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.

National Grid Stock Faces May 14 Earnings Test as U.S. Refund Hit Clouds £70 Billion Grid Plan
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National Grid Stock Faces May 14 Earnings Test as U.S. Refund Hit Clouds £70 Billion Grid Plan

With London markets shut for a UK holiday Monday, National Grid plc’s ADRs in New York took the lead. The U.S.-listed shares slipped $1.12 to $87.36, ahead of the utility’s full-year numbers due next week. London trading has been muted ahead of National Grid’s May 14 full-year results. The last update pointed to annual performance mostly tracking guidance, but with a net drag of about 1 pence per share on underlying EPS. That setback comes down to two things: customer refund charges linked to a March 19 Federal Energy Regulatory Commission decision on New England Transmission, and higher storm costs in the U.S.
May 4, 2026
London Stock Exchange Group Stock: Why LSEG’s Record Quarter Faces A Tuesday Test
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London Stock Exchange Group Stock: Why LSEG’s Record Quarter Faces A Tuesday Test

London Stock Exchange Group plc will be back in focus Tuesday, as investors look to see how its shares trade after the cash market missed a session Monday thanks to the Early May Bank Holiday closure. The exchange flagged May 4 as a non-trading day for on-exchange activity, keeping just OTC/SI off-book trade reporting open. OTC/SI covers trades logged outside the main order book.
May 4, 2026
Valve’s $99 Steam Controller Sells Out Fast, and the Steam Machine Wait Gets Harder to Ignore
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Valve’s $99 Steam Controller Sells Out Fast, and the Steam Machine Wait Gets Harder to Ignore

Bellevue, Washington, May 4, 2026, 11:09 PDT Valve’s Steam Controller was snapped up in roughly half an hour after sales began Monday, quickly clearing out as the company tries once again to get its living-room PC hardware into players’ hands, though the Steam Machine itself still has no set release date. Around the 10 a.m. Pacific kickoff, PC Gamer noted that Steam encountered buying glitches and a noticeable uptick in support tickets.
May 4, 2026
Diploma PLC Share Price Nears Record Before May Results — Can Its FY26 Margin Upgrade Hold?
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Diploma PLC Share Price Nears Record Before May Results — Can Its FY26 Margin Upgrade Hold?

Diploma PLC is nearing a record high as London gears up for a short trading week, with investors eyeing its half-year report for clues on whether the technical products supplier can hold onto its raised FY26 margin goal. Timing plays a role here. With London markets shut for the Early May Bank Holiday, Diploma ended Friday at 6,975p—just shy of its 7,060p high for the year, down about 0.9%. Year-to-date, the stock has jumped 30.9%, market data show.
May 4, 2026
UniCredit’s Commerzbank Takeover Just Cleared a Big Hurdle. Germany Is Digging In
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UniCredit’s Commerzbank Takeover Just Cleared a Big Hurdle. Germany Is Digging In

On Monday, UniCredit shareholders gave the green light for the Italian lender to issue new shares as part of its planned all-share bid for Commerzbank, clearing a significant internal obstacle just ahead of Tuesday’s anticipated formal exchange offer. At their Milan gathering, investors signed off on a capital increase of up to 6.704 billion euros—plus any share premium—by authorizing the issuance of as many as 470 million ordinary shares. The outcome is pivotal, flipping Andrea Orcel’s drawn-out stake accumulation into an actual proving ground for Europe’s bank consolidation push. UniCredit stands as Commerzbank’s top investor and wants to breach the 30% line—but not grab full control yet—a move that lets it push harder for negotiations, while sidestepping a big capital
May 4, 2026
Xiaomi 17 Fold Leak Just Took a Twist as Mix 5 Comeback Claim Gets Knocked Down
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Xiaomi 17 Fold Leak Just Took a Twist as Mix 5 Comeback Claim Gets Knocked Down

BEIJING, May 5, 2026, 02:04 Xiaomi’s upcoming flagship lineup took a turn Monday, as a fresh leak cast doubt on reports of a Mix 5 revival—suggesting instead that the device might actually be part of the Xiaomi 18 series. That puts the spotlight on two different rumors: a potential Xiaomi 17 Fold, and a Xiaomi 18 variant built around its camera hardware.
May 4, 2026
Royal Mail No-Delivery Alert Hits Every UK Postcode Today
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Royal Mail No-Delivery Alert Hits Every UK Postcode Today

