Public Markets 3h Briefing
×Last updated: July 17, 2026, 8:30 PM ET
Corporate Debt and Funding
Accounting services firm Baker Tilly Advisory Group is reportedly looking to raise about $3 billion in debt to replace existing private credit loans, with Deutsche Bank AG preparing to lead the sale bloomberg.com. Meanwhile, a gauge of Oracle Corp.’s credit risk bloomberg.com on Friday amid concerns over aggressive cash burn and the profitability of its AI investments.
Technology and Venture Capital
AI chip startup Etched is reportedly in talks to secure funding at a $20 billion valuation, with a separate funding round led by Sequoia aiming for a $10 billion valuation. Separately, SpaceX and the Pentagon are discussing a potential data-center deal wsj.com.
Market Indicators
The WSJ Dollar Index fell 0.11% wsj.com this week, closing at 97.09, although it rose for a second consecutive session.
Geopolitical Tensions
Overnight and into Friday, Iran reported U.S. strikes on infrastructure, with strikes reportedly extending to their seventh consecutive day. The U.S. and Iran are reportedly creeping closer to a wider conflict wsj.com.