Today's Finance Pulse
Anthropic secures $65B round, valuation hits $965B
Anthropic announced a $65 billion Series H financing that pushes its post‑money valuation to $965 billion, overtaking OpenAI as the world’s most valuable AI startup. The capital surge reflects strong enterprise demand for its Claude chatbot and reshapes the AI sector ahead of upcoming high‑profile IPOs.
Also developing:
MYCPE ONE Introduces Benchmarking Reports for CPA and Accounting Firms with AI-Powered Peer Comparison
MYCPE ONE has launched AI‑powered Benchmarking Reports tailored for CPA and accounting firms, allowing leaders to compare performance against anonymized industry peers. The platform automates data collection, eliminates spreadsheets, and rolls prior‑year data forward, reducing repetitive entry by up to 80%. A single subscription fee provides unlimited access to all reports, delivering insights on profitability, staffing ratios, and operational efficiency. By turning raw firm data into actionable intelligence, the tool aims to drive smarter growth planning and margin improvement across the accounting sector.
1181: What AI Means for the Future of Finance Leadership | Yuval Atsmon, CFO & Sr Partner, McKinsey & Company
In this episode, senior partner and new CFO Yuval Atsmon discusses how AI and shifting client expectations are reshaping finance leadership at McKinsey, a firm that advises the rest of the business world. He explains the need for real‑time visibility,...
Report Claims Samsung Might Post Its First-Ever Mobile Division Loss This Year, Blaming RAM Crisis
A recent Korean report indicates Samsung’s mobile (MX) division may post its first operating loss, driven by a global RAM shortage that has inflated component costs. The concern was voiced by TM Roh, head of the MX unit, confirming internal...
YieldMax® DKNG Option Income Strategy ETF (NYSE Arca: DRAY) Notice of NAV Restatement
Tidal Investments announced a net asset value (NAV) restatement for the YieldMax® DKNG Option Income Strategy ETF (DRAY) covering March 2 through April 24, 2026. The March 2 NAV was overstated by $0.115 per share, while each subsequent business‑day NAV was understated by $1.6675 per...
Iluka Cuts Output to Accelerate $660 M Eneabba Rare‑Earth Refinery Build‑out
Iluka Resources reduced zircon, rutile and synthetic rutile production and idled its Cataby plant, redirecting capital to the Eneabba rare‑earth refinery, now 99% engineered and $660 million invested, with a 2027 operational target.
Paramount‑Skydance Wins Shareholder Vote and FCC Backing for $111 B Warner Bros. Deal
Paramount‑Skydance’s $111 billion acquisition of Warner Bros. Discovery has cleared two critical obstacles: shareholder approval and an endorsement from FCC Chairman Brendan Carr. The deal would combine Paramount’s CBS, Nickelodeon and Comedy Central with Warner’s film studios, streaming platforms and CNN,...
ERP Research Unveils 2026 Top ERP Systems for Real Estate Developers and REITs
ERP Research published its 2026 ranking of the best enterprise resource planning (ERP) systems for real‑estate developers, property managers and REITs. The guide stresses that ASC 842 and IFRS 16 lease‑accounting changes are driving a wave of modernization, while multi‑entity consolidation remains...
EQT Closes $15.6 B Asia Buyout Fund, Region’s Largest Private‑Equity Raise
Sweden‑based EQT AB completed fundraising for its Asia‑focused buyout vehicle, BPEA Private Equity Fund IX, securing $15.6 bn from more than 75 new investors. The fund, the largest private‑equity raise ever in Asia, will target control deals in technology, healthcare and...
Greg Abel Becomes CEO of Berkshire Hathaway as Buffett Steps Down, $373 B Cash
Warren Buffett announced his retirement and installed Greg Abel as chief executive of Berkshire Hathaway. The conglomerate entered the transition with a record $373 billion cash pile, while its stock has slipped 14% since the surprise announcement, raising questions about leadership...
SLB Reports 10% Revenue Drop as Middle East Turmoil Hits Earnings, While Digital Push Fuels Growth
SLB (formerly Schlumberger) posted a 10.5% sequential revenue decline, driven by Middle East disruptions, while its digital division grew 9% to $640 million. Management flagged a $0.06‑$0.08 EPS headwind from the region and confirmed a $451 million share‑repurchase program.
