July 21, 2024
Fast Food Brands Struggle as Consumer Sentiment Sours
Restaurant stocks have been struggling this summer, though it’s not quite clear why. As Seeking Alpha reported Sunday (July 21), weakening consumer confidence and consumer spending are likely the key...
July 21, 2024
Payments FinTech Ebury Reportedly Planning UK IPO
Santander-owned payments FinTech Ebury is reportedly planning to go public in the U.K. The London-based company is working with investment bankers from Goldman Sachs on the planned $2.5 billion initial...
July 19, 2024
FinTech IPO Index Up 3.8% as Lemonade Surges on UK...
Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the week, and platforms were the...
July 17, 2024
Thai Billionaire Sarath Ratanavadi to Merge Energy and Telecom Empires...
In a move set to reshape the business landscape in Thailand, billionaire entrepreneur Sarath Ratanavadi announced plans to merge his energy and telecom companies into a single entity valued at...
July 17, 2024
Klarna Reportedly Prepping for Possible 2025 US IPO
Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders to advise the Swedish payments...
July 16, 2024
Predictive AI Company SymphonyAI Aims for 2025 IPO
Artificial intelligence firm SymphonyAI is reportedly planning to go public next year. The company, whose predictive and generative AI tools can help financial services firms spot fraud and retail companies...
July 15, 2024
Goldman Sachs Unit Invests in Plaid, Databricks Company Stakes
Venture capital (VC) firm NEA has reportedly created a $540 million continuation vehicle that has drawn as investors Goldman Sachs Group’s alternatives unit, Industry Ventures, Pathway Capital Management and Goanna...
July 15, 2024
China’s Economic Growth Shows Surprise Slowdown
Economic growth in China reportedly fell to its slowest pace in five quarters. The surprise slowdown came as a decline in consumer spending hamstrung an increase in exports, Bloomberg reported...
July 15, 2024
Finance Platform OneStream Aims to Raise $465.5 Million in IPO
OneStream is attempting to raise $465.5 million in an initial public offering (IPO). The cloud-based enterprise finance platform revealed its plans in a filing with the Securities and Exchange Commission...