Archives

Bank Of America Q3 Revenue Rises 3% To $30 Billion As Net Interest Income Climbs 8%

By Amit Chowdhry ● Today at 11:33 AM

Bank of America reported third-quarter 2026 results showing continued organic growth across deposits, lending, wealth management, digital engagement, and consumer activity. Revenue increased 3% year-over-year to $30 billion, while net interest income rose 8% to $16.4 billion, supported by higher loan and deposit balances, Global Markets activity, and the repricing of fixed-rate assets.

Emergent: Interview With CEO And Co-Founder Mukund Jha About Vibe Coding, VibeCon, And AI-Powered Software Development

By Amit Chowdhry ● Today at 11:31 AM

Emergent is an AI-powered development platform designed to help non-technical founders and business owners turn ideas into production-ready software using plain-language instructions. Its agents can plan, build, test, debug, and deploy full-stack web and mobile applications while abstracting away much of the underlying code, cloud infrastructure, and engineering complexity. The company also organizes VibeCon, an event where participants build working software over a weekend without needing a traditional coding background. Pulse 2.0 interviewed Emergent CEO and Co-Founder Mukund Jha to learn more about his background, the company's mission, VibeCon, and how AI is changing who can build software.

Ara Infrastructure Acquires Majority Interest In Pacific Ag

By Amit Chowdhry ● Today at 11:00 AM

Ara Partners’ infrastructure strategy acquired a majority interest in Pacific Ag, the largest crop residue supply and logistics company in North America.

GlobalFoundries To Operate Two New York Semiconductor Fabs Under Up To $21 Billion U.S.-Japan Initiative

By Amit Chowdhry ● Today at 10:59 AM

Choreo Names Gabriel Rodriguez As Chief Technology Officer

By Amit Chowdhry ● Today at 10:55 AM

Choreo appointed Gabriel Rodriguez as Chief Technology Officer, adding a veteran wealth management technology executive to lead the firm’s advisor technology, platform integration, and artificial intelligence strategy.

Squire Patton Boggs Adds Real Estate Partners Rachel Kerr And James Eddowes In Birmingham

By Amit Chowdhry ● Today at 8:47 AM

Squire Patton Boggs has expanded its Real Estate Practice Group with the appointment of partners Rachel Kerr and James Eddowes in Birmingham. Both lawyers join the firm from Gowling WLG and bring extensive experience advising investors, developers, and private equity clients on significant real estate transactions.

GDS Associates Appoints Gary Cooley As Chief Financial Officer

By Amit Chowdhry ● Today at 8:43 AM

Inter Appoints Francisco Santos As Chief Growth Officer And Expands Alexandre Riccio’s Leadership Role

By Amit Chowdhry ● Today at 8:42 AM

Inter & Co. is evolving its senior leadership structure, with Francisco Santos expected to join the company as Senior Vice President and Chief Growth Officer and Alexandre Riccio taking on an expanded group-level role as Senior Vice President and Chief Operating Officer.

State Street Elects Alexander Vollert To Board of Directors

By Amit Chowdhry ● Today at 8:40 AM

State Street Corporation announced the election of Alexander Vollert to its Board of Directors, adding an executive with more than two decades of leadership experience across global financial services, technology, operations, and large-scale transformation.

Stifel Europe Names Harry Brun Managing Director in Global Technology Group

By Amit Chowdhry ● Today at 8:39 AM

Stifel Europe has appointed Harry Brun as a Managing Director in its Global Technology Group, based in London. The hire expands the firm’s European technology and software investment banking capabilities, particularly across enterprise application software and cybersecurity.

Accelevation Secures $650 Million Credit Agreement Led By Bank Of America, JPMorgan, Morgan Stanley, KeyBank And PNC

By Amit Chowdhry ● Today at 8:38 AM

Accelevation Holdings entered into a new $650 million senior secured credit agreement that replaces credit facilities established before the company’s initial public offering and provides additional financial flexibility to support its long-term growth strategy.

ID Finance Secures €545 Million In Debt And Equity Funding From International Investors

By Amit Chowdhry ● Today at 8:34 AM

ID Finance has secured €545 million in debt and equity funding from international investors Spice Expeditions, LP, Washington University Investment Management Company, Kingsway Capital, and i80 Group. The financing represents one of the largest transactions completed by a Spanish fintech company in recent years and marks a significant milestone in ID Finance’s growth strategy.

BlackRock AUM Hits $15.5 Trillion Following $205 Billion Of Quarterly Net Inflows

By Amit Chowdhry ● Today at 8:30 AM

BlackRock reported third-quarter 2026 financial results highlighted by record assets under management, strong net inflows, higher revenue, and significant growth in adjusted earnings.

