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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
ConocoPhillips (NYSE:COP): Strong Financials Amid Rising Oil Prices
Financial Modeling Prep· 2026-04-01 01:14
Resilient Financial Structure: ConocoPhillips requires oil prices only in the mid-$40s to fund capital spending, ensuring stability in volatile markets. Significant Insider Activity: CEO Lance Ryan Michael sold 113,221 shares at $132.71 each but retains a substantial stake, signaling ongoing confidence. Robust Financial Metrics: The company boasts a P/E ratio of 19.81, free cash flow of $7.3 billion, and a debt-to-equity ratio of 0.36, reflecting strong market positioning. (NYSE:COP) is a major player in t ...
NextPlat Corp (NASDAQ:NXPL) Announces 1-for-10 Reverse Stock Split to Regain Nasdaq Compliance
Financial Modeling Prep· 2026-04-01 01:08
Reverse Stock Split: NextPlat Corp (NASDAQ:NXPL) will execute a 1-for-10 reverse stock split, consolidating every 10 shares into one.Share Reduction: Outstanding shares will decrease from over 27 million to approximately 2.7 million, while the ticker symbol remains unchanged.Market Performance: NXPL is currently priced at $0.372, down 21.02% today, with a market capitalization of $10.04 million and a trading volume of 690,229 shares.NextPlat Corp (NASDAQ:NXPL) is a global consumer products and services comp ...
Xtant Medical (XTNT) Reports Strong Q4 & Full-Year 2025 Results: Revenue Up 14%, Positive Net Income
Financial Modeling Prep· 2026-04-01 01:06
Xtant Medical Holdings, Inc. (NYSE American: XTNT) Delivers Strong Q4 and Full-Year 2025 ResultsXtant Medical Holdings, Inc., a medical technology company specializing in biologics and surgical solutions for spinal and orthopedic conditions, reported solid financial performance for the fourth quarter and full year 2025 on March 31, 2026.The company achieved full-year 2025 revenue of $133.9 million, representing a robust 14% increase compared to 2024. In the fourth quarter, revenue reached $32.4 million, up ...
Conagra Brands, Inc. (NYSE:CAG) Earnings Preview: Key Financial Insights and Dividend Commitment
Financial Modeling Prep· 2026-04-01 01:00
EPS and Revenue Decline: Analysts estimate an EPS of $0.40 and revenue of $2.78 billion for the upcoming quarter, representing a 21.6% decline in EPS and a 2.6% decrease in revenue year-over-year. Dividend Stability: Despite earnings challenges, Conagra's Board has approved a $0.35 per share quarterly dividend, highlighting ongoing commitment to shareholder returns. Financial Ratios Signal Caution: Key metrics such as a negative P/E ratio of -76.80 and a current ratio of 0.89 point to profitability and liq ...
Alphabet Inc (NASDAQ:GOOGL) Strengthens AI Video Generation Leadership Amid OpenAI Exit
Financial Modeling Prep· 2026-04-01 00:52
Alphabet's stock surged over 5% after OpenAI discontinued its Sora video generation project, signaling a shift in the competitive landscape. Launch of Veo 3.1 Lite and price reductions for Veo 3.1 Fast highlight Alphabet's commitment to affordable, scalable AI video solutions for developers. Strong financial performance with quarterly revenue growth of 11.3%, gross profit up 11.7%, and operating income up 15.3%, despite a notable increase in debt.(NASDAQ:GOOGL), the parent company of Google, is a major pla ...
Bharti Airtel's Nxtra Data Raises $1 Billion: Global Investors Fuel India's Data Center Boom
Financial Modeling Prep· 2026-04-01 00:41
Nxtra Data, Bharti Airtel's data center arm, secures $1 billion in funding, valuing the company at $3.1 billion.India's data center market is rapidly expanding, with global tech giants and private equity firms investing billions to capitalize on AI-driven demand.Government incentives and projected fivefold growth in data center capacity by 2030 position India as a leading global data center hub.NSE:BHARTIARTL, Bharti Airtel, is a major player in India's telecommunications industry, ranking as the second-lar ...
Apple Inc. (AAPL) at 50: From Near Bankruptcy to $3.7 Trillion AI Powerhouse
Financial Modeling Prep· 2026-04-01 00:36
Apple Inc. (NASDAQ: AAPL) Celebrates 50 Years: From Near Bankruptcy to AI PowerhouseFinancial Strength: In its fiscal Q1 2026 (ended December 27, 2025), Apple generated a record $53.93 billion in cash from operating activities and approximately $51.6 billion in free cash flow. These robust cash flows support heavy investments in AI, silicon development, and shareholder returns.AI Leadership: Apple’s tight control over its hardware-software ecosystem positions it well for artificial intelligence. Analysts, i ...
中国高速传动(00658) - (1) 於二零二六年三月三十一日(星期二)举行的股东特别大会的投票表...
2026-04-01 00:07
(2) 更改核數師; (3) 延遲刊發截至二零二五年十二月三十一日止年度的年度業績及 年度報告; 及 (4) 暫停買賣 中國高速傳動設備集團有限公司(「本公司」)於二零二六年三月三十一日舉行的股 東特別大會(「股東特別大會」)上,股東特別大會主席要求以投票表決方式就二零 二六年三月十二日股東特別大會通告所載全部決議案表決。 香港交易及結算所有限公司以及香港聯合交易所有限公司對本公告的內容概不負責,對其準確 性或完整性亦不發表任何聲明,並明確表示,概不會就因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 (於開曼群島註冊成立的有限公司) (股份代號:658) (1) 於二零二六年三月三十一日(星期二)舉行的股東特別大會的 投票表決結果; - 本公司全體董事均已親身出席股東特別大會 股東特別大會投票表決結果 於股東特別大會當日,本公司已發行股本為1,635,291,556股股份(不含庫存股 份),此乃賦予其持有人權利可出席股東特別大會並於會上就建議決議案投票的股 份總數。概無股份賦予其持有人權利出席股東特別大會並於會上放棄投票贊成各 項決議案。概無股東根據香港聯合交易所有限公司(「 ...
致浩达控股(01707) - 1. 延迟刊发截至二零二五年十二月三十一日止年度的年度业绩2. 可能延...
2026-04-01 00:06
香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Geotech Holdings Ltd. 致 浩 達 控 股 有 限 公 司 (於開曼群島註冊成立的有限公司) (股份代號:1707) 1. 延遲刊發截至二零二五年十二月三十一日止年度的年度業績 2. 可能延遲刊發截至二零二五年十二月三十一日止年度的年報 3. 暫停買賣 本公告乃由致浩達控股有限公司(「本公司」,連同其附屬公司統稱「本集團」)根據 香港聯合交易所有限公司證券上市規則(「上市規則」)第13.09 (2)及13.49 (3)條以及 香港法例第571章證券及期貨條例第XIVA部項下內幕消息條文( 定義見上市規則 ) 而作出。 – 1 – 可能延遲刊發截至二零二五年十二月三十一日止年度的年報 由於延遲刊發二零二五年年度業績,寄發二零二五年年報亦可能相應延遲。可能 延遲寄發二零二五年年報一旦發生,將構成違反上市規則第13.46 ( ...