Lambda Targets $14.5 Billion Valuation in $4 Billion Pre-IPO Funding Round
Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation, with Blackstone and Coatue leading the round ahead of a planned 2027 IPO.
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Daily edition06Oct 2026
Tuesday
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Tuesday
12 news articles · 0 briefs · 0 guides-
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Marvell Stock Rallies as AI Demand Lifts 2028 Revenue Target to $20 Billion
Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
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Story of the Day Big Tech & InnovationSPCX Stock Climbs Above $175 as SpaceX Value Tops $2.3 Trillion
SpaceX’s SPCX shares traded above $175 on October 6, lifting its estimated value beyond $2.3 trillion as investors assess Starlink growth and AI spending.
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Story of the Day BusinessParamount Closes Warner Bros. Deal as Skydance Debuts With SKYD Ticker
Paramount has completed its Warner Bros. Discovery takeover, forming Skydance Corp. as SKYD shares begin NYSE trading and merger execution moves into focus.
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Story of the Day MarketsS&P 500 and Nasdaq Hit Records as Oil and Treasury Yields Ease
The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.
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News BusinessUber’s $2.3 Billion ezCater Deal Puts Delivery Margins in Focus
Uber (NYSE: UBER) has agreed to buy ezCater for $2.3 billion, expanding workplace catering as investors assess delivery margins and cash use.
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Meta’s Muse Fuels AMD’s Rally as Personal AI Agents Drive CPU Demand
Meta’s Muse is sharpening investor interest in AMD as personal AI agents create demand for server CPUs alongside the GPUs powering their models.
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News BusinessOKX Names Standard Chartered and Circle as Investors After $25 Billion Valuation
OKX founder Star Xu named Standard Chartered and Circle as equity investors, building on a $25 billion valuation disclosed with ICE’s March investment.
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News ETFs & IndexesKOSPI Falls Below 7,000 as Samsung Faces October 8 Volatility Risk
South Korea’s KOSPI closed at 6,941.39 as Samsung fell 1.45%, ahead of a crowded October 8 trading calendar and fading buyback support.
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Moonshot AI Eyes Hong Kong IPO in Early 2027 After $50 Billion Funding Valuation
Moonshot AI is targeting a Hong Kong IPO in early 2027 that could raise up to $5 billion, after reportedly closing private funding at a $50 billion valuation.
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DeepSeek Nears $12 Billion Raise With Tencent and CATL Backing
DeepSeek is nearing at least $12 billion in funding backed by Tencent and CATL, after targeting a valuation of roughly $75 billion ahead of a planned IPO.
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Story of the Day Bonds & YieldsRay Dalio Warns of U.S. Debt Crisis Within Three Years
Ray Dalio warns the U.S. could face a debt crisis within three years as persistent deficits, higher borrowing costs and weaker foreign demand strain financing.
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