GCash parent Mynt looks to Philippine IPO to raise up to P92.3 billion

https://web.brid.gy/r/https://interaksyon.philstar.com/business/2026/06/29/315658/gcash-parent-mynt-looks-to-philippine-ipo-to-raise-up-to-p92-3-billion/

“Those looking for signs of stumbling ( #MarketCrash ) may have found confirmation after a series of developments on Monday. The stock market drop started when #Google -parent, #Alphabet, had its worst day on the market in over a year. A pair of high-profile #AIResearchers left the company last week, worrying investors. Alphabet’s share price had dropped 5% by closing Monday.

#ElonMusk’s #SpaceX, which debuted on the market on 12 June to much fanfare, dropped 16% on Monday as the company’s post-initial public offering (IPO) boost continued to ebb. On Monday, the company announced it is looking to raise $20bn in a bond sale, even after the company gained more than $85bn through its IPO, sparking concerns over the massive cost of the company’s projects.

“ #SpaceX is not yet part of the #Nasdaq indices, but the fact that it is jumping on the bond train to fund excessive #AI and infrastructure spending revives earlier concerns that #BigTech may be spending too much on #AIInfrastructure and increasingly financing that spending through debt,” said Ipek Ozkardeskaya, a senior analyst at Swissquote, noting that #MorganStanley has estimated that AI-related #borrowing will surpass $500bn this year”

The economic-soothsayers are concerned. 🧙‍♂️🧙‍♀️

<https://theguardian.com/business/2026/jun/23/ai-stocks-sell-off-us-markets>

Morgan Stanley advirtió que la recuperación petrolera de Venezuela tomará años

https://fed.brid.gy/r/https://lapatilla.com/2026/06/17/morgan-stanley-advirtio-que-la-recuperacion-petrolera-de-venezuela-tomara-anos/