Public Markets 3d Briefing
×Market Overview
The S&P 500 ended lower bloomberg.com after a period of volatile trading. South Korea's market value surpassed France bloomberg.com, fueled by tech gains. Meanwhile, oil prices rose wsj.com as traders watched U.S.-Iran talks. Gold prices edged higher wsj.com on potential adjustments.
Equity Performance & IPOs
Nippon Steel shares bloomberg.com fell due to concerns about a bond sale. South Korea’s Kospi wsj.com gained, driven by semiconductor and auto stocks. Lucid wsj.com will cut its workforce and reported a wider loss. AMC Entertainment wsj.com narrowed its loss, anticipating a stronger 2026. Cava wsj.com saw sales rise. Mercado Libre investing.com shares rose as revenue beat estimates. Wisdom Tree bloomberg.com got SEC approval for a 24/7 tokenized money market fund.
Deals & M&A
Telecom Italia bloomberg.com proposed a stock buyback and reverse split. Evercore investing.com singled out AI stocks. UBS investing.com sees opportunities in Chinese tech stocks. Evercore singled out AI stocks with resilient business models.
Economic Indicators & Policy
Australia's CPI investing.com rose more than expected. The yen consolidated wsj.com amid uncertainty about the BOJ's rate-hike cycle. Hong Kong bloomberg.com is set to narrow its budget deficit. Japan stock outlook bloomberg.com is set to rise, with corporate governance code changes.
Company News
Amazon AI lab chief ft.com is departing. Fortescue investing.com earnings climbed on record shipments. Wise Tech investing.com jumped on upbeat earnings. First Solar wsj.com posted higher profit. HP wsj.com dialed down fiscal-year expectations. Boston Beer wsj.com reported lower revenue. Singapore Airlines wsj.com posted record revenue. Croda investing.com reported profit growth. Telefonica wsj.com net loss widened.
AI & Technology
Nasdaq wsj.com bounced back after an AI chip deal. Citrini bloomberg.com founder's AI prediction spurred a selloff. Intuit investing.com partners with Anthropic. Wayve ft.com raised $1.2 billion. AMD ft.com may hope Meta’s endorsement will attract other hyperscalers.
Finance & Markets
UBS bloomberg.com sees private credit defaults reaching 15% in a worst-case scenario. Raistone bloomberg.com is liquidating. Jane Street bloomberg.com is sued for insider trading. Core Weave bloomberg.com seeks an $8.5 billion loan. Nat West bloomberg.com plans a risk transfer tied to CRE loans. Private equity’s dry spell bloomberg.com is worse than the 2008 crisis. Bank of America bloomberg.com sees more firms hedging FX risks in the Philippines.
Geopolitics & Trade
Colombia bloomberg.com slapped tariffs on Ecuador. Trump's tariffs bloomberg.com are under scrutiny. Binance wsj.com fired staff.
Federal Reserve & Interest Rates
Bond traders bloomberg.com are betting on Fed rate cuts. Fed’s Collins bloomberg.com said rates are likely on hold. JPM’s Bob Michele bloomberg.com sees bonds as a “perfectly priced market”.
Other
Baker Hughes CEO bloomberg.com on market uncertainty on oil. Saks Global CEO bloomberg.com discusses the company's vision.