Today: 16 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.

XRP Price Slides Toward $1.30 as Risk-Off Selloff Overshadows Ripple Treasury Launch

XRP Price Slides Toward $1.30 as Risk-Off Selloff Overshadows Ripple Treasury Launch

XRP slid roughly 4% to trade near $1.30 on Thursday, losing ground after a brief bounce in the prior session. The drop tracked a broader crypto selloff sparked by renewed Iran-war concerns, which overshadowed fresh business moves from Ripple. Prices from CoinMarketCap, Kraken, and Coinbase all put XRP close to $1.30, marking a 4% decline over the past 24 hours. Barron’s noted XRP gave back Wednesday’s gains as well.
2 April 2026
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Dow Jones, S&P 500, Nasdaq Sink as Trump’s Iran Speech Sends Oil Higher Again

Dow Jones, S&P 500, Nasdaq Sink as Trump’s Iran Speech Sends Oil Higher Again

Stocks slipped sharply Thursday morning after President Donald Trump’s prime-time address on Iran ramped up military rhetoric, leaving investors without a clear exit path. The Dow Jones Industrial Average dropped 565 points; S&P 500 slid 1.21%, while the Nasdaq Composite shed 1.68%. Oil prices took off—Brent crude jumped 7.9% to $109.12, and West Texas Intermediate surged 12.5% to $112.60 a barrel.
2 April 2026
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Snap Inc Faces Fresh Pressure as Activist Irenic Pushes AI Pivot, Cost Cuts and a Specs Rethink

Snap Inc Faces Fresh Pressure as Activist Irenic Pushes AI Pivot, Cost Cuts and a Specs Rethink

Snap’s stock is back in the spotlight. Activist investor Irenic Capital Management revealed a 2.5% economic stake in the company’s Class A shares, pressing executives to slash expenses, ramp up share repurchases, and put artificial intelligence to work in boosting ad performance. Snap shares sat near $4.73 Thursday morning, having soared over 12% on Tuesday as word of Irenic’s push surfaced.
2 April 2026
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OpenAI Opens Door to Retail Investors as $852 Billion Valuation Raises IPO Stakes

OpenAI Opens Door to Retail Investors as $852 Billion Valuation Raises IPO Stakes

OpenAI is making its stock available to a broader base before a possible IPO, announcing this week that shares will now be part of several ARK Invest-run ETFs, following the close of a $122 billion funding round that set its valuation at $852 billion. The company behind ChatGPT also disclosed it has, for the first time, collected over $3 billion from individual investors via banks.
2 April 2026
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Stock Market Today

  • ATS Corp (TSX:ATS) stands out as top Canadian pick with big backlog, margin upside
    July 16, 2026, 12:14 AM EDT. ATS Corp (TSX:ATS), the automation player out of Cambridge, lands as a high-conviction Canadian stock pick on account of its $2 billion order backlog and a fresh focus on higher-margin work. Management, CEO Doug Wright and CFO Anne Cybulski, said ATS has been steering away from low-margin auto business, instead zeroing in on energy, life sciences and transport. That shift saw $50 million in low-profit sales cut and a $28.3 million charge tied to shutting legacy projects. Energy, led by nuclear, pushed backlog up 40% from last year. Life sciences now makes up 55% of the backlog. ATS also rolled out its Flex Line pharma platform, aimed at quicker drug launches. Margins are expected to improve as much as 75 bps by fiscal 2027 even with recent GLP-1 order softness, setting up for longer-term growth.
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