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Finance & Markets

Ambani’s Jio Surges in Debut After India-Record IPO

Jio Platforms Ltd. surged in its trading debut on Wednesday after billionaire Mukesh Ambani’s telecom giant raised a record $3.1 billion in India’s biggest initial public offering, defying a poor track record for the country’s mega deals. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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SoFi: 3 Key Takeaways for Long-Term Investors

The company's ability to grow without raising capital or diluting shareholders reveals how internal cash generation now funds expansion.

  • SoFi raises 2026 revenue guidance to $5.04 billion
  • Company has strong balance sheet for lending expansion
  • Focus on accelerating revenue growth across products

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