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Thrive Holdings raises $2B to expand AI-driven services into physical asset management.

Market News
12 Aug 2026
TechCrunch
View Source
Bullish
pluang ai news

Thrive Holdings secured $2 billion in funding at a $12 billion valuation from investors including SoftBank and D1 Capital Partners. The company integrates AI into traditional businesses, primarily in accounting and IT, and plans to expand into managing physical assets like infrastructure projects. Thrive’s close partnership with OpenAI, which includes embedding OpenAI employees in its portfolio companies, supports rapid AI adoption. The new funds will help launch a platform focused on regulatory services for physical infrastructure, aiming to streamline complex compliance and operational workflows with AI assistance.

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TOMI Environmental posts 118% revenue growth and beats EPS estimates despite ongoing losses

TOMI Environmental posts 118% revenue growth and beats EPS estimates despite ongoing losses

TOMI Environmental Solutions reported a 118% year-over-year revenue increase to $2.25 million, surpassing analyst estimates of $1.84 million. The company also beat EPS expectations with a loss of $0.05 per share, better than the anticipated loss of $...

Company Fundamentals
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Madison Square Garden Sports price target raised on strong Q4 results and Knicks' NBA win

Madison Square Garden Sports price target raised on strong Q4 results and Knicks' NBA win

Seaport Global raised the price target for Madison Square Garden Sports Corp. to $473, reflecting a 17.13% potential upside. The company reported strong fiscal Q4 results with earnings per share of $1.19, beating estimates of $0.72, and revenue risin...

Company Fundamentals
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Airbus leads aerospace market with strong orders despite production challenges

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Airbus is outperforming Boeing in commercial aircraft orders, securing 821 net orders in H1 2026 compared to Boeing's 408. Morgan Stanley maintains an "Overweight" rating on Airbus, raising its price target to €255, reflecting confidence in the compa...

Market News
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1 hour ago
PAVmed reports Q2 loss narrower than expected, revenue below estimates, plans FDA submission in 2027

PAVmed reports Q2 loss narrower than expected, revenue below estimates, plans FDA submission in 2027

PAVmed reported a Q2 2026 GAAP loss per share of $0.87 and a non-GAAP loss of $0.27, beating analyst expectations of a $0.47 loss. Revenue was $33,000, below the $49,000 consensus. Lucid Diagnostics, an investment of PAVmed, generated $1.5 million in...

Company Fundamentals
Bearish
1 hour ago
Target's stock may face a pullback despite strong Q2 earnings forecast and 57% YTD surge.

Target's stock may face a pullback despite strong Q2 earnings forecast and 57% YTD surge.

Target is expected to report second-quarter earnings of $2.25 per share, a 9.8% increase from last year, with revenues projected at $26.06 billion, up 3.4%. Despite these positive forecasts, the stock has surged 57% year-to-date, leading an analyst t...

Company Fundamentals
Neutral
2 hours ago
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