Coca-Cola Taps Bankers for $1B India Bottler IPO
Coca-Cola has invited Kotak, HDFC and Citi to pitch on a $1B IPO of Hindustan Coca-Cola Holdings at a ~$10B valuation, targeting a 2027 BSE/NSE listing.
capital markets
SoftBank Reopens $10B OpenAI Margin Loan With Concessions
SoftBank has reopened talks for a $10B margin loan backed by its OpenAI stake, adding lender concessions after a June stall cut the target to $6B.
Brookfield Boosts Bloom Energy AI Deal to $25B; BE Up 10%
Brookfield expanded its Bloom Energy AI-infrastructure partnership fivefold to $25 billion on June 30, 2026, sending BE up 10% intraday and 7.7% overnight.
U.S. IPOs Hit $251B First-Half Record, Pacing for 2021 Beat
U.S. issuers raised $251B through June 26 — the biggest H1 on record — led by SpaceX’s $86.2B IPO and Alphabet’s $85B AI raise. Inside the numbers.
Alan Greenspan, Fed Chair From 1987 to 2006, Has Died
Alan Greenspan, the Fed’s 13th chair who steered policy through the 1987 crash, dot-com bubble and 1% rates, has died, the central bank said.
Securitize Closes Cantor SPAC; SECZ Trades on NYSE July 2
Tokenization platform Securitize is wrapping its merger with Cantor Equity Partners II, raising about $400M and listing on the NYSE under SECZ on July 2.
SpaceX Prices $25B Inaugural Bond on $89B in Orders
SpaceX sold $25B across five tranches in its first-ever bond sale, drawing nearly $89B in orders and tightening spreads 25 bps from talk.
May PCE Hits 4.1%, Highest Since 2023; Hike Odds Jump to 68%
Headline PCE jumped to 4.1% YoY in May, core to 3.4%. September rate-hike odds surged to ~68% from 29% a week ago as Treasury yields wobbled.
Fed’s Post-QT Pivot: +$275B Treasuries, -$191B MBS YoY
Six months after the Fed ended balance sheet runoff, its portfolio shows a clean pivot: Treasury holdings up $275B YoY, agency MBS down $191B.
All 32 Banks Pass Fed 2026 Stress Test in $708B Scenario
Fed’s 2026 DFAST: all 32 large U.S. banks would survive a severe recession, absorbing $708B in losses while staying above CET1 minimums. Key numbers inside.