{"id":72062,"date":"2026-09-21T14:38:17","date_gmt":"2026-09-21T18:38:17","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/"},"modified":"2026-09-21T14:38:17","modified_gmt":"2026-09-21T18:38:17","slug":"global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/","title":{"rendered":"Global Markets React to SB Energy IPO Delay and Crude Oil Slump"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/#SoftBanks_SB_Energy_IPO_Stalls_Amid_Valuation_Skepticism\" >SoftBank\u2019s SB Energy IPO Stalls Amid Valuation Skepticism<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/#Energy_Markets_Retreat_as_Oil_Settle_Below_96\" >Energy Markets Retreat as Oil Settle Below $96<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/#US-China_Relations_Pivot_Toward_AI_Cooperation\" >US-China Relations Pivot Toward AI Cooperation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/#White_House_Unveils_New_Granite_Heliport\" >White House Unveils New Granite Heliport<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-sb-energy-ipo-delay-and-crude-oil-slump\/72062\/#Federal_Reserve_Warns_of_Sophisticated_Phishing_Scams\" >Federal Reserve Warns of Sophisticated Phishing Scams<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>SoftBank Group (<a href=\"\/stock\/9984\">9984.T<\/a>)<\/strong> unit <strong>SB Energy<\/strong> has officially delayed its highly anticipated <strong>$50 billion IPO<\/strong> due to valuation concerns and the postponed public debut of its key partner, <strong>OpenAI<\/strong>.<\/li>\n<li><strong>US <a href=\"https:\/\/stockmarketwatch.com\/energy\/crude-oil\" data-internallinksmanager029f6b8e52c=\"12\" title=\"Crude oil\">Crude Oil<\/a> Futures (<a href=\"\/stock\/CL\">CL<\/a>)<\/strong> plunged <strong>4.51%<\/strong> to settle at <strong>$95.78 per barrel<\/strong>, driven by a surge in Saudi Arabian exports and easing geopolitical risk premiums.<\/li>\n<li><strong>US and Chinese officials<\/strong> successfully concluded eight hours of negotiations in New York, establishing a formal <strong>bilateral AI dialogue<\/strong> and a notification mechanism for national security incidents.<\/li>\n<li><strong>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>)<\/strong> subsidiary <strong>Sikorsky<\/strong> completed a new granite heliport at the White House, a project the government reportedly sought for 25 years to protect the South Lawn from powerful new <strong>Marine One<\/strong> engines.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"SoftBanks_SB_Energy_IPO_Stalls_Amid_Valuation_Skepticism\"><\/span>SoftBank\u2019s SB Energy IPO Stalls Amid Valuation Skepticism<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>SB Energy<\/strong>, the US-based data center and renewable energy arm of <strong>SoftBank Group (<a href=\"\/stock\/9984\">9984.T<\/a>)<\/strong>, has hit a roadblock in its quest for a public listing. The company had targeted a valuation of approximately <strong>$50 billion<\/strong>, aiming to raise between <strong>$5 billion and $7 billion<\/strong>. However, sources indicate that the IPO has been delayed as investors question the firm&#39;s profitability and its heavy reliance on <strong>OpenAI<\/strong> as a primary tenant.<\/p>\n<p>The delay is compounded by <strong>OpenAI&#39;s<\/strong> decision to postpone its own public offering until at least 2027. <strong>SB Energy<\/strong> reported an operating loss of <strong>$551.6 million<\/strong> in the first half of 2026 on revenue of just <strong>$138.7 million<\/strong>. While the company boasts a <strong>$439 billion contract backlog<\/strong>, much of that revenue is not expected to be realized until 2034, leading to significant capital intensity concerns among institutional investors.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Energy_Markets_Retreat_as_Oil_Settle_Below_96\"><\/span>Energy Markets Retreat as Oil Settle Below $96<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>US Crude Oil Futures (<a href=\"\/stock\/CL\">CL<\/a>)<\/strong> saw a sharp correction on Monday, dropping <strong>$4.52<\/strong> to settle at <strong>$95.78 per barrel<\/strong>. The <strong>4.51%<\/strong> decline marks a significant shift from recent highs, as market participants reacted to data showing a recovery in global supply. Despite ongoing regional tensions, <strong>Saudi Aramco<\/strong> reportedly increased exports to over <strong>4 million barrels per day<\/strong> in September, up from a multi-year low in August.<\/p>\n<p>Traders are also pricing in a reduction in the geopolitical risk premium following reports of mediated talks in the Middle East. The broader energy complex followed crude lower, with <strong>RBOB Gasoline<\/strong> and heating oil also seeing price pullbacks. Analysts suggest that the market is shifting its focus from supply disruptions to the sustainability of global demand as central banks maintain a restrictive monetary stance.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"US-China_Relations_Pivot_Toward_AI_Cooperation\"><\/span>US-China Relations Pivot Toward AI Cooperation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a landmark meeting at <strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> headquarters, US Treasury Secretary <strong>Scott Bessent<\/strong> and Chinese Vice Premier <strong>He Lifeng<\/strong> reached an agreement to establish a permanent <strong>US-China AI dialogue<\/strong>. The talks, which lasted eight hours, were described as &quot;very successful&quot; and aimed at creating a common understanding of the risks associated with advanced artificial intelligence.<\/p>\n<p>A key outcome of the session was the proposal of a <strong>notification mechanism<\/strong> for AI-related incidents that could impact national security. This diplomatic progress comes just days before a scheduled summit between President <strong>Donald Trump<\/strong> and President <strong>Xi Jinping<\/strong> in Washington. Both sides also moved to operationalize a bilateral <strong>Board of Trade<\/strong> to address persistent disputes over tariffs and investment barriers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"White_House_Unveils_New_Granite_Heliport\"><\/span>White House Unveils New Granite Heliport<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>President <strong>Donald Trump<\/strong> announced the completion of a new, state-of-the-art heliport on the White House South Lawn, praising <strong>Clark Construction<\/strong> and <strong>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>)<\/strong> for the project&#39;s execution. The landing zone, constructed of carved black and white granite, was designed to withstand the intense heat and downward exhaust of the new <strong>Sikorsky VH-92A Patriot<\/strong> helicopter fleet.<\/p>\n<p>The project was reportedly funded by <strong>Sikorsky<\/strong>, a <strong>Lockheed Martin (<a href=\"\/stock\/LMT\">LMT<\/a>)<\/strong> subsidiary, as a &quot;Gift to America&quot; after the new aircraft were found to be damaging the historic turf. The President noted that the facility includes reinforced underground infrastructure and security features intended to serve the executive branch for decades.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Federal_Reserve_Warns_of_Sophisticated_Phishing_Scams\"><\/span>Federal Reserve Warns of Sophisticated Phishing Scams<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Federal Reserve<\/strong> issued an urgent alert on Monday regarding a surge in fraudulent text messages and emails targeting consumers. The scams typically claim &quot;suspicious activity&quot; or a &quot;frozen account&quot; and prompt users to click a link to verify their identity. The central bank clarified that it does not maintain personal bank accounts for the public and will never send security alerts directly to consumers.<\/p>\n<p>Financial institutions reported that account takeover fraud losses hit <strong>$15.6 billion<\/strong> in the US over the past year. The <strong>FBI<\/strong> and the <strong>Internet Crime Complaint Center (IC3)<\/strong> are urging anyone who receives these messages to report them immediately and avoid clicking any embedded links, which are designed to harvest banking credentials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways SoftBank Group (9984.T) unit SB Energy has officially delayed its highly anticipated $50 billion IPO due to valuation 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