Alphabet Shares Climb 1.6% After Earnings Beat and Raised Guidance
Alphabet Inc. shares jumped 1.6% after the company reported earnings per share of $2.82, beating consensus by $0.25, and posted revenue of $113.83 billion. Analysts upgraded ratings and raised price targets, while insiders sold nearly $94 million of stock in the past...
Climate‑Tech IPOs Reopen: X‑Energy Raises $1B, Fervo Files for $3B Valuation
Nuclear startup X‑Energy went public this week, pulling in $1 billion and jumping 25% in its first hour of trading. At the same time, geothermal firm Fervo filed for an IPO that values it near $3 billion, marking the first sizable climate‑tech...
😷New Chapter 11 Bankruptcy Filing - John Fitzgibbon Memorial Hospital Inc.😷
On April 21, 2026, John Fitzgibbon Memorial Hospital Inc. and its affiliate Fitzgibbon Health Services filed Chapter 11 bankruptcy in the Western District of Missouri. The hospital operates a 60‑bed acute‑care facility, while FHS runs the 99‑bed The Living Center...
Protea Launches AMC to Mirror Worldwide Fund
Protea Asset Management announced the launch of a new Asset Management Company (AMC) designed to mirror a worldwide equity fund. The feeder structure will give South African investors direct exposure to a diversified global index while handling currency conversion internally....
Veeva: $36B SaaS Built on $7M Funding
An early Salesforce employee built a $36 billion software company for one industry. He only raised $7 million before going public at $4.4 billion. All in just six years. This is Veeva, the most capital-efficient SaaS company you've never heard of:
Deals Hinge on Stabilized Yield, Not Current Income
There are generally two main myths that you hear about how real estate deals are sold. The first is that properties are sold based on their in-place income. The second is that properties are sold based on the market cap rate. These...
Raízen Adds Cash in Offer to Creditors, Balks at Board Changes
Raízen SA submitted an alternative restructuring proposal to its creditors, aiming to resolve a 65 billion‑real ($13 billion) debt. The plan includes raising between 2.5 billion and 5 billion reais ($0.5‑$1 billion) in new capital, a figure lower than the creditors' request for an 8 billion‑real...
SaaS Valuations: Growth Premiums Vary Widely
Not all SaaS valuations are expensive. Looking at forward P/E vs NTM revenue growth gives a cleaner view of how the market is pricing expected growth across SaaS. $PLTR stands out as one of the fastest growers at roughly 62% expected growth,...
Matson Expands Share Repurchase Program
Matson Inc. announced an expansion of its share repurchase program, adding three million shares and extending the buyback window through December 31, 2029. The company also declared a quarterly dividend of $0.36 per common share payable on June 4, 2026. Since the program’s inception...
Apollo Sells $9 B CRE Loan Portfolio to Athene, Shifting Strategy
Apollo Commercial Real Estate Finance (ARI) completed a $9 billion sale of its commercial‑mortgage loan portfolio to Athene Holding Ltd. on April 24, 2026, after shareholder approval. The deal is a strategic pivot designed to shore up liquidity, reduce exposure to...
CME Group Adds Avalanche and Sui Futures, Expands Regulated Crypto Derivatives
CME Group announced on April 7, 2026 that it will list regulated futures contracts for Avalanche (AVAX) and Sui (SUI), with trading slated to begin on May 29, 2026. The move adds micro‑ and standard‑size contracts and follows a 19%...
Germany’s Debt Spiral Deepens as Berlin Plans €2.7 Trillion in Bonds by 2029
Germany’s finance ministry unveiled a draft budget that would push visible sovereign debt to €2.7 trillion (about $2.9 tn) by 2029, with nearly one‑third of the €630 billion current spending financed by borrowing. The Federal Court of Auditors and the Ifo Institute warned...
Vanguard S&P 500 ETF Serves as Core Holding While Three Vanguard Funds Show Five‑Year Edge
A recent analysis highlights the Vanguard S&P 500 ETF as a reliable long‑term core for investors, yet points to three Vanguard ETFs—VGT, VBK and VYMI—that have outperformed the S&P 500 over rolling five‑year periods. The piece argues that adding these...
G‑7 Central Banks Hold Rates Steady, Keeping Bond Yields on Edge
The Federal Reserve, European Central Bank, Bank of England, Bank of Japan and Bank of Canada are expected to leave policy rates unchanged this week, a stance that will keep short‑term bond yields flat while investors watch for inflationary pressure...
