Today's Finance Pulse

Autodesk to acquire MaintainX for $3.6B, expanding into operations software
Autodesk announced a $3.6 billion purchase of MaintainX, a leader in operational‑phase software for the built environment. The deal extends Autodesk’s portfolio from design and manufacturing into ongoing building operation, creating an end‑to‑end data loop. CEO Andrew Anagnost said the acquisition unlocks a $40 billion total addressable market.
Also developing:
By the numbers: Pemberton Asset Management closes $3.7B fourth vintage fund

Morningstar DBRS' Takeaways From Its Frontline Perspectives Webinar on Liquidity Resilience of Canadian Life Insurers: A Holistic Approach to Liquidity...
Morningstar DBRS released takeaways from its April 8 webinar on liquidity resilience of Canadian life insurers, featuring its VP Renee Gao and OSFI’s Kliti Droboniku. The discussion highlighted that roughly 60 % of liquidity needs of the four largest Canadian life insurers stem from potential on‑demand policy payouts, while investment contracts account for another 25 %. DBRS emphasized a holistic liquidity‑risk framework that combines maturity analysis, stress‑testing, and assessment of both liquid and illiquid assets such as private credit. The firm also noted that private‑credit holdings, though less liquid, are valued for diversification and are supported by predictable liability structures.
Rezolve Ai Takes Merger Proposal to Commerce.com’s Shareholders
Rezolve AI has escalated its hostile bid for ecommerce platform Commerce.com, offering two Rezolve shares for each Commerce.com share—a deal it says would create a $700 million revenue powerhouse. The proposal values Commerce.com at roughly a 47% discount to its current...

How New SR&ED Changes Could Supercharge Canadian Hard Tech and Manufacturing Startups
Canada’s Scientific Research and Experimental Development (SR&ED) tax incentive program, which returned roughly $3.3 billion USD to over 22,000 firms in 2025, has been revamped to better serve hard‑tech and manufacturing startups. The refundable credit limit has doubled to $6 million CAD...

Banks Poised to Tap $323B Stablecoin Market, $6T Deposits
The FDIC approved new stablecoin rules earlier this week, clearing the way for Wall Street banks to enter a $323 billion market under the GENIUS Act’s new federal framework. “If they make that legal, we will go into that business,”...

Australia’s AML Reforms: Strategies for Success in 2026
Australia’s anti‑money laundering and counter‑terrorism financing reforms will take effect in early 2026, prompting regulators and industry leaders to adopt a risk‑focused, outcomes‑based approach. AUSTRAC’s chief executive signaled a move away from tick‑box compliance toward substantive risk management, encouraging firms...

What Is a Merchant Cash Advance? A Must-Read for UK Entrepreneurs
A merchant cash advance (MCA) is an alternative financing product that provides UK businesses with a lump‑sum cash injection, repaid as a fixed percentage of future card sales. Unlike traditional bank loans, MCAs require no collateral, do not affect credit...
UMB Sues Public Finance Authority, Addiction Center Manager After 'Collapse'
Bond trustee UMB Bank NA has filed a lawsuit in Indiana seeking a court‑appointed receiver for two addiction‑treatment centers financed with $117 million of tax‑exempt municipal bonds. The suit targets Wisconsin’s Public Finance Authority (PFA) and three healthcare managers, alleging financial...

Treasury Teams Shift to Mobile Platforms to Manage Real-Time Cash
Treasury departments are abandoning desktop‑only tools in favor of mobile platforms that enable real‑time cash management. Bank of America reported its CashPro app now approves an average of $38,000 in payments every second, with usage up 20% year‑over‑year. The shift...

RBI Proposes New Measures to Combat Rising Digital Payment Frauds
The Reserve Bank of India (RBI) has unveiled a discussion paper proposing several safeguards to curb the surge in digital payment frauds. Key measures include a one‑hour delay on account‑to‑account transfers above ₹10,000, a trusted‑person authentication for vulnerable users on...

