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KLARNA REVENUE JUMP
Klarna shares crashed 26% after $26 million Q4 loss — here’s what spooked buy now, pay later investorsKlarna shares crashed 26% after $26 million Q4 loss. One year ago, it earned $40 million profit. Revenue hit $1.08 billion — a record high....
Business leaders agree AI is the future. They just wish it worked right nowSince ChatGPT exploded three years ago, companies big and small have leapt at the chance to adopt generative artificial intelligence and st...
US market close: Stocks fall as tech slumps and bitcoin drops below $90,000; Dow sheds nearly 500 points, S&P logs longest losing streak since AugustUS stocks fell on Tuesday as tech shares dropped and Bitcoin went below $90,000. The Dow lost nearly 500 points, and the S&P 500 continued ...
Morgan Stanley stock shoots up after massive Q3 earnings - here's what to trackMorgan Stanley stock surged after the bank reported strong third-quarter 2025 earnings. Net income hit $4.6 billion, or $2.80 per share, fa...
Goldman Sachs September quarter profit jumps 37% as bankers cash in on big dealsGoldman Sachs' quarterly profit jumped more than 37% on Tuesday as its investment bankers earned higher advisory fees and rallying markets ...
StubHub prices IPO at $23.50, raises $800 million, valued at $8.6 billion, ahead of NYSE debutStubHub stock: StubHub's IPO is priced at $23.50 per share. The online ticket platform sold 34 million shares. It raised $800 million, valu...
US stock market rallies to new highs today: Dow hits record, S&P 500 and Nasdaq reach all-time highs as Nvidia and Micron jumpU.S. stocks are holding near record highs today as investors weigh rising inflation, AI-driven tech gains, and mixed economic signals. The ...
Lenskart gets pre-IPO bump; Amazon’s q-comm entryAsset manager Fidelity has marked up Lenskart’s valuation to $6.1 billion as the eyewear retailer gears up an IPO. This and more in today’s...
Chime IPO raises $864 million in long-awaited Nasdaq debut, cuts valuation nearly in half—here’s what it means for fintech’s big revivalChime IPO has officially hit the stock market, raising $864 million by pricing shares at $27, slightly above expectations. Now trading unde...
Scoop: Cred in talks to raise new funds as valuation slips by over 30% to $4 billionFintech startup Cred is in talks to raise $100–200 million at a reduced valuation of around $4 billion, down from $6.4 billion in 2022. Bac...
Cred’s valuation cut; BluSmart ends rideHappy Monday! Fintech startup Cred is in talks to raise new funds at a reduced valuation. This and more in today’s ETtech Morning Dispatch.
CoreWeave disappoints on opening of tradingCoreWeave, the first AI startup to go public, closed its IPO at $40.01 per share, slightly above its offering price. Market concerns over t...
Payments firm Klarna files for $1 billion IPO, targets $15 billion valuationKlarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billi...
Deeptech, AI warm up the tech talk at Slush 2023; and other top tech, startup storiesSlush 2023 saw over 13,000 participants, including 5,000 startup founders and operators, in addition to around 3,000 investors managing a c...
QED, Sequoia and Tiger circle Jupiter; Carlyle, others to dilute stakes in Delhivery IPOIndia's neobanks, like all other tech startups, have been on a roll in 2021.