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TSX:2502 4 October 2025 - 12 January 2026

Diageo shares rise as Kenya court keeps $2.3bn Asahi deal moving

Diageo shares rise as Kenya court keeps $2.3bn Asahi deal moving

Diageo shares rose about 1.4% in early London trading after a Kenyan court allowed regulatory reviews to proceed on its planned $2.3 billion sale of East African Breweries to Asahi. The court paused the deal’s final steps until Jan. 20. The case stems from a challenge by Bia Tosha Distributors. Diageo will report interim results on Feb. 25.
12 January 2026
Diageo Shares Jump on $2.3bn Asahi Deal: What Today’s Kenya Exit Means for a Turnaround, Dividends and the £16 “Value” Debate

Diageo Shares Jump on $2.3bn Asahi Deal: What Today’s Kenya Exit Means for a Turnaround, Dividends and the £16 “Value” Debate

Diageo agreed to sell its 65% stake in East African Breweries to Asahi for $2.3 billion, with the deal expected to close in the second half of 2026 pending approvals. The transaction will reduce Diageo’s leverage by about 0.25x. Diageo shares rose 2.3% after the announcement. The company will retain brand presence in East Africa through long-term licensing agreements.
Diageo Shares Jump After $2.3bn Asahi Deal: Guinness Owner Sells East African Breweries Stake as Turnaround Debate Intensifies

Diageo Shares Jump After $2.3bn Asahi Deal: Guinness Owner Sells East African Breweries Stake as Turnaround Debate Intensifies

Diageo agreed to sell its 65% stake in East African Breweries to Asahi Group for about $2.3 billion, with completion expected in the second half of 2026. The deal values EABL at $4.8 billion. Diageo shares rose to around 1,720p in London after the announcement but remain far below their 2022 peak of over 4,000p. Diageo will keep a regional presence through licensing agreements.
Tech Turmoil: AI Mega-Deals, Big Tech Battles & Space Surprises Rock October 2025

Tech Turmoil: AI Mega-Deals, Big Tech Battles & Space Surprises Rock October 2025

OpenAI signed a multi-year deal to buy hundreds of thousands of AI chips from AMD, sending AMD shares up 34% in one day. The agreement could generate over $100 billion for AMD and gives OpenAI an option for a 10% stake. An AMD executive called the partnership “transformative” for the industry.
AI Breakthroughs, Cyber Attacks & a $50B Gaming Shock – Tech News Roundup (Oct 4-5, 2025)

AI Breakthroughs, Cyber Attacks & a $50B Gaming Shock – Tech News Roundup (Oct 4-5, 2025)

OpenAI’s Sora 2 generative video app reached 56,000 downloads on its first day, topping Apple’s U.S. App Store. Electronic Arts is in advanced talks for a $50 billion buyout to go private. Japan’s Asahi Breweries halted production after a cyberattack, while WestJet confirmed a data breach exposing thousands of passport scans. OpenAI’s valuation hit $500 billion after a $6.6 billion secondary share sale.
AI Bubble Alarms, Pixel 10 Launch & Beer Shortages: Tech News Roundup (Oct 3–4, 2025)

AI Bubble Alarms, Pixel 10 Launch & Beer Shortages: Tech News Roundup (Oct 3–4, 2025)

Amazon’s Jeff Bezos warned of an “industrial bubble” in AI investment, echoing concerns from OpenAI’s Sam Altman about coming “booms and busts.” Google launched its Pixel 10 lineup and Pixel Watch 4 with upgraded chips and AI features. A ransomware attack halted Asahi Breweries’ beer production in Japan for five days. OpenAI’s valuation hit $500 billion after employee stock sales, surpassing SpaceX and ByteDance.

Stock Market Today

  • Tracker Funds Outperform Active Managers with Lower Costs, High Diversification
    June 29, 2026, 2:19 AM EDT. Tracker funds, also known as passive funds, have outperformed actively managed funds consistently over the past decade, according to AJ Bell's report. These funds mirror market indices like the FTSE 100 or S&P 500, offering diversification by investing across all companies in the index. Unlike active funds, which require fund managers to pick stocks, trackers reduce costs by eliminating management fees. Only 29% of active managers outperformed trackers in 2025. The approach, championed by Vanguard founder Jack Bogle, is summarized as "buy the haystack, not the needle." Trackers typically weight holdings by market capitalization, and come in structures such as exchange-traded funds (ETFs) or open-ended investment companies (OEICs), making them a favored choice for new and cost-conscious investors.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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