Company entered into capped call transactions to increase effective conversion premium to 100% Company to repurchase approximately 334,000 shares of common stock using approximately $70.5 million of net proceeds Los Angeles, March 05, 2026 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE) (“Dave” or the “Company”) today announced the pricing of an offering of $175 million principal amount of its 0% Con...
Company entered into capped call transactions to increase effective conversion premium to 100% Company to repurchase approximately 334,000 shares of common stock using approximately $70.5 million of net proceeds Los Angeles, March 05, 2026 (GLOBE NEWSWIRE) -- Dave Inc. (Nasdaq: DAVE) (“Dave” or the “Company”) today announced the pricing of an offering of $175 million principal amount of its 0% Convertible Senior Notes due 2031 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Dave has also granted the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the date Dave first issues the notes, up to an additional $25 million principal amount of notes. The offering was upsized from the previously announced offering of $150 million principal amount. The offering is expected to close on March 9, 2026, subject to customary closing conditions. The notes will be senior unsecured obligations of Dave. The notes will not bear regular interest, and the principal amount of the notes will not accrete. The notes will mature on April 1, 2031, unless earlier converted, redeemed or repurchased. Dave may redeem for cash all or any portion of the notes (subject to a partial redemption limitation), at Dave’s option, on or after April 6, 2029 and prior to the 41st scheduled trading day immediately preceding the maturity date, only if (i) certain liquidity conditions are met and (ii) the last reported sale price of Dave’s Class A common stock (the “common stock”) has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive), including the trading day immediately preceding the date on which Dave provides notice of redemption, during any 30 consecutive trading day period ending on, and including, the trading day immediately precedin...
Investors may be wondering if Astera Labs is still worth their attention after its run as an AI infrastructure play, or if the current price already reflects much of the excitement around the company. The stock currently trades at US$113.77, with a 65.9% return over the last year. However, the last 7 days and 30 days show declines of 11.2% and 25.4%, and the year-to-date return is a 36.6% decline....
Investors may be wondering if Astera Labs is still worth their attention after its run as an AI infrastructure play, or if the current price already reflects much of the excitement around the company. The stock currently trades at US$113.77, with a 65.9% return over the last year. However, the last 7 days and 30 days show declines of 11.2% and 25.4%, and the year-to-date return is a 36.6% decline. Recent coverage has focused on Astera Labs as part of the broader AI hardware and connectivity theme. Investors are tracking how its role in AI data center infrastructure could influence sentiment around the stock. Commentators are also noting that, after a strong 1-year return, the recent pullback may reflect shifting expectations and a reassessment of how much future growth is already reflected in the share price. On our valuation checks, Astera Labs scores for being assessed as undervalued. Next, we will look at what different valuation methods indicate about that score, and then finish with a broader way to think about value that goes beyond a single model. Astera Labs scores just 1/6 on our valuation checks. See what other red flags we found in the . Advertisement Approach 1: Astera Labs Discounted Cash Flow (DCF) Analysis A DCF model projects a company’s future cash flows and then discounts those projections back to today, to estimate what the business could be worth right now. For Astera Labs, the model starts with last twelve months free cash flow of about $272.7 million. Analysts have provided cash flow estimates for several years ahead, and Simply Wall St then extrapolates further to build a 2 Stage Free Cash Flow to Equity model. By 2028, projected free cash flow is $840.2 million, and the model continues to extend those forecasts out to 2035 using the ten year projections supplied. When all those future cash flows are discounted back to today, the estimated intrinsic value comes out at roughly $90.93 per share. Compared to the current share price of US$113.77, ...
Available for 89 days As the US and Israeli war against Iran enters its sixth day, a bipartisan resolution in the US Senate aimed at limiting President Trump’s war powers has failed. Senators voted 47 to 53 to prevent the measure from advancing, dealing a blow to Democrats’ efforts to stymie the conflict in the Middle East. Meanwhile, US and Israeli strikes across Iran continue, with the capital, ...
Available for 89 days As the US and Israeli war against Iran enters its sixth day, a bipartisan resolution in the US Senate aimed at limiting President Trump’s war powers has failed. Senators voted 47 to 53 to prevent the measure from advancing, dealing a blow to Democrats’ efforts to stymie the conflict in the Middle East. Meanwhile, US and Israeli strikes across Iran continue, with the capital, Tehran, bearing the brunt of the offensive. Also: Israel launches fresh attacks on the Lebanese capital, Beirut, warning residents to evacuate their homes; a suicide case in the US highlights the risks of AI chatbots interacting with people dealing with mental health issues; clergy from a conservative group of the Anglican Church seek to elect a rival to the first female Archbishop of Canterbury; how businesses are responding to the popularity of weight-loss drugs; and why chimpanzees are fascinated with crystals. The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk Programme Website
(RTTNews) - Walmart said its newest Supercenter at 11115 Waxman Drive officially opened in The Villages with a community celebration. The Villages Supercenter closely follows the opening of new Supercenters in Apollo Beach and Jacksonville, as well as a Neighborhood Market in Ocala. The new Supercenter brings more than 400 new jobs. The company noted that the store supports regional suppliers, con...
(RTTNews) - Walmart said its newest Supercenter at 11115 Waxman Drive officially opened in The Villages with a community celebration. The Villages Supercenter closely follows the opening of new Supercenters in Apollo Beach and Jacksonville, as well as a Neighborhood Market in Ocala. The new Supercenter brings more than 400 new jobs. The company noted that the store supports regional suppliers, contractors and service providers. The Supercenter also offers a grocery department featuring fresh produce, bakery and deli items, tortillas made fresh in-house, a sushi bar and more. At last close, Walmart shares were trading at $127.81, down 0.08%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Anthropic CEO Dario Amodei is back at the negotiating table with the U.S. Department of Defense after the breakdown of talks on Friday over the use of the company's AI tools by the military, according to The Fina...
Anthropic CEO Dario Amodei looks on after a meeting with French President Emmanuel Macron during the AI Impact Summit in New Delhi on February 19, 2026. Ludovic Marin | Afp | Getty Images Anthropic CEO Dario Amodei is back at the negotiating table with the U.S. Department of Defense after the breakdown of talks on Friday over the use of the company's AI tools by the military, according to The Financial Times. Amodei is in talks with Emil Michael, under-secretary of defense for research and engineering, in a last-ditch effort to reach an agreement on the terms governing the Pentagon's access to Anthropic's Claude models, the Times reported , citing anonymous sources with knowledge of the matter. Discussions fell apart Friday, with President Donald Trump directing federal agencies to stop using Anthropic's tools, and Defense Secretary Pete Hegseth saying he would designate the company a supply-chain risk to national security. Last week, Michael had attacked Amodei, calling him a "liar" with a "God complex," in an X post. Agreeing to a new contract would enable the U.S. military to continue using Anthropic's technology, which has reportedly been utilized in Washington's war with Iran. Claude became the first major model deployed in the government's classified networks through a $200 million contract awarded by the DoD to Anthropic, but the company later sought guarantees that its tools would not be used in domestic surveillance or autonomous weapons. The Pentagon had demanded that the military be allowed to employ the technology for any lawful use. In a Friday memo seen by FT, Amodei reportedly told staff that near the end of negotiations with the Defense Department, it had offered to accept Anthropic's terms if they deleted a "specific phrase about 'analysis of bulk acquired data'" — a line he said, "exactly matched this scenario we were most worried about." Amodei also wrote in his note that messaging from the Pentagon and OpenAI, which struck a new deal with the Def...