Revolut Eyes IPO with Potentially $40 Billion Valuation as CEO Prepares $500M Share Sale

Revolut Eyes IPO with Potentially $40 Billion Valuation as CEO Prepares $500M Share Sale

Revolut prepares for a $500 million share sale, potentially valuing the company at over $40 billion, as plans to eventually go public go into motion.


Carlos Slim Invests $1.2 Billion to Establish Gulf of Mexico Gas Field

Mexican billionaire Carlos Slim’s company, Grupo Carso SAB, announced that it was investing $1.2 billion to develop a vast gas field in the Gulf of Mexico.

Nvidia Receives Rare Low Rating From Wall Street Following 'Slow Growth' Prediction

Analyst Pierre Ferragu downgraded Nvidia's rating to neutral, citing concerns over future growth and valuation. Nvidia stock has struggled to return to its glory in the past few days.

Tesla’s Strong Deliveries Report Strikes Serious Blow to Short Sellers, Resulting in $3.5 Billion Loss

Tesla's short sellers lost $3.5 billion after the firm announced better-than-expected electric car sales this week.


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Chewy
Meme stock trader Keith Gill, known as Roaring Kitty, has a multimillion-dollar stake in online pet store Chewy.
Ownership of Boston Celtics for Sale Weeks After Winning NBA Championship
The Boston Celtics is up for sale after its majority owner, Boston Basketball Partners LLC, announced its intention to sell all of its shares in the team.
President Trump Holds A Press Conference At Trump Tower Day After Guilty Verdict
Trump Media's shares surged nearly 13% in premarket trading after President Biden's shaky debate performance against Donald Trump.
Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Trump Media Rebounds After Stock Price Halved Amid Investor Uncertainty
After a significant decline due to potential massive share sell-offs, Trump Media & Technology Group's stock is bouncing back, with the company projecting substantial cash inflows from warrant exercises.
Barron Trump and Martin Shkreli Allegedly Behind DJT TrumpCoin, Value Surges 385%
Martin Shkreli claims he advised Donald and Barron Trump on creating the DJT crypto token, which has surged in value to over $150 million amid speculation about the Trump family's involvement.
Google to Invest Additional $2.3 Billion in Central Ohio Data Center Expansion
Google announced a $2.3 billion investment to support its data center campuses in central Ohio, adding to the $4.4 billion already spent since 2019, to enhance its global services infrastructure.
Sanctioned Russian Billionaire Files Lawsuit Against UBS Over Money Laundering Alerts
Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.
Bill Gates Announces Billions for Next-Gen Nuclear Plant in Wyoming to Address US Energy Demand
Bill Gates has committed billions towards TerraPower's construction of a next-generation nuclear power plant in Wyoming, aimed at meeting increasing electricity demands in the United States, with completion expected by 2030.
Goldman Sachs Plans to Double Lending to Ultra-Wealthy Private Bank Clients in the Next 5 Years: Report
Goldman Sachs plans to double its lending to wealthy private bank clients in the next five years. Goldman Sachs plans to double its lending to wealthy private bank clients with account sizes surpassing $10 million in the next five years.
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