The Brief

Monday, September 28, 2026

“Live within your income and save so that you can invest. Learn what you need to learn.”– Charlie Munger

SUMMARY

MARKET & MACRO DATA

ECONOMICS, MARKETS & BUSINESS

• Meta and Microsoft led tech stocks higher last week despite soaring bond yields Ask Claude ›
• Blackstone’s top private equity executive prepares exit for possible public service move – Joseph Baratta, one of the company’s best-paid employees, plans to leave the group after almost three decades Ask Claude ›
• Treasury Selloff Extends, Stock Futures Slide to Kick Off Jobs Week – U.S. stock futures fell sharply and a selloff in Treasurys intensified in early European trade, as market sentiment wilted. Ask Claude ›
• World’s worst-performing market slashes minimum price for stocks – Indonesia is trying to boost liquidity by allowing shares to trade at a tiny fraction of a US cent Ask Claude ›
• Wall Street money takes back over from small investors as driving force of the stock market – One firm sees a "reasonably constructive signal for risk appetite" among institutional investors. Ask Claude ›
• The 10-year Treasury yield is at its highest in nearly two decades. How we got here – The benchmark yield has climbed to a 19-year high, fueled by sticky inflation, heavy bond issuance and an AI-fueled investment boom. Ask Claude ›
• Foreign capital flows into US stocks hit record as appetite for debt fades – Overseas purchases of US equities topped $940bn in the year to July, coinciding with strong gains in the S&P 500 Ask Claude ›
• Treasury yields edge higher amid pressure on global government bonds – Treasury yields edged higher on Monday as investors look ahead to fresh economic data releases this week. Ask Claude ›
• Whole Foods co-founder shares 3 tips for launching a successful second act: 'I'm relearning some lessons' – John Mackey is learning that what helped him build Whole Foods Market into a multibillion-dollar business can help him in his second act, but only if he's patient. Ask Claude ›
• Selloff in U.S., European Government Bonds Deepens – The selloff pushed 10-year Treasury and Bund yields to multiyear highs as yet another setback in efforts to resolve the Middle East conflict drove oil prices higher. Ask Claude ›
• Bond sell-off deepens as oil rises above $108 – Ten-year Treasury yield hits 5.2% and Brent jumps as hopes for US-Iran agreement fade Ask Claude ›
• How Mark Walter Turned a Ho-Hum Insurance Company Into a Risk-Taking Lender – Delaware Life has transformed into a private-credit lender, with a much higher concentration of riskier investments than typical insurers. Ask Claude ›

TECH & AI

• Truecaller takes its scam intelligence to the open web as it looks beyond caller ID – Truecaller finds a new way to reach users as pressure grows on its traditional caller ID business in India, its biggest market. Ask Claude ›
• Can Muse overcome Meta’s trust issues? – On Equity, we discussed how Meta's AI announcement managed to steal the spotlight from OpenAI and Anthropic. Ask Claude ›
• Why India needs to keep its AI push going amid global calls for slowdown Ask Claude ›
• Anthropic’s Dario Amodei gets the SNL treatment – "AI is the devil and I its maker." Ask Claude ›
• TechCrunch Mobility: AV companies pick their lanes – Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. Ask Claude ›
• Bill Gates says unchecked AI could 'cause a billion deaths'; joins club of tech moguls raising alarm Ask Claude ›
• Smart Headlights Finally Trickle Down to Cars in the U.S. Ask Claude ›
• Sennheiser Momentum 5 review: Great sound, incredible battery life, and few compromises – I spent the last few weeks with the Sennheiser Momentum 5 to determine if this pair actually stands out, testing everything from sound quality and noise cancellation to comfort and battery life. Ask Claude ›

