Nasdaq(US:NDAQ) Xin Lang Cai Jing·2025-12-18 12:46Core Insights - Nasdaq expects a significant increase in IPOs next year, driven by several large startups planning to enter the U.S. capital markets in the coming months [1][4] - The prediction indicates a recovery in market confidence for new stock offerings, which are a key indicator of economic health [1][4] - As of December 18, Nasdaq has raised approximately $46.65 billion from IPOs this year, more than doubling compared to the same period last year [1][4] - Nasdaq attracted 22 companies, including Walmart, to switch from the New York Stock Exchange, with a total market capitalization of about $1.2 trillion [1][4] - Despite market volatility due to tariffs and a government shutdown in October, IPO activity has remained strong [1][4] - Nasdaq's global listing business head, Jeff Thomas, anticipates a robust pipeline of IPOs exceeding $1 billion by 2026 [1][4] Market Trends - The U.S. stock market experienced a sell-off in April due to tariffs, which led to a sharp decline in IPO activity [5] - Following the sell-off, the market rebounded, with several notable companies, including Medline, Coreweave, and SailPoint, going public [5] - According to Dealogic, U.S. IPOs have raised $74.7 billion this year, an increase of approximately 80% compared to the previous year [6] - Key indicators such as declining interest rates, high valuations, and rising investor sentiment and consumer confidence suggest a positive outlook for IPOs in the near future [6] - Notable companies like SpaceX, Fannie Mae, and Freddie Mac are expected to enter the U.S. capital markets within the next year [6] - OpenAI is reportedly in early discussions for an IPO, which could become one of the largest in history [6] Nasdaq Developments - Nasdaq plans to submit documents to the SEC to launch all-weather stock trading [3][7]