Public Markets 3h Briefing
×Market Moves
US software and private capital shares ft.com tumbled as fears over AI disruption mounted. Delivery, payments, and software stocks bloomberg.com slid sharply after Citrini Research published a report on AI risks.
Energy & Utilities
Eversource Energy bloomberg.com is set to raise $1.5 billion from selling its first hybrid bonds. Thames Water's bloomberg.com senior creditors are seeking approval from ratings agencies for a crucial rescue plan.
Technology
Novo Nordisk's bloomberg.com next-generation obesity shot delivered less weight loss than Eli Lilly's rival blockbuster. Exchange Income Corp. bloomberg.com is preparing to sell as much as C$500 million of bonds in its first note sale.
Financial Services
PayPal investing.com stock surged on takeover interest reports. Lebanon's bloomberg.com commercial banks lack the liquidity required to repay depositors under a government proposal.
Industrial & Manufacturing
US factory orders bloomberg.com fell 0.7% in December, while durable goods orders were down 1.4%. Germany bloomberg.com will increase its funding for Salzgitter AG's low-carbon steel project to €1.3 billion.
Infrastructure
F2i SGR bloomberg.com brought its credit assets close to €1 billion as demand grows for private financing to modernize European infrastructure. Raízen SA bloomberg.com creditors are hiring FTI Consulting as an adviser amid debt concerns.
Retail & Apparel
Retailers bloomberg.com won tariff relief on a Supreme Court ruling, with the US' global tariff set at 15% versus an average 20% for the sector. Vans parent VF Corp investing.com faces longer margin recovery after JPMorgan downgraded the stock.
Commodities
Soybeans bloomberg.com reversed earlier losses to turn higher as traders assessed changes to President Trump's tariff regime. Morgan Stanley and Goldman Sachs finance.yahoo.com lifted their oil price targets.
Precious Metals
Treasuries bloomberg.com rose as President Trump vowed to press ahead with his trade war after the Supreme Court struck down his tariffs.