The trend of firms staying private for longer continues as the initial public offering (IPO) market shows no signs of revival, according to Baillie Gifford. Peter Singlehurst, head of private company investments at the Edinburgh-based investment firm, attributes this to lingering investor skepticism following...

AI Sovereignty at the Forefront of UAE Innovation During the high-profile Make it in the Emirates (MIITE) 2025 exhibition, e& (Etisalat) UAE announced an initiative to support small and medium-sized businesses (SMBs) with leading-edge AI technology. The linchpin of this initiative is Aleria, a UAE-based...

Sanmina’s $3 billion acquisition of ZT Systems marks a pivotal step in expanding its footprint across the high-growth cloud and AI infrastructure markets. This move positions the company to double its revenue within three years while establishing advanced technical capabilities. Strategic Deal Structure Enhances Long-Term...

Luminar Technologies, Inc. (Nasdaq: LAZR), a global pioneer in automotive safety and autonomy solutions, has confirmed that Paul Ricci appointed CEO will take effect on or around 21 May 2025. Ricci, the former long-serving Chairman and CEO of Nuance Communications, steps into the leadership...

Public Storage and Ki submit a non-binding offer to acquire Abacus Storage King for A$1.47 per stapled security. The deal targets 126 properties, 21 development sites, and 75 managed/licensed properties, with due diligence and securityholder approval required.

Instacart, Inc. (NASDAQ: CART), operating as Maplebear Inc., continues to solidify its position in the grocery technology sector through strategic acquisitions and partnerships. This article provides a comprehensive overview of the latest developments impacting Instacart's stock performance and market strategy.​ Q1 2025 Financial Results Announcement Instacart...