Two Topics Likely to Come up in the First Berkshire Hathaway Annual Meeting without Buffett
Berkshire Hathaway’s first annual meeting without Warren Buffett will be led by new CEO Greg Abel and insurance chief Ajit Jain, signaling a pivotal leadership transition. Share repurchases resumed in March, with roughly $225 million bought back, while the stock trades...
5x EBIT For This Mispriced SaaS
A small‑cap SaaS firm is trading at roughly five times its projected 2026 operating income, despite delivering 26% annual sales growth, 89% recurring revenue and minimal churn. The company is gaining traction with new enterprise customers and government contracts, signaling...
From Warning to Funding: Russia’s Expanding Media Machine and the Risk Signals Ahead
Russia’s draft 2026 federal budget earmarks roughly $1.78 billion for state‑run media, a 28% rise from the 2021 baseline. The allocation fuels RT, VGTRK, and a youth‑propaganda vehicle, while new programs target African and Asian audiences. Recent DOJ indictments and EU...
NexG’s Silence Signals Standard Legal Hold Amid Probe
NexG just said “no further comment” on RM303.7 million in alleged misuse. They made the statement on Bursa Malaysia. That’s not arrogance. That’s the legal holding pattern every listed company runs when Bursa and enforcement bodies are circling.
SpaceX’s 2025 Launch
How did SpaceX spend $3.6B of capex in its launch business in 2025 (compared to $4.1B of revenues and $3.5B of expenses)? How much of that was on Starship (it is reported that Starlink was a separate $4.2B capex line...
Porsche Sells Bugatti Rimac Stake to HOF‑BlueFive Consortium in $1B‑plus Deal
Porsche agreed to sell its 45% share in Bugatti Rimac and its 20.6% holding in Rimac Group to a consortium led by New York‑based HOF Capital, with Abu Dhabi‑based BlueFive Capital as the largest investor. Valuations suggest the transaction exceeds...
Forward Revenue Multiples Span From 1.2× to 8.1×.
This slide is money. Bottom left *forward* revenue multiple 1.2x. Top right 8.1x. (From the Redpoint 2026 Market Update.) https://t.co/Cj83biPeLo
Simple, Team‑size Based Pricing Bundles Outcomes Annually
Simple pricing wins. George Nichkov shares how they price based on R&D team size—making it predictable, clear, and easy to buy. Plus: multiple outcomes bundled into one annual fee. Watch 👇 https://t.co/rBv5AOvECt #SaaS #PricingStrategy #Startups https://t.co/Tg7HR4cD2o
12 U.S. Trucking Firms File Chapter 11 or Chapter 7 in April, Highlighting Industry Stress
Twelve U.S. trucking companies filed bankruptcy petitions in April—seven under Chapter 11 and five under Chapter 7—driven by soaring diesel prices, soaring insurance premiums and a 25% plunge in long‑haul demand. The wave of filings signals deepening financial strain across...
Private Credit Losses Remain Mild, Historically Sub‑1%
Interesting historical private credit metrics: - Private credit losses were -0.64% in 2025 - Long term historical annual average is -1.0% - Worst period was 2008-2010 in which the cumulative realized loss was -10.2% https://t.co/fnCeDwk655
Plan for Cash Buffers when Growth Veers Off Forecast
When growth deviates from projections, whether up or down, you need more cash to run the business. That’s why you raise more than you need (if raising) or keep more profits that you might think (if not). https://t.co/ei3DqCoVKW
CIBRA Capital Places $21 Million Merger‑Arbitrage Bet on Amicus Therapeutics Ahead of BioMarin Deal
CIBRA Capital Ltd disclosed a $21.17 million purchase of 1,476,861 Amicus Therapeutics shares, raising its stake to 11.78% of the fund’s assets. The trade is a classic merger‑arbitrage play on BioMarin Pharmaceutical’s pending $14.50‑per‑share cash offer for Amicus. Analysts see the...
LLMs Will Replace Wall Street Risk Models—Brilliant or Catastrophic
DeFi = code is law Agentic finance = models are judgment One is deterministic. The other is probabilistic. Wall Street spent decades building risk models. We're about to let LLMs make those calls in real-time. Either brilliant or catastrophic. Probably both.
Trend‑following Beats 60/40; UHNW Go Beyond Passive Mix
The 60/40 portfolio fell 17.5% in 2022. Trend-following returned +20.1% the same year. Passive equity + bonds = the minority in a UHNW portfolio. Wed April 29, 12pm ET — Greg Babij (CIO, $500M+ MFO) breaks down how it's actually built. $5M+ only:...
