Financing

Social media platform X, formerly known as Twitter, is planning to roll out features that allow users to trade and invest directly from the app, according to CEO Linda Yaccarino. What Happened: On Thursday, in an interview with the Financial Times, Yaccarino unveiled the company’s roadmap,...

Goldman Sachs says President Donald Trump's "Big, Beautiful" spending-and-tariff plan would do little to slow a debt load already racing toward levels last seen at the end of World War II, warning that interest costs alone will top $1 trillion next year. In a note to clients, Goldman Sachs...

The clean industrial transition is on a positive trajectory, but still requires considerable funding to reach its full potential – the latest report by the Mission Possible Partnership (MPP) shows. While facing headwinds like geopolitical risks and commodity volatility, eight projects reached Final...

The World Bank has lifted its ban on funding nuclear energy projects in developing countries. Its president, Ajay Banga, announced the decision on Wednesday, opening the door to financing a sector increasingly seen as a solution to meeting demand for reliable, low-emission energy. "While the issues...

American Superconductor Corp. (NASDAQ:AMSC) shares fell sharply on Wednesday after the company announced that it has priced its underwritten public offering of 4,125,000 shares at $28 each, aiming to raise approximately $115.5 million in gross proceeds before expenses. The company intends to use...

United Kingdom-based potash developer Kore Potash has signed a non-binding term sheet agreement with Swiss investment platform OWI-RAMS to secure $2.2 billion in financing for its flagship Kola Project in the Republic of Congo (Congo-Brazzaville). The agreement is a dual-structured funding package...

Charlie Munger once warned that "smart men go broke three ways: liquor, ladies and leverage." Venture capitalist Chamath Palihapitiya admits that the leverage he piled on during the pandemic bull run "almost broke" him. What Happened: Palihapitiya posted the admission on X while quoting the late...

Thoma Bravo has raised $34.4 billion across three funds, marking one of the largest fundraising hauls in recent private equity history. What Happened: According to the Wall Street Journal, the investment giant secured $24.3 billion for its flagship buyout fund. The effort matches its 2022 total and...

ORIC Pharmaceuticals Inc. (NASDAQ:ORIC) released preliminary efficacy and safety data on Wednesday from its ongoing Phase 1b trial of once daily ORIC-944 in combination with androgen receptor (AR) inhibitors in patients with metastatic castration-resistant prostate cancer (mCRPC). Preliminary...

Elon Musk’s brain-interface company, Neuralink, has successfully secured $600 million in new funding, elevating its valuation to $9 billion. What Happened: Neuralink’s valuation surged from $3.5 billion in late 2023, according to Pitchbook, to its current $9 billion status,...

DoorDash, Inc. (NASDAQ:DASH) shares are trading slightly lower on Tuesday. The company is initiating a significant capital raise as part of its efforts to preserve financial flexibility and support future strategic initiatives. The food delivery company has announced plans to issue $2 billion in...

President Donald Trump announced Wednesday he is giving “very serious consideration” to taking mortgage finance giants Fannie Mae and Freddie Mac public, signaling potential privatization of the government-sponsored enterprises. What Happened: In a Truth Social post, Trump said he...

On Wednesday, Telomir Pharmaceuticals, Inc. (NASDAQ:TELO) announced that it had secured $3 million in equity financing through a direct investment by The Bayshore Trust, the company's largest shareholder. The transaction involved the purchase of 1 million restricted shares of the company's common...

Diversified global miner Rio Tinto (NYSE:RIO) has made the next significant step into battery metals, committing $900 million for a 49.99% stake in Chile's Salar de Maricunga, a world-class lithium project controlled by the Chilean state-owned miner Codelco. "We are honoured to be chosen as Codelco...

Artificial intelligence has captured the imagination of virtually every company in the tech world as the technology rapidly becomes more powerful. Perplexity, an AI startup and a potential threat to Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, was valued at $14 billion in its latest...