Markets are holding ground, but excitement is bubbling below the surface: IPOs are finding traction again, copper is rallying on supply concerns, and fresh capital is flowing back into AI startups.

After months of lethargy, IPO demand is showing signs of life. A mid-tier biotech firm priced 15% above its range, and a fintech unicorn is lining up for a listing that insiders say could be the year’s biggest. Investor interest in high-growth names appears to be warming up again, a notable shift from recent caution.

Copper prices surged nearly 4% today, fueled by reports of a key South American mine undergoing unexpected maintenance. That sent industrial metals higher across the board, a boon for miners, a question for inflation-linked trades, and a reminder that supply chain risks are never far.

A stealth-mode AI startup just closed a $150 million Series B, despite recent capital pullback. Meanwhile, a SPAC-backed AI cybersecurity company saw its shares climb 22% on renewed deal speculation. The AI funding pipeline is shifting from hype back toward execution, giving investors a resurgence of conviction.

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Volume may be light, but the right moves are happening. IPOs are showing that momentum can return. Copper’s rally is telling us something about industrial demand. And AI is staging a funding comeback. These are the days when the quietest markets make the biggest signals.