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.

Woolworths Falls as ASX Climbs; Margin Pressure Stays in Focus

Woolworths Falls as ASX Climbs; Margin Pressure Stays in Focus

Woolworths closed down 1.25% at A$37.78 on Wednesday, underperforming the S&P/ASX 200, which rose 0.54% to 8,966.30. Investors weighed higher fuel costs and price cuts against recent sales gains. Woolworths has flagged more cost-cutting, including offshoring corporate roles. No new price-sensitive filings were posted in the latest session.
June 17, 2026
PLS Group edges higher after Ganfeng cuts stake, lithium still on radar

PLS Group edges higher after Ganfeng cuts stake, lithium still on radar

Ganfeng Lithium’s GFL International sold 35.1 million shares in Pilbara Minerals (PLS) for about A$222 million, reducing its stake to 3.27%. PLS shares closed up 2.75% at A$6.36, outpacing the S&P/ASX 200’s 0.54% gain. Ganfeng said it will maintain commercial ties with PLS. Record March-quarter production and higher prices continue to support PLS stock.
June 17, 2026
CSL share price creeps up while ASX rally puts biotech to the test

CSL share price creeps up while ASX rally puts biotech to the test

CSL closed Wednesday at A$106.79, up 0.51%, after trading between A$105.42 and A$107.48. Shares remain down 38.76% for the year despite a 7.36% weekly gain. The company is guiding for FY26 revenue of about $15.2 billion and expects around $5 billion in further non-cash impairments. Full-year results are due August 18.
June 17, 2026
NAB shares trail ASX 200 as RBA rate outlook stays in play

NAB shares trail ASX 200 as RBA rate outlook stays in play

NAB shares fell 0.58% to A$37.67 Wednesday, underperforming the S&P/ASX 200, which rose 0.54%. The Reserve Bank of Australia kept its cash rate at 4.35% and did not rule out further hikes. NAB redeemed its Capital Notes 3 hybrid security as planned, paying holders A$100 per note plus a final distribution. CEO Andrew Irvine cited ongoing uncertainty in earnings forecasts.
June 17, 2026
BHP trades close to highs after Chile asset-sale talk puts copper in focus

BHP trades close to highs after Chile asset-sale talk puts copper in focus

BHP shares closed at A$65.59, up 0.61%, with the ASX cash market shut. Reuters reported BHP plans to sell Chilean power transmission assets worth about $1.5 billion, supplying its Escondida and Spence copper mines. The move follows BHP’s shift toward copper, after copper earnings topped iron ore for the first time last half. BHP did not immediately comment on the reported sale.
June 17, 2026
Reckitt Moves Up as Buyback Continues Ahead of July Results

Reckitt stock falls after finishing buyback as inflation jitters persist

Reckitt shares fell 0.8% to 4,603p on Wednesday, underperforming the FTSE 100. CEO Kris Licht warned of delayed inflation impacts from the Iran war and said more news on share buybacks will come with half-year results on July 29. The company completed a £1 billion buyback this week. Two new non-executive directors are set to join the board.
June 17, 2026
IMI trades close to record after buyback draws eyes to UK engineer’s cash

IMI trades close to record after buyback draws eyes to UK engineer’s cash

IMI shares slipped 0.27% to 2,978p in late London trade Wednesday after the company bought back 100,670 shares for cancellation at an average price of 2,979.40p. The stock touched a session high of 3,003.16p and its market cap stood near £7.13 billion. IMI’s total voting rights will fall to 239,163,673 after settlement. The FTSE 100 was little changed as investors awaited the Bank of England’s rate decision.
June 17, 2026
British Land weaker with BoE outlook muting rent growth news

British Land weaker with BoE outlook muting rent growth news

British Land shares fell 1.3% to 415p in late London trading Wednesday, lagging the broader market amid rate uncertainty after UK inflation held at 2.8%. The company’s 10.80p final dividend goes ex-dividend June 18. CEO Simon Carter and other executives bought 36 partnership shares each at 417.2p. Bank of America’s voting-right exposure dropped to 2.6%.
June 17, 2026
M&S stock down, trails FTSE ahead of Bank of England call