The Quote-to-Cash Handoff Problem: Where CPQ Tools Abandon You
CPQ platforms excel at generating quotes but typically abandon the process once a contract is signed, leaving the downstream billing and collection steps to manual, error‑prone handoffs. This gap creates revenue leakage estimated at 1%‑5% of ARR—up to $2.5 M for...
Jefferies Raises Its Price Target on Kingsoft Cloud Holdings (KC) to $19
Jefferies analyst Thomas Chong raised his price target on Kingsoft Cloud Holdings (NASDAQ:KC) to $19, up from $17, while keeping a Buy rating. The broker highlighted that the company’s Q4 revenue of RMB2.761 billion and non‑GAAP EBITDA beat expectations, and EPS...
Oracle Posts 22% Revenue Rise on Cloud Surge, Stock Slides 26%
Oracle reported fiscal Q3 2026 revenue of $17.2 billion, up 22% year over year, powered by a 44% jump in cloud services and an 84% surge in cloud infrastructure. Despite the record sales, the stock is down about 26% YTD as...
GameSquare Q4 2024 Earnings Show 7.6% Revenue Rise as Agency Segment Accelerates
GameSquare Holdings reported Q4 2024 revenue of $102.0 million, up 7.6% year‑over‑year, as its agency segment posted 115% growth. The company highlighted a $39 million divestiture of FaZe Media, a narrowed adjusted EBITDA loss and 2025 guidance that targets $100‑$105 million in revenue...
Uzbekistan National Wealth Fund Confirms Plan for London IPO
Uzbekistan’s National Investment Fund (Uznif), a $2.4 bn vehicle created in 2024 and run by Franklin Templeton, confirmed plans to float on both the London and Tashkent stock exchanges. The fund holds stakes in key state‑owned assets such as Navoi Mining...
Indonesian Rupiah Slides to 17,070 per Dollar, Squeezing Businesses
The Indonesian rupiah weakened to roughly 17,070 per U.S. dollar on April 9, 2026, intensifying cost‑push inflation for manufacturers that rely on imported components. Business leaders warned the slide threatens cash flow, margins and overall demand, and urged the government...
Hermeus Secures $350 Million Series C, Valuing Unmanned Supersonic Fighter Maker at $1 Billion
Atlanta‑based Hermeus Corp. closed a $350 million Series C financing led by Khosla Ventures, pushing its valuation past $1 billion. The cash will fund two new Quarterhorse supersonic jets, expand manufacturing, and accelerate work on the Mach‑3+ Darkhorse hypersonic platform. Investors include Founders...
SpaceX Files Confidential IPO Paperwork, Eyes up to $2 Trillion Valuation
SpaceX has quietly submitted confidential IPO paperwork that could value the company at as much as $2 trillion, the largest public offering ever contemplated. The filing has triggered a wave of secondary‑market activity, a $5 million investment from Jet.AI, and an unprecedented...
Texas Grants $1 B+ in Data‑Center Tax Breaks, Fueling SaaS Cloud Growth
Texas is forgoing more than $3 billion in sales tax revenue over the next two years by exempting data‑center operators, a move that bolsters the state’s cloud and SaaS infrastructure. Lawmakers and industry groups clash over the sustainability of the incentive...

Bissett Bullet: What Is the Return on Their Investment?
The Bissett Bullet highlights that most business owners view compliance work as a necessary evil, choosing accountants primarily on price. It urges accountants to quantify the monetary value of time saved for clients and present that as a return on...
Saxavord Spaceport Lost About $7 Million in Both ’23 and ’24; Andoya Launch Scheduled for Today
Saxavord spaceport on the Shetland Islands reported a pre‑tax loss of about $7.25 million in both 2023 and 2024, even as revenue rose 32 percent to £2.5 million (≈$3.2 million). The losses are tied to prolonged licensing delays by the UK Civil Aviation Authority,...

Up to P25.6 Billion Seen to Be Saved From Cut in Non-Essential Expenses
The Philippine Department of Budget and Management (DBM) projects up to PHP 25.6 billion (≈ $460 million) in savings by slashing non‑essential maintenance and other operating expenses (MOOE) from March to December 2026. The cuts, mandated by Circular 114 and Executive Order 110, are intended to...
Robertet Group : Strong Organic Growth and Improved Profitability in 2025
Robertet Group reported 2025 revenue of €843.9 million (≈$912 million), a 4.5% year‑on‑year increase and 7.6% organic growth. EBITDA rose 10.9% to €174.1 million, lifting the margin to 20.6% of revenue, up 120 basis points. The board proposed a €12 per‑share dividend (≈$13),...

You Filed Your ADV Annual Amendment – What’s Next?
Advisers with a December 31 fiscal year have met the March 31 deadline for filing their annual Form ADV amendment. The next compliance step is the April 30 delivery obligation, which requires sending an updated Form ADV Part 2A brochure—or a summary of material changes with...

