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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]
PLUG DEADLINE ALERT: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Plug Power Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 3 Deadline in Securities Class Action - PLUG
TMX Newsfile· 2026-03-28 22:24
New York, New York--(Newsfile Corp. - March 28, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Plug Power Inc. (NASDAQ: PLUG) between January 17, 2025 and November 13, 2025, inclusive (the "Class Period"), of the important April 3, 2026 lead plaintiff deadline.SO WHAT: If you purchased Plug Power securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. ...
Oracle stock dividend under threat amid massive AI push
Yahoo Finance· 2026-03-28 22:07
Oracle stock has been volatile in recent months. Shares of the cloud titan rose from $85 in January 2023 to an all-time high of $346 in September 2025. Down 58% from all-time highs, Oracle (ORCL) stock is currently valued at a market cap of $411 billion and trades at $139. While ORCL is under pressure, its revenue is growing faster than it has in over 15 years. Artificial intelligence contracts are piling up. And Wall Street is paying close attention. But there's a number that income investors can't ig ...
Toronto-Dominion Bank Conference: TD Touts Record Card Sign-Ups, Deposit Gains, NIM Upside Ahead
Yahoo Finance· 2026-03-28 22:04
Looking ahead, Mehta said TD has driven several quarters of sequential RESL origination margin expansion, which she expects to “start to accumulate” as volume builds and lower-margin cohorts roll off. She said she is optimistic about “the back half of this year” for potential NIM expansion, while emphasizing that the outlook depends on competitive dynamics and other variables. She also discussed the trade-off between higher rates and growth, saying rising-rate environments have generally been accretive to T ...
SAN Investors Have Opportunity to Join Banco Santander, S.A. Fraud Investigation with the Schall Law Firm
Businesswire· 2026-03-28 21:44
LOS ANGELES--(BUSINESS WIRE)---- $SAN--SAN Investors Have Opportunity to Join Banco Santander, S.A. Fraud Investigation with the Schall Law Firm. ...
Could Investing $10,000 in NOBL Make You a Millionaire?
The Motley Fool· 2026-03-28 21:23
Investing in dividend stocks can be a good strategy for people who want to earn income from their stock portfolio. The best high-yield dividend stocks can also deliver strong growth. Though there are no guarantees in investing, some exchange-traded funds (ETFs) investing in dividend stocks, like the ProShares S&P 500 Dividend Aristocrats ETF (NOBL 0.60%), could even make you a millionaire -- if you're a patient, long-term investor. (The term Dividend Aristocrats® is a registered trademark of Standard & Poor ...
BW Investors Have Opportunity to Join Babcock & Wilcox Enterprises, Inc. Fraud Investigation with the Schall Law Firm
Businesswire· 2026-03-28 21:21
LOS ANGELES--(BUSINESS WIRE)---- $BW--BW Investors Have Opportunity to Join Babcock & Wilcox Enterprises, Inc. Fraud Investigation with the Schall Law Firm. ...
Markets Edge Toward a Critical Inflection Point
Mott Capital Management· 2026-03-28 21:20
FreeSubscribe to receive this daily commentary directly in your email Please leave this field empty If you enjoy it and find my content helpful, I am running a special 20% off discount on my Navigating The Market subscription service on the annual plan, marking it down to $600 from $750. I provide detailed videos like the one attached in today’s write-up, 5 days a week for members, along with the key highlights, charts, a glossary, and a transcript.Key TakeawaysToday’s complimentary article and every Satu ...
Jim Cramer Says Stocks Like Generac (GNRC) “Make a Ton of Sense to Own Right Here” in Theory
Yahoo Finance· 2026-03-28 21:17
Generac Holdings Inc. (NYSE:GNRC) was featured on Mad Money as Jim Cramer shared his take on the stock amid a sliding macro environment. Cramer discussed the stock’s price action and the reasons behind it, as he stated: Generac stock is more quizzical. Generac, the company that makes backup generators, is going great guns. It’s always had a strong residential business because of the debilitated electric grid and the increasingly erratic weather. Sure, the residential business struggled last year with rates ...
Jim Cramer Provides the “Bear Case” for Paychex, Inc. (PAYX)
Yahoo Finance· 2026-03-28 21:15
Paychex, Inc. (NASDAQ:PAYX) was featured on Mad Money as Jim Cramer shared his take on the stock amid a sliding macro environment. Cramer highlighted the CEO’s thoughts on the company as he said: I’m calling it the macro morass. That’s what we’re experiencing right now with so many not-so-hot stocks of very good companies. Case in point, two companies that we heard from during yesterday’s show, Paychex and Generac. Let’s take them one at a time so I can show you how the macro morass affects you and me. Joh ...