M&S stock down, trails FTSE ahead of Bank of England call

Marks & Spencer shares fell over 3% to around 361p on Wednesday, underperforming the FTSE 100 as traders sold ahead of the Bank of England’s rate decision. The retailer reported a 23.8% drop in adjusted pretax profit last month, with cyberattack costs at £131.3 million. UK inflation held at 2.8% in May, missing forecasts. M&S continues to face pressure from rivals and ongoing cyber risks.
June 17, 2026
GSK stock ticks up in London while investors look at Nuvalent cancer deal

GSK stock ticks up in London while investors look at Nuvalent cancer deal

GSK shares rose 0.6% to 1,962p in London on Wednesday, outperforming a weaker FTSE 100. Investors focused on GSK’s planned $10.6 billion cash buyout of U.S. biotech Nuvalent, its largest deal in over a decade. The acquisition gives GSK access to two late-stage lung cancer drugs but brings execution risks. GSK continued share buybacks, purchasing 1.10 million shares last week.
June 17, 2026
IAG stock up with buyback and oil price easing fuel fears

IAG stock up with buyback and oil price easing fuel fears

IAG’s CDIs rose 0.6% to 457p in London late Wednesday morning, nearing a 12-month high. The British Airways parent bought back 6.1 million shares last week as part of a €500 million program. Brent crude steadied near $79 a barrel after a sharp drop, easing fuel cost concerns. Investors are watching IAG’s annual meeting in Madrid on Thursday.
June 17, 2026
Anglo American stock rises with De Beers deal close

Anglo American stock rises with De Beers deal close

Anglo American shares rose 0.21% to 4,105.69 pence in London as CEO Al Cook said a De Beers sale could close within weeks. The company is shifting focus to copper and iron ore ahead of its planned Teck Resources merger. The De Beers sale and Teck merger face regulatory and market hurdles. Anglo holds 85% of De Beers, with Botswana owning 15%.
June 17, 2026
Regis Resources trades higher with gold flat ahead of ASX open

Regis Resources trades higher with gold flat ahead of ASX open

Regis Resources closed at A$6.69 Tuesday, up 0.9% after a 13.3% surge Monday, as gold prices firmed and oil fell. Investors are weighing Regis’s all-share offer for Vault Minerals, which would create a larger Australian gold miner. The S&P/ASX 200 edged up 0.04%, while the Reserve Bank of Australia kept rates steady at 4.35%. Northern Star and Evolution Mining also gained, tracking sector strength.
June 16, 2026
Transurban falls in Sydney as brokers move away

Transurban falls in Sydney as brokers move away

Transurban Group shares fell 1.82% to A$15.07 in late Sydney trading Tuesday after broker downgrades and weak May traffic data. May group traffic rose just 0.1% year-on-year, with Brisbane down 3.2%. The company completed the M7-M12 Integration Project and agreed to sell its remaining Montreal A25 stake. The S&P/ASX 200 edged up 0.04%.
June 16, 2026
ANZ Gains After RBA Keeps Rate Steady, Banks Climb

ANZ Gains After RBA Keeps Rate Steady, Banks Climb

ANZ Group Holdings closed up 0.87% at A$34.81 in Sydney after the Reserve Bank of Australia held its cash rate at 4.35%. The ASX 200 ended nearly flat. The RBA signaled possible future hikes if inflation stays high. ANZ’s interim dividend is due July 1, with key inflation data expected before the next RBA meeting in August.
June 16, 2026
Woodside bounces off lows, trading uneven after Exxon news and oil slide

Woodside bounces off lows, trading uneven after Exxon news and oil slide

Woodside Energy closed up 1.97% at A$30.04 in Sydney on June 16, rebounding after recent losses tied to falling oil prices and fading takeover rumors. Brent crude dropped nearly 5% to US$78.92 a barrel, its lowest in three months, as talk of a possible U.S.-Iran deal pressured prices. Woodside will acquire PetroChina’s 10.67% Browse stake for up to US$400 million, raising its share to 41.27%.
June 16, 2026
1 5 6 7 8 9 236