Deregulation is usually welcomed by business—unless it creates a planning nightmare. The Trump Administration is preparing to formally rescind the 2009 scientific findings that tie carbon dioxide to health dangers—a foundational legal analysis for 15 years of US climate policy. While intended to unfetter fossil fuel development, asset managers and shareholder advocates warn the move...
The battle for Warner Bros. Discovery just got a new combatant. Activist investor Ancora Holdings (with a ~$200M stake) has officially come out against the Netflix acquisition of Warner Bros. Discovery (WBD), pledging to vote NO at the upcoming shareholder meeting. Instead, Ancora is throwing its weight behind the rival Paramount Skydance bid, calling it...
Battery storage just graduated to a “Core Infrastructure” asset class. Norway’s Sovereign Wealth Fund—the world’s largest investor with $2.2 trillion in assets—announced on Wednesday that it is actively seeking its first major investment in battery storage systems. After focusing on offshore wind and solar since 2021, the fund is pivoting to storage as a critical...
The world’s most feared investor just opened a new front in London. Elliott Management (AUM: ~$80B) has built a stake in the London Stock Exchange Group (LSEG), engaging with management to close the valuation gap with rivals. Unlike their typical “break-up” playbook, sources suggest Elliott is not seeking a sale or spin-off, but rather pushing...
The “bid-ask spread” in software just became unbridgeable. According to over a dozen top dealmakers, the violent rout in software stocks—the worst three-month performance since May 2002—is bringing M&A and IPO activity to a grinding halt. With the sector down ~25% from its October peak, volatility has made valuations unreliable, leaving buyers afraid to catch...
The race to deploy humanoids is heating up, but the valuations are wildly divergent. Apptronik, the Austin-based humanoid startup, has secured a $520 million Series A extension backed by industry titans Google, Mercedes-Benz, B Capital, and the Qatar Investment Authority. The round values the company at approximately $5 billion—a significant sum, yet a stark contrast...