Public Markets 3 Hours

Last updated: July 17, 2026, 2:30 PM ET

Corporate Dealmaking and Tech Ventures

Meta Platforms is reportedly in talks to lease computing power to AI startup Anthropic, a deal potentially valued at $10 billion that would highlight the scarcity of AI development resources and establish a new revenue stream for Meta. In a separate development and music publishers have agreed to dismiss their dueling lawsuits, though the reasons for the settlement remain undisclosed. Telecom Italia’s board is leaning towards accepting Poste Italiane SpA’s €10.8 billion ($12.4 takeover offer, deeming it fair and unlikely to pursue a higher price.

Infrastructure and Municipal Finance

San Antonio plans to borrow $944 million to fund a significant expansion of its airport, reflecting the city's rapid growth. Meanwhile, US gasoline are approaching $4 a gallon as the summer driving season intensifies, impacting consumer budgets.

Market Movements and Economic Indicators

Sweetgreen Inc. shares saw a significant rebound, halting a 26% decline after regulators linked a parasite outbreak to lettuce, which also affected Taco Bell and impacted its sales and customer visits. Boeing is attempting to navigate a challenging period by opening a new production line for its 737 Max, despite lagging behind rival Airbus in new aircraft orders.

Political and Social Developments

Andy Burnham is set to become the seventh prime minister in a decade amid political instability and economic stagnation in Britain. In a more local initiative, a group of women on Cape Cod, known as The Old Ladies Against Underwater Garbage, have reportedly removed 6,000 pounds of refuse from local ponds.