Public Markets 3d Briefing
×Market Overview
The S&P 500 sank on Monday bloomberg.com as fresh concerns about artificial intelligence impacted financials and software companies. Hedge funds sold global stocks bloomberg.com at the fastest pace since early April 2025, according to Goldman Sachs. Option traders bloomberg.com are betting against software-exposed loan ETFs.
Deals and IPOs
Citi ft.com is selling more of its stake in Banamex ahead of its IPO, with General Atlantic and Blackstone funds among the buyers. Global Medical Response bloomberg.com, backed by KKR & Co., has selected banks for its US IPO. Canadian generic drug manufacturer Apotex bloomberg.com is planning an IPO in Toronto in the first half of the year.
Private Credit Market
The private credit market is experiencing anxiety, with Blue Owl bloomberg.com closing one of its tech-focused funds, preventing investor withdrawals. European private lenders’ shares wsj.com tumbled on Monday as concerns about their holdings intensified.
Company News
Uber wsj.com plans to acquire parking app Spot Hero. Bed Bath & Beyond wsj.com narrowed its fourth-quarter loss and anticipates revenue growth in 2026. Hims & Hers Health wsj.com saw sales rise in the fourth quarter. AMC Entertainment wsj.com narrowed its loss, anticipating a stronger 2026. Renault wsj.com will take full control of the Flexis electric-van joint venture.
Technology and AI
IBM bloomberg.com shares had their worst day since 2000 after Anthropic said its Claude Code tool can help modernize Cobol. Nvidia finance.yahoo.com is set to report Q4 earnings. Nassim Taleb bloomberg.com warned of potential bankruptcies in the software sector. Coinbase bloomberg.com stablecoin revenue could surge.
Energy and Commodities
Oil prices fluctuated bloomberg.com, with US-Iran talks set to resume. Gold prices investing.com rose due to tariff turmoil. Soybeans bloomberg.com reversed losses.
Economic Policy and Regulation
The Federal Reserve unveiled a plan bloomberg.com targeting how examiners scrutinize banks' risk. Lagarde bloomberg.com said central bank independence is critical. Germany bloomberg.com will increase its funding for Salzgitter AG’s low-carbon steel project. The EU investing.com is due to halt the U.S. trade deal approval process.
Geopolitical and Trade
Trump investing.com will raise global tariff rates to 15% after the Supreme Court ruling. France yahoo.com moves to bar US Ambassador Charles Kushner from direct government access. Panama bloomberg.com will temporarily occupy canal ports. Thailand’s exports bloomberg.com jumped due to AI-led electronics boom.
Real Estate and Finance
High Star bloomberg.com plans a $100 million bond sale for a luxury Utah resort. Eversource Energy bloomberg.com raised $1.5 billion from its first hybrid bonds. Indian infrastructure lender bloomberg.com secured a $125 million loan from HSBC.
Other Notable News
Binance wsj.com fired staff who flagged $1 billion moving to sanctioned Iran entities. First Brands wsj.com laid off employees as buyer interest faded. The US ft.com sued Coca-Cola bottler for an all-female networking event. Former DJ wsj.com gets prison for scamming airlines. Novo Nordisk bloomberg.com obesity shot fell short of a Lilly rival.