Melius Raises $25 Million To Expand AI Agents Lab For Creative Work

By Amit Chowdhry ● Today at 8:27 AM

Melius has raised $25 million to expand its AI-powered creative operating system, including a $5 million seed round led by General Catalyst and a $20 million Series A led by CRV. Genius Ventures, Vine Ventures, and Anti Fund also participated.

Clueso Raises $10 Million Series A Led By Dharana Capital

By Amit Chowdhry ● Today at 8:24 AM

Clueso has raised a $10 million Series A led by Dharana Capital to expand its agentic video platform for businesses. Founders Future and Neotribe Ventures joined as new investors, while Y Combinator and f7 Ventures also participated.

Ubitium Raises $14 Million To Build The First Universal Processor For Physical AI

By Amit Chowdhry ● Today at 8:23 AM

Ubitium has raised $14 million in new seed funding to advance its universal processor architecture for Physical AI. The round was led by Ibex Investors, with participation from OpenOcean, existing investors KBC Focus Fund, Runa Capital and Inflection, and a personal investment from Florian Seibel, co-founder and co-CEO of Quantum Systems. The financing brings Ubitium’s total seed funding to $18 million since the company was founded in 2024.

ICON Raises $200 Million Series D Co-Led By Baillie Gifford And BlackRock

By Amit Chowdhry ● Today at 8:22 AM

ICON has raised $200 million in Series D financing co-led by Baillie Gifford and funds managed by BlackRock, as the construction technology company prepares to scale its robotic building systems across the United States. Other participants included Capital Factory, CAZ Investments, Moderne Ventures, Moonshots Capital, Norwest, Overmatch, The Syndicate and Tiger Global.

BBAM Closes Incline Aviation III At More Than $1.7 Billion

By Amit Chowdhry ● Today at 8:19 AM

BBAM has completed the final close of Incline Aviation III with more than $1.7 billion in total capital commitments, marking the third flagship aviation fund in the investment manager’s Incline platform. The fund received commitments from a mix of existing and new institutional investors.

Getty Family And Koch Equity Development Commit Up To $533 Million To Getty Images In Restructuring

By Amit Chowdhry ● Today at 8:18 AM

Getty Images has reached an agreement with its major financial stakeholder groups on a comprehensive restructuring that includes up to $533 million in new equity investment from Getty Family members and Koch Equity Development affiliates. The transaction is designed to strengthen Getty Images’ balance sheet, reduce debt obligations and support future growth.

SSR Mining To Acquire Roxmore Resources In $464 Million Deal

By Amit Chowdhry ● Today at 8:15 AM

SSR Mining has entered into a definitive agreement to acquire Roxmore Resources in an all-cash transaction, with an estimated fully diluted equity value of about $464 million and an enterprise value of $392 million. The acquisition will add Roxmore’s Converse Gold Project in Nevada to SSR Mining’s U.S. portfolio.

OMRON To Acquire OnLogic Parent Interlogic For $675 Million

By Amit Chowdhry ● Today at 8:14 AM

OMRON Corporation has agreed to acquire Interlogic, the parent company of industrial computer manufacturer OnLogic, for $675 million on a debt-free, cash-free enterprise value basis. The transaction will be completed through a reverse triangular merger, making Interlogic a wholly owned subsidiary of OMRON.

Hall & Wilcox Adds Andrew Klein As Partner To Strengthen Canberra And Commonwealth Government Practice

By Amit Chowdhry ● Today at 8:11 AM

Hall & Wilcox appointed Andrew Klein as a partner in Canberra, strengthening the firm’s national employment and Commonwealth Government practices.

Jones Walker Names Ted Jones As Head Of Baton Rouge Office

By Amit Chowdhry ● Today at 8:03 AM

Jones Walker appointed Ted Jones as head of its Baton Rouge office, effective September 1, 2026.

Dilworth Paxson Adds Stephen Lazare, Yale Glazer, And Andrew Premisler To New York Insurance Team

By Amit Chowdhry ● Today at 8:02 AM

Dilworth Paxson added Stephen M. Lazare, Yale Glazer, and Andrew M. Premisler to its Insurance Services Group in New York, expanding the firm’s capabilities in complex insurance coverage counseling and litigation. The team joins from Lazare Potter Glazer & Moyle.

McDermott Will & Schulte Adds Paul Kovachev As Real Estate Finance Partner In New York

By Amit Chowdhry ● Today at 8:01 AM

FLÆ Robotics Raises Over €1 Million To Expand AI Hospitality Agent BE-A

By Amit Chowdhry ● Today at 8:00 AM

FLÆ Robotics raised more than €1 million in seed funding to accelerate development and international expansion of BE-A, its AI hospitality agent for hotels. The round was backed by Purple Ventures and Garage Angels.

Withers Launches Japan Disputes Practice With Partner Hiroko Nihei