Key News
1. SpaceX's IPO was significantly oversubscribed, with multiple institutions submitting orders worth tens of billions of dollars.
Individual Stock News
1. OpenAI confidentially filed its S-1 draft with the U.S. Securities and Exchange Commission for its IPO, but has not yet decided on the timing of its initial public offering.
2. Nvidia CEO Jensen Huang recently praised Qualcomm's (QCOM.O) performance in the mobile device chip field in a public speech and recommended that investors buy Qualcomm stock.
3. Eli Lilly (LLY.N) reached a collaboration and licensing agreement with Swedish pharmaceutical company AlzeCure Pharma, a deal worth over $1 billion, involving global rights to Alzheimer's disease research candidate products.
4. Apple (AAPL.O), Google (GOOG.O), and Nvidia (NVDA.O) are reportedly collaborating to develop the next-generation AI model, Apple Foundation Model Cloud Pro, aiming to achieve both high performance and privacy protection.
5. Apollo Global Management and Blackstone Group (BX.N) finalized a $35 billion Anthropic private credit financing plan.
6. GlaxoSmithKline (GSK.N) announced it has agreed to acquire cancer drug manufacturer Nuvalent for $10.6 billion.
7. AstraZeneca (AZN.O) reported that its oral weight-loss drug elecoglipron helped patients lose 10.5% of their weight in clinical trials.