Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Monday, March 10th. I'm Julie Morgan. Service now nears a $3 billion

AI acquisition. DoorDash, William Sonoma, and other names will have a new home later this month,

and Mark Carney is set to become Canada's next Prime Minister.

Service now is nearing a deal to acquire artificial intelligence firm MoveWorks,

which, if finalized, would be its biggest deal to date.

According to Bloomberg, which cites people familiar with the

matter, the deal could be announced as soon as the coming days and it could value MoveWorks at close

to $3 billion. The people added who requested anonymity due to the sensitivity of the information

that although discussions are at an advanced stage, they could still face delays

or fall through. MoveWorks, which was created in 2016, offers an agentic AI assistant. Its solution

is used by more than 350 large enterprises, including Palo Alto Networks, Seamins, Toyota, and Unilever. The business surpassed

$100 million annual recurring revenue in September last year and has raised $315 million in funding

at a $2.1 billion valuation from investors such as Bain, Iconic, and Tiger Global. Shares of service now have

fallen nearly 20% year-to-date. Pre-market now is down 1%. DoorDash, WWV's parent, TKO, and two other

companies will be added to the S&P 500 this month, and four names will drop in exchange.

But Coinbase misses out on the S&P 500 inclusion.

High-end Houseware's retailer William Sonoma and Natural Gas Producer Expand Energy will also enter the benchmark index.

S&P Dow Jones Ind indices said late Friday that the

changes are effective before trading opens on March 24th. At the same time, Borg, Warner,

Teleflex, and Selenese will exit along with Agricultural Chemicals Company FMC.

Mark Carney will become Canada's next prime minister after he was elected

...