‘We Haven’t Won Yet’: Stripe Finds Growth Has a CostRead Now

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markets

Roku Stock Falls Sharply on Analyst Report

By
Tom Dotan
· · Source: Bloomberg

The good times for Roku may finally have come to a stop. The stock fell 15% on Monday after a Morgan Stanley analyst issued a note saying that its growth could slow meaningfully next year, according to Bloomberg’s writeup of the note. It’s possible that we may start to see some areas slow down for the company as the rate of growth in its ads business declines. But if things have finally peaked...

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Stripe in Talks to Raise Up to $3 Billion From Current Investors
By Jessica E. Lessin, Erin Woo and Cory Weinberg · Jan. 30, 2023 5:08 PM PST
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Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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