Three analysts remain bullish on Meta after the company announced plans to raise $95 billion through equity financing, though they raised questions about the company’s growing investments in artificial intelligence (AI), Seeking Alpha reported Monday (Oct. 26). Wells Fargo maintained an Overweight rating and $995 price target...
Cryptocurrency company RedotPay is considering filing for a confidential initial public offering in the United States by the year’s end, Bloomberg reported Monday (Oct. 26). Hong Kong-based RedotPay, which offers physical and virtual cards for crypto transactions, has been in deliberations and regulatory troubles for...
Food startup Wonder has reportedly set its sights on going public amid wider expansion plans. As CNBC reported Sunday (Oct. 25), the company is also eyeing an “aggressive” expansion in Texas and a subscription program that allows diners to operate their own “restaurants.” Launched in...
Cognitive Credit, a provider of specialist data, infrastructure and artificial intelligence solutions for global corporate credit markets, secured a $40 million strategic growth investment to accelerate its commercial expansion in the United States and build its next generation of products, the company said in a...
Financial technology firm Coast announced in a Thursday (Oct. 22) press release that it has raised $35 million in a new growth equity funding round to expand its payment and expense management platform built for physical economy businesses. Thomvest Ventures led the growth round. New...
Anthropic could make its IPO paperwork public as soon as Friday (Oct. 23). That would move the Claude developer one step closer to what could be the largest stock market debut ever. The deal is also a major test for the AI boom, as investors...
Financial infrastructure company Mural said it has raised $15 million in new funding. The Series A financing round will support the firm’s global expansion and investments in the regulatory and payments infrastructure needed to scale agentic finance, Mural said in a Tuesday (Oct. 20) news...
U.S. stock exchanges are preparing to extend trading to 23 hours a day, five days a week, creating new opportunities for investors while requiring financial firms to adapt their technology, risk controls and overnight operations. The Securities and Exchange Commission (SEC) has conditionally approved expanded...
Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a range of $16 billion to $19 billion, Bloomberg News reported...