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MarketWatch
Sep 02, 2025
Klarna seeks $14 billion IPO valuation as it takes on the big banks. But can it turn a profit?
Klarna hasn't recorded an annual profit since 2018, and has seen its bottom line get hit by its expansion into the U.S. — while rival Affirm has managed better profit performance recently.
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Sep 02, 2025
Pepsi shares jump as activist Elliott takes $4 billion stake, sees 'historic' value opportunity
The Paul Singer-founded Elliott's bet in Pepsi is worth $4 billion, becoming the consumer giant's top five active investors excluding index funds.
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