OpenAI-backed Thrive Holdings to acquire ADT for $15.3B enterprise value
Thrive Holdings, a PE spin-out backed by OpenAI, is acquiring ADT for $10 per share, valuing the home security company at roughly $7.6B in equity and $15.3B in enterprise value, per TechCrunch. The deal marks a notable move by an OpenAI-linked sponsor into physical/home security.
Source:
techcrunch.com: https://techcrunch.com/2026/10/29/openai-backed-thrive-holdings-acquires-adt/
Not financial advice. For informational and educational purposes only.
Christine Lagarde's departure has my attention more than today's expected rate hold.
Christine Lagarde's departure has my attention more than today's expected rate hold. The ECB says she will step down on 7 February 2027. She informed the Governing Council and European Council President António Costa today, and the European Council will appoint her successor through the…
Intel plunges 17% after-hours as weak Q4 forecast overshadows Q3 beat
Intel shares dropped 17% to $75.84 in after-hours trading after the chipmaker guided Q4 revenue…
End of the Gold Standard — $35 Peg to $4,038 Gold
On August 15, 1971, Nixon closed the gold window, ending the dollar's fixed $35-an-ounce peg from Bretton Woods and setting gold free to float.
On August 15, 1971, Nixon closed the gold window, ending the dollar's fixed $35-an-ounce peg from Bretton Woods and setting gold free to float. Fifty-five years later, gold futures are at $4,038.20 an ounce, about 115 times the old peg.
Latest Earnings Show Why Net Margins Need Context
$GOOGL reached $280.36 this morning, 13.71% below its pre-earnings close, after Alphabet reported Q3 EPS and revenue below estimates.
$GOOGL reached $280.36 this morning, 13.71% below its pre-earnings close, after Alphabet reported Q3 EPS and revenue below estimates. Shares recovered 1.59% from that low to $284.82, still down 12.33%. Search advertising growth slowed to 12%, while $51.4B in capital spending…