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]

Revenue Growth: FactSet (NYSE:FDS) reported GAAP revenues of $611 million for Q2 2026, a 7.1% year-over-year increase, surpassing estimates.Margin and EPS Performance: Despite a decline in operating margins, adjusted diluted EPS rose by 4.2% to $4.46, while GAAP diluted EPS fell by 4.5% to $3.59.AI-Driven Innovation: FactSet announced a strategic partnership with Finster AI to enhance its AI-driven workflow automation platform, reinforcing its leadership in financial technology.FactSet Research Systems Inc. ...

VolitionRx secured €2 million in non-dilutive funding to advance its Nu.Q product portfolio and regulatory transitions.Recent clinical studies highlight the potential of Nu.Q biomarkers in trauma and lung cancer management.Despite innovative progress, the company reported a net loss of $5.4 million and negative EBITDA of $4.2 million in its latest financials.(AMEX:VNRX) is preparing to announce its quarterly earnings on April 1, 2026. Analysts predict an earnings per share (EPS) of -$0.04, with expected rev ...

(NASDAQ:BIRD) is a footwear company known for its sustainable and innovative sneaker designs. The brand gained popularity, especially among the Silicon Valley crowd, for its eco-friendly wool sneakers. However, after its 2021 IPO, where it raised $348 million, the company faced challenges, including aggressive expansion into physical retail and new product categories. On March 31, 2026, Allbirds reported an earnings per share (EPS) of -$2.35, missing the estimated EPS of -$2.25. The company's revenue was ap ...

TD SYNNEX Corporation (NYSE: SNX) Reports Record Fiscal Q1 2026 Results with Strong Revenue and Profit GrowthRecord Revenue: TD SYNNEX reported revenue of $17.2 billion, up 18.1% year-over-year.Profit Expansion: Gross profit rose 25.5% to $1.25 billion; operating income increased 60.7% to $489 million; net income nearly doubled to $327 million with diluted EPS of $4.04.Non-GAAP Highlights: Non-GAAP gross billings grew 24.4% to $25.8 billion; non-GAAP diluted EPS rose 68.9% to $4.73.TD SYNNEX Corporation (NY ...

BofA Securities upgraded Shake Shack (NYSE: SHAK) to Neutral from Underperform and raised its price target to $101 from $88, with shares rising more than 3% in pre-market trading Tuesday. The firm said recent menu innovation—including offerings such as the Dubai Shake and Korean-inspired items—developed through the company’s structured stagegate process, which evaluates culinary, operational, and financial standards, has contributed to stabilizing same-store traffic following prior declines. Additionally, v ...

TD Cowen downgraded Colgate-Palmolive Company (NYSE: CL) to Hold from Buy and lowered its price target to $85 from $96, with shares declining around 1% in pre-market trading Tuesday. The firm reduced its earnings estimates to reflect increased inflationary pressures expected between the third quarter of 2026 and the second quarter of 2027. These pressures are primarily driven by higher costs for oil-based inputs such as resins, as well as rising tallow prices, which have increased approximately 40% year ove ...

Evercore ISI reiterated its Outperform rating and $750 price target on AppLovin Corp (NASDAQ: APP), citing strong fundamentals despite recent share price weakness. The firm said the stock’s recent negative momentum appears disconnected from underlying business performance and feedback from industry checks. AppLovin is currently trading at approximately 14.6x estimated 2027 EV/EBITDA, near levels seen following prior short reports, which Evercore views as an attractive entry point ahead of first-quarter earn ...

Baird reiterated its Outperform rating and $145 price target on Airbnb Inc. (NASDAQ: ABNB), noting that the stock remains appealing despite near-term volatility. The firm said shares may continue to experience fluctuations due to geopolitical developments in the Middle East and broader travel-related headwinds. However, third-party data indicated that demand trends remained largely in line with expectations through the first quarter. Baird also noted that demand appears to be holding up for the summer trave ...

This is the first time that a loan backed by compute hardware has achieved investment-grade status. ...