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CAVA and Chipotle Take Different Paths to Traffic Growth
QSR29d agoneutral
CAVA and Chipotle Take Different Paths to Traffic Growth

Growth in fast casual has been scarce enough lately that any chain posting positive traffic gets attention. CAVA and Chipotle both did it in the first half of 2026 but their growth came via different avenues as they are in different stages of their businesses. CAVA is attracting new customers while Chipotle is getting more […]

Investing.com30d agoneutral
Palo Alto Networks CEO held acquisition talks with both Okta and Datadog

The Information reported that between late 2024 and early 2025, Arora held a series of meetings with Okta CEO Todd McKinnon. The talks progressed to the point where the companies discussed product complementarity, but ultimately stalled over price disagreements, according to people with knowledge of the discussions cited by The Information. Okta, valued at roughly $13.5 billion at the start of last year, has since climbed around 30%, giving it a market cap near $23 billion.

BofA's Ike: Economic Stability Driving Africa IPO Boom
Bloomberg30d agoneutralVIDEO
BofA's Ike: Economic Stability Driving Africa IPO Boom

Improving economic conditions are driving renewed activity in Africa's capital markets according to Yvonne Ike at Bank of America. She spoke to Chief Africa correspondent Jennifer Zabasajja on Bloomberg's Next Africa program.

Investing.com30d agoneutral
OpenAI data center chief exits as 4 executives leave ahead of 2027 IPO

Malone joined OpenAI in March 2025, shortly after the company unveiled Stargate — a joint venture with Oracle and SoftBank to build AI data-center capacity at scale. His exit follows the departures of Chief Revenue Officer Denise Dresser, Chief Operating Officer Brad Lightcap, and Fidji Simo, who served as second-in-command to CEO Sam Altman, according to the WSJ report. Analysts have noted that clustering this many C-suite exits in the months before a listing is unusual even by pre-IPO standard

IPOs Head for Record Year
The Wall Street Journal31d agoneutral
IPOs Head for Record Year

$137 billion How much traditional IPOs in the U.S. have raised so far this year, according to Dealogic. A parade of offerings still the pipeline promise to make this a record year: Anthropic alone, which could debut as soon as September or October, is expected to raise up to $100 billion, according to people familiar with the matter.

Navitas Accelerates AI Power Push With Claros Acquisition, Eyes $8 Billion Market
Benzinga31d agoneutral
Navitas Accelerates AI Power Push With Claros Acquisition, Eyes $8 Billion Market

Navitas Semiconductor Corp (NASDAQ:NVTS) shares rose in Tuesday premarket trading after the company announced a definitive agreement to acquire Claros, Inc. for up to approximately $232.8 million, expanding its AI data-center power portfolio. Navitas Expands AI Power Portfolio The acquisition would add Claros’ vertical power delivery, or VPD, and integrated voltage regulator, or IVR, technologies to Navitas’ GaN and high-voltage silicon carbide portfolio. Navitas said the combination would exten

Oura and Dunkin’ Eye Offerings as Wall Street’s IPO Boom Builds
The Wall Street Journal31d agoneutral
Oura and Dunkin’ Eye Offerings as Wall Street’s IPO Boom Builds

The final weeks of summer are typically quiet on Wall Street. A wave of initial public offerings expected after Labor Day is bringing a burst of activity. Fund managers and analysts say their calendars are filling up with meetings with companies eager to test investor appetite.

Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
Benzinga31d agoneutral
Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased

President Donald Trump bought up to $50,000 in Space Exploration Technologies Corp (NASDAQ:SPCX) shares shortly after the Elon Musk-led company’s record IPO. Trump Bought SpaceX Shares After Record IPO Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed Aug. 12 and released Saturday. The transaction was among more than 1,000 stock trades made by Trump in June. It also included sizable investments in Berkshire Hathaway (NYSE:BR

Oura and Dunkin’ Get Ready to Join IPO Bonanza
The Wall Street Journal31d agoneutral
Oura and Dunkin’ Get Ready to Join IPO Bonanza

This year, a parade of initial public offerings expected after Labor Day is making a lot of noise. The U.S. IPO market is already on track for a record year after SpaceX raised $86 billion in its June offering. Smart-ring maker Oura—whose fitness-tracking devices are favorites of the finance set—is now weighing a September or October offering after having filed its paperwork in May, people familiar with the matter said.