Latest news with #Yoni
Hindustan Times
22-05-2025
- Politics
- Hindustan Times
Capital Jewish Museum shooting: Witness describes what suspect did after attack, ‘He grabbed a red keffiyeh…'
A man who was at the Jewish event in Washington, D.C., when two Israeli Embassy staff members were shot dead on Wednesday night, May 21, has described the events that transpired after the attack. The suspect has been identified as Elias Rodriguez of Chicago. Yoni Kalin, who was at the event, told Fox 5 DC that he heard gunshots and then saw 'somebody run in.' 'The security guard happened to let this guy in,' Yoni said. 'I guess they were thinking that he was a victim, and he was covered in rain. He was clearly in trauma. He was in shock. Some of the people at the event brought him water. They sat him down. 'Are you okay? Were you shot? What happened?' And he's like, 'Somebody call the cops, bring the cops in.' So about 10 minutes later, when the cops actually came in, he said, 'I did this.' He said, 'Sir, I'm unarmed.'' Yoni added, 'He put his, put his hands up, he grabbed a red keffiyeh out of his pocket and started the 'Free Palestine' chant.' He added that the suspect continued to yell 'Free Palestine' while being dragged out of the building. 'I tried to hand his keffiyeh back because I didn't really realize that he murdered two people,' Yoni said. The event where the shooting took place was largely focused on how to build a coalition to help Gazans, BBC reported. JoJo Kalin, a board member of the American Jewish Committee who organized the event, said, 'I'm not going to lose my humanity over this or be deterred. And that Israelis and Palestinians both still deserve self determination and [it is] just deeply ironic that that's what we were discussing. It was bridge building and then we were all hit over the hide with such hatred.'
Yahoo
15-05-2025
- Business
- Yahoo
Co-founder says eToro IPO is a testament to market recovery as it aims to become a go-to investment app
Newly public eToro is now trading successfully on its own platform. Its stock saw sizzling action after its Wednesday debut on the Nasdaq. Shares of eToro opened at $69.69, 34% above the IPO pricing. The stock finished the session up 29% at $67, giving the company a market cap of $5.4 billion. Shares fell about 3% on Thursday. The company's ticker page remained among the most active on the Yahoo Finance platform. "I do think obviously markets have come a long way since 'Liberation Day.' That's not related to only eToro. But you know, we've seen a lot of great engagement and feedback from investors. The roadshow for us was an amazing experience," eToro co-founder and CEO Yoni Assia told me on Yahoo Finance today. The company priced its IPO late Tuesday at $52 a share, above the planned range of $46 to $50. It raised about $310 million in the offering by selling six million shares. The sale valued eToro at $4.2 billion. The business had targeted a $4 billion valuation on its IPO roadshow. Rival Robinhood (HOOD) — which has made a series of acquisitions the past two years to become a budding asset manager — has a market cap of $51 billion. EToro was co-founded in 2007 in Israel by Yoni and his older brother, Ronen Assia. Yoni has said the company was started in his parents' garage on a big internet server. Ronen sits on the management team and is an executive director. The company grew quickly from its inception as new investors entered a bull market, initially raising $1.5 million at a $5 million valuation. It launched bitcoin trading in 2013, around the time of the crypto winter that depressed digital asset values. The team behind eToro has eyed public markets before but opted not to pull the trigger. It was slated to go public through a special-purpose acquisition company (SPAC) in 2022, which would have valued the business at $10.4 billion. The deal fell apart amid more government scrutiny on the once-popular SPAC IPO process. It then raised $250 million in 2023 at a valuation of $3.5 billion. Just last month, it delayed investor presentations for its IPO amid heightened market volatility tied to the Trump administration's trade war. Today, eToro boasts 40 million registered users spanning 75 countries. Financial results in the first quarter were mixed. Profits were hampered by investments to capture new clients with markets at elevated levels prior to President Trump's "Liberation Day." Per eToro's prospectus for the quarter ended March 31: Funded accounts: +14% year over year to 3.58 million Adjusted EBITDA: $76 million to $80 million, down 10% at the midpoints The company earned 43% of its trading commissions from stock trading and 37% from crypto Yoni Assia says he has big growth ambitions. "We are in 12 different regions, including the US. We have offices in Europe, UK, Australia, Singapore, UAE, and are very excited about the path of growing our business now entering into savings and wealth management, and retirement as well in two of our markets, both Australia and the UK. We think the opportunity is very, very big to eventually become the investment apps of our younger generations," Assia explained. Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email
