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]
Humacyte, Inc. (NASDAQ:HUMA) Earnings and Financial Health Insights
Financial Modeling Prep· 2026-03-26 17:00
Humacyte, Inc. (NASDAQ:HUMA) Earnings Preview and Financial AnalysisHumacyte, Inc. (NASDAQ:HUMA) is a pioneering biotechnology company focused on developing bioengineered human tissues aimed at revolutionizing patient care and medical practices. As it prepares to release its quarterly earnings on March 27, 2026, the financial community is keenly awaiting insights into its performance and future prospects.Wall Street anticipates an earnings per share (EPS) of approximately -$0.093 for the period, with projec ...
The Dixie Group, Inc. (DXYN) Q4 and Full-Year 2025 Financial Analysis
Financial Modeling Prep· 2026-03-26 16:06
The Dixie Group, Inc. (OTCQB: DXYN) Financial Performance AnalysisThe Dixie Group, Inc. manufactures and markets carpet and rugs for residential and commercial customers. The company reported its fourth-quarter and full-year 2025 financial results on March 26, 2026, showing modest sales declines but a meaningful improvement in profitability versus the prior year.For the fourth quarter of 2025, net sales were $63.48 million, down 1.4% from $64.33 million in the fourth quarter of 2024. The company reported a ...
China Construction Bank (CICHY) 2025 Earnings Preview & Financial Analysis
Financial Modeling Prep· 2026-03-26 16:00
China Construction Bank (OTC: CICHY) Earnings Preview and Financial AnalysisChina Construction Bank is one of the world’s largest banks and a major provider of corporate, retail, and treasury banking services in China. It competes with other large Chinese state-owned banks such as Industrial and Commercial Bank of China and Bank of China.China Construction Bank has announced that it will publish its 2025 annual results on March 27, 2026, and hold its annual results presentation later that day at 17:30 Beiji ...
Global Superstars The Killers Headline Enhanced Games Closing Event Entertainment
Prnewswire· 2026-03-26 14:36
Global Superstars The Killers Headline Enhanced Games Closing Event Entertainment Accessibility StatementSkip Navigation – Las Vegas-Based Band to Perform Their Iconic Anthems Live – – World Renowned DJ Ruckus Confirmed to Perform a Live Set at "The Official Enhanced Games Afterparty" – NEW YORK, March 26, 2026 /PRNewswire/ -- Enhanced, the elite sports competition and direct-to-consumer longevity products company, announced its entertainment lineup for the inaugural Enhanced Games with the news that ic ...
ZSL: Another Down Wave To Come, Leverage Returns With This ETF
Seeking Alpha· 2026-03-26 14:35
The ProShares UltraShort Silver ETF ( ZSL ) is an inverse leveraged strategy designed to provide investors with exposure to -2x the daily performance of the price of silver. Following a year-long bull run and a rocky start to 2026, I believe investors areMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in profes ...
Can AI Data Center Demand Accelerate ADI's Long-Term Growth?
ZACKS· 2026-03-26 14:35
Key Takeaways Analog Devices' data center and ATE businesses now make up nearly 20% of total revenues.ADI's data center business grew about 50% in fiscal 2025 and accelerated again in Q1 FY26.AI server demand is driving adoption of ADI's power, control and optical connectivity products.Analog Devices (ADI) highlighted data centers as one of its strongest growth areas on the first-quarter fiscal 2026 earnings call. Analog Devices' automated test equipment (ATE) and data center businesses together now make up ...
After Plunging 7.5% in 4 Weeks, Here's Why the Trend Might Reverse for SS&C Technologies (SSNC)
ZACKS· 2026-03-26 14:35
SS&C Technologies (SSNC) has been beaten down lately with too much selling pressure. While the stock has lost 7.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change o ...
NYSE: OWL Lawsuit Notice: Investors in shares of Blue Owl Capital Inc. (NYSE: OWL) should contact the Shareholders Foundation
Prnewswire· 2026-03-26 14:35
<!doctype html> <!-- For structured data --> <!-- For language declaration --> NYSE: OWL Lawsuit Notice: Investors in shares of Blue Owl Capital Inc. (NYSE: OWL) should contact the Shareholders Foundation <!-- Additional Authorable Meta tags --> Accessibility StatementSkip NavigationSAN DIEGO, March 26, 2026 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit is currently pending for certain investors in Blue Owl Capital Inc. (NYSE: OWL) shares.Investors who purchased shares of Blue O ...
Commercial Metals' Blowout Quarter Points to a Broader Turnaround in American Steel
247Wallst· 2026-03-26 14:35
Commercial Metals' Blowout Quarter Points to a Broader Turnaround in American Steel - 24/7 Wall St. S&P 5006,576.90 -0.37% Dow Jones46,583.80 +0.23% Nasdaq 10024,020.00 -0.73% Russell 20002,536.29 +0.07% FTSE 10010,029.60 -0.86% AI Portfolio Follow 24/7 Wall St. on Google This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Nikkei 22553,422.00 -0.82% Stock Market Live March 26, 2026: S&P 500 (SPY) Slips on Oil Again ...