Category: raises
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Ethereum Foundation’s 1,000 ETH Transfer Raises Eyebrows
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Ethereum, the second largest digital asset by market capitalization, is in the spotlight again. Recent moves for ETH by the Ethereum Foundation have raised concerns among market watchers, igniting discussions about potential fluctuations in the price of Ethereum. Huge ETH transfers to the institution The series of transfers made by…
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Israeli cloud security co Wiz raises $1b at $12b valuation
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Israeli cloud security company Wiz The company announced the completion of a $1 billion financing round at a company valuation of $12 billion. This brings the total amount raised by the company to $1.9 billion. The latest round is led by Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, with…
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Israeli insurtech co Honeycomb raises $36m
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Israeli American Digital Insurance Company Beehive Today it announced that it has raised $36 million in a Series B funding round led by Zeev Ventures, with participation from new investors Arkin Holdings and Launchbay Capital. Existing investors Ibex Investors, Phoenix Insurance and IT-Farm also participated in the round. This brings…
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Disney posts surprise profit in streaming, raises earnings forecast
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Written by Lisa Richwine LOS ANGELES (Reuters) – Walt Disney’s streaming entertainment unit reported its first earnings on Tuesday, two quarters ahead of schedule, and the media company raised its annual earnings per share forecast, as it said its turnaround efforts were paying off. The company’s shares fell 1.4% in…
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Government’s Natwest Sale Raises Concerns, FTSE 250 Chief Warns
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The government’s impending sale of its remaining stake in Natwest has raised concerns, with the head of the FTSE 250 wealth manager warning of potential risks associated with retail investors’ increased exposure to a single share. Stephen Levin, chief executive of London-listed fund manager Quilter, criticized the government’s strategy, describing…
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Oasis Security raises $35m, doubles valuation
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Israeli startup Oasis securityA company developing a platform for securing non-human identities (NHIs) at an enterprise has announced the completion of a Series A extension in which it raised $35 million, double the valuation in its previous round held just months ago. The round was led by Accel, Cyberstarts, and…
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Convicted CZ’s 100% Ownership Of Binance France Raises Concerns For EU Access
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Regulatory challenges faced by Binance, the leading cryptocurrency exchange, have put its access to EU markets at risk. The revelation that Changpeng Zhao, also known as CZ, founder and former CEO of Binance, is the sole shareholder of Binance France has raised concerns among European regulators. This situation has significant…
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Trinity Industries posts strong Q1 results, raises EPS outlook By Investing.com
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Trinity Industries , Inc. (NYSE:) delivered a robust financial performance for the first quarter of 2024, marked by a significant 26% increase in revenue year-over-year. The company’s first quarter future lease rate differential (FLRD) reached 34.7%, which stands as the second-highest in the past four years. In light of these…
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GSK raises full-year profit forecast, says first-half will see stronger sales By Reuters
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