Markets 24-Hour Briefing
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Last updated: October 27, 2026, 3:40 PM ET
Oil & Energy
E.P.A. loosening methane rules for oil firms reverses a Biden-era push to curb leaks, a major source of emissions. Oil futures wsj.com moved lower as diplomacy with Iran came into view, while Saudi Aramco bloomberg.com offered more spot cargoes to European buyers. A fire at Ras Tanura bloomberg.com after a Houthi attack was contained, and Russian oil exports bloomberg.com hit a one-month high as Baltic shipments rebounded. U.S. natural gas futures wsj.com were mixed ahead of the November expiry, and India bloomberg.com is turning kitchen grease into fuel to cut crude imports.
AI & Anthropic IPO
Anthropic's IPO filing nytimes.com set off a tech rally, with Nikkei gains wsj.com led by chip stocks. The filing showed rapid revenue growth nytimes.com alongside even faster spending, and analysts flagged its adjusted profit wsj.com as a window into Wall Street's earnings game. A $63 billion financing vehicle wsj.com for Broadcom's AI technology is being lined up by major banks, with Pimco bloomberg.com buying a $4 billion slice of a SpaceX AI debt package. Anthropic flagged bloomberg.com that it may need more financing sooner than expected. Goldman and Morgan Stanley nytimes.com are competing for the lead underwriter role, and Microsoft is offering buyouts ft.com to 60,000 staff as it spends heavily on AI infrastructure. Chip-equipment supplier ASM International wsj.com lifted guidance again, and Corning's profit surged wsj.com on AI fiber demand.
Brazil Markets
Brazilian markets crashed wsj.com after Lula's surprise election win, with the real plunging ft.com at its steepest since 1999. Analysts see fiscal pressure ft.com mounting for the president, while GQG's Rajiv Jain bloomberg.com called selling Brazil a mistake. The yen carry trade bloomberg.com in Latin America has held up despite the rout.
Banking & Finance
HSBC shares fell ft.com as third-quarter results disappointed, and profit growth missed wsj.com despite a planned $1 billion buyback. Revolut faces a Bank of England probe ft.com into its internal controls. Ares Capital wsj.com agreed to buy a competing fund from Apollo, and a $300 billion debt wall wsj.com looms over private-equity-backed companies. Quebec's La Caisse bloomberg.com will buy a 49.9% stake in BCE's towers for $1.7 billion, and Scotiabank is planning a significant risk transfer tied to around $2 billion of loans. Samsung Life bloomberg.com priced a record dollar bond despite turmoil in credit markets.
Corporate & Markets
GM is leaving the NYSE nytimes.com for the Nasdaq after more than 100 years, a blow to the Big Board. Boeing shares slumped 10% ft.com after the planemaker cut its 737 delivery target, though its losses narrowed wsj.com. Whirlpool cut its outlook bloomberg.com for a third time this year, and Reckitt lowered sales guidance ft.com on a disinfectant shortage. Mercedes-Benz cut guidance wsj.com on China weakness, while Coca-Cola raised its outlook wsj.com on higher volumes and prices. Royal Caribbean lifted its forecast wsj.com after stronger quarterly profit, and Novartis raised guidance wsj.com despite a $1.9 billion writedown. Nucor's profit beat estimates bloomberg.com on higher steel prices. DoorDash is in advanced talks wsj.com to acquire Instacart, and Universal Music bloomberg.com has discussed going private with buyout firms.
Markets Wrap
U.S. stocks rose wsj.com ahead of tech earnings, and European stocks advanced bloomberg.com on lower oil and solid U.S. data. Chinese stocks slid bloomberg.com in the final hour as expected national-team buying failed to appear. Gold held near $4,000 bloomberg.com ahead of the Fed decision, with Amundi bloomberg.com calling the worst behind it. Iron ore fell bloomberg.com to a two-year low on weak demand, and Indonesia's bond yield bloomberg.com hit a four-year high. JPMorgan's Michele bloomberg.com sees US bonds returning 7% to 8% over 12 months. The WSJ Dollar Index wsj.com rose 0.3%, and China's industrial profits wsj.com grew 14.4% in September.
Coming Up
The Federal Reserve's rate decision is due shortly nytimes.com, with a hold expected and Kevin Warsh set to explain the stance. Anthropic is expected to name nytimes.com its lead underwriters for the upcoming public offering.
Private Equity
Last updated: October 27, 2026, 3:40 PM ET
Mega-Fund Fundraising
Advent closed $30bn peinsights.substack.com across its global fund complex, with its 11th flagship GPE XI beating target and a new mid-market fund debuting alongside it. Disruptive raised $10bn techcrunch.com for large positions in at least 10 companies, with a focus on AI and defense.
Deals and Financing
Ares Capital agreed to acquire peinsights.substack.com Mid Cap Financial Investment Corporation in a $2.6bn deal, a transaction tied to an Apollo-managed vehicle. OMERS bought a minority stake in Brookfield-backed Australian alternative asset manager La Trobe Financial. CVC DIF took a majority stake peinsights.substack.com in Spanish shipyard Cernaval in Algeciras. Blackstone took a second lien peinsights.substack.com in a $63bn financing package for Anthropic's Broadcom compute deal, alongside Bank of America, Citi and Morgan Stanley.
Venture and AI
Venture funding to robotics startups surged 185% news.crunchbase.com in the third quarter, with the US and China leading the physical AI push. Sequoia and General Catalyst reportedly valued an AI startup sifted.eu founded by an ex-police chief at $400m. Europe's fintech founders are turning to AI sifted.eu for a second act, while Crunchbase argues AI agents need operational oversight news.crunchbase.com as they take on regulated roles.
Secondaries and Investor Scrutiny
The GP-led secondaries boom is straining limited partner capabilities pei-secondariesinvestor.com, according to CF Private Equity. Meanwhile, Nik Storonsky has warned founders sifted.eu about the influence venture capitalists can wield over their companies.
Coming Up
Europe's Q3 2026 startup funding tally, covering 55 rounds and $511bn in total, is laid out in detail sifted.eu.
Sector Investment
Last updated: October 27, 2026, 3:40 PM ET
Real Estate Investment
Sun Life's private markets arm is consolidating its brands perenews.com, with SLC Management's Sonny Kalsi explaining that running five brands had become unwieldy. Singapore's Broadmoor Management, a single-family office, is turning bullish perenews.com on Hong Kong property, citing low pricing.
Healthcare Investment
An affiliate of Bon Secours Mercy Health, Health Span Partners, has agreed to acquire thehealthcareinvestor.com Bain Capital-backed Surgery Partners in a healthcare private equity transaction.
Infrastructure Credit
Liberty Mutual Investments is expanding its commitments infrastructureinvestor.com, adding three infrastructure credit partnerships in a short span while emphasizing a flexible approach that sets it apart from a traditional limited partner.