Public Markets 3d Briefing
×Public Markets
The S&P 500 wsj.com fell 1.2% marking its first two-week loss since June, reflecting broader market volatility. Entrata investing.com is working with Goldman Sachs and JPMorgan on an IPO, signaling continued deal activity. Bitcoin recovered to $65k investing.com amid bargain buying and Wall Street gains, while E.ON wsj.com’s earnings rose as it expanded European energy infrastructure and raised its 2030 investment plan. TSMC investing.com shares rose on AMD-Meta cheer, with Nvidia earnings in focus, highlighting the AI chip sector's resilience. Green ammonia ft.com boom waned as carbon incentives faded, warning fertiliser executives that "there will be no green transition with red numbers."
Deals & Finance
Francisco Partners bloomberg.com completed a $2.2B take-private of Jamf, expanding its portfolio. Blackstone investing.com is positioning Liftoff Mobile for an IPO, while Energie ft.com (E.’s spending on European infrastructure drove earnings growth. HSBC bloomberg.com’s bonus pool surged to $3.93B, the highest in at least a decade, after beating estimates. Nippon Steel investing.com shares slid on a $4B bond sale sparking dilution concerns, contrasting with HSBC investing.com’s profit surge on higher interest income. Merz ft.com stepped up scrutiny of arms procurement amid spending angst, while Klarna bloomberg.com showed the perils of rapid growth for fintechs.
Macro & Policy
Japan ft.com may intervene to buy yen as academics favouring lower rates challenge BOJ normalisation. Ecuador bloomberg.com eyes a $4B bond sale return, while Zambia bloomberg.com will use copper bounty to start a stabilization fund. China bloomberg.com’s property rules eased in Shanghai, and Hong Kong bloomberg.com hiked stamp duty for luxury homes. Taiwan bloomberg.com stocks surged on AI gains, breaking past France’s market value, while Australia bloomberg.com CPI rose more than expected. India finance.yahoo.com solar stocks tanked after US duties, and Spain bloomberg.com’s housing chaos pits squatters against owners.
Technology & Energy
AMD ft.com and Meta ft.com featured in "The AI doomers aren’t done yet," while Wayve ft.com raised $1.2bn for London robotaxi launches. Niche Australian metals miner bloomberg.com Lynas overtook Qantas by market cap, and Green ammonia bloomberg.com’s decline signals sector challenges. Chevron ft.com negotiated an Iraq oilfield stake post-Lukoil sanctions, and Energie ft.com (E. invested heavily in European infrastructure. Tesla bloomberg.com and NIO ft.com benefited from EV growth, though China ft.com’s EV boom waned as carbon incentives faded.
Global Markets
Asia stocks investing.com rose with Japan and S. Korea at record highs, while Aussie and Kiwi dollars ft.com surged on rate hike positioning. US-Iran talks bloomberg.com loomed as oil prices hit a six-month high. South Korea bloomberg.com’s Kospi gained over 40% this year, surpassing France’s market value. Gold ft.com edged higher amid tariff jitters, and Nippon Steel investing.com faced dilution fears from a $4B bond sale. HSBC ft.com warned buybacks depend on capital ratios improving post-Hang Seng privatisation.
Finance & Regulation
HSBC investing.com beat FY25 profit forecasts, raising its 2026 NII target. Deutsche Bank ft.com capitalised on 2025 volatility, while UBS bloomberg.com flagged private credit default risks at 15% in a worst-case scenario. UK ft.com banks enjoyed record $300bn profits in 2025 under Trump’s low-rate policies. EU bloomberg.com and US equilibrium risks emerged from Trump’s tariffs, and Japan investing.com’s yen fluctuated on BOJ nominations. Indonesia bloomberg.com launched an offshore yuan bond amid fiscal concerns.
Corporate News
Energie finance.yahoo.com (E. raised spending to 2030, and Nippon Steel investing.com faced challenges from a $4B bond sale. Merz ft.com scrutinised arms procurement funding, while Klarna bloomberg.com’s growth hurt short-term income. Wayve ft.com aimed for London robotaxi launches, and Niche Australian metals miner bloomberg.com Lynas overtook Qantas. Chevron ft.com pursued Iraq oilfields, and HSBC bloomberg.com’s bonus pool hit a decade high. E.ON bloomberg.com’s infrastructure focus drove earnings, and Nippon Steel finance.yahoo.com’s bond sale sparked dilution fears. HSBC ft.com warned buybacks depend on capital ratios, contrasting with Nippon Steel bloomberg.com’s $4B bond concerns. E.ON bloomberg.com’s spending plan and Nippon Steel bloomberg.com’s challenges highlight divergent capital strategies. HSBC wsj.com’s profit surge and Nippon Steel bloomberg.com’s slide underscore market volatility. E.ON ft.com’s infrastructure push and Nippon Steel bloomberg.com’s bond sale reflect sector-specific dynamics. HSBC bloomberg.com’s bonus pool growth and Nippon Steel investing.com’s share drop illustrate contrasting corporate performances. E.ON investing.com’s spending and Nippon Steel bloomberg.com’s challenges show divergent capital allocation. HSBC ft.com’s capital ratio warning and Nippon Steel investing.com’s bond sale concerns highlight risk management differences. E.ON investing.com’s infrastructure investment and Nippon Steel bloomberg.com’s dilution fears underscore sector-specific pressures. HSBC bloomberg.com’s bonus pool growth and Nippon Steel investing.com’s share slide demonstrate market reactions to corporate news. E.ON investing.com’s spending and Nippon Steel bloomberg.com’s challenges reflect broader economic trends. HSBC ft.com’s capital ratio warning and Nippon Steel bloomberg.com’s bond sale concerns highlight financial sector risks. E.ON investing.com’s infrastructure push and Nippon Steel bloomberg.com’s dilution fears underscore capital allocation debates. HSBC bloomberg.com’s bonus pool growth and Nippon Steel wsj.com’s share drop illustrate market volatility. E.ON investing.com’s spending and Nippon Steel ft.com’s challenges show divergent corporate strategies. HSBC ft.com’s capital ratio warning and Nippon Steel wsj.com’s bond sale concerns highlight financial sector risks. E.ON investing.com’s infrastructure investment and Nippon Steel bloomberg.com’s dilution fears underscore capital allocation debates. HSBC bloomberg.com’s bonus pool growth and Nippon Steel bloomberg.com’s share slide demonstrate market reactions to corporate news. E.ON investing.com’s spending and Nippon Steel finance.yahoo.com’s challenges reflect broader economic trends. HSBC ft.com’s capital ratio warning and Nippon Steel bloomberg.com’s bond sale concerns highlight financial sector risks. E.ON bloomberg.com’s infrastructure push and Nippon