Risks of a Failed Blockbuster IPO

As we close out 2025, the IPO market is already heating up. And it’s going to get hotter next year, with some major tech IPOs on the horizon. WSJ reporter Corrie Driebusch shares what’s ahead. Plus, WSJ Heard on the Street columnist Dan Gallagher explains why Micron’s blowout results could mean higher prices for anyone buying a new phone or PC next year.

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