Today: 25 June 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.

UAE Leaves OPEC: The May 1 Move That Could Rewire Oil Prices and Saudi Influence

UAE Leaves OPEC: The May 1 Move That Could Rewire Oil Prices and Saudi Influence

The United Arab Emirates will exit OPEC and OPEC+ on May 1, ending nearly 60 years of membership, according to the UAE Energy Ministry. The move comes amid a Middle East supply shock, with Brent crude rising to $112.16 a barrel as the Strait of Hormuz remains largely closed. Abu Dhabi plans to gradually increase production after the split. The decision was not coordinated with other countries.
28 April 2026
Fake Heavy-Equipment Websites Put BBB Trust Push to the Test After Buyers Lose $107,600

Fake Heavy-Equipment Websites Put BBB Trust Push to the Test After Buyers Lose $107,600

Three buyers lost $107,600 after wiring funds to Digron Machinery Depot, a Sioux Falls-linked site flagged by the Better Business Bureau for fake heavy-equipment sales. Another scam used the name and address of Milton Brothers Implement in Nebraska, which has no website and is not involved. No financial victims have been identified in the Nebraska case. Authorities in both states have been notified.
28 April 2026
Verizon Just Broke a 13-Year Q1 Subscriber Slump. Here’s What Changed

Verizon Just Broke a 13-Year Q1 Subscriber Slump. Here’s What Changed

Verizon added 55,000 postpaid phone customers in Q1, its first positive March-quarter result since 2013, and raised its 2026 adjusted EPS forecast to $4.95–$4.99. First-quarter revenue rose 2.9% to $34.4 billion, net income increased 3.3% to $5.1 billion, and adjusted EPS climbed 7.6% to $1.28. Shares rose 1.5% premarket. Verizon also reported 341,000 broadband net additions.
28 April 2026
Spotify’s Record Profit Couldn’t Stop the Stock Slide

Spotify’s Record Profit Couldn’t Stop the Stock Slide

Spotify shares dropped 12% in premarket trading Tuesday after the company forecast second-quarter operating income and paying-user growth below analyst estimates. Spotify expects €630 million in Q2 operating income and 299 million Premium subscribers, both missing Wall Street targets. First-quarter operating income hit a record €715 million, boosted by lower payroll taxes tied to share-based compensation. Revenue rose 8% to €4.53 billion.
28 April 2026
Oracle Stock Slides as OpenAI Misses Put $300 Billion AI Deal Under Pressure

Oracle Stock Slides as OpenAI Misses Put $300 Billion AI Deal Under Pressure

Oracle shares fell 7.7% to $159.80 in premarket trading Tuesday after reports OpenAI missed recent user and revenue targets. CoreWeave dropped 7.4%, and SoftBank closed down nearly 10% in Tokyo. Oracle has a $300 billion, five-year contract to supply computing power to OpenAI. Lenders remain cautious, with Oracle expected to need over $100 billion in additional cash funding for 2027 and early 2028.
UPS Earnings Beat Wall Street, But Amazon Pullback Is the Real Test

UPS Earnings Beat Wall Street, But Amazon Pullback Is the Real Test

UPS reported first-quarter revenue of $21.2 billion and adjusted earnings of $1.07 per share, beating analyst estimates. Adjusted profit fell 28% from a year earlier, and shares dropped 3% in premarket trading. Domestic revenue declined 2.3% to $14.13 billion on lower volume, while international revenue rose 3.8% to $4.54 billion. UPS kept its 2026 financial targets and dividend plans unchanged.
Oil Crisis Just Changed Fossil Fuels Forever, IEA Chief Warns as Brent Tops $110

Oil Crisis Just Changed Fossil Fuels Forever, IEA Chief Warns as Brent Tops $110

Brent crude rose to $111.22 a barrel Tuesday as disruption in the Strait of Hormuz continued after stalled U.S.-Iran talks. IEA chief Fatih Birol warned the crisis has permanently damaged trust in fossil fuels and poses major risks to global energy security. Asia’s crude imports are set to fall 22% in April, hitting a 10-year low. The IEA expects global oil demand to contract by 80,000 barrels per day this year.
28 April 2026
US Stock Market Today: Futures Slip as $110 Oil and AI Jitters Test Wall Street’s Record Run

US Stock Market Today: Futures Slip as $110 Oil and AI Jitters Test Wall Street’s Record Run

Nasdaq 100 futures fell 0.7% and S&P 500 futures dropped 0.3% early Tuesday, pressured by rising oil prices and renewed concerns over AI stocks. Brent crude climbed to $111.20 a barrel after U.S. officials rejected Iran’s proposal on its nuclear program. Oracle fell 4.6% pre-market after reports OpenAI missed internal targets. UPS dropped 3% after reporting a 28% profit decline.
US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

