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.

DeFi Development UK shares edge up after Cykel AI reset; warrant hangover lingers

DeFi Development UK shares edge up after Cykel AI reset; warrant hangover lingers

DeFi Development Corporation UK PLC shares were up in London Wednesday, climbing 13.9%. But with a market cap still hovering just past the level of January’s cash holdings and under last year’s initial warrant deal, the move was more about the scale of those numbers than the day’s percent gain. Trading remains thin. By 15:40 BST, about £37,000 worth of stock had crossed at a delayed price of 26.20p. The spread held at 4p, with a 25p bid and 29p offer, or around 14.8% of the 27p mid. Shares are still down 89.5% year-on-year, Investors Chronicle data showed.
July 1, 2026
Student loan SAVE delay shifts investor focus to $485 billion forbearance pool

Trump student-loan court calls check private lender gains as PSLF knocked down

WASHINGTON - Federal judges handed President Donald Trump two setbacks on his student-loan plans: public servants can still pursue loan forgiveness claims, and some graduate health students will for now keep access to higher federal loan limits. The key number is the $100,000 gap. Federal rules now set most grad borrowing at $100,000, but professional degrees can go as high as $200,000. Shifting a program to professional status cuts back the private-loan need after Grad PLUS borrowing ends for new students.
July 1, 2026
Rentokil Initial (LON:RTO) stock drops on high volume as North America performance put to test

Rentokil Initial (LON:RTO) stock drops on high volume as North America performance put to test

London cash trading was closed at the time; the London Stock Exchange reports normal trading runs from 0800 to 1630 local, and London time was 2202 BST. Rentokil shares dropped again Tuesday, finishing at 426.69p, off 0.89%. The stock opened at 428.10p and touched a session low at 425.40p, according to Investing.com. About 14.49 million shares changed hands, 85% more than the average for June from the same source.
June 30, 2026
InterContinental Hotels shares edge lower after $13 million buyback at fresh dollar quote

InterContinental Hotels shares edge lower after $13 million buyback at fresh dollar quote

InterContinental Hotels Group PLC edged down after hours in London, last changing hands at $172.25 at 1800 BST, off 0.29%. The FTSE 100 Index had closed up 0.12% at 10,497.12. LSE’s normal trading closes at 1630 local, so this was a post-market price, not from the regular order book. Investors looked to the buyback price. IHG said Tuesday it purchased 74,905 ordinary shares on June 29 via Goldman Sachs International, part of Goldman Sachs Group Inc, paying between $171.7500 and $173.6000 per share. The average price paid was $172.8874, which is 0.37% above the last trade at $172.25.
June 30, 2026
Standard Chartered (LON:STAN) shares steady as $1.5bn buyback wraps, new Europe fees chief named

Standard Chartered (LON:STAN) shares steady as $1.5bn buyback wraps, new Europe fees chief named

Trading on the London Stock Exchange followed regular hours Tuesday, open from 0800 to 1630 BST. This report comes after the cash close. London was operating on BST at the time. Standard Chartered barely moved at the close, with the action looking less like buyers jumping in and more like a wait-and-see. Data from Hargreaves Lansdown had the stock trading 2,048p/2,049p, up just 1p, or 0.05%. Volume was 3.6 million shares, and the market cap sat near 44.38 billion pounds.
June 30, 2026
Eurasia Mining (EUA.L) shares up after FX gain offsets cash drop in 2025 report

Eurasia Mining (EUA.L) shares up after FX gain offsets cash drop in 2025 report

Eurasia Mining plc moved higher Tuesday after the Russia-facing miner posted a profit for 2025, but the headline hides a weaker story for shareholders. The profit was down to an accounting foreign exchange gain, with cash actually flowing out of the business. The AIM-listed share last traded at GBX 2.64 at 16:30 in London, gaining 10.0% on the day. Trading volume came in at 5.42 million shares, about 1.45 times the 3.73 million average according to Google Finance. Market cap stood at £77.92 million.
June 30, 2026
UK stock market today: FTSE 100 gain masks late fade as banks and defence lead

UK stock market today: FTSE 100 gain masks late fade as banks and defence lead

The FTSE 100 Index rose 12.90 points, or 0.12%, to 10,497.12 on Tuesday, but the close was only 13.26 points above the session low and 116.06 points below the high. The positive close hid a weak finish: the blue-chip index ended in the bottom 10.3% of its day range. The FTSE 250 Index, the cleaner read on domestic UK shares, fell 1.40 points, or 0.01%, to 23,013.45. It closed in the bottom 9.6% of its intraday range. That matters because the same late fade hit both large caps and mid-caps, even though the headline FTSE 100 print was higher.
June 30, 2026
STV Group share price jumps as heavy volume tests World Cup ad bounce

