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]
POET Technologies: A Scalable Alternative To Nvidia's Laser Supply Lock-Up
Seeking Alpha· 2026-03-29 10:54
POET Technologies Inc. (POET) is a name that I have been extremely bullish on, rating it as a strong buy in multiple instances over the past year. Recently, POET’s stock has been under pressure as it is down more than 13% over the past month, despite a successful participation at the OFC 2026 conference. During the conference, POET announced a significant partnership with optoelectronics giant LITEON and an expanded partnership with Lessengers; both are for the co-development of 1.6T transceivers. With POET ...
Prediction: These 2 Quantum Computing Stocks Will Soar Over the Next 5 Years
The Motley Fool· 2026-03-29 10:30
Quantum computing is generally recognized as the next big tech investing trend after the artificial intelligence (AI) race is wrapped up. AI spending is projected to continue through at least 2030, which is conveniently the same year that quantum computing technology is expected to achieve commercial viability. However, if you wait until 2030 to start investing in quantum computing, a lot of the gains will already be gone.Although investing in early-stage quantum computing companies is inherently risky, I t ...
Innovative Aerosystems: Strong Buy Despite Growth Headwinds This Year
Seeking Alpha· 2026-03-29 10:17
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Innovative Aerosystems ( ISSC ), previously known as Innovative Solutions and Support, has gained 78.7% since my last report . The stock price reached as high as $30.94 indicating a 157% gain, before retreating to the current price levels. InDhieri ...
Warren Buffett Was Right: These Oil Stocks Are the Safest Bet in an Iran-Rattled Market
The Motley Fool· 2026-03-29 10:02
Warren Buffett made a bold bet on a couple of oil stocks before he retired as Berkshire Hathaway's (BRKA 1.24%)(BRKB 1.33%) CEO earlier this year. His company bought nearly 27% of Occidental Petroleum's (OXY +1.49%) outstanding shares and built a 6.5% stake in oil giant Chevron (CVX +1.70%), making them Berkshire's sixth- and fourth-largest holdings, respectively. Those moves have paid off this year as crude prices skyrocketed due to the war with Iran. Here's a look at why these top oil stocks remain a safe ...
Global Business Travel: A Stock To Watch With Strong Upside Potential
Seeking Alpha· 2026-03-29 09:43
Experienced Equity Research Analyst with a decade of expertise in analyzing US equities. I employ a top-down investment approach, prioritizing company fundamentals and reports to cut through market noise. My focus lies in identifying companies with expansive, high-growth markets, a distinctive product offering or economic moat, and a proven ability to translate revenue into strong cash flow.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and ...
Fed policymakers suggest interest rates could go up or down. The most probable path may be no move at all.
WSJ· 2026-03-29 09:30
Policymakers suggest interest rates could go up or down. The most probable path may be no move at all. ...
Food Mega-Mergers Hardly Ever Work. Could McCormick-Unilever Be Different?
WSJ· 2026-03-29 09:30
Combining with Unilever's food division would remake McCormick into a global powerhouse, but the recent history of Big Food mergers hits a cautionary note. ...
Three Reasons the Stock Market Can Endure the War
WSJ· 2026-03-29 09:30
So far the fall in share prices has been small given the scale of disruption. Here are some of the supports keeping them aloft. ...
PetroChina's 2025 net profit falls 4.5% on lower oil prices
Reuters· 2026-03-29 09:28
PetroChina's 2025 net profit falls 4.5% on lower oil prices | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv An attendant holds a petrol nozzle after refuelling a car at a PetroChina gas station in Beijing, China, March 10, 2026. REUTERS/Florence Lo/File Photo Purchase Licensing Rights, opens new tab Companies PetroChina Co Ltd Follow China Petroleum & Chemical Corp Follow CNOOC Ltd Follow March 29 (Reuters) - PetroChina (601857.SS), opens new tab, , A ...