Databricks Inc., the closely held software maker widely viewed as a candidate to go public, is in discussions with T. Rowe Price about a new funding round that would value the company at $43 billion, two people familiar with the matter said.
PJT Partners Inc. has hired Ernie Ruehl, a more than two-decade veteran of Credit Suisse, according to people with knowledge of the matter.
Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings.
Stocks rose as traders sifted through a raft of remarks from Federal Reserve speakers, with Jerome Powell saying officials “will proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
Marketing and data automation provider Klaviyo Inc. filed for an initial public offering, another sign that US equity markets are rebounding after an 18-month slump.
Closely held cloud cybersecurity company Wiz Inc. is considering a potential bid for SentinelOne Inc. in what would represent a rare move by a startup to buy a large listed company.
Instacart has joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, disclosing net income of $242 million for the first half of the year and adding momentum to a return of high-profile listings.
Stocks rose as traders sifted through comments from Federal Reserve speakers after Jerome Powell said officials “will proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
Trump Was Booked on Aug. 24; Posted $200,000 Bond
Affirm Holdings Inc. surged after reporting an increase in transactions on the buy now, pay later firm’s platforms as deals with new merchants helped offset challenges from rising interest rates.
