Francisco Partners & TPG to just take New Relic non-public in $6 billion offer

Francisco Partners & TPG to just take New Relic non-public in billion offer

Important Points

A non-public-fairness consortium will consider software provider New Relic personal at $87 a share, the corporation introduced Monday.
The all-dollars offer values New Relic at $6.5 billion and will see the enterprise return to private possession almost 9 several years immediately after it very first debuted on the New York Stock Trade.

Supply

Finance

Stocks making the biggest moves premarket: Bank of America, Morgan Stanley, Robinhood & more

April 15, 2026

Check out the companies making the biggest moves premarket: Bank of America — The stock gained more than 1% after the banking giant posted better-than-expected results for the first quarter . Bank of America earned $1.11 per share on revenue of $30.43 billion. Analysts expected a profit of $1.01 per share on revenue of $29.93 […]

Finance

Chinese robotaxi companies forge ahead with UAE expansion despite Iran war

April 15, 2026

Key Points At least three Chinese robotaxi companies are pushing ahead with their expansion into the Middle East. The UAE and China held a business cooperation forum in Beijing earlier this week. Chinese robotaxi companies have ramped up their global expansion plans in the last two years, making the most progress in the Middle East. […]

Prediction markets will grow to trillion by 2030, Bernstein estimates

Finance

Prediction markets will grow to $1 trillion by 2030, Bernstein estimates

April 14, 2026

Key Points Investment firm Bernstein estimates that by 2030, prediction market volumes will surge to roughly $1 trillion. Dollar volumes on the markets surged in 2024, spurred by the U.S. presidential election, then expanded further in 2025 thanks to sports, crypto and macro/political contracts. While a regulatory battle is brewing, Bernstein thinks it’s unlikely to […]