Today: 3 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.

Carvana stock sinks nearly 20% after Gotham short-seller report; Wall Street eyes earnings next

Carvana stock sinks nearly 20% after Gotham short-seller report; Wall Street eyes earnings next

New York, January 28, 2026, 14:23 — Regular session Shares of Carvana Co plunged roughly 19.5% to $384.57 Wednesday afternoon after short seller Gotham City Research released a report accusing the company of accounting irregularities and undisclosed related-party deals. The stock had closed Tuesday at $477.72 and fluctuated between $375.13 and $482.31 during the session. Carvana did not immediately respond to requests for comment.
28 January 2026
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XRP price edges toward $2 after Ripple Treasury launch as traders await Fed

XRP price edges toward $2 after Ripple Treasury launch as traders await Fed

New York, January 28, 2026, 13:51 ET — Regular session XRP gained roughly 1% to trade around $1.91 on Wednesday, staying close to the $2 mark following the launch of a corporate treasury platform by Ripple’s GTreasury unit. The move comes ahead of a U.S. Federal Reserve decision scheduled for later in the day. Earlier, the token hit a high of $1.94 before slipping back to $1.89.
28 January 2026
Silver price near $114 as Fed decision looms; SLV ETF climbs and Citi flags $150 target

Silver price near $114 as Fed decision looms; SLV ETF climbs and Citi flags $150 target

New York, January 28, 2026, 13:41 — Regular session Spot silver, for immediate delivery, climbed 1% to $114.13 an ounce on Wednesday, staying close to Monday’s record high of $117.69 as investors awaited the Federal Reserve’s rate decision. The iShares Silver Trust, a silver-backed ETF that trades like a stock, added roughly 1.1%. “The rally in the precious metals has kind of taken on a life of their own,” said Peter Grant, senior metals strategist at Zaner Metals.
28 January 2026
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Gold price breaks $5,300 record before Fed decision, lifting GLD and miners

Gold price breaks $5,300 record before Fed decision, lifting GLD and miners

NEW YORK, Jan 28, 2026, 13:37 EST — Regular session Gold prices surged past $5,300 an ounce on Wednesday, hitting a fresh record as the U.S. dollar hovered near multi-year lows ahead of the Federal Reserve’s policy announcement. Spot gold jumped 1.9% to $5,289.48 by 12:45 p.m. ET, after reaching $5,311.31 earlier. Meanwhile, U.S. gold futures for February climbed 4% to $5,286.50. The Fed’s decision is scheduled for 2 p.m. ET, with traders closely watching Chair Jerome Powell’s remarks for hints on future interest rate moves.
28 January 2026
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Dow Jones flattens near 49,000 as S&P 500 hits 7,000; Fed and Big Tech earnings loom

Dow Jones flattens near 49,000 as S&P 500 hits 7,000; Fed and Big Tech earnings loom

New York, Jan 28, 2026, 13:39 EST — Regular session The Dow Jones Industrial Average stayed close to unchanged on Wednesday as the S&P 500 briefly climbed above 7,000 before slipping back. Investors were on edge ahead of the Federal Reserve’s rate announcement and a slew of megacap earnings reports. By 11:31 a.m. ET, the Dow had edged up 49.62 points, or 0.10%, to 49,053.03. Chip stocks drove early gains, with Intel soaring 11.3%.
28 January 2026
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Western Digital stock jumps 11% as Seagate’s AI-driven outlook ripples through storage names

Western Digital stock jumps 11% as Seagate’s AI-driven outlook ripples through storage names

New York, January 28, 2026, 13:21 ET — Regular session Shares of Western Digital surged 11.3% to $281.31 on Wednesday, briefly hitting $281.61, as investors flocked to data-storage stocks following Seagate’s strong forecast linked to AI-driven demand. Seagate projected third-quarter revenue around $2.90 billion, plus or minus $100 million, with adjusted EPS of $3.40, plus or minus 20 cents. This comes after Seagate reported second-quarter revenue of $2.83 billion and adjusted EPS of $3.11.
28 January 2026
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Stock Market Today

  • GPC Jumps 12.9% as O'Reilly Looks to Buy Auto Unit, Market Eyes Industrial Shift
    July 3, 2026, 5:13 AM EDT. Genuine Parts (GPC) shares soared 12.9% to $132.57 after news hit of O'Reilly Automotive's cash bid topping $10 billion for its auto-parts segment. The reported offer puts a spotlight on GPC's move to tighten its focus on the industrial parts business, where management targets better margins and growth. Even with a big stock surge, analysts left the consensus EPS at $2.10 for next quarter. Revenue is forecast up 3.6% to $6.39 billion from last year. Some say GPC may not hold onto gains unless earnings estimates start to climb. GPC is still rated Zacks Rank #3 (Hold). Over at Driven Brands Holdings (DRVN), shares added 2.6%, with its EPS estimate nudged up over the past month.
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