By , (Reuters) - Data mining firm Palantir Technologies Inc is aiming to file confidentially with U.S. regulators to go public in the coming weeks, emboldened by the strong performance of other initial public offerings (IPOs), people familiar with the matter said.Becoming a publicly listed company would subject Palantir to new scrutiny from investors and the media. Co-founded in 2004 by billionaire Peter Thiel, the data analytics company has been involved in some of the U.S. government’s most politically sensitive projects, from identifying terrorists to the tracking of illegal...…By , (Reuters) - Data mining firm Palantir Technologies Inc is aiming to file confidentially with U.S. regulators to go public in the coming weeks, emboldened by the strong performance of other initial public offerings (IPOs), people familiar with the matter said.Becoming a publicly listed company would subject Palantir to new scrutiny from investors and the media. Co-founded in 2004 by billionaire Peter Thiel, the data analytics company has been involved in some of the U.S. government’s most politically sensitive projects, from identifying terrorists to the tracking of illegal...WW…

A J.P. Morgan logo is seen in New York City, U.S., January 10, 2017. REUTERS/Stephanie Keith/File PhotoRegister now for FREE unlimited access to Reuters.comApril 14 (Reuters) - JPMorgan Chase & Co's first-quarter results on Wednesday laid bare the challenge big banks face in this phase of the pandemic, where stimulus programs have left individuals and businesses in good financial shape but so flush with cash that few of them need loans.The biggest U.S. bank sailed past Wall Street expectations by reporting a nearly 400% increase in quarterly profit. The gains came from JPMorgan...…A J.P. Morgan logo is seen in New York City, U.S., January 10, 2017. REUTERS/Stephanie Keith/File PhotoRegister now for FREE unlimited access to Reuters.comApril 14 (Reuters) - JPMorgan Chase & Co's first-quarter results on Wednesday laid bare the challenge big banks face in this phase of the pandemic, where stimulus programs have left individuals and businesses in good financial shape but so flush with cash that few of them need loans.The biggest U.S. bank sailed past Wall Street expectations by reporting a nearly 400% increase in quarterly profit. The gains came from JPMorgan...WW…

By , (Reuters) - Impossible Foods Inc is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter.This would be substantially more than the $4 billion the company was worth in a private funding round in 2020. It would highlight growing demand for plant-based meat products, driven by environmental and ethical concerns among consumers.Impossible Foods is exploring going public through an initial public offering (IPO) in the next 12 months or a merger with a so-called special purpose...…By , (Reuters) - Impossible Foods Inc is preparing for a public listing which could value the U.S. plant-based burger maker at around $10 billion or more, according to people familiar with the matter.This would be substantially more than the $4 billion the company was worth in a private funding round in 2020. It would highlight growing demand for plant-based meat products, driven by environmental and ethical concerns among consumers.Impossible Foods is exploring going public through an initial public offering (IPO) in the next 12 months or a merger with a so-called special purpose...WW…

By , (Reuters) - Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.The move could further erode Wall Street’s grip on stock market flotations. It would be easier to implement for Robinhood’s own IPO, given how companies and their investment bankers tightly control allocations to investors in new listings.Currently, Robinhood users and other amateur traders cannot buy into stock of a newly listed...…By , (Reuters) - Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.The move could further erode Wall Street’s grip on stock market flotations. It would be easier to implement for Robinhood’s own IPO, given how companies and their investment bankers tightly control allocations to investors in new listings.Currently, Robinhood users and other amateur traders cannot buy into stock of a newly listed...WW…

By , (Reuters) - Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.The move could further erode Wall Street’s grip on stock market flotations. It would be easier to implement for Robinhood’s own IPO, given how companies and their investment bankers tightly control allocations to investors in new listings.Currently, Robinhood users and other amateur traders cannot buy into stock of a newly listed...…By , (Reuters) - Robinhood Markets Inc is building a platform to “democratize” initial public offerings (IPOs), including its own, that would allow users of its trading app to snap up shares alongside Wall Street funds, according to people familiar with the matter.The move could further erode Wall Street’s grip on stock market flotations. It would be easier to implement for Robinhood’s own IPO, given how companies and their investment bankers tightly control allocations to investors in new listings.Currently, Robinhood users and other amateur traders cannot buy into stock of a newly listed...WW…

