Jerzy Lewandowski

Jerzy Lewandowski

Jerzy Lewandowski is a senior markets editor at TS2.tech. His coverage ranges from stocks and semiconductors to AI and the broader global markets. He studied economics at the University of Warsaw and worked in investment analysis before becoming a financial journalist. Follow Jerzy Lewandowski on Google News.

Freedom Fuel pushed by Trump reports 50% sales hike as $3.47 gas promise looks shaky

Freedom Fuel pushed by Trump reports 50% sales hike as $3.47 gas promise looks shaky

Freedom Fuel Network says gasoline volumes have climbed more than 50%, but that may be hurting its margins. Calculated using Pennsylvania's July 9 wholesale cost and the launch rack-to-break-even spread, the original $3.47 pump price now puts the fuel-only loss at about 31 cents per gallon. A typical station that started at the 68,000-gallon monthly average Tom Kloza mentioned and kept up with that volume increase would show a modeled shortfall of about $31,600 a month, not including fees, payroll, utilities or rent. The White House has said there is no subsidy on the price from the government or anyone else.
12 July 2026
China’s Reusable Rocket Lifts Two Satellite Stocks by $3.3 Billion Ahead of Next Launch

China’s Reusable Rocket Lifts Two Satellite Stocks by $3.3 Billion Ahead of Next Launch

Shares of China Spacesat and China Satellite Communications surged to their 10% daily trading limits on Friday after China completed its first controlled recovery of an orbital-class rocket first stage. Closing data shows the rally added about 22.3 billion yuan to both companies’ combined market capitalization in one day. The actual rocket was developed by the China Academy of Launch Vehicle Technology, part of state-owned CASC, not by the two listed companies.
Apple (NASDAQ:AAPL) Stock Sits 0.8% Below Wall Street’s Average Target — Then Came the OpenAI Lawsuit

Apple (NASDAQ:AAPL) Stock Sits 0.8% Below Wall Street’s Average Target — Then Came the OpenAI Lawsuit

Apple sued OpenAI and two former employees on Friday, alleging a coordinated effort to take trade secrets and speed the ChatGPT maker’s push into consumer hardware. The report crossed after the regular U.S. close, shifting the AI contest from software integration to control of the next consumer device. “Apple sees OpenAI moving from partner to potential rival,” PP Foresight analyst Paolo Pescatore said; OpenAI did not immediately respond.
Nuvve Stock Jumps 69% as Post-Split Shares Turn Over 29 Times, but Nasdaq Risk Remains

Nuvve Stock Jumps 69% as Post-Split Shares Turn Over 29 Times, but Nasdaq Risk Remains

Nuvve Holding Corp. shares jumped 68.6% to $14.80 in early-afternoon trading on Friday, after reaching $20.60, as 15.24 million shares changed hands. Volume was 29.1 times the roughly 524,652 shares Nuvve said would remain after its 1-for-18 reverse split. The same share can trade repeatedly, but the ratio shows unusually fast churn; the stock was already 28% below its session high.
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