To The Moon

17 IPOs are slated to raise $9.1 billion in this week, led by long-awaited Chinese ride-hailing giant $DiDi Global Inc.$.DiDi plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue more than double in the 1Q21 as its business recovered post-pandemic.New and existing investors intend to purchase $1.3 billion of the IPO.Cybersecurity platform $SentinelOne, Inc$

Fisker was higher after it said it signed an agreement under which Magna International, the mobility technology company, would produce its electric vehicles.As part of the partnership, Fisker's all-electric Ocean SUV is expected to start production at the Aurora, Ontario, company's facility in Graz, Austria, starting Nov. 17, 2022."From the start of this partnership, Fisker and Magna aligned very quickly on the importance of delivering a high-quality vehicle on time," Chief Executive Henrik F

Oracle shares fell more than 4% in pre-market trading. OracleORCL,-1.19%on Tuesday reported fourth-q