Mon.Oct 23, 2023

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After $43B valuation, Databricks acquires data replication startup Arcion for $100M

TechCrunch: M&A

Databricks has remained a hot startup at a time when interest from investors has cooled across the ecosystem. Just last month the company raised $500 million at an eye-popping $43 billion valuation. That would be big money anytime, but especially in the current fundraising climate. With that kind of dough in its coffers, the company […] © 2023 TechCrunch.

Valuation 266
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EU Foreign Subsidies Regulation: is Your Company Ready?

JD Supra: Mergers

As of October 12, 2023, notification obligations under the European Union’s (EU’s) groundbreaking Foreign Subsidies Regulation No. 2022/2560 (FSR) have started to apply, with wide-ranging implications for businesses operating in and with the EU.

Business 175
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How to Build a Successful Business: Insights from an Investor, Entrepreneur, and Mindset Coach

How2Exit

b' rn E152: Austin Linney, Investor and Entrepreneur, Discusses Buying and Growing Businesses Watch Here: rn rn rn rn rn rn rn Here is what my team and I learned from this interview: (These are notes from team members, writers, sometimes AI, and even listeners who submitted what i learned loosely edited and shared here) - If it seems a bit unrefined, you're reading our notes, so. yeah.

Investors 130
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[Event] Life Sciences Dealmaking Symposium - November 9th, Boston, MA

JD Supra: Mergers

Please join McDermott for our highly anticipated Life Sciences Dealmaking Symposium! Now in its 12th year, the Symposium offers a unique platform for education, insight sharing, purposeful networking and strategic collaboration.

Education 165
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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10-23-2023 Newsletter: Why Take-Private Dealmaking Remains Attractive for PE Investors

OfficeHours

Written by a top OfficeHours Coach; Original article published on October 16, 2023 In today’s world, there is much uncertainty around public markets. However, for private equity investors, this uncertainty represents a unique opportunity to take advantage of investment opportunities in public markets. A “take-private” transaction in the context of private equity is a process by which a PE firm acquires a publicly listed company and converts it into a privately held entity.

Investors 130

More Trending

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'The bond vigilante is coming back,' UBS strategist says

CNBC: Investing

The "bond vigilantes are coming back" as investors continue to sell amid the prospect of a growing fiscal deficit, according to UBS Asset Management's Kevin Zhao.

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UK to release experimental jobless data instead of standard numbers

Global Banking & Finance

UK to release experimental jobless data instead of standard numbers LONDON (Reuters) -Britain’s Office for National Statistics (ONS) said it would publish an experimental adjusted estimate of Britain’s unemployment rate on Tuesday, instead of its usual labour market survey which has suffered from a falling response rate.

IT 128
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Wall Street hikes forecasts for anti-obesity drug sales to $100 billion and beyond. A look at the numbers

CNBC: Investing

Citi notched its estimate for incretin drug sales to $71 billion by 2035, up from its prior estimate of $55 billion. That view seems conservative. Here's why.

Sale 145
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Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal

The New York Times: Mergers, Acquisitions and Dive

The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

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This maker of an atrial fibrillation device has nearly 70% upside, JMP Securities says

CNBC: Investing

Analyst Daniel Stauder initiated coverage of the stock with an outperform rating and $60 price target, implying shares could soar almost 70%.

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How High Interest Rates Sting Bakers, Farmers and Consumers

The New York Times: Banking

Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.

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The S&P 500 just hit a key level. That could trigger a big shift in this $2 billion ETF

CNBC: Investing

The Pacer Trendpilot US Large Cap ETF (PTLC) uses the 200-day moving average of the S&P 500 total return index to determine asset allocation.

S&P 112
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Data Protection in PCI DSS 4.0 – What You Need to Know to Be Compliant

Global Banking & Finance

Data Protection in PCI DSS 4.0 – What You Need to Know to Be Compliant Anastasios Arampatzis Data protection and security are essential to achieving and maintaining Payment Card Industry Data Security Standard (PCI DSS) compliance.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.

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A 'panic spike' is possible late October into November, says Bank of America's chart analyst

CNBC: Investing

The technical strategist says a retest of the 4,200 level could mean stocks will soon bounce from their recent pullback.

