Public Markets 3h Briefing
×Market Volatility
The S&P 500 bloomberg.com slid sharply as fresh AI concerns hit financial and software stocks, while President Trump's new across-the-board tariffs added market uncertainty. PayPal investing.com shares surged after reports of takeover interest following a stock slide that wiped out nearly half its value. Software and payments stocks bloomberg.com tumbled after Citrini Research published a report outlining AI risks to various industry segments.
Commodities & Energy
Oil companies bloomberg.com secured a Supreme Court hearing on climate suits as Exxon Mobil and Suncor Energy fight city and state lawsuits blaming them for climate change. Natural gas futures bloomberg.com rose slightly as traders factored in increased heating demand from a blizzard hitting the Northeast. Chevron ft.com is in talks for a stake in Iraq's West Qurna 2 oilfield after Lukoil faced sanctions, with the field producing 10% of Iraq's crude.
Tech & AI
Nvidia investing.com is set to report strong results and guidance, analysts say, despite concerns raised in a dystopian AI report that sank payment and software stocks. Apple finance.yahoo.com continues to buck the AI trade pressure on Big Tech as its App Store growth reaccelerates, according to analysts. Oracle investing.com stock fell amid concerns about its Stargate project.
Financial Sector
Morgan Stanley and Goldman Sachs finance.yahoo.com lifted their oil price targets, citing market dynamics. Lebanon's commercial banks bloomberg.com lack the liquidity required to repay depositors under a government proposal aimed at plugging an $80 billion gap in the financial system. Treasury yields bloomberg.com gained as markets reacted to Trump's trade war uncertainty following the Supreme Court's tariff ruling.
Global Markets
Mazda bloomberg.com faces renewed pressure from Trump's new 15% global tariff, raising questions about costs, pricing, and demand across the automotive sector. Colombia's peso bloomberg.com is defying economic and political woes after a surprisingly hawkish monetary policy pivot reinforced the dominant carry trade. Germany bloomberg.com will increase funding for Salzgitter AG's low-carbon steel project to €1.3 billion amid Europe's infrastructure push.
Private Markets
Blue Owl ft.com has become a warning sign in private credit as the US fund manager exemplifies what happens when exotic products don't perform as planned. F2i SGR bloomberg.com brought its credit assets close to €1 billion as demand grows for private financing to modernize European infrastructure. Raízen SA bloomberg.com creditors are hiring FTI Consulting as the Brazilian sugar and ethanol producer falters under debt weight.
Manufacturing & Trade
US factory and durable goods orders bloomberg.com declined in December, with factory orders falling 0.7% and durable goods orders down 1.4%. Bank of Montreal CEO Darryl White bloomberg.com said market reaction to the US Supreme Court ruling on tariffs has been subdued. The Treasury finance.yahoo.com is keeping a close eye on the private credit market amid growing concerns.