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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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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


Danantara Merged 7 State-Owned Logistics Firms
Danantara merged seven state-owned logistics firms to build an integrated national logistics ecosystem. The merger aims to cut overlaps, improve efficiency, and lower Indonesia’s logistics costs. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra July 03 2026, at 16:30 GMT+7 Danantara has finalized the merger of seven state-owned logistics firms, completed through the signing of a Shareholders Agreement and Deed of Merger on
Jul 3


TGIF Monthly Wrap: June 2026
Grab to Acquire Superbank, Google signs deal with SpaceX, Spacex to Acquire Cursor, P2SK Law Enables IDX Ownership. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 26, 2026 at 16:30 GMT+7 Grab Logo | Source: Gizmologi.id Grab to Acquire 2.44 Billion Superbank Shares through GXS Bank Grab Holdings has secured majority control of PT Super Bank Indonesia Tbk (SUPA) following Singtel Alpha's divestiture of approximately 2.
Jun 26


SpaceX to Acquire Cursor for US$60 Billion
SpaceX agreed to acquire AI coding startup Cursor in a US$60 billion all-stock transaction. The acquisition expands SpaceX’s AI software business and strengthens its position in enterprise AI tools. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 19 2026, at 16:30 GMT+7 SpaceX announced an agreement to acquire artificial intelligence (AI) coding startup Cursor in a US$60 billion all-stock transaction, marking one of th
Jun 19


Google Signs US$30 Billion Compute Deal with SpaceX
Google signed a US$30 billion deal with SpaceX for AI computing capacity through 2029. The deal secures approximately 110,000 Nvidia GPUs for Google. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 12 2026, at 16:30 GMT+7 Google signed an agreement to purchase artificial intelligence computing capacity from SpaceX in a deal valued at around US$920 million per month. The contract is scheduled to run from October 2026 th
Jun 12


Grab to Acquire 2.44 Billion Superbank Shares through GXS Bank
Grab acquired Singtel's 2.44 billion SUPA shares worth Rp800.4 billion. Grab deepens regional coordination between Superbank and GXS Bank operations. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra June 5 2026, at 16:30 GMT+7 Grab Holdings Limited declared that it will merge PT Super Bank Indonesia Tbk (SUPA) after the transfer of Singtel Alpha Investments' stake in Superbank to GXS Bank, which is Grab's digital banking arm
Jun 5


Canada Signs LNG Deal with Germany's State-Owned SEFE
Canada and Germany signed a landmark 20-year LNG supply deal, diversifying Canadian exports away from the US. The Ksi Lisims project faces mounting legal, environmental, and political opposition despite government backing. By Emirsyah Kevin Mecca, Attala Sabian Andhika, Maria Ella Risandra Puruhita, Nashwah Putri Az-Zahra May 29 2026, at 16:30 GMT+7 Canada has reached a historic energy agreement with Germany, marking the first-ever long-term shipment of liquefied natural gas
May 29
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