Kodiak AI stock gains amid Stoneridge partnership announcement

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• Collective, which uses AI to automate bookkeeping for solo business owners, raised a $40M Series B and $60M in nondilutive capital from GC's Customer Value Fund (Natalie Breymeyer/Axios)

  The combined debt and equity financing brings nine figures of fresh capital to the platform designed to simplify back-office operations for single-operator companies. Led by executive Hooman Radfar, the business targets solo entrepreneurs who need streamlined financial tooling without enterprise-level overhead. The cash injection strengthens its ability to automate administrative workflows for independent professionals.

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• Doordash to buy Instacart in $17bn deal it says will expand customer options

  DoorDash has agreed to acquire grocery delivery company Instacart in a $17 billion deal, marking the company's largest acquisition to date. Under the terms, DoorDash will pay $65 per share—representing a 26% premium over Instacart's closing price on October 22—with the transaction financed by at least 75% cash. The merger is expected to close by the end of 2027 or during the first half of 2028.

  2 min read
• Harley-Davidson near-term outlook: cautiously bullish but fragile after Q3 misses

  Recent shortfalls in the company's third-quarter results have created a sensitive operating environment for the motorcycle manufacturer. While immediate projections lean toward optimism, the underlying foundation remains precarious due to these recent quarterly misses. Moving forward, the company must carefully manage its market position to sustain positive momentum.

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