Today: 15 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Coinbase Layoffs: Brian Armstrong Cuts 700 Jobs As AI Reshapes Crypto Exchange

Coinbase Layoffs: Brian Armstrong Cuts 700 Jobs As AI Reshapes Crypto Exchange

Coinbase Global plans to eliminate around 700 positions—about 14% of its global staff—as part of a restructuring aimed at slashing costs and shifting the crypto exchange toward an AI-centric model. According to a regulatory filing, the layoffs are calculated using workforce figures from May 1, with most of the cuts expected to wrap up during the second quarter.
5 May 2026
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IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN Stock Jumps After Sweetwater Power Milestone Puts Its AI Data Center Bet Back In Focus

IREN shares jumped on Monday after the company flipped the switch on its 1.4-gigawatt Sweetwater 1 data center in Texas, pushing a major chunk of its AI infrastructure project from the construction phase to the grid. According to the company, they’ve now tied the site’s high-voltage substation into ERCOT, Texas’s grid operator. Sweetwater 1 is part of IREN’s larger 2-gigawatt campus in the area.
5 May 2026
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CRWV Stock Jumps Before Earnings: Why Meta’s $21 Billion AI Deal Has Wall Street Watching

CRWV Stock Jumps Before Earnings: Why Meta’s $21 Billion AI Deal Has Wall Street Watching

CoreWeave shares pushed higher in early U.S. trading Tuesday, recapturing market focus just before the AI cloud firm’s May 7 earnings. Investors zeroed in on an expanded contract backlog, now shored up by Meta Platforms. After sliding alongside other AI infrastructure names on worries over spending from major clients, CRWV was back in view.
5 May 2026
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Pfizer Earnings Beat Wall Street, But The Patent Cliff Is Still The Story

Pfizer Earnings Beat Wall Street, But The Patent Cliff Is Still The Story

Pfizer turned in a first-quarter profit that beat forecasts on Tuesday, thanks in large part to solid demand for established drugs like the blood thinner Eliquis and cancer therapy Padcev, cushioning the impact of another steep fall in sales of its COVID offerings. Adjusted earnings landed at 75 cents per share, with revenue reaching $14.45 billion—both topping Wall Street’s consensus for 72 cents per share and $13.79 billion in revenue, according to Reuters.
5 May 2026
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US Stock Market Today: Dow, S&P 500 and Nasdaq Futures Rise as Oil Pullback Gives Wall Street a Narrow Opening

US Stock Market Today: Dow, S&P 500 and Nasdaq Futures Rise as Oil Pullback Gives Wall Street a Narrow Opening

Tuesday morning saw U.S. stock index futures ticking higher, with oil prices dropping back slightly after Middle East jitters dragged the S&P 500 off its highs the previous day. By 5:35 a.m. ET, Dow e-minis had added 124 points, or 0.25%. S&P 500 e-minis were 0.33% higher, while Nasdaq 100 e-minis picked up 0.58%. Brent crude slipped but remained above the $110 mark.
5 May 2026
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Powell Industries’ $400 Million Data Center Order Puts Its AI Power Boom to the Test

Powell Industries’ $400 Million Data Center Order Puts Its AI Power Boom to the Test

Powell Industries Inc. reported Monday that new orders for its fiscal second quarter surged 97% to $490 million, while backlog climbed to $1.8 billion. That gives the Houston-based electrical-equipment maker a clearer revenue pipeline, even as quarterly profit declined. After the quarter wrapped, Powell landed a data center order topping $400 million.
5 May 2026
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Sterling Infrastructure Stock Jumps as Data-Center Work Drives Q1 Beat, 2026 Outlook Raise

Sterling Infrastructure Stock Jumps as Data-Center Work Drives Q1 Beat, 2026 Outlook Raise

Sterling Infrastructure shares surged roughly 19% in late Monday trading, after the company topped first-quarter profit forecasts and boosted its full-year guidance—fueled in part by strong demand from the data center and semiconductor sectors. The stock last traded at $631.05 as of 5:42 p.m. ET, up sharply from a $529.49 close, according to MarketBeat.
5 May 2026
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XCF Global’s Reno Restart Test: June SAF Launch Carries a $120 Million Revenue Goal

XCF Global’s Reno Restart Test: June SAF Launch Carries a $120 Million Revenue Goal

XCF Global on Monday said it’s planning to bring its New Rise Renewables Reno plant back online in June, outlining ambitious 2027 goals that would shift the Nasdaq-listed SAF producer from initial ramp-up into true commercial territory. Management is targeting net revenue between $110 million and $120 million and sees renewable fuel output ranging from 40 million to 43 million gallons for the year ending Dec. 31, 2027.
4 May 2026
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Stock Market Today

  • Crypto Startup Opens Pre-IPO Trading on CXMT, Big Chinese Chipmaker
    July 14, 2026, 10:50 PM EDT. A crypto startup now lets investors bet on Chinese chipmaker CXMT ahead of its IPO. The move lets traders speculate early on one of Asia's most anticipated tech listings. CXMT's IPO is expected to draw big demand. The platform taps into the rise of crossovers between crypto and equity markets, giving users more ways to trade. Investors can bet on CXMT's debut trading price before shares hit the market, treating it as a new type of derivative play.
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