Public Markets 3d Briefing
×Markets & Deals
The S&P 500 ft.com dropped 1.2% in its worst week since June, marking its first two-week loss since June. Entrata nytimes.com is working with Goldman Sachs and JPMorgan on an IPO, while Francisco Partners bloomberg.com completed a $2.2 billion take-private of Jamf. Blackstone bloomberg.com is positioning Liftoff Mobile for an IPO, and Goldman Sachs bloomberg.com is involved in Entrata's deal. Morgan Stanley nytimes.com is also active in the space, alongside JPMorgan Chase bloomberg.com.
Macro & Policy
Japan may intervene to buy yen bloomberg.com amid speculation, while Ecuador ft.com eyes a $4B bond sale. Italy bloomberg.com is fast-tracking a law to tackle energy price spikes, and Germany bloomberg.com saw unexpected drops in industrial production. UK ft.com inflation gauges are under pressure, and ECB bloomberg.com rate-hike bets are rising. US bloomberg.com inflation fears are mounting, with stagflation concerns escalating globally.
Energy & Commodities
Oil prices surged above $100 bloomberg.com as Middle East conflict disrupted supplies, pushing Asian markets lower. Saudi Aramco bloomberg.com offered prompt crude supply via rare tenders, while Qatar LNG bloomberg.com outages erased supply surpluses. Bahrain bloomberg.com declared force majeure on operations, and Japan bloomberg.com stock fear gauges spiked.
Infrastructure & Deals
Greenko Energies bloomberg.com weighs a $1B India IPO, and Victory Giant bloomberg.com plans a Hong Kong listing. Agilent bloomberg.com acquired Biocare Medical for $950M, and Kalshi bloomberg.com expanded to Brazil. Pag bloomberg.com explores selling Chicken meat producer Fengxiang.
Financials & Markets
UBS bloomberg.com increased its bonus pool by 10%, while Bain Capital bloomberg.com backed Koch Industries ft.com in a $3.9B deal. Starboard Value wsj.com took a stake in Lamb Weston, and HORMUZ TRACKER ft.com noted Iran-linked tankers. Saudis bloomberg.com offered crude on the spot market.
Global Markets
Asian equities slumped wsj.com amid oil spikes, and South Korea bloomberg.com stocks fell. China bloomberg.com inflation jumped, and Australian bloomberg.com stocks dipped. European gas prices ft.com surged 30%, and UK ft.com inflation concerns grew.
Corporate Developments
Oracle ft.com and OpenAI ft.com scrapped a Texas data center deal, while Google ft.com gave Sundar Pichai a $692M pay package. Disney wsj.com seeks a Pixar hit, and SpaceX bloomberg.com (now SpaceX ft.com merged with xAI. Koch Industries bloomberg.com acquired Koch Industries ft.com assets.
Policy & Regulation
G7 ft.com discussed joint oil reserve releases, and EU bloomberg.com gas prices surged. US nytimes.com authorities investigated a device near Gracie Mansion, and Taiwan nytimes.com capped fuel prices. EU bloomberg.com energy security plans advanced, and UK nytimes.com inflation fears persisted.
Market Sentiment
Bond traders bloomberg.com faced pressure as oil surged, and Yardeni bloomberg.com raised meltdown odds to 35%. Gold bloomberg.com fell amid inflation fears, and Bitcoin bloomberg.com dropped to a 7-day low. S&P 500 wsj.com futures slid, and DOW wsj.com futures tumbled.
Regional Focus
Hong Kong bloomberg.com saw record mainland stock purchases, while Vietnam bloomberg.com scrapped fuel import curbs. Malaysia bloomberg.com stocks dipped, and Indonesia bloomberg.com rupiah slumped. Singapore bloomberg.com bonds fell, and Qatar bloomberg.com LNG outages hurt supplies.
Corporate Actions
FTC bloomberg.com investigated TikTok bloomberg.com, and SEC bloomberg.com probed NYSE bloomberg.com market outages. SEC bloomberg.com warned on SEC bloomberg.com regulation, and UK bloomberg.com water company creditors faced repayment risks. EU bloomberg.com critical minerals plans advanced, and US bloomberg.com inflation gauges diverged.
Final Notes
Oil surge ft.com risks global economy, and China bloomberg.com inflation jumped. UK bloomberg.com households face price caps, and US bloomberg.com car insurance costs rose. UK bloomberg.com inflation data showed 14% weekly hikes, and Japan bloomberg.com stocks entered correction.