Latest in Trillion Valuation
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Tesla surpasses $1 trillion in valuation in the wake of Trump's victory
Tesla returned to the $1 trillion club Friday, after its stock surged in the days following Donald Trump's presidential election victory.Top stories - NBC News - 4 days ago -
Inside AI’s $1 Trillion Cash Bonfire
Generative AI companies have spent a fortune still searching for a killer app.Business - Inc. - October 14 -
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.Business - CNBC - October 18 -
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.Business - Inc. - October 20 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Mubadala and KKR among groups that have held talks with UK data firm 9fin
Investment valuing market information provider at about $500mn would be the sector’s latest high-profile dealBusiness - Financial Times - November 1 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 6 days ago -
Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation
A Jefferies analyst thinks Palantir’s large base of retail-investor support “is a double-edged sword.”Business - MarketWatch - 5 days ago -
11 bank stocks trading at low valuations, even after Trump bump
Bank stocks have had quite a run following Donald Trump’s election to a second term as president. But investors need to ask themselves whether or not some of stocks are trading too high.Business - MarketWatch - 5 hours ago -
Cannabis stock valuations and investments hobbled by regulatory uncertainties, experts say
A reality check around regulatory challenges facing the cannabis sector has taken hold among some of the leading financiers in the industry, as optimism around the promise of a legal market has faded.Business - MarketWatch - 1 hour ago -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 6 days ago -
Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion
Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand for its artificial intelligence chips.Business - CNBC - October 14 -
At $1 trillion, Biden-Harris the most wasteful administration ever
The Biden-Harris administration has wasted more money than any other administration in modern history, with $1 trillion wasted on improper payments, and an additional $7.65 trillion in deficit ...Politics - The Hill - October 15 -
Trump Brags About His Math Skills and Economic Plans. Experts Say Both Are Shaky.
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.Business - The New York Times - October 15 -
Chip industry faces talent shortage as revenues head to $1 trillion | Deloitte
Deloitte says the chip industry will hit $1T in 2030, but a huge talent shortage looms across the entire world.Tech - VentureBeat - October 15 -
The Quarter-Trillion-Dollar Rush to Get Money Out of China
Chinese residents, worried about growth, have been illicitly moving billions of dollars out of the country, using everything from crypto to fine art.World - The Wall Street Journal - October 23 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
Trump, Harris tax-break costs soar to more than $12 trillion
Vice President Kamala Harris and former President Donald Trump have been proposing a slew of new tax cuts and credits over the course of their campaigns, and are even adding to the list in the ...Business - MarketWatch - October 29 -
Beijing considers $1.4 trillion borrowing increase to support economy: Reuters
Fresh stimulus would help local authorities resolve off balance-sheet debtBusiness - MarketWatch - October 29 -
Musk draws skepticism with call for $2 trillion in spending cuts
Tesla CEO Elon Musk’s call for “at least” $2 trillion in cuts to federal spending is drawing skepticism from experts as the billionaire tech magnate cements himself as one of former President ...Politics - The Hill - November 3 -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - 4 days ago -
Countries Weigh How to Raise Trillions for Climate Crisis at COP29
Low-income countries need at least $1 trillion a year to manage climate change. Donald Trump’s victory just made that more difficult, but options exist.World - The New York Times - 4 hours ago -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.Business - CNBC - November 4 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - November 1 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - 6 days ago -
Junk-rated companies face record refinancing needs above $2 trillion through 2029, Moody’s says
Barring an economic slowdown, market conditions are still favorable, with interest rates expected to continue to come down and investors expected to be receptive to credit marketsBusiness - MarketWatch - October 14 -
Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.
The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...Business - MarketWatch - October 18 -
If Musk and Trump want to cut federal spending by $2 trillion, they’ll have to come for Social Security and Medicare
Musk is talking big cuts. Something’s got to give.Business - MarketWatch - October 29 -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - 4 days ago