Public Markets 3d Briefing
×Public Markets
The S&P 500 dropped 1.2% bloomberg.com in its worst week since June, reflecting persistent concerns over inflation and geopolitical risks. Entrata nytimes.com is working with Goldman Sachs and JPMorgan on an IPO, while BlackRock wsj.com’s retail private-credit ambitions face headwinds amid market anxiety. Polymarket bloomberg.com founder Shayne Coplan acknowledged rising risks for war-related contracts, noting visibility brings "more money, more problems." AtaiBeckley bloomberg.com is exploring options for its flagship psychedelic drug candidate, signaling potential shifts in the biotech landscape. BrewDog nytimes.com, the Scottish beer company, was sold for a fraction of its former $1 billion valuation, leaving small investors empty-handed. Goldman Sachs bloomberg.com downgraded Indian stocks, highlighting foreign selling amid Middle East tensions. Oracle ft.com and OpenAI ft.com scrapped plans to expand a Texas data center, reflecting cooling demand for AI infrastructure. Circle Internet Group bloomberg.com and Stripe bloomberg.com are racing to build payments systems for a non-existent world of autonomous AI agents. Canada bloomberg.com became a sought-after currency as the war in Iran pushed oil prices higher, though Sri Lanka bloomberg.com positioned itself to absorb shocks. Volkswagen wsj.com dealers sued to block a plan to bypass dealerships for a new SUV, while Disney nytimes.com’s lack of recent hits left its future uncertain. Rentokil wsj.com reported higher revenue despite a leadership transition, and Reckitt bloomberg.com maintained its 2026 outlook despite emerging market slowdowns. Canada nytimes.com and Japan nytimes.com coordinated on defense cooperation, challenging U.S. influence. The S&P 500 nytimes.com fell for a second consecutive week, extending its worst stretch since June, as inflation fears persisted. The U.S. dollar nytimes.com strengthened, reaching a 95.71 index level, while oil prices wsj.com surged to a two-and-a-half-year high.