Canoe and Bloomberg Advance Portfolio Analytics and Risk Workflows with Private Fund Data
Canoe Intelligence and Bloomberg have launched a certified integration that automates the delivery of private‑fund data into Bloomberg PORT Enterprise. The solution extracts, normalizes and loads cash flows, positions and holdings using FIGI identifiers via secure FTP, eliminating manual entry....

One Alliance North America Lifts Target for One Shield Re Cat Bond to as Much as $125m
One Alliance North America Insurance Company has increased the size of its debut catastrophe bond, One Shield Re Ltd. Series 2026-1, to as much as $125 million. The bond will provide three years of multi‑peril reinsurance covering named storms in six...
![TMA Chicago/Midwest Podcast Hosted by Paul Musser | Sandeep Gupta on Middle Market Restructurings and Investigations [Podcast]](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://natlawreview.com/sites/default/files/styles/article_image/public/2026-04/Restructuring%20Bankruptcy%20Business%20Corporate%20Downsizing-15769127.jpg.webp?itok=wFwtLeFG)
TMA Chicago/Midwest Podcast Hosted by Paul Musser | Sandeep Gupta on Middle Market Restructurings and Investigations [Podcast]
Sandeep Gupta, founder of Novo Advisors, discussed the firm’s focus on middle‑market restructuring, its rapid 30‑to‑45‑day turnaround playbook, and the launch of a forensic and dispute advisory line. He explained how Novo works with both family‑owned and private‑equity‑backed companies, emphasizing...

Tres Relojes Y Una Cifra
A JB Capital study estimates the EuroLeague ecosystem at €3.2 billion (about $3.5 billion), with the league itself worth roughly €1.41 billion ($1.54 billion) and its licensed clubs collectively valued at €1.8 billion ($1.96 billion). The analysis projects that converting temporary licenses to permanent franchise rights...
The More Important Inflation Rate
The Iran‑Houthi conflict and shipping disruptions through the Strait of Hormuz have driven a sharp jump in the one‑year inflation swap, which rose 62 basis points since Feb. 27, while the 12‑to‑24‑month forward rate (1y1y) has increased only 18 basis points....

Banks Close Out Bulk of Their Long Dollar Positions Ahead of RBI’s April 10 Deadline
The Reserve Bank of India issued a prudential circular on March 27 requiring banks to cap their net open position in INR at $100 million, with compliance due by April 10. In response, banks have unwound roughly 90 percent of the estimated $18‑30 billion...

Hong Kong Seeks to Raise Bond Issuance Ceiling to HK$900 Billion
Hong Kong's government plans to raise its borrowing ceiling for the Sustainable and Infrastructure Bond programmes from HK$700 billion to HK$900 billion (approximately US$115 billion). The increase is intended to fund major infrastructure projects, notably the Northern Metropolis megaproject, over the next two...
R25640 - Finance Controller Trainee
Euronext is hiring a Finance Controller Trainee for its COO FP&A team in Porto. The role will support financial oversight of IT and market securities, handling reporting, budgeting, KPI development and cost‑optimization projects. Candidates must demonstrate strong Excel, analytical and...
Nuveen: Sustainable Bond Market Future Opportunity Is 'Increasing Granularity'
Nuveen predicts the sustainable bond market will shift toward more granular, outcome‑focused structures such as “blue,” “orange,” and other outcomes‑based bonds. By segmenting issuances with clearer environmental or social objectives, issuers aim to attract a wider pool of investors seeking...
TCS Records First-Ever Drop in Dollar Revenue Growth in FY26: Report
Tata Consultancy Services reported a 0.5% year‑on‑year decline in dollar revenue for FY26, slipping to $30.0 billion – the first drop in its history. In constant‑currency terms revenue fell 2.4%, even as rupee‑denominated sales rose 5.4% quarter‑on‑quarter and 4.6% year‑on‑year. The...

Going Deeper: Trade Finance In Asia
Asian demand for trade finance remains robust despite US tariff uncertainty, with exporters turning to supply‑chain finance (SCF) and green financing solutions. Forecasts show a 9.8% CAGR for overall SCF and an 18.6% CAGR for sustainable SCF through 2033, reflecting...
F&O Watch: BSE Gets Sebi Nod to Launch BSE Focused IT Index Derivatives
India’s securities regulator SEBI has cleared the Bombay Stock Exchange to launch futures and options on its newly created BSE Focused IT Index. The index, comprising 14 BSE‑500 IT companies, has posted a –24% return from January to March 2026,...
European Insurance Regulators Push for €10bn-Plus Disaster Fund
European insurance regulators are urging the EU to establish a disaster fund of between €10 billion and €65 billion to cover natural and climate‑related catastrophes. The pool would be financed by contributions from insurers, with possible EU budget support, and would act...