Yahoo
15-05-2025
- Business
- Yahoo
Co-founder says eToro IPO is a testament to market recovery as it aims to become a go-to investment app
Newly public eToro is now trading successfully on its own platform. Its stock saw sizzling action after its Wednesday debut on the Nasdaq. Shares of eToro opened at $69.69, 34% above the IPO pricing. The stock finished the session up 29% at $67, giving the company a market cap of $5.4 billion. Shares fell about 3% on Thursday. The company's ticker page remained among the most active on the Yahoo Finance platform. "I do think obviously markets have come a long way since 'Liberation Day.' That's not related to only eToro. But you know, we've seen a lot of great engagement and feedback from investors. The roadshow for us was an amazing experience," eToro co-founder and CEO Yoni Assia told me on Yahoo Finance today. The company priced its IPO late Tuesday at $52 a share, above the planned range of $46 to $50. It raised about $310 million in the offering by selling six million shares. The sale valued eToro at $4.2 billion. The business had targeted a $4 billion valuation on its IPO roadshow. Rival Robinhood (HOOD) — which has made a series of acquisitions the past two years to become a budding asset manager — has a market cap of $51 billion. EToro was co-founded in 2007 in Israel by Yoni and his older brother, Ronen Assia. Yoni has said the company was started in his parents' garage on a big internet server. Ronen sits on the management team and is an executive director. The company grew quickly from its inception as new investors entered a bull market, initially raising $1.5 million at a $5 million valuation. It launched bitcoin trading in 2013, around the time of the crypto winter that depressed digital asset values. The team behind eToro has eyed public markets before but opted not to pull the trigger. It was slated to go public through a special-purpose acquisition company (SPAC) in 2022, which would have valued the business at $10.4 billion. The deal fell apart amid more government scrutiny on the once-popular SPAC IPO process. It then raised $250 million in 2023 at a valuation of $3.5 billion. Just last month, it delayed investor presentations for its IPO amid heightened market volatility tied to the Trump administration's trade war. Today, eToro boasts 40 million registered users spanning 75 countries. Financial results in the first quarter were mixed. Profits were hampered by investments to capture new clients with markets at elevated levels prior to President Trump's "Liberation Day." Per eToro's prospectus for the quarter ended March 31: Funded accounts: +14% year over year to 3.58 million Adjusted EBITDA: $76 million to $80 million, down 10% at the midpoints The company earned 43% of its trading commissions from stock trading and 37% from crypto Yoni Assia says he has big growth ambitions. "We are in 12 different regions, including the US. We have offices in Europe, UK, Australia, Singapore, UAE, and are very excited about the path of growing our business now entering into savings and wealth management, and retirement as well in two of our markets, both Australia and the UK. We think the opportunity is very, very big to eventually become the investment apps of our younger generations," Assia explained. Brian Sozzi is Yahoo Finance's Executive Editor. Follow Sozzi on X @BrianSozzi, Instagram, and LinkedIn. Tips on stories? Email Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
15-05-2025
- Entertainment
- Time of India
If Kundli Matching Was Honest: 'This Couple Will Argue About What to Order Forever
