A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public. “I’d say that the majority of the companies that are truly pure-play, AI-focused are still mostly financing themselves in the private markets,” Michael Harris, global head of capital markets...
BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published Wednesday (April 3) — that the French carpooling company enjoyed its first profitable year in 2023 following a “pretty rough”...
This year could mark a recovery for the initial public offering (IPO) market. That’s according to a report by Goldman Sachs, cited Sunday (Feb. 11) by Seeking Alpha. “We expect the US economy will continue to grow, the nominal 2-year UST yield will decline modestly,...
So far, 2024 has been something of a mixed bag for high-profile IPOs. The initial public offering (IPO) market flagged in 2022 and 2023, and Wall Street had hoped this year would offer a turnaround. But as Bloomberg News reported Sunday (Feb. 4), two of...
April 16, 2024
Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO). On Tuesday (April 16), the company raised that figure to around $551 million in new paperwork filed with the Securities and Exchange Commission (SEC), with the company planning to […]
April 10, 2024
A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public. “I’d say that the majority of the companies that are truly pure-play, AI-focused are...
April 03, 2024
BlaBlaCar has raised $108 million in credit as it awaits a better IPO market. CEO Nicolas Brusson told Bloomberg News — in an interview published Wednesday (April 3) — that...
February 11, 2024
This year could mark a recovery for the initial public offering (IPO) market. That’s according to a report by Goldman Sachs, cited Sunday (Feb. 11) by Seeking Alpha. “We expect...