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The funding brings the financial technology startup’s valuation to $2.3 billion, padding its unicorn status, which Greenlight reached in September of last year......»»

Policymakers are making a big gamble that their extraordinary efforts to stimulate the economy wouldn't send inflation out of control, but one of the biggest bond fund managers says its an open question if their wager will pan out......»»

Defense contractor Lockheed Martin Corp. said Tuesday it had net income of $1.8 billion, or $6.56 a share, in the first quarter, up from $1.7 billion, or $6.08 a share, in the year-earlier period. Sales rose to $16.3.....»»

Western Europe Is Now The World's Largest Investor In Batteries Via Mining.com, In 2020, Fitch Solutions analysts recorded 37 manufacturing projects for EV batteries and related components and materials worth $21.04 billion, for thos.....»»

The region saw $1.6 billion in venture capital funding during the first quarter of 2021, a 164.8% year-over-year increase, according to the report. The Q1 numbers are a continuation of a trend from last year......»»

As more big-time dollars flow to the Cary-based company, it spotlights the Triangle as a hub for innovation ... but it could also make it more difficult, and expensive, for new startups to attract talent, insiders say......»»

Tiger Global Raises its Thirteenth Global Fund of $6.65 Billion (The Economic Times) New York-based investment firm Tiger Global has raised .....»»

Microsoft can monetize AR capabilities and it's "tightening its grip" on deals within the Pentagon, W.....»»

The Mountain View online education company began trading on the New York Stock Exchange with an initial market cap of $4.3 billion, up from the $2.6 billion it was estimated to be worth in a round of funding last summer......»»

HighRadius reached unicorn status — a coveted title given to private firms valued at over $1 billion — in early 2020 after raising a $125 million Series B round......»»

The SPAC increased the size of the offering, selling 120 million units after originally marketing the sale of 100 million shares to investors. Trading information for KKR & Co is displayed on a screen on the floo.....»»

Reid Hoffman and Mark Pincus met as early social networking entrepreneurs nearly 20 years ago and now have raised over $1 billion for SPACs that aim to take promising companies public. Here's a closer look at their careers and their current collaboration......»»

Cannabis e-commerce platform Dutchie has closed a $200-million Series C funding round led by Tiger Global, boosting the Bend, Oregon-based company's valution to $1.7 billion. read more.....»»

Mergers conducted through SPACs are taking a bigger bite of the overall M&A market, according to a citation of figures from Morgan Stanley. Billionaire inves.....»»

Johnson Controls International Plc said Thursday it is raising its share buyback program by $4 billion and increasing its annual dividend to $1.08 a share from $1.04 previously. The new dividend will rise with the fiscal second-quar.....»»

American Airlines is paying debt investors yields of about 5.58% to borrow $10 billion, in a deal that hinges on cooped-up customers booking vacations as the threat of the pandemic recedes......»»

Tech deals and blank-check companies are fueling a surge in mergers and acquisitions.....»»

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

Nvidia Corp. on Wednesday reported that its quarterly revenue blew past last quarter's record-setting sales, as holiday gaming chip demand and renewed interest in cryptocurrency mining met with supply shortages......»»

As of February 2021, miners gain 6.25 bitcoin for every new block mined - equal to about $330,475 based on current value. Bitcoin miners earned a combined $1.1 billion in January. REUTERS/Colm Fulton Bitcoin mining is the pro.....»»