Market choppiness and artificial-intelligence safety fears are throwing what was expected to be a blockbuster fall IPO season into disarray. Oura became the latest company to postpone its initial public offering on Tuesday, citing “uncertainty in the IPO market.” Our reporting shows that the smart-ring maker, which aimed to raise up to $2.2 billion at a roughly $15.6 billion valuation, pulled back after prospective investors balked at the price tag amid broader economic concerns. The delay reflects growing investor caution as volatility and AI-related debates weigh on new listings.

While Oura’s decision is notable, it underscores a broader trend of companies reassessing timing and valuation in uncertain conditions.