Public Markets 3d Briefing
×Markets & Deals
The S&P 500 dropped 1.2% wsj.com in its worst week since June, marking its first two-week loss as renewed tariff speculation fueled heavy selling across sectors. Entrata bloomberg.com is working with Goldman Sachs and JPMorgan on an IPO, while Conva Tec led the FTSE 100 gainers wsj.com on higher revenue and a raised outlook. Teleperformance bloomberg.com remains under pressure as speculators ramp up bets against the French call-center operator, fearing further business erosion from AI adoption.
Macro & Policy
Japan may intervene to buy yen ft.com amid speculation over potential intervention. Ecuador bloomberg.com is eyeing a $4 billion bond sale return, while Russia ft.com escalated its crackdown on Telegram, promoting a state-backed rival and deepening the rift with founder Pavel Durov. China simultaneously imposed export bans on dozens of Japanese entities over military ties, intensifying the trade dispute.
Corporate Moves
Blackstone bloomberg.com is positioning Liftoff Mobile for an IPO, while Sify Infinit bloomberg.com seeks a $4.2 billion valuation in a potential Indian IPO next month. Edenred investing.com delivered in-line Q4 results and confirmed its 2026 outlook, with shares surging. Fresenius Medical Care investing.com fell 7% after a flat 2026 growth outlook and cost updates.
Financial Markets
European natural-gas prices fell wsj.com on milder weather and higher import prospects, while Muni bonds bloomberg.com are poised for a solid year as market conditions stabilize. AI disruption fears bloomberg.com are pushing up borrowing costs for software companies, causing problems for a sector with significant debt. Bears again targeted Teleperformance, wagering the French company’s business will suffer further from AI adoption.
Global Economy
The African Development Bank mulled a tool bloomberg.com to unlock up to $4 trillion for African projects, while Ecuador eyes its bond sale. Indonesia’s wealth fund bloomberg.com saw its Co-Chief Investment Officer resign, deepening a leadership vacuum. Philippine bonds bloomberg.com may see inflows of about $3 billion if added to JPMorgan’s benchmark index.
Technology & Innovation
Entrata is collaborating with Goldman Sachs and JPMorgan on an IPO, while Zhipu AI investing.com rebounded after tumbling on compute shortage concerns. AI disruption fears are impacting software investors, with Franklin Templeton CEO Jenny Johnson warning of disruption risks. SpaceX bloomberg.com’s planned Mega IPO redraws the 2026 road map for listing hopefuls.
Currency & Commodities
The dollar edged higher investing.com amid trade uncertainty, while the yen declined further bloomberg.com after reports of Japanese Prime Minister Takaichi voicing apprehension over more rate hikes. European gas prices fell, easing supply concerns. Bitcoin investing.com slid below $63k, wiping out 50% from its October record high.
Corporate Finance
Conva Tec reported a profit jump and raised its outlook, while Rolls-Royce investing.com sought UK funding for a $2 billion engine project. Abbott bloomberg.com sold $20 billion of bonds to fund its Exact Sciences acquisition. Telefónica investing.com posted a Q4 loss on charges, though revenue edged higher.
Market Dynamics
Trump’s new 10% global tariffs took effect, with the White House emphasizing preservation of his trade agenda. S&P 500 futures rose tentatively premarket after the tariffs’ implementation. European stocks investing.com slipped lower amid uncertain trade landscapes, though earnings remained in focus.