Eli Lilly agrees $2.8bn AtaiBeckley deal for psychedelic pipeline
The cash acquisition would add DMT- and MDMA-related mental health drug candidates to Lilly’s development portfolio.
By Amanda Ross 1 month agoDeals Correspondent
Amanda Ross
Amanda tracks M&A, private equity, and venture funding rounds: who is buying what, at what multiple, and why.
Latest from Amanda Ross
Asian chip stocks slide as SK Hynix gives back prior-day rally
SK Hynix fell more than 9% in Seoul as Asian semiconductor shares tracked overnight losses in U.S. chipmakers.
By Amanda Ross 1 month ago
UnitedHealth raises profit outlook after second-quarter earnings beat
The U.S. insurer lifted adjusted EPS guidance to $19.50-$20 after cost controls and pricing helped offset elevated medical spendin...
By Amanda Ross 1 month ago
Cramer presses companies for evidence of returns on AI spending
CNBC’s Jim Cramer said investors need measurable proof that AI adoption is lifting profits or reducing costs beyond infrastructure...
By Amanda Ross 1 month ago
Kalshi traders price high odds of U.S. gasoline topping $4 in July
Prediction-market pricing rose as AAA put the national average at $3.89 and oil gained amid renewed U.S. strikes on Iran.
By Amanda Ross 1 month ago
Trump urges New York to reverse data center moratorium
New York’s one-year pause on large data centers has drawn White House criticism as AI infrastructure strains power and water syste...
By Amanda Ross 1 month ago
Alibaba ADRs rise after Qwen secures role in Apple AI services in China
Alibaba’s U.S.-listed shares gained after the company said Qwen will be built into Apple Intelligence experiences for users in Chi...
By Amanda Ross 1 month ago
Mutares exits Finnish remediation company Redo to Invex Group
PE Hub reported that Redo generated €25 million of revenue in 2025 and employs about 250 people in Finland.
By Amanda Ross 1 month ago
Clayton declines to say Biden won 2020 vote at DNI confirmation hearing
Trump’s nominee to oversee 18 intelligence agencies faced Senate questions on elections, press subpoenas and the lapsed Section 70...
By Amanda Ross 1 month ago
Buffett backs Kevin Warsh as Fed chair after rate-hold debut
Warren Buffett told CNBC that Kevin Warsh was a “good choice” to lead the Federal Reserve as the new chair prepares for Senate tes...
By Amanda Ross 1 month ago
AWS executive Dave Brown to leave Amazon after nearly 19 years
Amazon said Dave Brown, a senior AWS leader tied to EC2, compute and machine learning services, will be succeeded by Dave Treadwel...
By Amanda Ross 1 month ago
IBM selloff pushes options volatility near pandemic-era extremes
IBM shares fell 25% after a preliminary revenue miss, while CNBC said one-month implied volatility remained in the 99.6th percenti...
By Amanda Ross 1 month ago