Marcin Frąckiewicz

Marcin Frąckiewicz is the CEO of TS2 Space and a longtime technology entrepreneur focused on telecommunications, satellite communications and digital innovation. A graduate of the Warsaw School of Economics (SGH), he writes about space technology, artificial intelligence and publicly traded technology companies. His analysis covers major market trends, emerging technologies and the businesses shaping the future of the global economy.

Compass Group stock bounces after 2026 profit outlook stays above 11%
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Compass Group stock bounces after 2026 profit outlook stays above 11%

Compass Group shares rose 0.8% to about $32.25 in London trading Wednesday, recovering from a 1.6% drop the previous day. The company forecasts 2026 revenue of $50.7 billion and underlying operating profit of $3.743 billion, up 11.2% excluding currency effects. Compass posts its next trading update July 21. Shares remain 11% below their 52-week high.
June 24, 2026
BP shares claw back 2.8%, still down 5.7% for the week as Hormuz fears hit market
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BP share-to-Brent jumps 26% after oil dips under $76

BP shares fell 1.7% to 489.85 pence Wednesday as Brent crude dropped 1.6% to $75.88 a barrel. BP’s market value has lost about £18 billion since March 31, while crude is down nearly 36%. BP paused its $750 million quarterly buybacks in February, unlike Shell and Exxon. The company will reorganize into two core segments on July 1.
June 24, 2026
Lloyds Banking Group (LSE: LLOY) stays close to 105p after Starmer resigns
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Lloyds share price weakens with Aldermore math raising buyback doubts

Lloyds Banking Group shares fell 0.6% to 108.45p by midday Wednesday, trading 5.4% below their 52-week high. Berenberg initiated Lloyds at “hold” with a 117p target, following reports Lloyds may bid for Aldermore, valued at £1.35 billion. Lloyds bought back 5 million shares Tuesday at 109.21p each. The bank’s CET1 ratio stood at 13.4% at March 31, above its 13% target.
June 24, 2026
Pro Medicus (ASX:PME) steady post-ASX 50 exit, 116x earnings remains hurdle
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Pro Medicus (ASX:PME) steady post-ASX 50 exit, 116x earnings remains hurdle

Pro Medicus shares closed at A$172.93 Tuesday, up just 0.08% since being dropped from the S&P/ASX 50, despite a surge in turnover during Friday’s index reshuffle. FactSet’s fiscal 2026 EPS consensus has fallen to A$1.49, with the stock now trading at about 116 times FY26 earnings. ALS Ltd will replace Pro Medicus in the ASX 50 before Monday’s open. Underlying first-half net profit was A$67.3 million.
June 24, 2026
South32 (ASX:S32) shares drop 16%, focus on manganese rail contract
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South32 (ASX:S32) shares drop 16%, focus on manganese rail contract

South32 shares opened at A$4.14 Wednesday, down 0.24% and 16.4% below their 52-week high, erasing nearly A$3.6 billion in equity. The company’s South African manganese mines produced 500,000 wet metric tonnes last quarter, slightly up year-on-year but below analyst consensus. No new filings since June 16; analysts cite logistics costs and rival Exxaro’s updates as key signals. Market cap stands at A$18.57 billion.
June 24, 2026
Cleanaway shares slide as falling oil tests A$20 million fuel-cost downgrade
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Cleanaway shares slide as falling oil tests A$20 million fuel-cost downgrade

Cleanaway Waste shares closed at A$2.32 Tuesday, down 2.1% on heavy volume, erasing about A$112 million in equity value. No new filings explained the drop, which followed an April profit warning tied to fuel costs and a delayed pricing reset. The stock sits 21.4% below its 52-week high. Cleanaway also faces a A$6.94 million Victorian landfill-levy payment after a court ruling.
June 24, 2026
Mineral Resources Drops 6% as CEO Search Puts Spotlight on Darren Killeen
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Mineral Resources Drops 6% as CEO Search Puts Spotlight on Darren Killeen

Mineral Resources Limited shares fell 2.5% to A$64.95 Tuesday, extending a two-day loss to 6.1% after a succession update failed to name a replacement for Managing Director Chris Ellison. Chief Operating Officer Darren Killeen is seen as a frontrunner, but the company has not confirmed a successor. MinRes said it has completed 80% of a governance review and expects net debt to drop below two times EBITDA soon.
June 23, 2026
Xero Shares Sink to A$65 as Tech Rout Puts Its Growth Story on Trial
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Xero Shares Sink to A$65 as Tech Rout Puts Its Growth Story on Trial

