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

Fed votes to reappoint all of its regional bank presidents

December 11, 2025

Key Points The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at the central bank in a move that came a bit earlier than usual. There had been some speculation about whether President Donald Trump, a fierce Fed critic, would seek to exert more control over the rate-setting […]

Finance

VanEck turns online slang into strategy with ‘Degen Economy’ ETF

December 11, 2025

Key Points VanEck is renaming its gaming ETF (BJK) the “VanEck Degen Economy ETF.” “Degen,” short for “degenerate,” originated in gambling circles and later migrated into crypto and retail-trading communities. The change takes effect after the market close on April 8, resetting a fund launched in 2008 that has just $23 million in assets. Source

Finance

Stocks making the biggest moves midday: Oracle, Vail Resorts, GE Vernova, Brinks, Ciena & more

December 11, 2025

Check out the companies making the biggest moves midday: Oracle — The database management software maker tumbled 14% after reporting fiscal second-quarter revenue that missed analyst expectations. Multiple analysts across Wall Street raced to lower their price targets in reaction. Vail Resorts — The ski resort owner jumped 9%. Fiscal first quarter “mountain” revenue of […]