The Latest Breaking News from IPO

Ark Invest CEO Cathie Wood, known for investing in high growth companies that are "innovative," is betting on Klarna Group‘s (NYSE:KLAR) future growth in the buy now, pay later sector.

OpenAI has reached a preliminary deal with Microsoft that paves the way to convert its for-profit arm into a public benefit corporation (PBC).

Klarna CEO Sebastian Siemiatkowski worked at Burger King and lived on welfare before starting his $16 billion fintech firm.

Commerce Secretary Howard Lutnick suggested that the U.S. government is considering a public offering for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) “sooner” than people think.

Cryptocurrency exchange Gemini raised $425 million in an initial public offering, pricing its shares above the expected range, according to an announcement made late Thursday.

After receiving below-market compensation for years, former Virgin Australia boss Jayne Hrdlicka is getting more than $50 million following its successful IPO.

Fast-casual's bowl brigade is tasting something new this season: a healthy serving of valuation discipline. Once priced like tech disruptors, Chipotle Mexican Grill Inc (NYSE:CMG), CAVA Group Inc (NYSE:CAVA) and Sweetgreen Inc (NYSE:SG) are now navigating a sharp reset as investors reassess growth expectations and future profitability.

The IPO is the latest public offering from a crypto company.

CFTC nominee Brian Quintenz surfaced private messages with the brothers after they tried to block his appointment.

Now, at least 100 Klarna workers have collectively joined the millionaires’ club—and workers who invested early in Nvidia, Canva, and Palantir are seeing dizzying success, too.

Most of Oracle's surging revenue is coming from a $300 billion deal with OpenAI. Plus: Tucker Carlson grills OpenAI's Sam Altman, Klarna's IPO pops, and Microsoft goes back to the office.