A U.S. investment manager has been charged in New York for allegedly defrauding investors through a fake pre-IPO scheme linked to Anduril Industries, the fast-growing defence and AI company valued at $30 billion. According to U.S. prosecutors, the manager promised investors “economic exposure” to Anduril shares — despite having no access to the company’s stock...
Stockholm-based AI software startup Lovable has raised $330 million, valuing the company at $6.6 billion — nearly 4x in under six months. The round was led by Alphabet’s CapitalG and Menlo Ventures, with participation from Nvidia’s VC arm and strategic investors including Salesforce, Databricks, and Atlassian. 🚀 Why investors are paying attention Lovable enables non-technical...
Google Cloud and Palo Alto Networks have significantly expanded their strategic partnership in a deal reportedly approaching $10 billion, making it Google Cloud’s largest security services agreement to date. What stands out: This is more than a cloud contract — it’s a signal. As enterprises accelerate AI deployment, security is becoming the primary gatekeeper, not...
Bill Ackman–backed Howard Hughes Holdings has agreed to acquire specialty insurer Vantage Group for $2.1 billion, marking a decisive step beyond pure real estate development. The transaction will be funded with cash and up to $1 billion in preferred financing from Pershing Square, reinforcing Ackman’s long-stated ambition to transform Howard Hughes into a diversified holding...
2025 marked the strongest U.S. IPO year since 2021, with nearly $75bn raised and blockbuster debuts like Medline (+41% day one), Circle, and Figma reigniting enthusiasm. But first-day hype has often diverged sharply from post-IPO reality. 🔍 What the data shows 📉 Examples: 📈 Exceptions exist: Key takeaway:The IPO window is open — but pricing...
Nasdaq expects a significantly stronger year ahead for IPOs, led by $1bn+ listings as market confidence returns, according to its global head of listings. 📈 Key signals from 2025: Despite tariff-driven volatility and a government shutdown earlier in the year, IPO activity rebounded sharply in the second half, with names like Medline, CoreWeave and SailPoint...