the fuse on the IPO market, investors are already asking the next question: who is next? In this episode of Bulls vs Bears, we look at the coming wave of mega IPOs — from AI giants like OpenAI, Anthropic and Databricks to fintech names like Stripe — and ask whether these listings are genuine long-term opportunities or simply a way for private-market insiders to cash out at peak valuations.
Wall Street split down the middle as a fierce sector rotation pulled the Dow to its first-ever close above 52,000 while tech selling dragged the S&P 500 and Nasdaq lower. Oil tumbled below $80 a barrel for the first time since March as markets price in a formal U.S.–Iran peace signing on Friday. The ASX is set to open softer, with futures down 21 points to 8,904.
SpaceX’s first year as a public company isn’t a set-and-forget story. Five catalysts between July 2025 and June 2027 — QQQ index inclusion, Starship Flight 13, two earnings-triggered lockup unlocks, and Elon Musk’s personal lockup expiry — will reshape the tradeable float from 4.3% to 100%. Here’s the bull case, bear case, and our lean on each event.
Markets navigated one of the most dramatic weeks of 2026 — scorching inflation, an Iran peace deal that sent oil plunging, and the SpaceX IPO landing as the largest since Alibaba. CPI hit 4.2%, the Dow broke below 50,000, then Trump’s 12-nation Iran deal reversed everything in a single session. Mark Gardner breaks down what it means for your portfolio heading into the Fed’s first meeting under new Chair Kevin Warsh.
The US and Iran have signed a memorandum of understanding for a 60-day ceasefire extension — not a full peace deal, but enough to send oil plunging to $81 and equities surging to record highs. Mark Gardner breaks down what it actually means for markets, why only one ship has been brave enough to transit the Strait of Hormuz, and whether the insurance companies and ship captains will believe Trump’s Friday reopening timeline.
Trading floors talk in shorthand — every phrase built for speed, forged under pressure. This glossary decodes the slang, the shouts and the proverbs professional traders use daily, from “hit the bid” to “pigs get slaughtered.” Learn what the language really means and how to apply trading floor wisdom to your own portfolio.