Royal Mail suspended all deliveries and collections nationwide on Monday, citing the Early May Bank Holiday. That left households and businesses waiting an extra day for post. According to its service notice, there were “no deliveries or collections of mail” on Monday, May 4. The bank-holiday shutdown comes as Britain’s postal service faces intense scrutiny. Royal Mail has been working to fix service reliability, still reeling from missed delivery targets, pricier stamps, and a sweeping revamp of second-class mail.
May 4, 2026
Samsung Galaxy A37 Drops to $400, Putting Galaxy A57 Under Pixel 10a Pressure
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Samsung Galaxy A37 Drops to $400, Putting Galaxy A57 Under Pixel 10a Pressure

Samsung’s midrange lineup ran into some price pressure Monday, with the 2026 Galaxy A37 5G slipping to roughly $400 in the U.S.—pulling it closer to the Galaxy A57 5G. That narrows the distance as consumers eye the higher-end Samsung model alongside Google’s Pixel 10a. The timing is key. Midrange Androids aren’t just about bargain tags anymore; Samsung and Google are touting battery life, AI features, and longer software updates. Yet, retailers have started slashing prices just weeks after release.
May 4, 2026
RENK Stock Faces a €585 Million Test as Orders Boom and Cash Flow Becomes the Real Story
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RENK Stock Faces a €585 Million Test as Orders Boom and Cash Flow Becomes the Real Story

RENK Group is set to report first-quarter numbers on May 6, with the market looking for about €585 million in new orders. The bigger question: can the German defence supplier actually convert that record-level demand into real cash? Börse Global, referencing mwb research, flagged that analysts anticipate order intake for the quarter will land well above the firm’s usual run-rate targets. This comes as Germany ramps up defence spending at a clip unseen in recent years. Berlin just signed off on headline 2027 budget targets, planning to boost core defence outlays to €105.8 billion from €82.7 billion in 2026. Factor in special funds and support for Ukraine, and total defence spending lands at €144.9 billion—3.1% of GDP.
May 4, 2026
Jet2 LS190 Emergency: What Happened Before Glasgow Landing After 7700 Alert
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Jet2 LS190 Emergency: What Happened Before Glasgow Landing After 7700 Alert

Jet2’s LS190 from Palma de Mallorca triggered a Squawk 7700 emergency alert while heading into Glasgow on Monday, drawing emergency crews to the airport ahead of landing. The Boeing 737-800, tail number G-JZBK, touched down safely. According to AIRLIVE, initial indications suggest a passenger medical issue was the cause. Jet2, for now, hasn’t issued an official statement. Why does the alert stand out? Squawk 7700 isn’t just another code—it signals a real emergency. When a pilot switches to this setting, it tells air traffic control there’s a problem onboard, prompting controllers and airport crews to move the flight to the front of the line for help.
May 4, 2026
ASX Today: Why Australia Stocks Fell as NAB, A2 Milk and RBA Rate Risk Hit the Market
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ASX Today: Why Australia Stocks Fell as NAB, A2 Milk and RBA Rate Risk Hit the Market

Australian stocks start Tuesday under pressure, following a 0.4% drop in the S&P/ASX 200 to 8,697.10 on Monday. National Australia Bank and consumer staples weighed on the market as investors looked ahead to the Reserve Bank of Australia’s rate call. The benchmark shed 0.7% over the previous week. Investors are contending with more than a rough patch in trading. Eyes turn to the RBA board’s cash-rate call at 2:30 p.m. AEST; the current rate sits at 4.1%, and a 25-basis-point bump to 4.35% is widely expected by economists at the big four banks. For reference, a basis point equals one-hundredth of a percentage point. The cash rate, in turn, feeds straight into mortgage and deposit rates.
May 4, 2026
UK Stock Market Today: FTSE 100 Is Closed, But Tuesday’s Oil Test Looks Bigger Now
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UK Stock Market Today: FTSE 100 Is Closed, But Tuesday’s Oil Test Looks Bigger Now

With London markets shut Monday for the Early May Bank Holiday, the FTSE 100 sat out the latest round of global selling. The London Stock Exchange had flagged May 4 as a non-trading and non-settlement day for sterling trades. This time, UK investors come back on Tuesday to a different landscape: oil prices have jumped, European stocks slid, and the Middle East is once again squarely on traders’ radar. The FTSE 100 leans hard toward energy, mining, banks, and global pharma giants—so while a holiday may push back the reaction, it won’t prevent the market from catching up.
May 4, 2026
Google Pixel 10 Pro XL Deal Is Back: Amazon Cuts Unlocked Pixel 10 Phones by Up to $300
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Google Pixel 10 Pro XL Deal Is Back: Amazon Cuts Unlocked Pixel 10 Phones by Up to $300