By , , (Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.The move would make Instacart the latest company to snub an IPO, for decades the primary path to a stock market debut, because it risks pricing its offering too low compared to where its shares end up trading. In a direct listing, companies go public without raising money through a stock sale.Shares of newly listed U.S. companies that went...…By , , (Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.The move would make Instacart the latest company to snub an IPO, for decades the primary path to a stock market debut, because it risks pricing its offering too low compared to where its shares end up trading. In a direct listing, companies go public without raising money through a stock sale.Shares of newly listed U.S. companies that went...WW…

By , (Reuters) -Robinhood has tapped $2.4 billion in funding on top of the $1 billion it raised last week after the online brokerage’s finances were strained due to a retail trading frenzy in heavily shorted shares of companies such as GameStop Corp.The latest round of fund injection means that Robinhood has raised more capital in a week than at any point since its inception in 2013, giving it enough financial muscle to meet any funding needs stemming from the trading boom.The funding round was led by Ribbit Capital and included existing investors ICONIQ, Andreessen Horowitz, Sequoia...…By , (Reuters) -Robinhood has tapped $2.4 billion in funding on top of the $1 billion it raised last week after the online brokerage’s finances were strained due to a retail trading frenzy in heavily shorted shares of companies such as GameStop Corp.The latest round of fund injection means that Robinhood has raised more capital in a week than at any point since its inception in 2013, giving it enough financial muscle to meet any funding needs stemming from the trading boom.The funding round was led by Ribbit Capital and included existing investors ICONIQ, Andreessen Horowitz, Sequoia...WW…

By , , (Reuters) - Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public offering (IPO), in what would cap a stunning recovery in its fortunes after the U.S. home rental firm’s business was heavily damaged by the COVID-19 pandemic earlier this year.In a regulatory filing, Airbnb set a target price range of between $44 and $50 apiece to sell 51.9 million shares, which would pull in $2.6 billion. Airbnb could end up selling $2.85 billion at the upper end of the range.Of the shares being sold, Airbnb founders Brian Chesky, Joe Gebbia and Nathan...…By , , (Reuters) - Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public offering (IPO), in what would cap a stunning recovery in its fortunes after the U.S. home rental firm’s business was heavily damaged by the COVID-19 pandemic earlier this year.In a regulatory filing, Airbnb set a target price range of between $44 and $50 apiece to sell 51.9 million shares, which would pull in $2.6 billion. Airbnb could end up selling $2.85 billion at the upper end of the range.Of the shares being sold, Airbnb founders Brian Chesky, Joe Gebbia and Nathan...WW…

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.(Reuters) - Food-delivery startup DoorDash is aiming to raise up to $2.8 billion at a valuation of $27 billion in its initial public offering, setting the stage for one of the most high-profile stock market debuts of the year.SoftBank-backed DoorDash plans to sell 33 million shares priced between $75...…Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the latest tech news & scoops — delivered daily to your inbox.Something is loading.(Reuters) - Food-delivery startup DoorDash is aiming to raise up to $2.8 billion at a valuation of $27 billion in its initial public offering, setting the stage for one of the most high-profile stock market debuts of the year.SoftBank-backed DoorDash plans to sell 33 million shares priced between $75...WW…

By , (Reuters) - Airbnb CEO Brian Chesky resisted calls from his investors for years to follow the lead of other Silicon Valley unicorns and take the home rental startup public, as he pursued his dream of turning it into a one-stop shop for leisure and travel. He is now pressing ahead with a stock market debut just as the COVID-19 pandemic hits its peak.Airbnb aims to complete its initial public offering (IPO) on Nasdaq next month, 12 years after Chesky founded the company with former roommates Joseph Gebbia and Nathan Blecharczyk. The long road to the IPO frustrated many investors and...…By , (Reuters) - Airbnb CEO Brian Chesky resisted calls from his investors for years to follow the lead of other Silicon Valley unicorns and take the home rental startup public, as he pursued his dream of turning it into a one-stop shop for leisure and travel. He is now pressing ahead with a stock market debut just as the COVID-19 pandemic hits its peak.Airbnb aims to complete its initial public offering (IPO) on Nasdaq next month, 12 years after Chesky founded the company with former roommates Joseph Gebbia and Nathan Blecharczyk. The long road to the IPO frustrated many investors and...WW…