π IPO Watch: Figma, Bullish & CoreWeave β Where's the Edge?
Yesterday's V-shaped market rebound gave fresh life to the newest IPOs:
Figma ($77.6) β steady climb as SaaS demand holds.
Bullish ($70.3) β high beta crypto exchange play, moving with BTC/ETH.
CoreWeave ($94.8) β still sliding, shadowing Nvidia's volatility.
π Macro Drivers
Fed Dovish Pivot β lower yields fuel appetite for high-growth IPOs.
AI Cycle β CoreWeave remains tethered to Nvidia earnings (Aug 27).
Crypto Sentiment β Bullish trades as a proxy on Bitcoin ($4.7K).
π― Outlook Next Week
Figma ($FIGM): Range $75β82. Bullish above $82 β room to $88.
Bullish ($BULL): Choppy in $68β74. BTC > $118K could send it past $75.
CoreWeave ($CRWV): Key level $90. Breaks below β risk $85. Hold above β rebound toward $100β105.
β Takeaway
Each IPO tells a different story:
Figma β steady SaaS growth.
Bullish β leveraged crypto sentiment.
CoreWeave β AI cloud tied to NVDA earnings.
High risk, high reward. For now, the $90 level in CoreWeave is the one to watch β it's the pivot that decides whether buyers defend or let it slide further.
I'm not a financial advisor. Trade wisely, Comrades!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- NellyJobΒ·2025-08-25Exciting journey! πLikeReport
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