Baillie Gifford

Cloud-based private company Databricks isn't in a rush to go public. What Happened: While the San Francisco-based company is experiencing growth and was recently valued at $62 billion, 2024 wasn’t the year to file an initial public offering, Databricks CEO and co-founder Ali Ghodsi said at...

The trading activity of members of Congress including former Speaker of the House Nancy Pelosi (D-Calif.) has gained increased attention from retail traders in recent years. A recent trading disclosure shows Pelosi is now an investor in a leading private data and artificial intelligence company....

The Federal Reserve and the Biden Administration on Sunday took decisive action to safeguard the country's banking system by providing additional funding to eligible depository institutions to help them meet the needs of all their depositors, amid the shutter of multiple regional banks....

Independently-run global asset manager Baillie Gifford trimmed its Tesla Inc. (NASDAQ: TSLA) stake in the fourth quarter amid the pullback in the stock, according to a recent 13-F filing by the company. What Happened: U.K.-headquartered Baillie Gifford held 26.81 million shares of Tesla at...

Edinburgh-based investment management company Baillie Gifford has sold over 7 million shares of Chinese EV-maker Li Auto Inc (NYSE: LI) during the third quarter while lapping up over 50,000 shares of peer Nio Inc (NYSE: NIO), according to 13 F filings of the company. The fund also loaded up on...

Scotland-based investment management firm Baillie Gifford reshuffled its portfolio in the second quarter, with the noteworthy change being a drastic cut in its holding of Chinesed stocks, a 13F filing by the firm on Monday showed. China Stocks Fall Out Of Favor: Baillie Gifford, founded in 1908...

This weekend's Barron's cover story says investors are rushing to adapt to a turbulent year ahead, after the worst January since 2008. Other featured articles discuss why a streaming giant is ready for a comeback and concerns about the future of an online brokerage. Also, an...

One of the highest-valued private companies could soon do an IPO if hints from the company’s CEO turn out to be true. What Happened: SpaceX CEO Elon Musk, who is also the CEO of Tesla Inc (NASDAQ: TSLA) got Twitter Inc (NYSE: TWTR) users excited when he replied to a Sept. 3 post about wanting...

Investment firm Baillie Gifford lowered exposure in Tesla Inc (NASDAQ: TSLA), Alibaba Group Holding (NYSE: BABA) and Nio Inc (NYSE: NIO) in the third quarter and snapped up shares in vaccine maker Moderna Inc (NASDAQ: MRNA) and Ginkgo Bioworks Holdings (NYSE: DNA) instead, regulatory filings reveal...

Last week featured eight announced SPAC deals. The week also had earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals and headline news, all covered on Benzinga’s “SPACs Attack.” SPAC Deals Quantum encryption company Arqit Limited...

Investment management firm Baillie Gifford shed significant stake in electric carmakers Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) in the first quarter and bought shares in vaccine maker Moderna Inc (NASDAQ: MRNA), regulatory filings reveal. What Happened: Baillie Gifford, a 110-year-old...

One of the largest SPACs seeking a target could be nearing a $20 billion deal to bring one of the largest privately-held biotechnology companies public. The SPAC Rumor: Bloomberg reports Ginkgo Bioworks is in talks with Soaring Eagle Acquisition Corp (NASDAQ: SRNGU), a SPAC led by Harry Sloan and...

An electric vertical take-off and landing jet company is going public via SPAC with a merger announced Tuesday morning. The SPAC Deal: Lilium announced a merger with Qell Acquisition Corp (NASDAQ: QELL), valuing the company at a pro forma equity value of $3.3 billion. Qell Acquisition's...

Barron’s hosted its annual Roundtable event on Monday in which Wall Street experts discuss their outlook for the market and the economy in the year ahead. Here’s a rundown of what the experts are watching in 2021. Todd Ahlsten, chief investment officer and lead portfolio manager of...

A low-cost portable ultrasound company is hitting the public market with a SPAC deal announced Friday. The SPAC Deal: Butterfly Network, a handheld portable ultrasound company, is merging with Longview Acquisition Corp (NYSE: LGVW). The deal values Butterfly Network at $1.5 billion. Longview...