Finimize

3 days ago | finimize.com | Theodora Lee Joseph

What’s going on here? CATL looks set to host the world’s biggest initial public offering (IPO) this year – but not everyone’s invited to celebrate the occasion. What does this mean? Chinese firm CATL – the world’s biggest EV battery maker – wants to raise between $4 billion and $5.3 billion by listing on the Hong Kong stock market this year. That higher figure includes the use of a “greenshoe”, a common IPO mechanism that lets underwriters sell more shares than planned if there’s enough demand.

4 days ago | finimize.com | Russell Burns

Tariffs, tariffs, tariffs. Nearly every major firm is talking about them – 93% of S&P 500 companies have mentioned tariffs on their latest quarterly calls, and 87% have talked about the uncertainty they’ve created for the outlook. And when Walmart throws open its books this week and gets into the details, it’s what folks will be listening for.

6 days ago | finimize.com | Russell Burns

What’s going on here? Representatives for China and the US will meet in Switzerland this weekend – and once they’re done with chocolate and mountains, they’ll crack into the frostier topics of tariffs and trade. What does this mean? Both countries are coming in with long lists of grievances, so no one’s expecting this weekend to end with a clean resolution. America, for its part, wants looser trade restrictions on certain mineral exports and stronger cooperation from China on its fentanyl crackdown.

6 days ago | finimize.com | Russell Burns

What’s going on here? Coinbase scored the crypto industry’s biggest-ever deal, seducing Deribit – a United Arab Emirates-based crypto derivatives exchange – with a $2.9 billion takeover deal. What does this mean? Coinbase will front $700 million in cash and pay the rest of the deal in shares – 11 million of them. That’s a lofty price, but it’s a small fee for potential world domination. Coinbase is the biggest crypto trading marketplace in the US, but it doesn’t have as strong a presence elsewhere.

6 days ago | finimize.com | Theodora Lee Joseph

​Every so often, an old idea finds new relevance. And that, my friend, is what should happen with scuttlebutt. See, long before online algorithms scraped regulatory filings or fund managers trawled alt-data, there were investors like Philip Fisher, walking factory floors and chatting to anyone with a free minute. Fisher popularized the practice in his classic book Common Stocks and Uncommon Profits, borrowing its salty name from the word sailors used for water-cooler gossip (yep: scuttlebutt).