Latest News, Technology | AI
IBM agrees to acquire Confluent for $11 billion in all-cash deal IBM (NYSE: IBM) announced it will acquire data streaming company Confluent Inc. (CFLT) for $31 per share in cash, representing an enterprise value of $11 billion. The transaction is expected to close by...
Latest News, Market Movers
Netflix and chill, Netflix to acquire Warner Bros. Discovery in $82.7 billion Netflix has agreed to acquire Warner Bros. Discovery in a cash and stock transaction valued at $27.75 per share, with a total enterprise value of approximately $82.7 billion.The deal,...
Economic Impact, Latest News
Numbers don’t lie, ADP showed an actual decrease of 32,000 jobs, a stark contrast to the forecasted addition of 5,000 jobs. The ADP National Employment Report, a key indicator of the monthly change in non-farm, private employment, revealed a surprising downturn in its...