Happy Wednesday! The IPO market is roaring back to life with new listings and capital flooding the market at a pace not seen in years. A number of IPOs have already delivered jaw-dropping returns (400%) and don’t appear to be slowing down either. Which opportunities and companies are leading the charge? Read on to find out. 

Also, direct investments by the government have supercharged a once-quiet sector, sending critical metals stocks soaring. Read on to see which companies could be next.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

• ONE FOR THE ROAD

Trump Sparks A 2025 IPO Boom: 5 New Stocks Have Rallied Over 400%

The IPO market is roaring back to life this year with a renewed hunger among investors for fresh, high-growth opportunities. With Wall Street’s risk appetite in overdrive, new listings are flooding the market and capital is pouring in, with 163 companies going public — a 50% increase from last year with still a quarter to go.

Five of these newcomers have already soared more than 400%, surprising even the most bullish analysts on Wall Street. Which names are leading the charge, and are there still opportunities to ride the rally? Read on to find out.

TONIGHT: Matt Maley’s Strategy For Data-Driven Volatility

With Washington gridlock holding back economic data, markets are shifting their focus to earnings, corporate guidance and sentiment. Those signals are moving stocks faster than usual, and the swings are creating both risk and opportunity.

Tonight (Wednesday, October 8) at 6:00 PM ET, Matt Maley will go live to show you exactly how he’s positioning, from locking in quick gains to leaving room for bigger swings when volatility takes hold.

Yesterday: U.S. indexes finished lower Tuesday, with the S&P 500 snapping a seven-day winning streak as political uncertainty weighed on investor sentiment. The Nasdaq was the biggest loser, falling 0.67%, the S&P 500 slipped 0.38% and the Dow was down 0.2%. Hopes for a government funding deal faded after the Senate failed for a fifth time to advance a House-backed bill, raising the risk of a prolonged shutdown. The uncertainty pushed investors toward safe-haven assets, sending gold to a record $4,000 per ounce. Oil prices held steady as markets weighed a smaller-than-expected OPEC+ output increase against concerns of rising global supply. Investors remained cautious ahead of economic data as several key reports are on hold until the government shutdown is over, adding to broader market unease.

On Our Radar: In addition to the FOMC minutes, analysts will be listening to several speeches throughout the day from Fed officials (Musalem, Barr, Kashkari and Goolsbee). On the earnings front, all eyes will be on Pepsico (PEP) and Delta (DAL), which will report earnings before the market opens on Thursday.

Gold topped $4,000 to set another record, while Bitcoin (BTC) plummeted after Monday’s record high. But those weren’t the only things making big moves. Here’s a look at some of the biggest winners and losers on Tuesday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Your Next Big Fintech Breakthrough Starts Here

Looking for your next partnership, investor or spark of inspiration? On November 10, 2025, the Benzinga Fintech Day & Awards returns to NYC to connect the most influential names in financial technology. Meet innovators, decision-makers and investors who are actively shaping the next wave of fintech disruption. From networking, cutting-edge insights and a prestigious awards ceremony — it’s the one fintech event you can’t afford to miss.

On This Day In 2008…

In the midst of the global financial crisis, central banks around the world — including the U.S. Federal Reserve — undertook a rare coordinated effort to cut interest rates simultaneously. This decisive action was designed to calm the rapidly deteriorating financial markets, provide liquidity and boost investor confidence during a period of extreme uncertainty and economic turmoil. Lowering borrowing costs in unison marked one of the most significant collective interventions in modern financial history.

QUOTE OF THE DAY

“It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong.“

— George Soros

Trump Ignites Metal Stock Frenzy — These Names Could Be Next

A sudden wave of federal interest in critical metals has set off a stock market frenzy, sending shares of companies like MP Materials and Lithium Americas skyrocketing.

The Trump administration has triggered a surge of speculation — and now investors are scrambling to predict which company could be next.

Read on for the full story as well as a list of companies that could draw interest.

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