First Step to Final Offer (07/16/24)

CAREER OPPORTUNITIES

Class of 2027 Jobs & Events

• RBC Capital Markets U.S. Pathways Diversity Award Program Link Here

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• RBC Capital Markets LGBTQ+ Sophomore Insights Program Link Here

• Bain & Company Event SeriesLink Here

• Deloitte Events Link Here

• Goldman Sachs Emerging Leaders Series - Link Here

• Morgan Stanley Summer 2025 Applications - Link Here

Class of 2026

Summer 2025 Applications

• Lazard 2025 Institutional Client Group Summer Internship [NEW]-Link Here

• RBC Capital Markets 2025, Municipal Finance Summer Analyst [NEW] - Link Here

• Baird, Equity Research Analyst Summer 2025 [NEW] - Link Here

• BCG Associate Internship - Link Here

• Bain & Company Associate Consultant Intern - Link Here

• Santander Summer 2025 Analyst Role - Link Here

• Morgan Stanley 2025 Investment Management Summer Analyst - Fixed Income - Link Here

• Nomura Summer 2025 Analyst Roles - Link Here

• Citadel Securities Trading Fundamental Analyst - Link Here

• Loop Capital Summer 2025 Analyst Positions - Link Here

• Stifel Financial Corp Summer 2025 Analyst Roles - Link Here

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• StepStone Group Summer 2025 PE Analyst - Link Here

• Guggenheim Summer 2025 Applications - Link Here

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• Abdiel Capital Summer 2025 Application - Link Here

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• Bank of America Summer 2025 Applications - Link Here

• Point72 Summer 2025 Application- Link Here

• JMI Equity Summer 2025 Application - Link Here

• J.P. Morgan Summer 2025 Application- Link Here

MARKET NEWS

Google Parent to Close $2.3 Billion Deal to Acquire Cybersecurity Startup Wiz

Google's parent company, Alphabet, is set to finalize a $2.3 billion acquisition of the cybersecurity startup Wiz. This deal is part of Google's strategy to enhance its cloud security offerings. Wiz, known for its cloud security platform, has gained significant traction, with over 40% of the Fortune 500 customers and annual recurring revenue exceeding $350 million. The acquisition aims to bolster Google’s cloud security capabilities and drive further growth in the tech giant's cloud division. (Reuters)

Powell Signals Rate Cuts Ahead, Declines to Specify Timing

Federal Reserve Chairman Jerome Powell indicated that while interest rate cuts are on the horizon, he refrained from specifying the exact timing for these reductions. Speaking at a Congressional hearing, Powell reiterated that the Federal Reserve aims to keep rates unchanged until the economy shows significant progress towards a 2% inflation target. The Fed's current interest rate stands at a 22-year high of 5.25% to 5.5%, maintained to combat inflation. Market analysts are optimistic about potential rate cuts starting as early as March 2024, with projections of substantial reductions by the year's end. (Morningstar)

M&A Deal Overview

Cleveland-Cliffs to Acquire Stelco for C$3.85 Billion

CLEVELAND, July 15 (Bloomberg) - Cleveland-Cliffs Inc. has announced its acquisition of Canadian steelmaker Stelco Holdings Inc. for approximately C$3.85 billion ($2.8 billion). This strategic acquisition aims to enhance Cleveland-Cliffs' position in the North American steel industry by integrating Stelco's operations and assets in Ontario. The deal, which involves a combination of cash and stock, marks Cleveland-Cliffs' first major acquisition since its unsuccessful bid for U.S. Steel last year. This move is expected to strengthen its market presence and operational capabilities. (Bloomberg)

TECHNICAL QUESTION OF THE WEEK:

ADDITIONAL RESOURCES

• Class of 2027 Application Tracker

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