The Atto Report

Salesforce Acquires Informatica for $8 Billion Salesforce , a leading cloud-based software company, has announced its plan to acquire Informatica , a prominent data management firm, for approximately $8 billion . This strategic acquisition aims to bolster Salesforce's capabilities in artificial intelligence (AI) and data management, reinforcing its position in the competitive tech landscape. Deal Value : Approximately $8 billion. Per Share Price : Informatica shareholders will receive $25 per share in cash. Approval Status : The boards of directors of both Salesforce and Informatica have approved the transaction. Expected Closure : The deal is anticipated to close early in Salesforce’s fiscal year 2027, subject to regulatory approvals and other customary closing conditions. Funding : Salesforce plans to finance the acquisition through a combination of cash on hand and new debt. Informatica specializes in data integration, governance, quality, privacy, metadata management , a...

Decoding the Market Downturn Following Recent Tariff Announcements On May 23, 2025, U.S. stock futures experienced a significant downturn following President Donald Trump's announcement of potential tariffs targeting Apple Inc . and the European Union (EU) . This development has heightened investor concerns over escalating global trade tensions. President Trump proposed a 25% tariff on iPhones not manufactured in the U.S., pressuring Apple to shift its production domestically. Additionally, he threatened a 50% tariff on all EU goods starting June 1, citing stalled trade negotiations and longstanding grievances over trade deficits and regulations. Global Implications The tariff threats have not only impacted U.S. markets but have also caused ripples globally: The STOXX Europe 600 index dropped by 1.7%. Japan's Nikkei 225 fell by 2.8%, and other Asian indices experienced similar declines. Dow Jones Industrial Average futures dropped over 600 points, a decrease of approx...

Google's $1.4B Privacy Settlement Highlights Big Tech's Data Challenges Image Credits : Greg Bulla on Unsplash Key Points Google has agreed to pay Texas approximately $1.4 billion to settle privacy lawsuits, with the exact amount reported as $1.375 billion. The lawsuits, filed in 2022, accused Google of unlawfully tracking locations, misrepresenting incognito mode privacy, and collecting biometric data without consent. This settlement is the largest by a single state against Google for data privacy violations, highlighting growing scrutiny of tech companies. Some variation in reported settlement amounts suggests potential complexity in final figures. The Allegations: Unauthorized Data Collection The lawsuits, filed by Texas Attorney General Ken Paxton in 2022, accused Google of unlawfully collecting and using users’ data without consent. The data in question included geolocation information, incognito search activities, and biome...

Will Meta Outperform the Estimated Q1 Earnings? Here’s What You Need to Know. Analyst Forecasts for Q1 2025 – Wall Street expects Meta to report roughly $5.2 in earnings per share (EPS) on about $41–42 billion in revenue for Q1 2025. According to Visible Alpha data, analysts’ consensus is around $5.21 EPS on $41.2B revenue ​ (≈11% EPS growth, 13% revenue growth year‑over‑year). Bloomberg-tracked forecasts are very similar: roughly $5.23 EPS and $41.8B revenue . (Notably, consensus EPS has slipped from ~$5.33 to $5.21 over the past month​.) Overall, analysts remain bullish – about 90% rate the stock a “buy” – and the average 12-month price target is in the $680–$720 range, implying ~25–30% upside. In short, the Street is looking for mid‑teens revenue growth driven by strong ad demand, with AI progress as a key wildcard. Key Performance Drivers: AI and Advertising Trends Meta’s results hinge on its core advertising business and how new AI initiatives are translating into revenue...