HR unicorn Deel prepares for IPO as soon as 2026 after revenue jump

Key Points

Human resources software startup Deel has hit an annual revenue run rate of $800 million, the company told CNBC.
Deel also added two major new shareholders to its capitalization table, General Catalyst and Abu Dhabi sovereign wealth fund Mubadala, as part of a $300 million secondary share sale.
“We are getting ready to go out, potentially next year or a bit later,” Deel CEO Alex Bouaziz told CNBC, discussing the firm’s IPO plans.

Source

Finance

China is set to kick off its big policy meeting. What will be the key announcements?

March 4, 2026

Key Points Beijing is expected to set GDP growth target at around 4.5% to 5% this year, inflation target unchanged at 2%, budget deficit of 4%. The world’s second-largest economy faces persistent challenges at home amid a consumption downturn and prolonged real estate slump. Source

Finance

Wall Street playbook says buy when war breaks out. How this time could be different

March 3, 2026

Investors are wondering if buying the dip when war breaks out will work this time around as the conflict between the U.S. and Iran grows. The old Wall Street adage “buy the cannons, sell the trumpets” suggests that traders might race to pick up stocks in reaction to war headlines, expecting a rebound. But the […]

Finance

Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more

March 3, 2026

Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said it is still in talks with the U.S. Space Force for the SCAR program contract. Negotiations had been paused in order to revise the terms to speed up delivery times. The company said it is […]