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.

Sensex, Nifty Reverse After Rs 10 Lakh Crore Wipeout as Rupee Jumps, Iran Oil Fears Linger

Sensex, Nifty Reverse After Rs 10 Lakh Crore Wipeout as Rupee Jumps, Iran Oil Fears Linger

Indian shares swung back from a sharp opening selloff on Thursday to finish slightly higher after Reserve Bank of India action triggered the rupee’s biggest one-day jump since 2013, softening a market shock set off by fresh U.S. threats against Iran. The Sensex rose 0.25% to 73,319.55 and the Nifty 50 gained 0.15% to 22,713.10 after both fell more than 2% intraday, though both still logged a sixth straight weekly decline in the holiday-shortened week.
Exxon Stock Sinks 5%, Wiping Out $36 Billion as Oil Slide Jolts Energy Shares

Exxon Stock Sinks 5%, Wiping Out $36 Billion as Oil Slide Jolts Energy Shares

Exxon Mobil dropped 5.2% to finish at $160.78, dragging U.S. energy shares lower as oil declined on hopes the U.S. might soon deescalate with Iran. The slide wiped out roughly $36 billion in Exxon's market value—its worst single-day loss since 2008, according to Dow Jones Market Data cited by the Wall Street Journal. Chevron slipped 4.6%, while ConocoPhillips ended down 2.7%.
Ondas Inc. Closes World View Acquisition, Adds High-Altitude Surveillance as Stock Rises

Ondas Inc. Closes World View Acquisition, Adds High-Altitude Surveillance as Stock Rises

Ondas Inc. announced Wednesday it wrapped up its purchase of World View Enterprises, bringing high-altitude surveillance tech into its defense and autonomous systems lineup. The stock added roughly 2% early in the session. According to an SEC filing, the acquisition involved up to 12,775,219 Ondas shares issued, along with about $7.3 million in cash to settle outstanding obligations.
Grab Holdings Limited Launches Singapore Driverless Rides With WeRide as Margin Pressure Builds

Grab Holdings Limited Launches Singapore Driverless Rides With WeRide as Margin Pressure Builds

Grab Holdings Limited rolled out Singapore’s first autonomous public ride service in a residential area Wednesday, deploying a handful of shuttles in Punggol alongside Chinese self-driving tech firm WeRide. The company reported that over 1,000 early riders have tried out the fleet, which has now covered more than 30,000 km. Alejandro Osorio, Grab’s Singapore managing director, said the initiative aims to blend autonomous transport into everyday commutes and prepare driver-partners for shifting job roles.
American Airlines Wins Key Australia Nod for Qantas Alliance as Fuel Costs Rise

American Airlines Wins Key Australia Nod for Qantas Alliance as Fuel Costs Rise

American Airlines Group Inc. secured interim approval from Australian regulators on Wednesday to maintain its trans-Pacific partnership with Qantas. The decision lets the airline continue selling and coordinating flights between the two countries while the Australian Competition and Consumer Commission weighs a five-year renewal. A final ruling is due in June, the regulator said.
Micron Technology Debt Buyback Nears $4.5 Billion as AI Chip Expansion Costs Climb

Micron Technology Debt Buyback Nears $4.5 Billion as AI Chip Expansion Costs Climb

Micron Technology on Wednesday reported that investors tendered roughly $4.32 billion across six series of outstanding senior notes before the cash buyback deadline. The company said it plans to accept all validly tendered bonds. That figure could climb to about $4.46 billion—around 82.5% of the $5.4 billion buyback target—if additional notes sent via guaranteed-delivery get counted.
Haverhill Eyes Crypto ATM Ban, 60-Day Removal Order as Fraud Scrutiny Grows

Haverhill Eyes Crypto ATM Ban, 60-Day Removal Order as Fraud Scrutiny Grows

Officials in Haverhill, Massachusetts, are considering a cryptocurrency ATM ban that could require operators to pull their machines within 60 days or face $300 daily fines. The measure, backed by Mayor Melinda E. Barrett, passed its first hurdle with an 11-0 council vote on March 17. After the mandatory 10-day waiting period, it appeared on the agenda for Tuesday night’s meeting.
1 April 2026
Oil Prices Today: Brent, WTI Swing Around $100 as Iran War End Hopes Meet Supply Fears

Oil Prices Today: Brent, WTI Swing Around $100 as Iran War End Hopes Meet Supply Fears

Oil prices bounced around the $100 mark Wednesday after President Donald Trump suggested the U.S.-Israeli offensive against Iran might wrap up in a matter of weeks. Hopes for a quick resolution faded, however, as traders reconsidered their bets with Gulf supply disruptions and shipping issues still unsettled. Brent crude for June delivery slipped 1% to $102.91 a barrel as of 1106 GMT, having earlier dropped to $98.35. U.S. crude, or WTI, lost 1.4%, trading at $99.94 after dipping to $96.50. Both benchmarks are still up roughly 60% from where they started when fighting broke out on Feb. 28.
1 April 2026
Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap Inc. shares surged Tuesday, climbing around 14% to $4.60, after Irenic Capital Management disclosed a roughly 2.5% economic stake—via shares and derivatives—in the social-media company’s Class A stock. The activist fund pressed CEO Evan Spiegel to rein in spending, refine Snap’s approach to artificial intelligence, and reconsider the Specs smart-glasses division.
Dow Jumps 1,100 Points on Iran Exit Hopes, but Wall Street Still Closes Its Worst Quarter Since 2022

Dow Jumps 1,100 Points on Iran Exit Hopes, but Wall Street Still Closes Its Worst Quarter Since 2022

U.S. stock futures edged higher early Wednesday, coming off Wall Street’s strongest single-day rally in almost a year. Investors latched onto President Donald Trump’s comment that the U.S. might be able to wind down the Iran war in two to three weeks. Dow and S&P 500 futures climbed about 0.5%, while Nasdaq 100 futures were up around 0.7%, according to Reuters.
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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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