The S&P 500 and Nasdaq closed at record highs Monday, while the Dow slipped 62.67 points to 49,168.04. After-hours, major U.S. indexes edged up less than 0.2%. Nvidia jumped 4% to a new high, topping $5 trillion in value, while Domino’s Pizza fell after forecasting weaker 2026 growth. Investors await Big Tech earnings and a Federal Reserve decision this week.
Youxin Technology Stock Jumps After $10.8 Million TikTok Partner Deal: What Is Behind the Move

Youxin Technology Stock Jumps After $10.8 Million TikTok Partner Deal: What Is Behind the Move

Youxin shares jumped 149.62% to $2.32 Monday after the company agreed to buy 18% of YATOP, a TikTok-focused commerce partner, for $10.8 million in stock. The deal, disclosed in a U.S. SEC filing, implies a $60.8 million equity value for YATOP and is expected to close in May 2026. YATOP reported $6.5 million in 2025 revenue and $2 million net profit.
Gold Price Today: The $4,700 Rally Faces Its First Big Fed Test

Gold Price Today: The $4,700 Rally Faces Its First Big Fed Test

Gold dropped below $4,700 an ounce Monday, with spot prices down 0.6% at $4,682.13 and June futures settling at $4,693.70. Uncertainty over the U.S.-Israeli war on Iran and the Fed’s rate outlook weighed on the market. Analysts raised their 2026 gold forecast to a record $4,916, but technical signals pointed to fading momentum. Silver, platinum, and palladium also declined.
28 April 2026
Oruka Therapeutics Stock Surges After Psoriasis Drug Data as Biotech Seeks $500 Million

Oruka Therapeutics Stock Surges After Psoriasis Drug Data as Biotech Seeks $500 Million

Oruka Therapeutics reported its experimental psoriasis drug ORKA-001 achieved complete skin clearance in 63.5% of patients at 16 weeks. Shares jumped 10.5% to $76.39 before the company launched a $500 million public offering. No serious adverse events were reported in the trial. ORKA-001 is being developed as a long-acting injectable, with annual dosing possible.
Why Rambus Stock Fell Even as AI Memory Sales Jumped in Q1

Why Rambus Stock Fell Even as AI Memory Sales Jumped in Q1

Rambus shares fell 10.8% to $141.31 Monday after reporting first-quarter revenue of $180.2 million and net income of $59.9 million. Product revenue rose 15% to $88 million, driven by AI data-center demand. The company forecast higher second-quarter product revenue but said results depend on customer deals. Rambus recently launched a new server memory module aimed at AI systems.
Edesa Biotech Stock Soars 54%: What’s Driving the ARDS Drug Rally Now

Edesa Biotech Stock Soars 54%: What’s Driving the ARDS Drug Rally Now

Edesa Biotech shares surged 53.9% to $11.17 on Nasdaq Monday, with trading volume near 9 million shares. The spike follows renewed focus on February data showing paridiprubart cut 28-day mortality in ARDS patients to 24% from 33%. CEO Par Nijhawan and principal investigator Ted Steiner are set to present at May ATS meetings. Edesa ended last quarter with $12.1 million in cash and a $68.2 million deficit.
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Stock Market Updates

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

25 June 2026
Micron soared 16.34% after hours as customers locked in nearly $100 billion in future supply obligations—about 2.4 times its latest quarterly revenue—fueling a $400 billion surge in chip stocks and reversing the tech selloff that erased over $1 trillion from the Nasdaq 100 this week.
Western Digital falls after AI-storage rally, investors look to Micron

Western Digital falls after AI-storage rally, investors look to Micron

25 June 2026
Western Digital (NASDAQ:WDC) shares dropped about 4% after a multi-week rally fueled by AI storage demand, as investors awaited Micron Technology’s earnings for new signals on enterprise storage spending; analysts cite a persistent hard-disk supply deficit that could support pricing into 2027, with Morgan Stanley raising its price target to $650.
BlackBerry falls with volume outpacing buyback plan ahead of earnings

BlackBerry falls with volume outpacing buyback plan ahead of earnings

25 June 2026
BlackBerry closed down 2.3% at $8.62 despite Stifel initiating coverage with a Buy and $12 target—39% above the close—while trading volume of 38.3 million shares far exceeded its entire buyback authorization, highlighting investor focus ahead of Thursday’s Q1 results and underscoring the limited impact of BlackBerry’s capital return plan.
Opendoor slides after landing in Russell 3000, liquidity and dilution concerns follow

Opendoor edges up before Russell 3000 move, soft housing numbers weigh

25 June 2026
Santos shares closed down 0.96% at A$7.24 after Brent crude slumped US$3.34 to US$73.74, cutting potential annual gross sales from its new Pikka project by about US$50 million at plateau rates; Pikka’s ramp to 80,000 barrels per day is key, as oil price swings now have a direct impact on Santos’ production-linked revenue and its US$2.5 billion net debt reduction target.
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