WORLD & POLITICS

• U.K. Probes Possible Iran Link to Suspected Terror Plot at Base Hosting U.S. Forces – Investigators have yet to publicly identify the five men arrested close to Fairford base, which hosts U.S. forces and B-1 bombers. Ask Claude ›
• Two mass shootings in South Africa leave 28 dead – The two attacks hours apart come as the country struggles to stop high levels of gang-related armed violence. Ask Claude ›
• Trump asked Xi Jinping if China would like to buy US weapons, American ambassador says – David Perdue’s remarks come after a Taiwanese minister spoke of the ‘severe’ military threat posed by Beijing to the self-ruled island Donald Trump offered to sell weapons to China while hosting its l Ask Claude ›
• Seoul accuses Ukraine of violating secrecy pact on North Korean soldiers – South Korea demands apology after Volodymyr Zelenskyy discloses prisoner transfer Ask Claude ›
• Embattled Serbian president resigns, paving way for early elections – Aleksandar Vučić's administration has been dogged by prolonged protests over allegations of corruption. Ask Claude ›
• Two bodies found after avalanche hits Himalayan climbing group – Rescuers are looking for at least 10 Nepalese people who were preparing to take climbers up the Himlung Himal peak. Ask Claude ›
• Why Europe’s centre will hold – The 1930s are not a good guide to the politics of the 21st century Ask Claude ›
• The Pope and the EU’s holy founding father – Pope Leo defends European unity in hometown of Robert Schuman, who is on a path to Catholic sainthood Ask Claude ›

DEALS

• FTAI Aviation, the NASDAQ-listed aircraft leasing and aerospace products company, acquired 27 Boeing 737-700 aircraft from WestJet through its 2026 Strategic Capital vehicle in a combined sale-leaseback and asset purchase, marking one of the firm's largest aircraft transactions to date. Source ›
• Theravance Biopharma, maker of the respiratory drug YUPELRI, saw its acquisition by Zymeworks officially close, adding a durable, recurring cash-flow asset to Zymeworks' biotech portfolio. Source ›
• ITM Isotope Technologies Munich, a Munich-based producer of therapeutic radioisotopes generating $273 million in 2025 revenue, agreed to be acquired by Telix Pharmaceuticals for $1.65 billion upfront in Telix stock and assumed debt, plus up to $700 million in milestone payments, to create a vertically integrated radiopharmaceutical powerhouse. Source ›
• Priority Technology Holdings, a Nasdaq-listed payments and banking solutions provider, agreed to go private in an all-cash deal worth roughly $1.6 billion in enterprise value, with an investor group led by Chairman and CEO Thomas Priore paying $8.05 per share and equity financing from Searchlight Capital Partners. Source ›
• Rentokil, the global pest control giant, agreed to sell its lake and pond management division to Bain Capital for $230 million. Source ›
• Snorkel AI, an AI data development platform, raised $350 million at a $3.5 billion post-money valuation, with Insight Partners and S32 leading a round joined by Addition, March Capital, Blumberg Capital, Allegis Capital, Frontline, Standard, Third Point Ventures, and existing backers Greylock, Lightspeed, GV, Factory, Prosperity7, Walden Catalyst, and Wells Fargo. Source ›
• Mirendil, a San Francisco-based self-improving AI model developer launched by former Anthropic researchers, is reportedly in talks to raise new funding at a $5 billion valuation led by Kleiner Perkins. Source ›
• TK Elevator, the German elevator maker, is the target of a planned €29.4 billion ($33.7 billion) acquisition by Finnish lift engineering giant Kone that is now facing a UK antitrust review over potential competition concerns. Source ›

EARNINGS RELEASES (next 15 days)

WEEK AHEAD

ON THE RADAR

Marz Capital – The Brief · Sourced from Yahoo Finance, BLS, StatsCan, FRED, CNBC, Reuters & web search · Note: some 1M/YTD/1Y market columns show n/a where data was unavailable at time of research · Treasury "ATH" reflects the past 20 years, not full history, since older-regime peaks (e.g. ~15% in 1981) aren't a meaningful comparison to today

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