Public Markets 3h Briefing
×Market Movers
Bank of America investing.com downgraded Molson Coors citing sales risk. Baird investing.com also cut First Solar after fourth quarter results. UBS investing.com upgraded IBM following a 22% slide as valuation resets.
Tech & AI
Revolut ft.com won FCA backing for stablecoin testing despite licence limbo. Amazon investing.com defended at Bof A as catalysts will support AWS sentiment. Jefferies investing.com upgraded Enphase Energy on improving demand and margin.
Energy & Commodities
U.S. crude oil stockpiles wsj.com posted a large weekly build, rising 16 million barrels in their biggest increase in three years. Saudi oil exports bloomberg.com surged to a three-year high amid Iran tensions. North Sea oil bloomberg.com signals weakness as Vitol and Total buying sprees end.
Deals & Finance
John Lewis ft.com ditched plans to build 10,000 homes due to UK economic conditions. Colombia bloomberg.com eyes $6.7 billion in pension assets amid fiscal strain. The U.S. closed $26.5 billion in financing for Southern Company utilities.
Political & Regulatory
Trump finance.yahoo.com laid out new ground rules for Big Tech's AI build-out, requiring companies to bring their own power. Mexico bloomberg.com has cards to play with Trump as USCMA trade deal withdrawal looms. EU bloomberg.com set March date for customs race in prelude to ECB tussle.
Legal & Corporate
Kalshi wsj.com fined a former gubernatorial candidate and Mr Beast employee over prediction wagers. The Supreme Court ruled against a private prison firm facing forced-work suits from immigration detainees. David Tepper wsj.com called for sweeping changes at Whirlpool.
Valuation Concerns
AI disruption fears bloomberg.com prompted scrutiny in hot private markets trade as software giants face valuation pressures. Bof A investing.com cut Fox stock, seen as most exposed to upcoming NFL renewal.