Mapfre Re Seeks $200m US Named Storm Cover with Third Recoletos Re Catastrophe Bond
Mapfre Re is launching its third catastrophe bond through the Ireland‑based Recoletos Re DAC, targeting at least $200 million of US named‑storm protection on an indemnity, per‑occurrence basis. The Series 2026‑1 Class A notes attach at $150 million of losses, exhaust at $350 million, and...

G Mining to Buy G2 Goldfields for $2.2B in Guyana Play
Canadian miner G Mining Ventures announced a C$3 billion all‑share acquisition of rival G2 Goldfields, creating a combined Oko district in Guyana. The deal offers G2 shareholders 0.212 G Mining shares per G2 share, a 72% premium, and adds a new...

UK Bond Volatility Undermines Liquidity and Mortgage Availability
Once again, the UK financial markets are dominated by the “high beta” character of government bonds. (Please see Bloomberg data below.) This isn't just about rate volatility in the national benchmark; it’s also about how that volatility undermines market liquidity, complicates...
Israel-Lebanon Talks Boost Treasury Gains, Optimism Rises
Another does of optimism after Israel agreed to direct talks with Lebanon. USTs reversed earlier losses and surged higher with long-end lagging before 30y auction. WIs 4.88

Japan Watchdog Probes Private Debt Exposure Amid U.S. Risk Concerns
Japan's Financial Services Agency is launching an inquiry into domestic banks' exposure to private‑debt lending, amid mounting worries about U.S. private credit fund redemptions. The probe focuses on whether loans to asset managers that run these opaque funds have become...
Prediction Market ETFs Could Become Viable Investment Tools
"On this episode of Trillions, Eric Balchunas and Joel Weber interview Matt Hougan, chief investment officer of Bitwise and one of those filers, about why prediction market ETFs might make sense" Prediction Markets May Be Coming for ETFs https://t.co/hRoSJZ6Jb2

Top Ten Women's Volleyball Budgets Revealed for FY25
Here were the top ten WVB OPERATING BUDGETS (non-NIL) from FY25 (the 2024 season), according to the zillions of FOIAs we filed. https://t.co/NoSQmmfBoW The full data, and context, can be found here: https://t.co/k2fPbxTZE7
Nvidia Invests In CPU Chip Startup SiFive
Nvidia disclosed a strategic stake in SiFive, the RISC‑V processor startup, as part of a $400 million oversubscribed financing round that values SiFive at $3.65 billion. The new capital will accelerate SiFive’s development of custom RISC‑V CPUs and AI IP aimed at...
Claude's ROI Forces Me to Demand Lower Vendor Prices
The ROI I get from Claude has broken my brain on all vendor renewals “You want me to pay 2x what we pay for Claude for your little workflow tool?” I have never pushed harder on pricing and threatening to churn in...

Rising Bond Supply Threatens Tight Spreads, Rotate Funds
Bond issuance is surging. More supply into already tight spreads. That math doesn't work forever. When the dam breaks, you want a fund that rotates. $JOJO. https://t.co/rq34u6KTHX

Which FTSE 100 Stocks Pay the Highest Dividends?
Analysts expect the FTSE 100 to generate a record £88 billion (about $113 billion) in dividends in 2026, with the ten biggest payers accounting for £45.7 billion (~$58 billion) or 52% of the total. HSBC tops the list with an estimated £10.7 billion ($13.7 billion) payout, followed...

Howden Launches German HCMA Unit to Meet Rising European ILS Demand
Howden Capital Markets & Advisory (HCMA) has launched a German‑registered entity, Howden Capital Markets & Advisory (EU) GmbH, after securing a BaFin investment‑firm licence. The move responds to accelerating demand from European insurers and reinsurers for insurance‑linked securities, capital‑raising and...
Behind the Idea: Lucanet
Lucanet offers a cloud‑based, ERP‑agnostic platform that consolidates finance, tax, planning and ESG reporting into a single, governed source of truth. The solution now supports over 6,000 customers in more than 50 countries, replacing fragmented spreadsheets with real‑time, audit‑ready data....
Eight Trillion Dollars of T‑Bills Rollover Every Year
That’s the thing about treasury bills man, there’s $8t that rolls over every year And the world keeps spinning every year despite it!