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Ticketplus Ltd. Trading Halted Due to Volatility
Ticketplus Ltd. trading halted, volatility trading pause
Major Averages Broadly Lower as Bond Market Pressure Increases
The major averages were broadly lower as investors assess renewed pressure in the bond market and higher oil prices.The 30-year Treasury yield has climbed back above 5.2%, near its highest level in roughly two decades, as investors worry about rising government debt and persistent inflation pressures. The Treasury moved to double its purchases of longer-dated government bonds, helping yields pull back from their recent highs, although the move does not address the underlying fiscal concerns driving the selloff.Oil is adding to the inflation concerns, with Brent crude rising for a fifth consecutive session as tensions surrounding Iran and the Strait of Hormuz remain unresolved. President Donald Trump vowed "economic warfare" on Iran and penalties for its supporters, as the United Arab Emirates reported it was ceasing trade with Tehran.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Walmartprovided areport for Q2Alibabareportedbut upbeat revenueDeerereportedand narrowed its FY26 net income guidancePresident Donald Trump asked Congress to pass the Clarity Act, arguing the legislation is a top priority for the industry and is critical to keeping the U.S.'s edge in emerging technologies,Anthropic anticipates matching or even surpassing the size of SpaceX'srecord-setting IPO as plans for the AI firm's public debt pick up speed,2. WALL STREET CALLS:BofAEtsyto Buy from NeutralSeaport ResearchAnalog Devicesto Buy from NeutralRBCMerckon 'unprecedented valuation' after vaccine dataAllstateto Underperform from Market Perform at Keefe BruyetteCitiCactusto Neutral on valuation after rally3. AROUND THE WEB:The NFL's Atlanta Falcons are in talks to sell a 10% interest in the team to KKR'sArctos Partners, Bloomberg reportsVirtu Financialis considering a sale of its agency brokerage and technology division, Bloomberg saysYouTubeis offering millions of dollars to popular channels on its platform if they upload videos exclusively to the site for a period of time, Bloomberg reportsOpenAI CFO Sara Friar told employees that the AI lab "will be a public company in 2027," CNBC reportsAustralia recently passed legislation that would force tech giants, including Meta, Google, TikTok, and Microsoft'sLinkedIn, to pay millions if they don't enter commercial deals with local media outlets for news on their platforms, Reuters reports4. MOVERS:Bitdeerincreased in New York after Barclayscoverage of the stock with an Overweight ratingAndersen Groupgained after announcing aWebullwas higher after, with EPS higher year-over-yearCotyfell after RBC Capitalthe stock to Sector Perform following Q4 resultsFluence Energywas lower after GLJ Researchthe stock to Hold5. EARNINGS/GUIDANCE:Advance Auto Partsand raised its outlook for FY26LSI Industries, with EPS and revenue beating consensusTicketplus, with EPS and revenue higher year-over-yearNetEase, with EPS missing consensusNavios Maritime Partners, with EPS and revenue beating consensusINDEXES:The Dow fell 703.84, or 1.32%, to 52,759.21, the Nasdaq lost 263.92, or 1.00%, to 26,067.17, and the S&P 500 declined 66.82, or 0.87%, to 7,641.16.
Major Averages Decline Amid Bond Market Pressure and Rising Oil Prices
The major averages were broadly lower near noon as investors assess renewed pressure in the bond market and higher oil prices.The 30-year Treasury yield has climbed back above 5.2%, near its highest level in roughly two decades, as investors worry about rising government debt and persistent inflation pressures. The Treasury moved to double its purchases of longer-dated government bonds, helping yields pull back from their recent highs, although the move does not address the underlying fiscal concerns driving the selloff.Oil is adding to the inflation concerns, with Brent crude rising for a fifth consecutive session as tensions surrounding Iran and the Strait of Hormuz remain unresolved. President Donald Trump vowed "economic warfare" on Iran and penalties for its supporters, as the United Arab Emirates reported it was ceasing trade with Tehran.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Walmartprovided areport for Q2Alibabareportedbut upbeat revenueDeerereportedand narrowed its FY26 net income guidanceNordsonprovided areport for Q3President Donald Trump asked Congress to pass the Clarity Act, arguing the legislation is a top priority for the industry and is critical to keeping the U.S.'s edge in emerging technologies,2. WALL STREET CALLS:BofAEtsy (ETSY) to Buy from NeutralSeaport ResearchAnalog Devicesto Buy from NeutralRBCMerckon 'unprecedented valuation' after vaccine dataAllstateto Underperform from Market Perform at Keefe BruyetteCitiCactusto Neutral on valuation after rally3. AROUND THE WEB:Virtu Financialis considering a sale of its agency brokerage and technology division, Bloomberg saysYouTubeis offering millions of dollars to popular channels on its platform if they upload videos exclusively to the site for a period of time, Bloomberg reportsOpenAI CFO Sara Friar told employees that the AI lab "will be a public company in 2027," CNBC reportsSeveral women working at L3Harris Technologieshad raised concerns of CEO Chris Kubasik's behavior, including a formal complain to human resources made around 2023 accusing Kubasik of sexual harassment, WSJ reportsAustralia recently passed legislation that would force tech giants, including Meta, Google, TikTok, and Microsoft'sLinkedIn, to pay millions if they don't enter commercial deals with local media outlets for news on their platforms, Reuters reports4. MOVERS:Bitdeerincreases in New York after Barclaysof the stock with an Overweight ratingAndersen Groupgains after announcing aWebull (BULL) higher after, with EPS higher year-over-yearCotyfalls after RBC Capitalthe stock to Sector Perform following Q4 resultsFluence Energylower after GLJ Researchthe stock to Hold5. EARNINGS/GUIDANCE:Advance Auto Partsand raised its outlook for FY26LSI Industries, with EPS and revenue beating consensusTicketplus (TP), with EPS and revenue higher year-over-yearNetEase, with EPS missing consensusNavios Maritime Partners (NMM), with EPS and revenue beating consensusINDEXES:Near midday, the Dow was down 454.85, or 0.85%, to 53,008.20, the Nasdaq was down 259.13, or 0.98%, to 26,071.96, and the S&P 500 was down 34.07, or 0.44%, to 7,673.91.
