Latest in Billion Valuation Tops
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Report: Warriors' $9.14 billion valuation tops NBA
The Warriors' $9.14 billion valuation was tops in the NBA, followed by the Knicks at $8.3 billion and the Lakers at $8.07 billion, according to Sportico.ESPN - 2h -
Smart ring start-up Ōura raises $200mn as valuation leaps to $5.2bn
Finnish company’s growing popularity has led to its sales more than doubling this yearFinancial Times - 2h -
How Vuori reached a $5.5 billion valuation by taking share from Lululemon
Vuori has grown from a no-name brand into a $5.5 billion empire by building a profitable and growing business and taking share from Lululemon.CNBC - 4h -
AMD invests in GPU cloud provider Vultr at $3.5 billion valuation
AMD's investment in Vultr comes after Nvidia backed GPU startup CoreWeave.CNBC - 21h -
SBA to Get $2.2 Billion in Disaster Aid, as Congress Unveils $100 Billion Ahead of Weekend Deadline
Congress has finally released its plan to replenish the Small Business Administration’s disaster aid program two months after the agency’s coffers were depleted.Inc. - 1d -
Who will be MLB's first $1 billion player?
Gunnar Henderson? Ethan Holliday? Or someone baseball fans haven't even heard of yet?Yahoo Sports - 1d -
Databricks announces $10 billion financing at $62 billion valuation
The company's new valuation is up from $43 billion in 2023.CNBC - 1d -
Palantir’s high valuation paints a stark picture of the S&P 500’s priciest picks
You have probably seen warnings that after two years of double-digit gains for the S&P 500, stocks are getting pricey. Then again, you find warnings that the sky is about to fall down every day in ...MarketWatch - 2d -
10 billion reasons Databricks will delay its IPO
With ample money available in private markets, Databricks, a specialist in data and artificial intelligence, is valued at $62 billion.MarketWatch - 2d -
Carlsberg Cleared to Proceed With $4.2 Billion Britvic Deal
Carlsberg announced plans in July to buy the U.K. soft drinks giant, in a move to develop its Nordic bottling business and strengthen its presence in Western Europe.The Wall Street Journal - 2d -
Why a nation of 1.45 billion wants more children
India, the world's most populous country, is seeing a debate about having more babies.BBC News - 3d -
The Hunt for the Assad Dynasty's Missing Billions Begins
The family stashed away its wealth over half a century of despotic rule. Human-rights lawyers are leading efforts to find the assets—and recover them for the Syrian people.The Wall Street Journal - 4d -
Software Firm ServiceTitan Hits $9 Billion Valuation
ServiceTitan’s shares opened at $40 more apiece than the IPO price.Inc. - 6d -
Cathie Wood's ARKK gets a 30% Trump bump, but outflows persist and top $3 billion in 2024
Wood's flagship Ark Innovation ETF (ARKK) has surged more than 30% since Election Day, but the fund is still suffering from investor outflows.CNBC - 6d -
Elon Musk's net worth tops $400 billion, a first for any person
Tesla CEO Elon Musk is now worth more than $400 billion, according to Bloomberg News. Here's how his wealth stacks up.CBS News - Dec. 11 -
SpaceX valuation surges to $350 billion as company buys back stock
The valuation of Elon Musk's SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday.CNBC - Dec. 11 -
Zalando to Bid $1.3 Billion for About You
Zalando plans to submit an offer to buy About You in a move to expand its offering in the European e-commerce fashion market.The Wall Street Journal - Dec. 11 -
These Are The Top Trending Games Of 2024
According to Google's stats, the Silent Hill 2 remake was the top trending search for game walkthroughs in 2024. Google has released its 2024 Year In Search Top Trending Data report, showcasing ...GameSpot - Dec. 10 -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - Dec. 6 -
Natural-Catastrophes Insured Losses to Top $135 billion in 2024, Swiss Re Institute Says
Global insured losses from natural catastrophes like hurricanes and floods are on track to exceed $135 billion in 2024, marking the fifth consecutive year with such losses surpassing the ...The Wall Street Journal - Dec. 5 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
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Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
