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- First Step to Final Offer (04/30/24)
First Step to Final Offer (04/30/24)
Brooks Gammill
April 30, 2024
Your weekly round-up of an M&A deal walkthrough, insightful market news summaries, technical quiz questions, and various internship, events, and diversity programs. A key resource to best prepare yourself for finance recruiting. If someone sent you the newsletter subscribe below!
CAREER OPPORTUNITIES
Class of 2026
Summer 2025 Applications
Stifel Financial Corp Summer 2025 Analyst Roles [NEW] - Link Here
Bracebridge Capital, LLC Summer 2025 Analyst Role [NEW] - Link Here
Citi Summer Summer 2025 Analyst Roles [REPOSTED] - Link Here
StepStone Group Summer 2025 PE Analyst [NEW] - Link Here
Guggenheim Summer 2025 Applications [REPOSTED] - Link Here
Oppenheimer Summer 2025 Applications [NEW] - Link Here
Abdiel Capital Summer 2025 Application - Link Here
Solomon Partners Summer 2025 Applications - Link Here
Long Ridge Summer 2025 Application - Link Here
D.E. Shaw Summer 2025 Application - Link Here
Barclays Summer 2025 Applications - Link Here
Bank of America Summer 2025 Applications - Link Here
Point72 Summer 2025 Application - Link Here
JMI Equity Summer 2025 Application - Link Here
Aeris Partners Summer 2025 Application - Link Here
J.P. Morgan Summer 2025 Application- Link Here
Class of 2027
MARKET NEWS
Microsoft cloud growth accelerates on back of AI push (CNBC)
Microsoft exceeded expectations in its fiscal third-quarter results, reporting earnings per share of $2.94 and revenue of $61.86 billion, with significant growth in its Intelligent Cloud segment driven by Azure. Despite weaker-than-expected revenue guidance for the fiscal fourth quarter, Microsoft's shares rose up to 5% in extended trading, reflecting investor optimism about its performance.
Snap shares soar 23% as company beats on earnings, shows strong revenue growth (CNBC)
Snap reported first-quarter results that exceeded analysts' expectations, with revenue reaching $1.19 billion, a 21% increase from the same period last year. The company's strong performance was driven by improvements in its advertising platform, leading to a significant surge in its stock price by more than 23% in extended trading.
Gold miner Newmont tops profit estimates; asset sale attracts strong interest (Reuters)
Newmont Corp exceeded profit expectations in the first quarter, driven by strong production, higher gold prices, and lower operating expenses. The company's shares surged by 11.2% to $43.07, propelled by robust interest in its asset sale plans and a rise in gold prices.
M&A DEAL OVERVIEW
Oracle’s $28bn Acquisition of Cerner Corporation
Oracle Corporation acquired Cerner Corporation for $28.3 billion, aiming to enhance its presence in the healthcare industry by leveraging Cerner's expertise in digital information systems. The acquisition is expected to lead to the development of more efficient healthcare information systems, benefiting medical professionals and patients alike.
TECHNICAL QUESTION OF THE WEEK:
Would you rather be handed $1,000 today or $100 every year into perpetuity? |
ADDITIONAL RESOURCES
LAST WEEK TECHNICAL QUESTION OF THE WEEK ANWSER:
Correct Answer - Not enough Info to know