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Cloud software firm Twilio to buy SendGrid in $2 billion deal

Credit: Reuters- Published on October 15, 2018
Cloud communications provider Twilio Inc said on Monday it would buy email technology firm SendGrid Inc in an all-stock deal valued at about $2 billion.
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Credit: The Street
Published on October 18, 2018 -  15:39
Jim Cramer Breaks Down the Fed Hawkishness and the Fourth Industrial Revolution
Financial literacy is important for any investor. Jim Cramer breaks down some of the most important topics for any investor. Cramer kicked off the interview by saying that Thursday, Oct. 18 is "dispiriting" and that the economy is getting close to "retest territory." Cramer is hosting an Action Alerts Plus conference call at 11:30 a.m. ET Thursday, where he said he'll be focusing on the theme of "is this the last good quarter?" The September Federal Reserve Minutes The Federal Reserve released its September minutes Wednesday, Oct. 17. The minutes showed the Fed's determination to remain hawkish and hike rates one more time before the year ends. In his Real Money column Thursday morning, Cramer took a look at how the Fed is hurting regional banks. "I can't believe how stark the move is. Beginning with PNC Financial (PNC) and extending to First Horizon National (FHN) , two high-quality regionals, there has been a shocking exodus of buyers as loan growth, market share and profits have all been under pressure, chiefly from non-banks that have cut margins to shreds in many loan categories," Cramer wrote. The Fourth Industrial Revolution Ever heard of it? Cramer will break it down in case you haven't. Is Facebook Stock Ready to Get Up Off the Canvas? But, in a summary, it's the emergence of new cloud technology and other new developments in the tech sector. Cloud Communications Firm Twilio CEO Jeff Lawson Talks $2B SendGrid Deal Cramer is keeping a close eye on it, so listen to how he breaks it down.

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