Xero shares closed at A$65.00 Tuesday, down 5.28% and at a new 52-week low, nearly 67% below last year’s peak. The stock has dropped 9.6% in two days as Australia’s tech index fell 4.04%, outpacing the broader market. Xero’s annual net profit fell 27% despite a 31% revenue jump. U.S. tech stocks also slid Tuesday on renewed rate hike concerns.
June 23, 2026
Westpac Up 1% With Dividend Approaching; Bigger Test Still Ahead
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Westpac Up 1% With Dividend Approaching; Bigger Test Still Ahead

Westpac closed up 1.03% at A$35.48 on Tuesday, outperforming the S&P/ASX 200, which fell 0.33% as technology stocks dropped. The bank will pay a 77-cent fully franked interim dividend on June 26. Lawmakers advanced plans to limit negative gearing and scrap the capital-gains discount, boosting bank shares. Westpac’s first-half net profit missed estimates at A$3.41 billion, with credit impairment charges at A$443 million.
June 23, 2026
ANZ (ASX:ANZ) trades firm in weak ASX session as weekend mortgage drive kicks off
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ANZ (ASX:ANZ) trades firm in weak ASX session as weekend mortgage drive kicks off

ANZ Group Holdings closed up 1.4% at A$35.74 Tuesday, outperforming other major Australian banks as tech stocks fell and investors shifted to dividend payers. The bank will open 27 branches on Saturdays from June 27 for home loans and specialist advice, not regular counter services. ANZ posted a first-half cash profit of about A$3.8 billion and will pay an interim dividend of 83 Australian cents per share on July 1.
June 23, 2026
Telecom Plus (LON:TEP) Drops 26% After £55 Million Growth Spend Cuts Profit, Dividend
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Telecom Plus (LON:TEP) Drops 26% After £55 Million Growth Spend Cuts Profit, Dividend

Telecom Plus shares plunged 26% after the company warned of a sharp profit drop for next year, citing a five-year investment plan. The firm cut its final dividend to 12p from 57p, but announced a £40 million buyback. Adjusted pretax profit guidance for 2027 was slashed to £80–90 million, down from £132.2 million just reported. Net debt is expected to rise as the company targets long-term growth.
June 23, 2026
Imperial Brands (IMB.L) Stock Trades Up After £1.45 Billion Buyback
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Imperial Brands (IMB.L) Stock Trades Up After £1.45 Billion Buyback

Imperial Brands rose 0.5% to 2,750p in London after buying back 230,000 shares at an average 2,735.97p, reducing its share count to about 770.6 million. British American Tobacco gained 2.6% as investors shifted to staples. Imperial’s first-half tobacco net revenue rose 1.5%, with next-gen products up 7.5%. CEO Lukas Paravicini warned a prolonged Middle East conflict could raise input costs and hurt future demand.
June 23, 2026
Bunzl (LON:BNZL) jumps 3% as North America drives 2026 guidance
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Bunzl (LON:BNZL) jumps 3% as North America drives 2026 guidance

Bunzl shares rose 3.25% after the company raised its 2026 revenue outlook, citing stronger North American trading. First-half revenue is expected to climb about 4% at constant exchange rates, with operating margin set to improve. The update follows Elliott Management’s disclosure of a nearly 5% stake and calls for a review of North American operations. Bunzl also acquired Australia’s Scientifix Group.
June 23, 2026
IAG Share Price Pulls Back From 52-Week High as Oil Drops
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IAG Share Price Pulls Back From 52-Week High as Oil Drops

International Consolidated Airlines Group shares fell 0.6% to 463.1 pence in late London trade Tuesday, after hitting a 52-week high Monday. Analyst upgrades and easing fuel cost forecasts had lifted the stock, but softer markets and concerns over higher UK interest rates weighed. Brent crude slipped 0.6% to $77.47 a barrel as tanker traffic rose after U.S.-Iran peace talks. IAG’s Q2 results are due July 31.
June 23, 2026
Shell Plc (LSE: SHEL) Reclaims 3,000p—Why the Stock Is Defying Sub-$80 Brent
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Shell (LON:SHEL) Down as Oil Drops, Focus Turns to Strait of Hormuz

Shell Plc shares slipped 0.25% to 3,001 pence by 11:05 BST Tuesday, valuing the company near £166.5 billion. Brent crude fell 0.6% to $77.47 a barrel as tanker traffic increased in the Strait of Hormuz following early U.S.-Iran talks. Shell paused its $3 billion buyback program ahead of a shareholder vote on its $16.4 billion ARC Resources deal. The FTSE 100 dropped 0.7% in morning trade.
June 23, 2026
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