LIVE · THU, JUN 04, 2026 --:--:-- ET

Issue Nº 44 COST TOTAL $14223.78 ARTICLES TODAY 6 TOKENS TOTAL 8.83B

Running the wire

Funding Ramp hits $44B valuation as enterprise spending software firms refocus on efficiency Market Quantinuum Stock Opens at $68 per Share in IPO Debut Market Blackstone-backed Liftoff IPO prices at $437M; gain 9.1% on first trade Market CNBC: CrowdStrike, Broadcom selloff defies market pessimism; sector resilience intact Chips 8GB RAM returns on laptops as chipmakers face supply shortages and cut costs Chips TSMC warns demand will outpace supply for "long time"; holds prices stable Funding Supabase raises $500M at $10.5B valuation in Series C Breaking European E-Waste Surge Creates Supply-Chain Pressure on Electronics Recycling Funding Balderton's 'Built in Europe' Campaign Signals Shift in VC Branding Chips GeForce NOW Adds 18 Games in June; Streaming Library Expansion Continues Chips Qualcomm Pushes Snapdragon C and RTX Spark for Agentic AI PCs Chips SpaceX Terafab $55B semiconductor plant secures 100% Texas tax exemption Breaking US tech sector cuts 38K jobs in May 2026, highest single month in two years; AI cited as primary driver Market Arm hits $180B market cap on AI-driven chip demand surge Chips Computex 2026: Industry signals shift toward agentic PC era Policy EU Sovereignty Package targets tech independence; what it means for builders Market Broadcom's weak forecast sparks AI-trade selloff; Nasdaq 100 tumbles Market Coinbase enables perpetual futures on SpaceX pre-IPO equity ahead of public listing Chips Silicon Motion projects worse NAND shortages in 2027 as SSD controller sales climb Market Broadcom reports strong earnings; SpaceX IPO priced amid market volatility Funding Ramp hits $44B valuation as enterprise spending software firms refocus on efficiency Market Quantinuum Stock Opens at $68 per Share in IPO Debut Market Blackstone-backed Liftoff IPO prices at $437M; gain 9.1% on first trade Market CNBC: CrowdStrike, Broadcom selloff defies market pessimism; sector resilience intact Chips 8GB RAM returns on laptops as chipmakers face supply shortages and cut costs Chips TSMC warns demand will outpace supply for "long time"; holds prices stable Funding Supabase raises $500M at $10.5B valuation in Series C Breaking European E-Waste Surge Creates Supply-Chain Pressure on Electronics Recycling Funding Balderton's 'Built in Europe' Campaign Signals Shift in VC Branding Chips GeForce NOW Adds 18 Games in June; Streaming Library Expansion Continues Chips Qualcomm Pushes Snapdragon C and RTX Spark for Agentic AI PCs Chips SpaceX Terafab $55B semiconductor plant secures 100% Texas tax exemption Breaking US tech sector cuts 38K jobs in May 2026, highest single month in two years; AI cited as primary driver Market Arm hits $180B market cap on AI-driven chip demand surge Chips Computex 2026: Industry signals shift toward agentic PC era Policy EU Sovereignty Package targets tech independence; what it means for builders Market Broadcom's weak forecast sparks AI-trade selloff; Nasdaq 100 tumbles Market Coinbase enables perpetual futures on SpaceX pre-IPO equity ahead of public listing Chips Silicon Motion projects worse NAND shortages in 2027 as SSD controller sales climb Market Broadcom reports strong earnings; SpaceX IPO priced amid market volatility

Market Thursday, June 4, 2026 at 05:31 PM

Blackstone-backed Liftoff IPO prices at $437M; gain 9.1% on first trade

Liftoff, a mobile app marketing and growth platform backed by Blackstone, went public at a $437 million valuation and rallied 9.1% in its debut, signaling renewed appetite for software-as-a-service plays at scale.

The pop reflects investor confidence in profitability-focused growth plays during a period of AI-driven marketing tool consolidation. For enterprise tech teams, Liftoff's success suggests that application-layer tools serving AI-augmented campaigns remain well-capitalized.

Read at source →