Zeta Global Expands Reach with $250M LiveIntent Acquisition, AI-Driven Growth Ahead
Acquisition Announcement: Zeta Global Holdings Corp. is set to acquire LiveIntent for $250 million, enhancing its AI-powered marketing capabilities and expected to close in Q4 2024.
Financial Projections: The acquisition is anticipated to be immediately accretive to earnings, with Zeta reaffirming its Q3 2024 revenue guidance of at least $255 million and adjusted EBITDA of at least $50.2 million.
Trade with 70% Backtested Accuracy
Analyst Views on PTF
No data
About the author
What's Going On With Rigetti Computing Stock Today?
New ETF Launch: Rigetti Computing's shares fell following the announcement of a new 2X leveraged single-stock ETF, RGTX, by Defiance ETFs, designed to amplify exposure to Rigetti's stock performance.
Financial Performance and Growth: Despite a slight miss in revenue expectations for Q4, Rigetti's strategic partnership with Quanta Computer indicates potential growth in the quantum computing market, as both companies plan to invest over $100 million in the next five years.
What's Going On With IonQ Stock Today?
Stock Performance: IonQ, Inc. shares are down 4.24% to $22.20 amid concerns over upcoming U.S. tariffs, despite a significant 114% increase in stock value over the past year.
Quantum Networking System: The company has successfully delivered a quantum networking system to the U.S. Air Force Research Laboratory, aimed at enhancing research capabilities in secure quantum communications and national security technologies.