Ticketplus Reports Revenue of $12.6M, Up 81% Year-over-Year
Reports revenue $12.6M vs. $6.98M last year. "Following our initial public offering in August, we believe we are entering an exciting new chapter for Ticketplus, with the capital and resources to accelerate our growth strategy and capitalize on the significant opportunities ahead," said Chien-Fu Chen, CEO of Ticketplus. "In the first six months of 2026, we sold more through our platform than in all of 2025, grew net profit 151% compared with the first six months of 2025 and generated $8.2 million in cash flow from operations. We believe this combination of rapid growth, expanding margins and operating cash generation demonstrates the scalability of our technology platform and the strength of our business model. Looking ahead, we anticipate significant opportunities to: expand our revenue funnel by entering new geographies and reaching new customers through our white-label ticketing solution; increase revenue and margin per customer across our existing customer base by adding capabilities that enhance their event management operations; and innovate to strengthen our technology and service leadership across Latin America and beyond."
Several Companies Successfully Debut, BlossomHill Therapeutics Opens at $16.08
Several companies made their market debuts in the past week, highlighted by strong demand for new biopharma listings and a rare secondary only bank offering that drew attention for its structure.LATEST IPOS AND DIRECT LISTINGS:BlossomHill Therapeuticsopened on August 7 at $15.75. The company priced 9.375M shares at $16.00. The deal size was increased to 9.375M shares of common stock from 7.8M shares of common stock and priced within the $15.00-$17.00 range. BlossomHill Therapeutics is a clinical-stage biopharmaceutical company applying an intentional, chemistry-based approach to develop innovative small molecule medicines for the treatment of cancer.Latigo Biotherapeuticsopened on August 7 at $21. The clinical-stage biopharmaceutical company committed to developing innovative non-opioid pain medicines priced 19.2M shares at $18.00. The deal size was increased to 19.2M shares of common stock from 16M shares of common stock and priced at the high-end of the $16.00-$18.00 range.Ticketplusopened on August 7 at $7. The company priced 1.875M shares at $8.00. The deal priced at the low end of its $8.00-$10.00 range. Ticketplus is a technology company that operates a proprietary, full-stack technology platform powering live entertainment across Latin America.Braveheart Bioopened on August 6 at $30.20. The clinical-stage biopharmaceutical company developing next-generation therapeutics for hypertrophic cardiomyopathy and other serious cardiovascular diseases priced 21.25M shares at $18.00. The deal size was increased to 21.25M shares of common stock from 18.75M shares and priced above the $15.00-$17.00 range.River City Bankopened on August 6 at $45. The company priced its initial public offering of 2.7M shares of its common stock at a public offering price of $45.00 per share. The offering consists solely of existing shares held by two of the bank's longtime shareholders associated with the family of the bank's founder, Jon Kelly. As a result, the IPO is structured as a 100% secondary offering, with no new shares issued by the bank, River City noted. As of June 30, River City Bank had approximately $6.0B in assets, $4.7B in gross loans, and $5.4B in deposits.Attoviaopened on August 5 at $21.00. The company priced 17M shares at $17.00. The deal size was increased to 17M shares of common stock from 12.5M shares. The deal priced at the top of the $15.00-$17.00 range. All shares of common stock to be sold in the offering will be sold by Attovia. Attovia is a clinical-stage biopharmaceutical company developing next-generation biotherapeutics for immune-mediated diseases with high unmet need.RECENT SPAC IPOS:Pinnacle Acquisitionopened on August 7 at $9.97. Santander and CIBC Capital Markets are acting as joint book-running managers.TCGX Acquisitionopened on August 5 at $10.30. While the company may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus its search on the healthcare and healthcare-related industries, particularly in the life sciences and medical technology sectors.PERFORMANCE:Prices as of 10:45 am ET on Monday, August 10 -BlossomHill Therapeutics – fractionally up at $16.08;Latigo Biotherapeutics – up over 1% at $18.47;Ticketplus – up more than 2% at $7.17;Braveheart Bio – fractionally up at $30.11;River City Bank – fractionally down at $46.76;Attovia – down almost 6% at $19.04;RECENT IPOS TO WATCH:Standard Nuclearand Csquareare already seeing coverage roll out, while QumulusAIis among stocks that could see new coverage this week as the quiet periods for banks that underwrote the companies' IPOs expire.UPCOMING IPOS:Upcoming IPO and direct listings expected include EvoAirand Inspire Brands.Clickto see upcoming IPO calendar on TipRanks.EvoAir Holdingshas filed for a firm commitment initial public offering of shares of common stock and anticipates that the initial public offering price of shares will be between $4.00 and $5.00 per share. The company said it will apply to list its common stock on the Nasdaq Capital Market under the symbol "EVOH". EvoAir Group is an emerging green technology focusing on eco-friendly heating, ventilation, air conditioning inventions and efforts in the environmental, social and governance initiatives. The Group is principally engaged in the research and development, manufacturing, sale and marketing of HVAC products for residential, commercial and industrial uses.Inspire Brandsannounced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. Inspire Brands expects to use the net proceeds of the proposed offering to repay outstanding indebtedness under its existing term loan facility and pay offering fees and expenses."Opening Day" is The Fly's recurring series of stories on the latest initial public offerings, their performance, and upcoming IPOs.
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