(The opinions expressed here are those of the authors.)
By Anna Szymanski
June 12 (Reuters) - Every Friday, Reuters Open Interest
(ROI) will provide you with a wrap-up of the financial week that
was with five key charts. We'll highlight major trends - but
also surprising and sometimes overlooked moves.
We've said a lot this week, so now we'll let the data do the
talking.
(1) LOSS LEADER
ANNA SZYMANSKI, ROI Editor-in-Charge: IPOs from loss-making
companies have in the past two years represented an increasingly
large share of total IPO proceeds - amid the rising AI boom -
after equity issuance plummeted in 2022 with the rise in
interest rates. This trend now looks set to kick up a notch with
the blockbuster $75 billion IPO from Elon Musk's SpaceX,
especially with both OpenAI and Anthropic coming down the pike.
Is this simply laying the groundwork for the next technological
era or a sign of overexuberance? Or both? Only time will tell.
(2) END OF AN ERA?
RON BOUSSO, ROI Energy Columnist: OPEC's share of global oil
production has plummeted since the start of the Iran war and the
closure of the Strait of Hormuz. The producer group will likely
find it hard to build back its strength.
(3) NIMBY
MIKE DOLAN, ROI Finance & Markets Columnist: Just one in three
Americans approve of the fast pace of the data-center
construction supporting artificial intelligence and most would
oppose having one built in their own community, according to a
new Reuters/Ipsos poll.
(4) SAFETY LAST
JAMIE MCGEEVER, ROI Markets Columnist: Gold, the classic "safe
haven" hedge against inflation and geopolitical risk, is
tumbling, even as inflation is rising and geopolitical risk
remains sky-high. It is down nearly 30% from its January peak
above $5,500/oz and is on the cusp of breaking below $4,000 for
the first time since November.
(5) COMEBACK
Liquefied natural gas demand in Asia is quietly recovering from
the shock of losing almost 20% of global supply to the Iran
conflict as top buyer China shows signs of returning to the
market. The biggest-importing region is on track for arrivals of
21.83 million metric tons in June, the most for five months and
also up year-over-year, according to data compiled by commodity
analysts Kpler. Asia's LNG imports had dropped to a six-year low
of 18.74 million tons in April after the effective closure of
the Strait of Hormuz halted shipments from Qatar, which shipped
80.9 million tons in 2025.
Opinions expressed are those of the authors. They do not reflect
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