Public Markets 3d Briefing
×Market Overview
The S&P 500 ended lower wsj.com after volatile trading, reflecting investor anxieties. Non-U.S. funds outperformed U.S. wsj.com counterparts so far this year. The conflict in Iran is exposing oil risks bloomberg.com across Asia.
Deals & Corporate Finance
TA Associates bloomberg.com is considering a sale of bubble-tea maker Gong cha. EQT Real Estate bloomberg.com bought East Coast warehouses from Mapletree for $575 million. Greg Abel ft.com started Berkshire's first share buyback of the post-Buffett era.
Geopolitical Impact
The war in Iran is exposing oil risks across Asia. The conflict is disrupting global trade bloomberg.com, including fertilizer production. The Strait of Hormuz bloomberg.com transit remains near a standstill.
Economic Indicators
Weak jobs data underscores Fed’s dilemma nytimes.com as the war in Iran adds to inflation risk. The IMF says a 10% oil rise bloomberg.com for a year would push up global inflation. Gas prices continue to surge nytimes.com in the U.S.
Financial Markets
Credit traders bloomberg.com are unwinding their long positions. Reinsurers triple bloomberg.com ship insurance costs. Morgan Stanley bloomberg.com is more cautious on Asian stocks, cutting India.
Company News
Yogurt maker Chobani bloomberg.com expects over $1 billion in 2026 earnings. BrewDog nytimes.com left investors empty-handed after missteps. Volkswagen wsj.com dealers are revolting over direct-to-consumer sales.
Banking & Investment
Lloyd Blankfein bloomberg.com sees geopolitical risk amid an anxious market. BlackRock’s bloomberg.com retail private-credit hopes run into market angst. NYSE bloomberg.com will pay the SEC $9 million.
Technology & Innovation
Oracle ft.com and OpenAI are scrapping a deal to expand a data center. Samsung ft.com seeks AI deals to challenge Apple's smartphone lead. Robinhood’s wsj.com new credit card is entering a crowded market.
Commodities & Energy
UAE and Kuwait bloomberg.com started oil output cuts. Oil prices retreated wsj.com as attacks continued.
Government & Policy
Zimbabwe bloomberg.com is taking steps to clear its $23 billion debt. A group of states plans to sue wsj.com over the Nexstar-Tegna deal. China bloomberg.com urges cancer screenings.
Legal & Regulatory
A judge voided mass layoffs nytimes.com at the Voice of America. Bill Gates and Leon Black bloomberg.com are sought for the Epstein probe.
Global Markets
Hong Kong bloomberg.com CBD's largest landlord sees commercial rebound. Chinese markets bloomberg.com weathered Iran war turmoil better than Asian peers. Japan and Canada bloomberg.com aim for deeper energy ties.
Other Notable Items
The Met Opera’s nytimes.com desperate hunt for money continues. Kalshi and Polymarket wsj.com are eyeing $20 billion valuations. VFS boss Zubin Karkaria ft.com is confident global migration will remain resilient.