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Thank God Investing is Fun (#TGIF) is a weekly article discussing relevant capital market events to educate and keep our audience up to date with capital market happenings. #TGIF is available on our website and socials every Friday at 5 pm.
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TGIF Monthly Wrap: September 2026
Grab to Acquire Superbank, Qualcomm and Amazon Announce AI Chip Deal, Spacex to Acquire Cursor, P2SK Law Enables IDX Ownership. By Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra September 25 2026, at 16:30 GMT+7 PT VKTR Teknologi Mobilitas Tbk (VKTR), together with Danantara Indonesia through PT Danantara Investment Management (DIM) and PT Bakrie & Brothers Tbk (BNBR), signed an Indicative Term Sheet. | Source: tvonenews VKTR to Receive Rp2 Trilli
2 days ago


Suahasil Replaces Purbaya as Indonesia's Minister of Finance
Suahasil Nazara replaces Purbaya as Finance Minister. Fiscal stability remains key, ahead of the 2027 budget. By Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra September 18 2026, at 16:30 GMT+7 Indonesia's cabinet reshuffle on Monday (14/09) saw Suahasil Nazara formally installed as the Minister of Finance, stepping into the role vacated by Purbaya Yudhi Sadewa. Read more: Qualcomm and Amazon Secure Major AI Chip Partnership The transition was fo
Sep 18


Qualcomm and Amazon Secure Major AI Chip Partnership
Amazon commits up to US$60 billion to Qualcomm’s AI products. Qualcomm targets US$15 billion in data-center revenue by 2029. By Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra September 11 2026, at 16:30 GMT+7 Qualcomm and Amazon announced a multi-generational collaboration to develop custom silicon for large-scale AI data centers, initially targeting AI inference workloads. The initiative will leverage Qualcomm’s data-center platform, including i
Sep 11


VKTR to Receive Rp2 Trillion Funding From Danantara
Danantara may fund VKTR up to Rp2tn to support EV bus/truck procurement and expansion. BMI raised its VKTR stake to 21.06%, strengthening BNBR’s control. By Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra September 04 2026, at 16:30 GMT+7 PT VKTR Teknologi Mobilitas Tbk (VKTR) could receive up to Rp2 trillion in funding from PT Danantara Investment Management (DIM). According to VKTR director Indah Permatasari Saugi, the company signed an indicati
Sep 4


TGIF Monthly Wrap: August 2026
Polymarket Targets US$20B Valuation, Danantara Targets IDX Stake, SK Hynix Announces US$28.6B Buyback, EMAS Acquires Chinese Gold Equipment By Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra August 28th, 2026 at 16:30 GMT+7 Polymarket Logo | Source: Blockchaincapital Polymarket Targets US$20 Billion Valuation in New Funding Round Polymarket is in early-stage discussions to raise approximately US$1 billion, valuing the company above US$20 billion, i
Aug 28


SK Hynix Announces US$28.6 Billion Share Buyback
SK Hynix announced a ₩40 trillion buyback and cancellation, equal to 3.3% of outstanding shares. Shareholder returns were raised beyond 50% of cumulative free cash flow for 2025–2027. By Akhmad Aufarafi Arraya, Keisha Tazara Mecca Suparman, Rakha Mahira Aqsha Darsono, Zeala Zeta Hadara August 14, 2026 at 16:30 GMT+7 SK Hynix’s Board of Directors approved a resolution on Wednesday (8/19) to repurchase and fully cancel treasury shares worth ₩40 trillion, or approximately US$2
Aug 21


Danantara Set to Acquire IDX Stake After Demutualization
Danantara plans to acquire a stake in IDX through DIM following its demutualization. The stake is aimed at strengthening market governance and supporting capital-market development. By Humayra Fayyaza Fakhrurazi, Danurwenda Reksohadiprodjo, Faradilla Kiara Putri, Nickolaus Ardian Giripati August 14, 2026 at 16:30 GMT+7 Danantara Indonesia is set to acquire a stake in the Indonesia Stock Exchange (IDX) following its planned demutualization, positioning the sovereign investm
Aug 14


Polymarket Targets US$20 Billion Valuation in New Funding Round
Polymarket targets a valuation of over US$20 billion as growth boosts investor confidence. Growing competition and ongoing CFTC scrutiny present key challenges to Polymarket's future growth and market position. By Muhammad Alvan Haleef, Sonia Tiara Danuhardja, Felicia Rahel Siahaan, Jeremy Chrisnael Dharmawan August 7, 2026 at 16:30 GMT+7 Polymarket is in early-stage discussions to raise approximately US$1 billion in a new funding round that could value the company at more
Aug 7


TGIF Monthly Wrap: July 2026
Danantara Merges 7 Logistics Firms, Apple Invests US$30 B in Broadcom, S&P Affirms Indonesia’s Rating, Microsoft Expands Mistral AI Deal, Perry Warjiyo Resigns as BI Governor By Amirah Najwa Ardanti, Ghina Olivia Arifardhani, Jonathan Arie Pramoedya, Matthew Moreno Katoroy July 31st, 2026 at 16:30 GMT+7 Signing of Shareholder Agreement and Deed of Merger | Source: Kompas Danantara Merged 7 State-Owned Logistics Firms Danantara has finalized the merger of seven state-owned lo
Jul 31


Microsoft Signs Multibillion-Dollar Deal to Expand Mistral's AI Infrastructure.
Microsoft and Mistral expanded their strategic partnership to strengthen AI infrastructure across Europe. The partnership broadens enterprise AI deployment through Microsoft's ecosystem and accelerates global AI adoption. By Emir Hassandi Suseno, Rahmadyan Adhi Noegroho, Putri Kynaira Resha Ahimsa July 24, 2026 at 16:30 GMT+7 Microsoft and Mistral announced a major expansion of the strategic partnership through a multibillion-dollar agreement focused on expanding AI infrastr
Jul 24


S&P Global Maintains Indonesia Investment Grade Rating
S&P affirmed Indonesia's BBB rating, pinning the slowdown on temporary external factors. Recovery depends on commodity prices, spending efficiency, and maintaining the 3% deficit ceiling. By Aathirra Noortyanisa Noersamjah, Keisha Auryn Rasindrea Gantari, Mochamad Gibran Ramadhan, Haidar Zeeka Fachrezi July 17, 2026 at 16:30 GMT+7 S&P Global Ratings affirmed Indonesia’s long-term sovereign credit rating at BBB with a stable outlook and its short-term sovereign credit rating
Jul 17


Apple to Invest US$30 Billion in Broadcom Chips
The US$30 billion agreement delivers 15 billion US-made chips by funding a US$1.5 billion upgrade to Broadcom's Colorado manufacturing facility. Securing custom silicon through 2031 protects Broadcom's largest revenue source and boosted both companies' stocks upon announcement. By Benjamin Benneth Arfianto, Gabriel Valerian Abednego, Miracle Golda Koleangan, Sophia Christine Santoso July 10, 2026 at 16:30 GMT+7 Apple and Broadcom announced a multiyear agreement on Wednesday
Jul 10
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