Bank 115
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Chevron to buy oil and gas producer Hess in $53bn all-stock deal

The Guardian: Mergers & Acquisitions

Takeover puts Chevron head-to-head with ExxonMobil in oil-rich Guyana and US shale industry Business live – latest updates Chevron has announced plans to buy the oil producer Hess Corporation in a $53bn (£44bn) deal, becoming the second American energy giant to place a vast bet on fossil fuel production this month. The all-stock takeover, which will increase Chevron’s presence in oil-rich Guyana, was unveiled less than two weeks after another of the world’s largest oil companies, Exxon Mobil, sa

Stock 100
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BP Ventures to invest $200m in dozen green energy startups

Growth Business

By Timothy Adler on Growth Business - Your gateway to entrepreneurial success BP expects to invest $200 million in up to a dozen disruptive green technology start-ups this year through its BP Ventures arm. BP Ventures, the corporate venture capital arm of the energy giant, expects to plough more than 90 per cent of its spending between 2023 and 2026 into the company’s five “transition growth engines” of bioenergy, electric vehicle charging, convenience, hydrogen and renewables and power.

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September-October Issue of Deal Lawyers

Deal Lawyers

The September-October issue of the Deal Lawyers newsletter was just posted and sent to the printer.

M&A 100
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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Morgan Stanley warns snack companies that weight loss drug study showed 'significant reduction in food consumption'

CNBC: Investing

The firm said it may not be a near-term risk as drug usage still has to ramp up.

Food 132
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Vista to acquire software firm EngageSmart in take-private $4bn deal

PE Hub

According to terms of the deal, EngageSmart stockholders will receive $23.00 per share in cash upon completion of the proposed transaction. The post Vista to acquire software firm EngageSmart in take-private $4bn deal appeared first on PE Hub.

Shares 87
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Analyst calls: All the market-moving chatter from Wall Street Monday morning

CNBC: Investing

Check out the market-moving analyst calls and latest chatter on Wall Street today.

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AMG invests in Ara Partners

PE Hub

The stake was previously held by Capital Constellation, an investment platform managed by Wafra Inc. The post AMG invests in Ara Partners appeared first on PE Hub.

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How to Leverage AI for Actionable Insights in BI, Data, and Analytics

In the rapidly-evolving world of embedded analytics and business intelligence, one important question has emerged at the forefront: How can you leverage artificial intelligence (AI) to enhance your application’s analytics capabilities? Imagine having an AI tool that answers your user’s questions with a deep understanding of the context in their business and applications, nuances of their industry, and unique challenges they face.

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How options traders are setting up for the major tech earnings this week

CNBC: Investing

Four of the so-called "Magnificent Seven" mega-cap companies will be reporting this week.

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True Green Capital sees retail energy expansion via community solar

PE Hub

True Green intends to build 200 MW of community solar projects, and by the end of 2024 it expects to have more than 100 MW of that portfolio constructed. The post True Green Capital sees retail energy expansion via community solar appeared first on PE Hub.

Retail 79
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Eyeing dividend-paying stocks? Don’t rush to pick up the richest yielding names

CNBC: Investing

Don't fall for the siren call of unreasonably high dividends.

Stock 116
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Onex to buy Accredited business from R&Q Insurance Holdings

PE Hub

R&Q Insurance Holdings is a Hamilton, Bermuda-based non-life specialty insurance company. The post Onex to buy Accredited business from R&Q Insurance Holdings appeared first on PE Hub.

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Embedded Analytics Insights for 2024

Organizations look to embedded analytics to provide greater self-service for users, introduce AI capabilities, offer better insight into data, and provide customizable dashboards that present data in a visually pleasing, easy-to-access format. To better understand the factors behind the decision to build or buy analytics, insightsoftware partnered with Hanover Research to survey IT, software development, and analytics professionals on why they make the embedded analytics choices they do.

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Market stability key as regulators battle to keep up with technological developments

The TRADE

Market stability remains a key focus for regulators who are battling to keep up as technology propels forwards, says latest Liquidnet report, ‘moving on from Mifid’. As the market experiences a technological surge – with no end in sight as development continues to accelerate – the ‘Q3 2023 liquidity landscape’ report made clear that though regulators remain focused on ensuring stability in markets, there are questions as to the ability to empirically ensure this.

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Stonepeak to take marine cargo containers leasing company Textainer private for $7.4bn

PE Hub

According to terms of the agreement, Textainer shareholders will receive $50 per share in cash. The post Stonepeak to take marine cargo containers leasing company Textainer private for $7.4bn appeared first on PE Hub.

Shares 77
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Goldman's playbook for 5% 10-year yield. These strong balance sheet stocks are winners

CNBC: Investing

"We expect investors will continue to focus on balance sheet strength and avoid companies that are most vulnerable to increased borrow costs," the firm said.