In a strong signal of renewed momentum in the fintech IPO market, Wealthfront—the automated digital wealth management pioneer—is aiming for a valuation of up to $2.05 billion as it prepares for its U.S. initial public offering. The Palo Alto–based firm plans to raise up to $485 million by offering 34.6 million shares at $12–$14 each,...
Michael and Susan Dell will contribute $250 to the investment accounts of 25 million American children, totaling $6.25 billion, as part of the Trump administration’s Invest America initiative. Key Points A landmark philanthropic commitment designed to strengthen long-term financial opportunity for future generations.
Barrick Mining is evaluating an IPO for a new subsidiary that will hold its North American gold assets, capitalizing on record-high gold prices in 2025. Key Highlights Barrick will provide a formal update in February 2026.
Fireside Ventures has secured 22.65 billion rupees (~$253 million) for its fourth fund, strengthening its ability to back India’s fast-growing new-age consumer brands. Key Highlights Fireside’s new fund positions it strongly to capture India’s next wave of consumer growth.
Michael Burry — the famed “Big Short” investor — has shifted his criticism from the AI boom to Tesla, calling the automaker “ridiculously overvalued” in a new post on his Cassandra Unchained newsletter. Key Points The famed contrarian investor is once again sounding alarms — this time targeting the heart of the EV and AI...
Norway’s minority Labour government is struggling to secure support for its 2026 draft budget, missing the end-November deadline. Negotiations continue ahead of Friday’s decisive vote, which could trigger a confidence vote and potentially topple PM Jonas Gahr Stoere’s government just 2–3 months after re-election. Why the Deadlock? Political Risk Rising With no mechanism for early...