Kyle Baird / The block:
BitGo closed up about 2.7% at $18.49 per share in its NYSE debut on Thursday, which saw shares jump as much as 36% intraday, after raising $212.8 million in its IPO.— Partner Offers — Quick Take — Investors briefly offered shares well above the IPO price before the market returned near the $18 offering level.
Trending
- The FCC says foreign-made routers and drones can now receive software updates through at least 2029, extending the earlier deadline of 2027 (Michael Kan/PCMag)
- Impressions of the Chinese AI ecosystem after visiting many leading AI labs, and the similarities and differences in LLM work in China and the West (Nathan Lambert/Interconnects AI)
- Dunkin’ Owner Inspire Brands Confidentially Files for IPO
- Trump’s billion-dollar ballroom is sinking fast
- Interviews with Intel CEO Lip-Bu Tan and other executives about the challenges of a turnaround, as well as efforts to instill a sense of urgency within the organization (Ian King/Bloomberg)
- Democrats heading for House victory despite losing New Virginia map
- Satellite images show Philippine construction on two disputed Spratly islands – Radio Free Asia
- The United States and China do not need another dialogue. They need a circuit breaker. – The diplomat

