Money in the Market: Can Arm's listing rally the global IPO market?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

The continuously rising fortunes of the Magnificent Seven group of megacap stocks - those with a capitalization or market value over $200 billion - including the likes of Nvidia, Apple, Microsoft, have garnered plenty of attention in the first half of this year. What has driven this rally and is it set to continue through to the end of 2023? The upcoming initial public offering of British chipmaker Arm on the Nasdaq is garnering worldwide attention. It is set to be the biggest offering of the year - could it reignite IPO activity in the tech sector? Furthermore, electric car maker Vinfast has been dominating news headlines with some staggering share price jumps and falls in recent times. What's behind the volatility? On Money in the Market, Emaad Akhtar speaks to Shauraya Bhutani, Co-Founder & Partner, Capital Connect Advisors to find out more.See omnystudio.com/listener for privacy information.