#valuation

#valuation

The current dynamics playing out in the stock market are really hard to describe right now. On the one hand, there are pockets of the economy that are red-hot, with hundreds of billions of dollars flowing into high-powered growth trends like AI that are clearly propping up valuations across the board. On the other hand, the vast majority of stocks in the overall market may already be in bear market territory. That's representative of a weakening consumer, and the view that valuations may have gotten a bit too distorted in the post-pandemic era.

Revolut has overtaken Barclays in valuation after securing a $75 billion price tag in a major secondary share sale backed by Nvidia, cementing its position as Europe's most valuable private tech company and the standout success story of Britain's fintech sector. The deal - largely involving staff selling portions of their holdings - marks a dramatic jump from Revolut's $45 billion valuation last year. It now exceeds the market capitalisation of Barclays (£55.7bn / $73bn), as well as other UK banking giants including Lloyds and NatWest.

As to whether Advanced Micro Devices will be able to clock in 35% in annualized revenue growth over the next five years (on the high end) remains the big question mark. If the next generation of MI300 accelerators sells well and corporate adoption of AI accelerates further, I think there's still a chance that sales will surprise to the upside.

YouTuber MrBeast said in a deposition last November that he owned "a little over half" of his company, which was valued at roughly $5 billion in its most recent funding round. By that math, the value of his ownership stake would have topped $2.5 billion. Beast Industries sought to raise up to an additional $200 million this year, according to investor materials viewed by Business Insider, as an extension to its $300 million Series C round referenced in the deposition.

Snap SNAP reported third-quarter revenue of $1.507 billion, up 10% year over year, due to strength in international markets. Adjusted EBITDA margin came in at 12%, up 200 basis points from a year ago, due to cost efficiencies and a greater mix of high-margin products like Sponsored Snaps and Spotlight. Why it matters: Despite persisting weakness in North American markets, advertising revenue from international markets continues to grow, driven by improved direct advertising monetization and increased demand from small and mid-sized businesses.

The Q3 earnings report caused CMG stock to plunge by over 20%. The company has cut its full-year 2025 comparable sales forecast for the third consecutive time, now projecting sales to decline in the low single-digit range, rather than remaining flat. Q3 revenue of $3 billion met expectations, but comparable same-store sales grew just 0.3%. Analysts expected 1.36%. CEO Scott Boatwright said that the company is seeing a "significant pullback" from customers aged 25 to 34.

Revenue climbed 27% year-over-year to $3.45B, clearing the $3.36B consensus estimate by roughly $90M. That growth rate outpaced rival Uber's 18% quarterly expansion, signaling stronger order momentum in the core delivery business. The problem? Earnings per share came in at $0.55, missing the $0.68 estimate by 19%. GAAP net income of $244M also declined sequentially from $285M in Q2, a red flag that profitability may be plateauing after months of steady improvement.

Armis, a nine-year-old cybersecurity startup based out of San Francisco, intends to follow in these companies' footsteps. The company said on Wednesday that it has raised a $435 million pre-IPO round led by Growth Equity at Goldman Sachs Alternatives. CapitalG made a significant investment in the round, and new investor Evolution Equity Partners also participated. The round values Armis at $6.1 billion, a meaningful jump from the $4.5 billion tender offer valuation the startup announced in August.

Vertex (NASDAQ: VERX) delivered a split result this morning that left investors parsing mixed signals. The tax technology provider beat on earnings per share but missed revenue expectations, landing at $0.17 versus $0.16 estimated and $192.1M versus $195.5M expected. The stock traded near $22.90 at the filing, down sharply from its 52-week high of $60.71 as the market continues to reassess the company's valuation after a brutal 61% decline year-to-date.

Kids today don't know how easy they have it with those soft, malleable lunch boxes that squeeze easily into their bookbags. There was a time when we'd beg our parents for a cooler design on our lunch boxes, because the darn things were always stuck in our hands, too big and clunky to hide inside a backpack. The challenges of our early days were worth the struggle, though,