Cohere to Acquire Aleph Alpha in $20 B Deal, Backed by $600 M Schwarz Group Funding
Cohere announced a deal to acquire Germany’s Aleph Alpha, forming a transatlantic sovereign AI entity valued at roughly $20 billion. The transaction is backed by €500 million (≈$600 million) in structured financing from Schwarz Group, which will also lead Cohere’s upcoming Series E round.
Invoice Lifecycle Management: The Future of AP
Why the Future of AP Is Invoice Lifecycle Management by @antgrasso #Finance #Fintech #Technology #ArtificialIntelligence #MachineLearning #ML https://t.co/pZz6B2VXpw
Equity Risk Premium Remains Positive: Stocks Outperform Bonds
S&P 500 equity risk premium (earnings yield minus the 10yr TIPS yield) is still solidly positive... stocks are a better buy than bonds. @wisdomtreefunds https://t.co/JAZ7YxWZqN
JPMorgan Cuts India to Neutral, Boosts Asian Tech Amid AI Surge
JPMorgan has downgraded Indian equities to a Neutral rating and increased its allocation to Asian technology, especially Taiwan, as AI‑driven market dynamics accelerate. The bank cites rising inflation, earnings pressure and India's limited exposure to next‑gen tech as key reasons...
Germany Seeks White‑knight Bidders to Block UniCredit Takeover
Germany sounded out potential white knights for Commerzbank earlier this year, underlining its efforts to fend off UniCredit https://t.co/SFoDdMQcTL via @KowalczeKamil https://t.co/jmbx69DPzh
Iridian Asset Management Sells $5.5 M of DigitalBridge Shares, Hinting at Portfolio Shift
Iridian Asset Management sold 360,253 DigitalBridge Group shares for an estimated $5.54 million, trimming its digital‑infrastructure exposure to 0.25% of its reportable assets. The move comes as SoftBank prepares to acquire DigitalBridge at $16 per share, prompting the hedge fund to...
Vanguard's VEU ETF Gains Attention as Defensive Play Amid Global Uncertainty
Vanguard highlighted its FTSE All‑World ex‑US ETF (VEU) as a defensive diversification tool while announcing cash distributions for its Canadian ETFs. The fund’s 0.04% expense ratio, 2.9% dividend yield and exposure to 3,760 non‑U.S. stocks make it attractive amid geopolitical...
Bawag's $1.75 Bn Bid for PTSB Sparks Shareholder Revolt and Price‑collapse Fears
Austria's Bawag Group has put forward a €1.6 billion ($1.75 billion) takeover offer for Ireland's Permanent TSB. While the Irish government, holding 57% of PTSB, pledges to vote in favour, research firms label the bid derisory and minority shareholders warn a blocked...
Alphabet to Report Q1 2026 Earnings as CFO Ashkenazi Previews $175B‑$185B AI‑Driven Capex
Alphabet is set to release its first‑quarter 2026 earnings on April 29, with CFO Anat Ashkenazi expected to outline a $175‑$185 billion capital‑expenditure program aimed at scaling AI infrastructure. Investors will watch cloud revenue growth, depreciation pressure and the CFO’s allocation...
Kevin Warsh’s Senate Hearing Raises Treasury Market Concerns Ahead of Fed Rate Decision
Kevin Warsh, President Donald Trump’s pick to replace Jerome Powell as Federal Reserve chair, is slated for a Senate Banking Committee hearing amid worries that his views could unsettle Treasury markets. Economists expect the Fed to keep rates on hold...
SpaceX Poised for $2 Trillion IPO, Sparking Questions on Elon Musk’s Liquidity Strategy
SpaceX is preparing a June IPO that could value the rocket maker between $1.5 trillion and $2 trillion, making it the largest public offering ever. The move puts a spotlight on Elon Musk’s personal liquidity, especially his sizable Bitcoin holdings, and forces...
Dan Ives Calls Oracle Stock Oversold, Sets $225 Target Amid $553 Billion SaaS Backlog
Wedbush Securities' Dan Ives initiated coverage of Oracle with an Outperform rating and a $225 price target, arguing the stock is undervalued despite a 24% year‑to‑date decline. Ives points to a $553 billion remaining performance obligations backlog and a $50 billion capex...