Amazon is once again slashing prices across Google’s Pixel 10 lineup, with unlocked versions of the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10 Pro Fold all discounted by up to $300 in the latest wave of U.S. deals. These unlocked models come without carrier restrictions. The timing is notable: Pixel 10 prices climbed late April, 9to5Toys noted, but these new cuts drag some models right back down to their spring-sale marks. Google’s own storefront, by contrast, hasn’t been handing out direct discounts on the phones, the same report said.
May 4, 2026
Poste Italiane-TIM Takeover Faces Q1 Results Test as Debt and Agcom Move Into Focus
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Poste Italiane-TIM Takeover Faces Q1 Results Test as Debt and Agcom Move Into Focus

Telecom Italia is set to report first-quarter results this week, with analysts projecting only slight revenue gains and a heavier debt burden—factors that add new scrutiny to the figures underpinning Poste Italiane’s proposed buyout. Analyst consensus—not to be confused with TIM’s own guidance—points to revenue of 3.32 billion euros, up 1.2% year-on-year on a comparable basis. EBITDA comes in at 973 million euros, according to the average estimate. Capital expenditure is pegged at 423 million euros, while adjusted net financial debt, after company tweaks, lands at 7.31 billion euros as of the end of March.
May 4, 2026
Xanadu Stock Plunges 59% After Resale Filing, Slashing OMERS’ Paper Windfall
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Xanadu Stock Plunges 59% After Resale Filing, Slashing OMERS’ Paper Windfall

Xanadu Quantum Technologies tumbled roughly 59% late Monday morning, after a U.S. resale prospectus put as many as 293.7 million Class B subordinate voting shares on the block for existing holders. That move rattled the high-profile Canadian quantum-computing listing. Shares on Nasdaq changed hands at $14.78, well off Friday’s $36.12 close. The timing of the decline is notable: Xanadu had only recently gone public on both Nasdaq and the Toronto Stock Exchange. Early Canadian investors were looking at outsized paper profits. OMERS-linked entities, named in the prospectus for 40.25 million shares, saw their stake’s value swing from about $1.45 billion at Friday’s close to roughly $595 million based on the most recent Nasdaq price.
May 4, 2026
RELX Stock Is Back in Focus as Buyback, Dividend Date and AI Legal Race Collide
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RELX Stock Is Back in Focus as Buyback, Dividend Date and AI Legal Race Collide

RELX PLC’s American depositary shares ticked up on Monday, even as its main London line sat idle due to a UK bank holiday—pushing the LexisNexis parent into the spotlight during a week shortened by market closures and looming buyback and dividend deadlines. The ADRs showed $36.655 at 15:20 UTC, up $0.305 from Friday’s finish. London’s last quoted bid-ask, as of May 1, was 2,698p/2,701p. RELX ordinary shares hit their ex-dividend date on May 7, with the record date following on May 8. Anyone buying after the ex-dividend date won’t get the declared dividend. For ADRs, both the ex-dividend and record date land on May 8, according to the company calendar.
May 4, 2026
IMI Shares Slip as £500 Million Buyback Puts Q1 Update in Focus
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IMI Shares Slip as £500 Million Buyback Puts Q1 Update in Focus

IMI plc dropped 2.01% to finish at 2,736 pence on May 1, its last session before the UK market holiday. As the FTSE 100 edged down 0.14%, attention stayed on the Birmingham engineer’s £500 million buyback and the first-quarter update lined up for next week. London markets were closed Monday for the Early May Bank Holiday, so IMI’s last active price came from Friday. The London Stock Exchange had flagged May 4 as both a non-trading and non-settlement day, according to its official calendar.
May 4, 2026
Reckitt Benckiser Group plc Hit by Fresh Profit Slump as Dettol Owner’s Margin Test Deepens
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Reckitt Benckiser Group plc Hit by Fresh Profit Slump as Dettol Owner’s Margin Test Deepens

Reckitt Benckiser Group plc’s Bangladesh arm posted a 28.31% plunge in first-quarter profit, piling on more trouble for the Dettol and Durex parent after group-level numbers started 2026 on the back foot. Profit after tax for Reckitt Benckiser Bangladesh came in at Tk10.99 crore, down from Tk15.33 crore, and revenue slipped to Tk132.61 crore versus Tk147.34 crore for the January-March stretch, according to a report. Timing comes into play here—emerging markets have been one of the steadier spots in Reckitt’s performance. In its April update, the UK company reported Core Reckitt like-for-like net revenue up 1.3%. Emerging markets jumped 7.6%. Europe dropped 4.2%, North America down 0.9%. Like-for-like revenue, which leaves out effects from currencies, deals, and sales, gives a
May 4, 2026
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