STV Group share price jumps as heavy volume tests World Cup ad bounce

STV Group plc jumped on Tuesday after the London close, a sharp move for a small-cap broadcaster whose investment case now turns on whether World Cup advertising and cost cuts can offset weak UK advertising and programme commissioning. The London Stock Exchange session was a regular Tuesday session, running 0800-1630 BST. Google Finance showed STV at 106.50 pence at 16:35 BST, up 10.90 pence, or 11.4%, on volume of about 274,280 shares. That compared with an average volume of about 37,070 shares. Hargreaves Lansdown showed the market closed with a 102p/103p sell-buy quote and the same 10.90p move; it put the FTSE All Share gain at 0.26%.
June 30, 2026
Devolver Digital stock bounce rests on tiny turnover and a $62 million first-half revenue floor

Devolver Digital stock bounce rests on tiny turnover and a $62 million first-half revenue floor

Devolver Digital, Inc. rose 11.76% to 19p in delayed LSEG data on Tuesday, but the move sat on just 1.23k shares, equal to about £234 of stock at the quoted price. That is the market story for now: a double-digit gain, but not a heavy-volume reset. The London Stock Exchange’s regular session for June 30 runs from 08:00 to 16:30 BST, so the 13:59 BST quote was not a final close.
June 30, 2026
IAG share buyback cushion stays thin as stock trades near 52-week high

IAG share buyback cushion stays thin as stock trades near 52-week high

International Consolidated Airlines Group SA was holding just below last week’s high on Tuesday, helped by a steady buyback but with the company’s own purchases still small beside market turnover. The British Airways and Iberia owner traded at 477.10 pence at 13:53 BST, up 1.90p, or 0.4%, with 6.7 million shares traded. The stock opened at 477.50p, hit 484.60p and fell as low as 472.60p, according to delayed market data. The London Stock Exchange was open; its main session runs from 8:00 a.m. to 4:30 p.m. BST.
June 30, 2026
Rio Tinto (LON:RIO) trails FTSE as iron ore prices hit lithium push

Rio Tinto shares gain after Mongolia copper deal shines light on $4.4 billion stake

Rio Tinto plc gained 1.96% to trade at GBX 7,215 by 13:40 BST Tuesday, outpacing the FTSE 100, which was up 0.85%. The London Stock Exchange was open in its usual hours, with its June 30 session listed from 0800 to 1630 local time. The stock traded higher as miners rallied. Reuters said Tuesday that industrial metal mining stocks were up 2.1%. Rio Tinto, Anglo American plc, and Glencore PLC all gained between 1.7% and 2.8% as the FTSE 100 was on track for its sixth straight quarter of gains.
June 30, 2026
SIG plc (LON:SHI) trades higher on light volume as investors eye August results, debt picture

SIG plc (LON:SHI) trades higher on light volume as investors eye August results, debt picture

The London Stock Exchange was open for its standard 0800-1630 BST trading hours at the time. SIG plc was trading near 8.55p, up 6.15%. The FTSE All-Share was up 0.80% at 5,674.02. The rise outpaced London’s wider market but didn’t see the same volumes. Turnover for the day reached about 18% of the average volume reported by Google Finance, and the bid-offer spread at 0.70p was about 8.3% of the mid according to Investors Chronicle. That’s significant for a small-cap—quotes can shift quickly, but it’s harder to move real size.
June 30, 2026
Unilever slips after volume beat; focus turns to July pricing test

Unilever slips after volume beat; focus turns to July pricing test

Unilever PLC dipped Tuesday even as the FTSE rose. The share move was minor but kept attention on a familiar question for shareholders: can Unilever get margin gains from higher volumes, or is it still too dependent on price increases? The stock traded at 4,563.50p at 13:00 BST, down 0.36%, giving it a market cap of 98.37 billion pounds. According to Google Finance, shares sat 17.7% below the 52-week high and 25.2% above the 52-week low, roughly mid-range for the year.
June 30, 2026
Autins shares up after first profit in years, valuation still lags book

