Databricks' $10B Boom and MoreIPO signals

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🤴 Good Morning, Cash Nutters!

Welcome to your daily dose of the freshest headlines, market buzz, and tech scoops—all served hot and engaging just like your first cup of coffee. From a big IPO signal to automakers rethinking their game plans, let’s dive in.

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💥 Did Databricks Just Ignite the 2025 IPO Boom?

Wall Street is finally stretching its legs after a long nap.

What Happened: In a market where tech IPOs have been scarcer than a good Elon Musk meme, Databricks made waves on Tuesday, securing a staggering $10 billion in fresh financing and bumping its valuation to $62 billion — up from $43 billion last year.

The AI data wizard plans to use this mountain of cash to:

• Fund strategic acquisitions

• Expand its global footprint

• Give long-awaiting employees some much-needed liquidity on their stock options.

The Rivals Are Watching: Snowflake, Databricks’ closest competitor, ended Monday with a $57 billion valuation. Safe to say, Snowflake execs are probably double-checking their calculators over artisanal kombucha.

Why This Matters: Databricks is hitting big milestones, like a projected $3 billion revenue run rate by January and achieving positive free cash flow for the first time in its history. If tech unicorns like this keep flexing their muscles, expect a 2025 IPO revival to follow suit.

👥 Grammarly Buys Coda to Take On Workplace Giants

AI tools are teaming up—and Notion better watch its back.

Grammarly, your trusty AI writing assistant, has announced its acquisition of Coda, the productivity platform known for dynamic documents.

What’s Next:

• Shishir Mehrotra, Coda’s co-founder, will take over as CEO of Grammarly.

• The combined powerhouse plans to integrate Coda’s tools with Grammarly’s AI suite to create a productivity super-app.

Why this matters: Grammarly is positioning itself to challenge workplace tool behemoths like Notion and Microsoft 365, aiming to create the ultimate one-stop shop for productivity and collaboration.

🔄 Intel Finally Scores a GPU Win

It’s Intel’s time to shine in the budget GPU market.

Intel’s latest Arc B580 "Battlemage" GPU has officially taken the market by storm. Praised as the best budget GPU, it’s outperforming heavyweights like NVIDIA’s RTX 4060 and AMD’s RX 7600 on price and performance.

What’s Happening:

• Initial stock sold out almost immediately upon release.

• Intel is hustling to restock inventory weekly.

Why It Matters: For gamers and budget builders, Intel’s Arc B580 is proving to be a big win—offering impressive specs at a starting price of $250. With momentum like this, Intel’s graphics division may finally shake up the GPU duopoly.

🚗 Tesla vs. Japan’s Giants: Nissan & Honda Merger Buzz

It takes two (or three) to tango when Tesla’s leading the dance.

Japanese automakers Nissan (OTCMKTS: NSANY) and Honda (NYSE: HMC) are reportedly discussing a potential blockbuster merger to take on EV leader Tesla.

Details:

• Talks include possibly roping in Mitsubishi Motors.

• The goal: Combine forces to compete with Tesla and regain momentum in the EV race.

The Numbers:

• Tesla is up 93% YTD, leaving Nissan (-34%) and Honda (-17%) in the dust.

• Both Japanese automakers have lagged in EV tech, falling behind especially in key markets like China.

The Stakes: If the deal happens, this could reshape the global auto industry, creating a super-entity to rival Tesla’s dominance. Stay tuned—this one’s far from parked.

📈 In Other News…

• 🛈 Amazon delays office mandates: Due to space constraints, Amazon ($AMZN) is pushing its 5-day office return policy in cities like Atlanta and New York to as far as May 2025. It’s a rare shift for the tech giant, which has been adamant about getting workers back in chairs.

• 🛏 Starbucks expands parental leave: Starting March 2025, birth parents will receive 18 weeks of fully paid leave, while non-birth parents get 12 weeks. Starbucks ($SBUX) is now leading the retail industry on parental benefits—a big perk for its 250,000 U.S. employees.

• 💰 White House tackles rental pricing algorithms: The White House claims RealPage’s pricing software inflated rents by $3.8 billion last year. Renters in cities like Atlanta reportedly paid an extra $181 monthly due to algorithmic pricing. A DOJ antitrust case against RealPage is ongoing.

• 💳 Bitcoin hits new all-time high: Surpassing $110,000, Bitcoin’s surge is fueled by institutional investments and renewed optimism about its role as a hedge against inflation.

• 🛶 Walmart tests body cameras: In efforts to curb rising theft and improve safety, Walmart employees in select stores are now testing body cameras.

• 🍽 Grubhub’s $25M settlement: The food delivery platform agreed to settle allegations of hidden fees and deceptive practices, making changes to better serve customers, drivers, and restaurants.

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🌟 Thanks for Reading!

That’s all for today, Cash Nutters! Stay curious, caffeinated, and ready to conquer the day. Got feedback? Hit reply and share your thoughts—we’re all ears.

Catch you tomorrow with more insights and market goodies.

✨ Cash Nut Team 🌟