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NASDAQ:WLTH 12 December 2025

Wealthfront IPO: WLTH Debuts on Nasdaq After $485M Raise, Rings Opening Bell, and Tests Consumer Fintech Appetite

Wealthfront IPO: WLTH Debuts on Nasdaq After $485M Raise, Rings Opening Bell, and Tests Consumer Fintech Appetite

Wealthfront began trading on Nasdaq Friday after pricing its IPO at $14 per share, raising about $485 million and valuing the company near $2 billion. The Palo Alto-based robo-adviser sold 34.6 million shares, with 21.5 million from the company and the rest from existing holders. CEO David Fortunato and co-founders rang the Nasdaq Opening Bell in Times Square.
12 December 2025
Wealthfront IPO Prices at $14, Raises $485 Million as WLTH Debuts on Nasdaq and Rings the Opening Bell

Wealthfront IPO Prices at $14, Raises $485 Million as WLTH Debuts on Nasdaq and Rings the Opening Bell

Wealthfront began trading on the Nasdaq after pricing its IPO at $14 per share, raising about $485 million by selling 34.6 million shares. The deal values the company at roughly $2 billion, or $2.6 billion on a fully diluted basis. CEO David Fortunato and co-founders rang the opening bell in Times Square. Wealthfront sold 21.5 million primary shares, with the rest sold by existing shareholders.
12 December 2025

Stock Market Today

  • Berkshire Hathaway's Stock Struggles Shadow CEO Greg Abel's Debut Annual Meeting
    April 30, 2026, 7:13 AM EDT. Berkshire Hathaway's stock price has significantly lagged the S&P 500 by over 37 percentage points in the past year, marking its worst performance stretch since 2000. This slump coincides with Greg Abel's first annual meeting as CEO, following Warren Buffett's retirement. Investors face challenges from underperforming holdings like Kraft Heinz and limited value investing opportunities amid a tech-driven market. Abel aims to maintain Buffett's investment style, but skepticism lingers as the market adjusts to new leadership without Buffett's legendary reputation. Abel's task is to regain investor trust and prove Berkshire's resilience beyond its famous founder's legacy.

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KeyCorp’s Clearwater UK Deal Opens a Europe Door for KeyBank’s M&A Push

KeyCorp’s Clearwater UK Deal Opens a Europe Door for KeyBank’s M&A Push

30 April 2026
KeyCorp plans to acquire Clearwater UK, marking its first Western Europe advisory platform, with closing expected in late 2026 pending approvals. Terms were not disclosed. Clearwater reported £52.2 million in revenue for fiscal 2025 and employs about 117 staff. The deal follows a 12.6% rise in KeyCorp’s investment banking and debt placement fees in the first quarter.
Oil Price Shock Returns: Brent Hits $126 as Trump-Iran Standoff Grips Markets

Oil Price Shock Returns: Brent Hits $126 as Trump-Iran Standoff Grips Markets

30 April 2026
Brent crude fell $2.05 to $115.98 after briefly topping $126 a barrel, its highest since 2022, as traders reacted to possible new U.S. military action against Iran. President Trump is weighing strike options and a potential naval operation to reopen the Strait of Hormuz, where about a quarter of global seaborne oil moves. The White House met with energy executives this week to discuss supply risks if Iranian ports remain blocked.
Alphabet Stock Jumps After Google Cloud Turns AI Spending Into a Q1 Earnings Beat

Alphabet Stock Jumps After Google Cloud Turns AI Spending Into a Q1 Earnings Beat

30 April 2026
Alphabet Inc. shares jumped 6.1% in premarket trading after reporting record Google Cloud revenue of $20 billion, up 63% in the first quarter. Total revenue rose 22% to $109.9 billion, with net income up 81% to $62.6 billion, boosted by a $36.9 billion equity gain. Alphabet raised its 2026 capital spending forecast to as much as $190 billion and began selling its custom AI chips directly to customers.
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