Autins shares up after first profit in years, valuation still lags book

Autins Group Plc traded higher Tuesday after posting its first annual profit since 2017. Still, even with today’s move, the company’s market cap is below its audited net asset figure. The London market was open at press time, with the LSE trading from 0800 to 1630 BST on June 30. Fidelity quoted Autins up 1.44p, or 9.93%, with a sell price at 13p and a buy price at 16p. AJ Bell put the trade high at 15.94p, with volume at 125,339 shares. The year high stood at 16p and the year low at 4.275p.
June 30, 2026
London Stock Exchange Group (LON:LSEG) edges up but stays under latest buyback price

London Stock Exchange Group (LON:LSEG) edges up but stays under latest buyback price

London Stock Exchange Group plc shares gained in London on Tuesday. Even with the move, the stock is still trading well under where the company bought back shares earlier this month. LSEG traded at 8,184p at 10:46 BST, up 108p, or 1.34%, from the 8,050p open. The stock moved between 7,980p and 8,188p so far. Over the last 52 weeks, the range is 6,684p to 10,990p, per WSJ data. AJ Bell quoted a bid-offer at 8,182p/8,186p at the same time and put market cap at 39.81 billion pounds.
June 30, 2026
Associated British Engineering (LON:ASBE) trades with wide spread, cash still covers bulk of value

Associated British Engineering (LON:ASBE) trades with wide spread, cash still covers bulk of value

Associated British Engineering plc traded Tuesday looking like a listed cash shell, not a typical engineering stock. The mid price stayed at 17.5p, but the order book showed a wide 10p to 25p quote, a 15p spread or about 86% of the mid. Anyone crossing the spread—buying at the offer and selling at the bid—would take a 60% hit before fees. AJ Bell’s last recorded trade shows 24 shares moving at 10.5p at 0804 on June 29. Before that, the only other visible trade was 2,935 shares at 15.11p on June 23, a £443.48 deal. That’s all investors see on a tape where a single small trade moves the chart.
June 30, 2026
Qantas stock approaches FY26 finish; Tokyo capacity push questions upside

Qantas stock approaches FY26 finish; Tokyo capacity push questions upside

Qantas Airways Limited heads into the last trading day of FY26 with its average broker target looking tight, but the carrier has a clearer focus on its network. It’s putting more planes on routes with solid leisure demand and pulling back on parts of the network hit by high costs or lighter passenger numbers. Qantas shares closed at A$10.70 on Monday, up 0.2% for the session, after moving between A$10.59 and A$10.75, according to the airline’s investor site. The S&P/ASX 200 gained 59.2 points, or 0.68%, to finish at 8,823.4 on Monday. MarketIndex said the benchmark was expected to open flat on Tuesday.
June 30, 2026
Zip Co (ASX:ZIP) finishes A$50m buyback below market, shares climb

Zip Co (ASX:ZIP) finishes A$50m buyback below market, shares climb

ASX cash trading hadn’t started at the dateline. Pre-open is set by the exchange for 07:00 Sydney time, with regular trading slots from 09:59:45 through 16:00, according to the Australian Securities Exchange. Zip Co Ltd closed Monday at A$3.13, booking a strong gain. But the big story sits in the buyback numbers, not the latest jump. The company’s announcements page listed two separate buyback updates dated June 29. No earnings update dropped on Monday.
June 29, 2026
Pro Medicus (ASX:PME) jumps $1.9 billion after EchoIQ AI heart deal tests stock price

Pro Medicus (ASX:PME) jumps $1.9 billion after EchoIQ AI heart deal tests stock price

As of the dateline, normal ASX trading wasn’t open yet. The exchange lists standard hours as roughly 09:59:45 to 16:00 Sydney time, so Monday’s closing price is the last full session. Pro Medicus, Ltd. climbed 4.54% to A$197.45 on Monday, adding to strong gains in June as the healthcare software stock stayed in focus. The S&P/ASX 200 Index gained 0.68% to 8,823.4, lifted by moves in tech and healthcare.
June 29, 2026
WiseTech Global claws back some ground but ASX holders still down 69% this year

WiseTech Global claws back some ground but ASX holders still down 69% this year

The Australian Securities Exchange was still closed at the dateline. Pre-open is scheduled from 0700 Sydney time, and ASX normal trading gets underway at 09:59:45, the exchange said. WiseTech Global Ltd surged Monday, jumping A$2.27, or 7.19%, to close at A$33.82. Volume hit 2.50 million shares and turnover came to A$82.8 million. But shares are still down 68.9% over the last 12 months.
June 29, 2026
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