Warrington in the News Articles: page 2

The SPAC targets trending sectors as AI, crypto, defense, and DeFi soar, with Nvidia, CoreWeave, Palantir, Circle, and Bullish rising fast. Jay Ritter shares his insights.

In this Owl Explains session, Emerson/Merrill Lynch Professor Fahad Saleh unpacks the insights from “Proof-of-Work versus Proof-of-Stake: A Comparative Economic Analysis,” co-authored by Kose John. The paper argues that, under real-world conditions, Proof-of-Stake (PoS) offers higher security than Proof-of-Work (PoW)—primarily due to how environmental costs influence miner behavior, investment and attack vulnerability.

Only a few tech companies have exceeded $100 billion in their U.S. trading debut, a valuation OpenAI and SpaceX have easily surpassed as private companies. Insights from Jay Ritter inform this story.

A new study found that US IPOs are far less underpriced than commonly believed, perhaps by as much as 40%. Data from Jay Ritter informs this story.

Jay Ritter’s insights inform this story about tech startups that long recruited with a simple offer: Join us for a chance at a huge potential payoff in the event of a takeover or initial public offering. Sure, it’s less cushy than a better-paid job at Alphabet Inc.’s Google or Meta Platforms Inc., but many opted to bet on themselves and favored the greater autonomy. But that arrangement is now falling apart, thanks to AI.

The years leading up to retirement are full of decisions. Will you replace your days at the office with traveling, volunteering or lying on the beach with a book? When should you start claiming Social Security? Do you want to pick up a part-time job? And here’s yet another important choice you’ll have to make: whether you’ll relocate and, if you do, where you’ll land. Associate Dean and Lanzillotti-McKethan Eminent Scholar Mo Wang shares insights.

August has traditionally been a quieter time for initial public offerings as bankers head out of the office for summer vacations. But with the stock market and bitcoin climbing to record highs, those bankers are giving up their summer breaks so they can be a part of the hottest IPO market in four years.

“This year there is more activity than normal for an August, partly due to companies such as Bullish not wanting to delay, given the investor enthusiasm for anything crypto-related,” said Jay Ritter, a finance professor at University of Florida who tracks the new-issues market.

Management Communication Center Office Manager Robyn Crawford (MSE ’25) had her business Eden Books, an online romance and women’s fiction bookstore, was featured in a recent Forbes article about e-commerce businesses.

The shares of private equity-backed companies that have done recent initial public offerings are flailing as investors seek out riskier parts of the market. Jay Ritter, professor emeritus at the University of Florida, said that companies majority owned by buyout firms are “more aggressive at trying to get top dollar for the IPO rather than leave money on the table”.