article thumbnail

After $43B valuation, Databricks acquires data replication startup Arcion for $100M

TechCrunch: M&A

Databricks has remained a hot startup at a time when interest from investors has cooled across the ecosystem. Just last month the company raised $500 million at an eye-popping $43 billion valuation. That would be big money anytime, but especially in the current fundraising climate.

Valuation 274
article thumbnail

Apple approaches $4 trillion valuation as investors bet on AI momentum

Global Banking & Finance

By Shashwat Chauhan and Medha Singh (Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

TechCrunch: M&A

Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with the support of investors has opted to remain independent, the person said. Wiz’s […] © 2024 TechCrunch. All rights reserved. For personal use only.

article thumbnail

Robinhood acquires credit card startup X1 for $95M

TechCrunch: M&A

X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. The company announced its most recent raise of $15 million in December, when it also touted a 50% boost in its valuation.

Valuation 300
article thumbnail

Investing in or Acquiring a Digital Assets Business? Watch Where You Step – Maximizing Value and Managing Risk in Digital Assets M&A (Part 1)

JD Supra: Mergers

As applications and use cases for digital assets and their blockchain infrastructure grow and become more sophisticated, investments and valuations for businesses in these areas have grown as well. The growing number of opportunities have attracted a diverse group of investors and lenders.

article thumbnail

Steer clear of Apple ahead of earnings, tech investor Dan Niles says

CNBC: Investing

Tech investor Dan Niles said Apple's troubling fundamentals don't justify its valuation on a longer-term basis.

Investors 108
article thumbnail

International stocks offer a host of opportunities for investors, says Schwab’s Jeffrey Kleintop

CNBC: Investing

Charles Schwab's chief global investment strategist believes low valuations for European stocks has created an attractive entry point for investors.

Investors 117