After driving much of the recovery from Wall Street’s April selloff, technology stocks pulled back as investors moved into less highly valued sectors, while monitor remarks from Federal Reserve officials this week.
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THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

    Wall Street 700 CARLOS DELGADO

    PHOTO: CARLOS DELGADO

    Nasdaq, S&P 500 end lower as investors sell tech stocks, await Fed

    After driving much of the recovery from Wall Street’s April selloff, technology stocks pulled back as investors moved into less highly valued sectors, while monitor remarks from Federal Reserve officials this week. Read the full story

      Meta freezes AI hiring as surging costs raise worries

      The California-based tech giant has hired over 50 engineers and researchers for its four-team AI division. Read here

      PHOTO: NOKIA621

      Meta 260 NOKIA621

      J&J to invest $2B in effort to boost US manufacturing

      The New Jersey-based healthcare leader aims to expand production amid looming drug import duties. Read here

      PHOTO: J&J

      J&J Johnson & Johnson 260 J&J

      NEWS WORTH NOTING

      Google doubles down on ‘AI phones’ with Pixel 10

      With the launch of the new series, the California tech major is rushing to offer AI-powered smartphones. Read here

      PHOTO: THE PANCAKE OF HEAVEN!

      Google HQ 260 THE PANCAKE OF HEAVEN!

      NEWS WORTH NOTING

      NEWS WORTH NOTING

      DEALS ROUNDUP

      • Disney’s ESPN streaming service ushers new era for sports
      • Pritzker Private Capital closes fourth PPC fund at $3.4B
      • Boeing reportedly in talks to sell up to 500 jets to China
      • Jewelry retailer Claire's to sell North American business
      • Curewell Capital closes $535M inaugural mid-market fund
      • FieldAI raises over $400M in in two consecutive fundraisers
      • Lambda completes $275M senior secured credit facility
      • Iantrek secures $42M in Series C funding led by USVP
      • Kasisto unveils KAIgentic as banking standard for agentic AI

        INTERNATIONAL MARKETS

        • DeepSeek releases upgraded model with China-made chips
        • Quadria weighs sale of minority stake in $2B firm Encube
        • Prosus says quarterly profit rises 54%, plans $2B asset sale
        • KKR is front-runner in Nissan’s $610M headquarters sale
        • M&S invests $457M in robotic warehouse to boost food unit

        NOMINEE IN FOUR CATEGORIES:

         

        * Deal Origination of the Year: Technology

        * Solution Provider of the Year: AI & Data Analytics for Deal Sourcing

        * Technology Innovation of the Year: Overall

        * Valuation Service of the Year

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