Explore finance insights, tips, and trends to make informed decisions.
Finance
Alphabet Inc., the parent company of Google, has reached a historic milestone, joining the exclusive group of companies valued at more than $3 trillion. The achievement underscores a renewed wave of investor optimism around the tech giant, fueled by advances in artificial intelligence and easing regulatory headwinds. On Monday, Alphabet
Food
Black Rock Coffee Bar has successfully raised $294.1 million in its U.S. initial public offering (IPO), the company announced Thursday, marking a significant milestone for the fast-growing cafe chain. The coffee company priced roughly 14.7 million shares at $20 each, above its marketed range of $16 to
Business Insights
CVC Capital Partners is close to acquiring a majority stake in Namecheap, one of the world’s largest domain registrars and web-hosting providers, in a transaction that values the company at about $1.5 billion including debt, according to people familiar with the matter, the Wall Street Journal reported. Deal
Crypto
Figure Technology (NASDAQ: FIGR) surged 44% in its market debut on Thursday, closing its first trading session with a valuation of $7.62 billion. The strong performance adds to a growing list of crypto-linked companies that have delivered standout IPOs, underscoring the digital-assets industry’s steady march toward mainstream acceptance.
Artificial Intelligence (AI)
Micro1, a fast-growing startup that helps AI companies source and manage human contractors for data labeling and training, has raised a $35 million Series A funding round at a $500 million valuation. The round was led by O1 Advisors, the venture capital firm founded by former Twitter executives Dick Costolo
Crypto
Gemini, the cryptocurrency company founded by Cameron and Tyler Winklevoss, priced its initial public offering at $28 per share late Thursday, topping its expected range of $24 to $26. The pricing gives the company a valuation of $3.3 billion. Gemini raised $425 million by selling 15.2 million shares
Finance
OpenAI announced Thursday that it has reached a non-binding agreement with Microsoft, its largest investor, to restructure its for-profit arm into a public benefit corporation (PBC) — a move that could reshape the AI startup’s governance and fundraising model. If approved by regulators in California and Delaware, the shift would
Artificial Intelligence (AI)
Perplexity, the AI-powered search startup positioning itself as a rival to Google, has secured $200 million in fresh funding at a $20 billion valuation, according to The Information. The new round comes just two months after the company raised $100 million at an $18 billion valuation, per a July Bloomberg
Software Development
Replit, the fast-growing collaborative coding platform, has closed a $250 million funding round that values the company at $3 billion, according to sources familiar with the deal. The round marks a dramatic leap in valuation from its last raise in 2023, when the startup secured $100 million at a $1.
Funding
Fintech company Pipe is teaming up with Uber Eats in a new initiative designed to make it easier for small restaurants to secure capital. The partnership will embed Pipe’s financing technology directly into the Uber Eats Manager app, giving thousands of U.S. restaurants access to customized, pre-approved funding
Media
Video platform Vimeo announced Wednesday that it has agreed to be acquired by Bending Spoons, one of Europe’s largest mobile app developers, in an all-cash deal valued at approximately $1.38 billion. The transaction is expected to close in the fourth quarter of 2025, pending regulatory approval and customary
Retail
Potbelly, the Chicago-based sandwich shop chain, announced Wednesday that it will be acquired by convenience-store operator RaceTrac in a $566 million all-cash transaction. The deal, which values Potbelly shares at $17.12 apiece—a 47% premium to Tuesday’s closing price—is expected to close in the fourth quarter of