Key inflation data and AI earnings could set the tone for markets this week.
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Ramp Eyes $60 Billion Valuation Just Months After Series F
Financial operations platform Ramp is in early talks with investors to raise about $1 billion in primary funding at a $60 billion valuation, Bloomberg reported Tuesday (Sept. 8), citing unnamed sources. The talks are still underway, and the details of the funding round could change, according to the report. Reached by PYMNTS, Ramp declined to…
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U.S. military destroys five Iranian oil tankers after attempted attack on American warship, Centcom says
The U.S. and Iran traded new attacks around the Strait of Hormuz, as President Donald Trump insists oil prices will drop fast once the Iran war ends.
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Chime Inks $590 Million Deal to Buy Longtime Bank Partner Stride
Chime plans to acquire its bank partner, Oklahoma-headquartered Stride Bank, to further Chime’s efforts to provide “mainstream America” with better banking, the company said in a Tuesday (Sept. 8) press release. Chime signed a definitive agreement to acquire Stride for $590 million in cash, and the company expects the transaction to close in the first…
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