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]
Synopsys: Elliot Stake Confirms Attraction, Reiterate Buy
Seeking Alpha· 2026-03-29 14:17
Synopsys (NASDAQ: SNPS ) is a stock I think highly of, having previously assigned it a buy rating. Since my last coverage, the stock has simply put not delivered in terms of price performance. The stock found itself caughtProfessional equity portfolio manager for a boutique buy-side asset manager.My focus is on finding high-quality companies, applying a disciplined approach to valuation and identifying underappreciated opportunities. My goal is to identify opportunities in cash-rich companies with strong ba ...
This ETF Is How You Benefit Massively From a Cheaper Dollar
247Wallst· 2026-03-29 14:17
This ETF Is How You Benefit Massively From a Cheaper Dollar - 24/7 Wall St. S&P 5006,362.40 -2.11% Dow Jones45,108.10 -2.16% Nasdaq 10023,104.20 -2.34% Are you ahead, or behind on retirement? SmartAsset's free toolcan match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.(Sponsor) Russell 20002,443.51 -2.47% FTSE 1009,913.30 -0.46% Nikkei 22551,507.00 -2.23% Inve ...
METC IMPORTANT DEADLINE: ROSEN, NATIONAL TRIAL LAWYERS, Encourages Ramaco Resources, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important March 31 Deadline in Securities Class Action - METC
TMX Newsfile· 2026-03-29 14:17
New York, New York--(Newsfile Corp. - March 29, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ramaco Resources, Inc. (NASDAQ: METC) between July 31, 2025 and October 23, 2025, both dates inclusive (the "Class Period"), of the important March 31, 2026 lead plaintiff deadline.SO WHAT: If you purchased Ramaco 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 a ...
I Demand To Get Paid Monthly Dividends
Seeking Alpha· 2026-03-29 14:15
Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha's top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts ...
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Power Solutions International, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - PSIX
TMX Newsfile· 2026-03-29 14:12
New York, New York--(Newsfile Corp. - March 29, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of securities of Power Solutions International, Inc. (NASDAQ: PSIX) between May 8, 2025 and March 2, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 19, 2026.SO WHAT: If you purchased Power Solutions securities during the C ...
Nvidia Just Announced Hardware for AI Data Centers in Space. Here Are the Very Real Implications.
The Motley Fool· 2026-03-29 14:03
The idea of data centers in space sounds like science fiction, but it's a business concept that Nvidia (NVDA 2.17%) is taking seriously. On March 16, it announced a new computing module that could slowly start to shape the infrastructure needed to turn those ambitions in the space community into more of a reality.We will dive deeper into that announcement, but first, let's set the stage with some context. The reason for data centers in spaceBuilding data centers is becoming an increasingly contentious endea ...
Trump 'pays attention to the stock market': Wall Street eyes signs of TACO amid Iran war
Yahoo Finance· 2026-03-29 14:00
Wall Street is spotting signs of the “TACO” playbook in motion. “Trump Always Chickens Out” — a reference to the president's habit of backing off policies that rattle markets— resurfaced last week when he extended a pause on strikes against Iran's energy facilities to give time for negotiations aimed at reopening the Strait of Hormuz, the region’s critical oil waterway. “From a market structure perspective, this looks very much like a classic 'TACO' dynamic with Trump signaling escalation, then steppin ...
Nike's stock is at 9-year lows ahead of earnings. It faces these questions as doubt grows over its turnaround.
MarketWatch· 2026-03-29 14:00
The sportswear giant has been trying to focus more on the needs of athletes, but analysts say new products aren't catching on. ...
Autozi Internet Technology (Global) Ltd. Receives NASDAQ Notification Regarding Minimum Market Value of Listed Securities
Globenewswire· 2026-03-29 14:00
BEIJING, March 29, 2026 (GLOBE NEWSWIRE) -- Autozi Internet Technology (Global) Ltd. (“Autozi” or the “Company”) (Nasdaq: AZI), one of China’s leading and fastest-growing lifecycle automotive service and supply-chain technology platforms, announced today that it has received a written notification (the "Notification Letter") from The Nasdaq Stock Market LLC (“Nasdaq”) dated March 25, 2026 indicating that the Company is not in compliance with the minimum Market Value of Listed Securities (“MVLS”) of US$50,00 ...