Klarna and StubHub have postponed their highly anticipated IPOs due to the turbulence in public stock markets following President Trump's recent tariff announcements. Both companies had filed public documents for their IPOs last month and were aiming to raise over $1 billion each. They were scheduled to begin roadshows next week to attract potential investors but opted to hit the pause button instead. Sources indicate that the current market instability played a significant role in their decision. Both firms declined to comment on the situation.