Kundli matching – that age-old practice of aligning celestial bodies for marital harmony . But let's be real, if it were brutally honest, it'd come with disclaimers and subtitles for the modern age, especially when it comes to the everyday battlegrounds of coupledom. Forget perfect planetary alignment; sometimes the biggest conflict is over takeout. Here's a peek at what truly honest Kundli matching might sound like: Ashtakoota Score: 34/36 Translation: "The cosmos gives you a thumbs-up. However, prepare for annual debates about vacation destinations, and a silent, lifelong judgment of each other's dishwashing techniques." Mangal Dosha Alert Modern decode: "One of you has a fiery inner rebel. Expect passionate arguments followed by equally passionate reconciliations. Or spectacular implosions. It's a coin flip, really." Rashi Compatibility : Great Emotional Sync Truth: "One cries during animated films, the other blames seasonal allergies. Neither possesses the vocabulary for feelings without a prolonged period of silent brooding and a carefully curated emotional playlist." Nadi Dosh : Present Ancient meaning: "Elevated probability of genetic incompatibility." Real talk: "Identical twins? Highly improbable. Also, prepare for a never-ending saga of baby name disagreements. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Добро пожаловать в Аравию SAUDI Забронировать Undo Expect years of debate and a shared Google Doc titled 'Names the Other Person Will Absolutely Reject.'" Gana Compatibility: Rakshasa + Deva Spiritual translation: "A celestial dance between the demonic and the divine." Reality check: "One finds inner peace through meditation, the other through aggressively scrolling through memes. Against all odds, it somehow works... until Mercury goes retrograde. Then, all bets are officially off." Yoni Compatibility: 100% Planetary signal: "Explosive chemistry between the sheets." Modern echo: "They'll bicker incessantly about trivialities, only to engage in passionate cuddles that would make Nicholas Sparks weep. Essentially, the astrological equivalent of 'Mr. & Mrs. Smith .'" So, while the stars might align beautifully on paper, the human element introduces a delightful layer of unpredictable chaos. Because even the most favorable planetary alignment can't predict or prevent the timeless marital struggle: the eternal question of "What shall we eat tonight?" And definitely not the great pineapple-on-pizza divide. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
CNBC
13-05-2025
- Business
- CNBC
Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
EToro, a stock brokerage platform that's been ramping up in crypto, has priced its IPO at $52 a share, as the company prepares to test the market's appetite for new offerings. The company had planned to sell shares at $46 to $50 each. IPOs looked poised for a rebound when President Donald Trump returned to the White House in January after a prolonged drought spurred by rising interest rates and inflationary concerns. CoreWeave's March debut was a welcome sign for IPO hopefuls such as eToro, online lender Klarna and ticket reseller StubHub. But tariff uncertainty temporarily stalled those plans. The retail trading platform filed for an initial public offering in March, but shelved plans as rising tariff uncertainty rattled markets. Klarna and StubHub did the same. EToro's Nasdaq debut, under ticker symbol ETOR, may indicate whether the public market is ready to take on risk. Digital physical therapy company Hinge Health has started its IPO roadshow, and said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming offering. Also on Tuesday, fintech company Chime filed its prospectus with the SEC. Founded in 2007 by brothers Yoni and Ronen Assia along with David Ring, eToro competes with the likes of Robinhood and makes money through fees related to trading, including spreads on buy and sell orders, and non-trading activities such as withdrawals and currency conversion. Net income jumped almost thirteenfold last year to $192.4 million from $15.3 million a year earlier. The company has been ramping up its crypto business, with revenue from cryptoassets more than tripling to over $12 million in 2024. One-quarter of its net trading contribution last year came from crypto, up from 10% the prior year. This isn't eToro's first attempt at going public. In 2022, the company scrapped plans to hit the market through a merger with a special purpose acquisition company (SPAC) during a sharp downturn in equity markets. The deal would have valued the company at more than $10 billion. CEO Yoni Assia told CNBC early last year that eToro was still aiming for a market debut but "evaluating the right opportunity" as it was building relationships with exchanges, including the Nasdaq. "We definitely are eyeing the public markets," he said at the time. "I definitely see us becoming eventually a public company." EToro said in its prospectus that BlackRock had expressed interest in buying $100 million in shares at the IPO price. The company said it planned to sell 5 million shares in the offering, with existing investors and executives selling another 5 million. Underwriters for the deal include Goldman Sachs, Jefferies and UBS.
