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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]
Why Investors Are Turning Bullish On Adeia: The Bull Case Explained
Seeking Alpha· 2026-04-01 09:06
The broader technology market has been under pressure due to tariff uncertainty, macroeconomic concerns, and rising rates. Adeia Inc. ( ADEA ) has done the opposite. The stock has increased by ~40% in the last three months, while 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 ...
Iran threatens Nvidia, Apple and other tech giants with attack
CNBC· 2026-04-01 09:03
Iran's Islamic Revolutionary Guard Corps (IRGC) has threatened attacks on a swath of U.S. tech companies with operations in the Middle East, including Nvidia, Apple, Microsoft and Google.The IRGC warned on Tuesday that 18 tech companies would be considered as "legitimate targets" in retaliation for U.S. and Israeli strikes on Iran.Attacks on those companies would begin from 8 p.m. on Wednesday, April 1, Tehran time (10:30 am ET), the IRGC said in a post on Telegram translated by Google, warning employees at ...
One of Apple's First Employees Looks Back at 50 Years
Nytimes· 2026-04-01 09:02
In 1976, 14-year-old Chris Espinosa rode a moped to his job demonstrating computers made in Steve Jobs's childhood home. The company has changed a bit since then. ...
Gold (XAUUSD) & Silver Price Forecast: Metals Rebound – Is the 17-Year Price Slide Over?
FX Empire· 2026-04-01 09:01
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted a ...
Calumet, Inc. (CLMT) Soars 12%: Is Further Upside Left in the Stock?
ZACKS· 2026-04-01 09:00
Calumet, Inc. (CLMT) shares soared 12% in the last two trading sessions to close at $35.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33.2% gain over the past four weeks.The surge can be attributed to Calumet, Inc.’s strong focus on providing cleaner, high-value fuels from both petroleum and renewable feedstocks and continued strong regulatory support for domestic agricultural and biofuels. CLMT operates through three segme ...
Nike stock crashes to lowest price since 2015; Here's why
Finbold· 2026-04-01 09:00
Nike (NYSE: NKE) stock is down more than 9% in pre-market trading on Wednesday, April 1, hovering around the lowest levels in more than a decade following a mixed earnings report.The athletic apparel company reported fiscal third-quarter earnings per share (EPS) of $0.35  and $11.3 billion in revenue, topping Wall Street expectations of $0.29 cents and $11.23 billion, respectively. While the results alone might appear solid, investor sentiment shifted when CFO Matthew Friend said that fiscal fourth-quarter ...
Scorpio Gold Drills 40.23 Metres Grading 1.02 g/t Gold, from 195.68 Metres at Black Mammoth, a Second 250 Metre Step-Out from Goldwedge, at the Manhattan District, Nevada
TMX Newsfile· 2026-04-01 09:00
 HighlightsHole 25MN-057 returned 1.02 g/t gold over 40.23 metres ("m") from 195.68 m, including 2.09 g/t gold over 13.26 m from 209.09 m; 0.63 g/t gold over 11.34 m from 262.74 m; and 0.78 g/t gold over 12.92 m from 293.71 m at Black Mammoth.Hole 25MN-056 returned 2.13 g/t gold over 4.91 m from 41.72 m at Iron Queen.Hole 25MN-058 returned 4.29 g/t gold over 3.55 m from 64 m; 21.8 g/t gold over 1.05 m from 91.44 m; and 0.82 g/t gold over 7.28 m from 150.91 m at Iron Queen.Vancouver, British Columbia--(News ...
Intelligent Protection Management Corp. Enters into Strategic Collaboration with MASORI Therapeutics
Accessnewswire· 2026-04-01 09:00
IPM to offer "MASORI GO" to clients to facilitate seamless integration with workflows and tools to accelerate development and engagement JERICHO, NY / ACCESS Newswire / April 1, 2026 / Intelligent Protection Management Corp. ("IPM," "we," "us," "our" or the "Company") (NASDAQ:IPM), a managed technology solutions provider focused on enterprise cybersecurity and cloud infrastructure, announced today it has entered into a strategic partnership with MASORI Therapeutics ("MASORI"), an advanced artificial intelli ...
Credo: Strong Fundamentals Vs. Market Noise - Time To Bridge The Gap
Seeking Alpha· 2026-04-01 09:00
AI infrastructure encompasses not only leading-edge chips but also the "connective tissue" within data centers, such as cables and connection technologies that enable high-speed data transmission. In my previous research on Credo Technology Group Holding Ltd (My professional journey in the investment field began in 2011. Today, I combine the roles of an Investment Consultant and an Active Intraday Trader. This synergistic approach allows me to maximize returns by leveraging deep knowledge in economics, fund ...