Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Gold price breaks $4,600 record; GLD ETF and gold stocks jump on Powell probe

Gold price breaks $4,600 record; GLD ETF and gold stocks jump on Powell probe

New York, Jan 12, 2026, 12:35 (EST) — Regular session SPDR Gold Shares climbed 2.4% on Monday, buoyed by gold prices soaring past $4,600 an ounce—a new record. That jump sparked renewed interest in gold-backed assets. The ETF, which mirrors bullion and trades like a stock, last changed hands at $424.45. (Financial Times) This move matters because it’s no longer just about commodities. It’s about rates and politics. Gold usually gains traction when investors question the direction of interest rates and the steadiness of policy. Spot gold climbed 2.5% to $4,620.56 an ounce in late morning trading, after hitting a
Bakkt stock jumps as BKKT strikes DTR stablecoin deal, sets Jan. 22 rebrand and March Investor Day

Bakkt stock jumps as BKKT strikes DTR stablecoin deal, sets Jan. 22 rebrand and March Investor Day

New York, January 12, 2026, 12:33 PM EST — Regular session underway. Bakkt Holdings shares jumped 13.5% to $18.48 in midday trading Monday following the announcement that it will acquire stablecoin payments infrastructure provider Distributed Technologies Research (DTR). (Nasdaq) The announcement comes as Bakkt pushes to prove it can convert crypto infrastructure into more reliable revenue streams. Stablecoins — crypto tokens meant to maintain a steady value, usually tied to the U.S. dollar — have been touted as a way to move funds faster and cheaper than traditional systems, though regulations still differ across markets. (GlobeNewswire) Bakkt revealed it will
Dow Jones today: Index slips as Trump’s 10% credit-card cap hits banks, Powell subpoena clouds the Fed

Dow Jones today: Index slips as Trump’s 10% credit-card cap hits banks, Powell subpoena clouds the Fed

NEW YORK, January 12, 2026, 12:34 EST — Regular session. The Dow Jones Industrial Average slipped roughly 100 points, or 0.2%, near midday. The S&P 500 held steady, and the Nasdaq edged up slightly. (Investing.com) Sentiment turned as new political pressure mounted on the Federal Reserve—something traders usually overlook until it becomes unavoidable. Fed Chair Jerome Powell is now grappling with possible indictment linked to his testimony about a renovation project, though he has publicly denied any wrongdoing. (Reuters) Financial stocks slid as President Donald Trump proposed a one-year 10% cap on credit-card interest rates beginning Jan. 20, which could
Spotify stock slips as Wall Street digests Fed pressure — CPI and earnings ahead for SPOT

Spotify stock slips as Wall Street digests Fed pressure — CPI and earnings ahead for SPOT

NEW YORK, Jan 12, 2026, 12:27 EST — Regular session underway. Shares of Spotify Technology S.A. slipped 1.2% to $532.97 by midday Monday, lagging behind a mostly steady market. The S&P 500-tracking SPY ETF edged up 0.1%, while the Nasdaq 100-tracking QQQ ETF gained 0.2%. The shift unfolded as investors digested fresh political pressure on the Federal Reserve alongside a proposal to cap credit-card interest rates. This combination has nudged traders toward a defensive posture once again. “Any further meaningful moves towards less independence is not going to be viewed favorably by markets,” said Jordan Rizzuto, chief investment officer at
Coinbase stock rises as Senate crypto bill fight puts stablecoin rewards back in play

Coinbase stock rises as Senate crypto bill fight puts stablecoin rewards back in play

New York, January 12, 2026, 12:22 EST — Regular session Shares of Coinbase Global Inc rose Monday following a Bloomberg Law report that the crypto exchange is pressing U.S. lawmakers to keep the “rewards” it pays to stablecoin holders. The company might withdraw support for a key market-structure bill if the proposed restrictions become too strict. (Bloomberg Law) The timing is crucial. Senate negotiators aim to finalize a wide-ranging framework for crypto markets, but stablecoin rewards have sparked a last-minute battle between banks and crypto firms, each pushing to influence the final wording. Coinbase climbed roughly 2.1% to $245.83 by
Western Digital stock climbs even as Wall Street wobbles — what to know now

Western Digital stock climbs even as Wall Street wobbles — what to know now

New York, January 12, 2026, 12:22 EST — Regular session Shares of Western Digital (WDC.O) climbed 2.1% to $204.76 by midday Monday, bouncing around between $193.35 and $206.37 during a choppy session. The rise occurred as U.S. stocks dipped amid renewed political pressure on the Federal Reserve, casting doubt on the central bank’s independence. Financial stocks also took a hit from a proposed cap on credit-card interest rates. “It’s another dent to the armor” of Fed independence, said Jordan Rizzuto, chief investment officer at GammaRoad Capital Partners. (Reuters) Shares of Seagate Technology climbed roughly 2.4%. Micron Technology nudged up 0.4%,
Boeing stock ticks up as investors brace for Tuesday’s delivery report after Airbus update

Boeing stock ticks up as investors brace for Tuesday’s delivery report after Airbus update

New York, January 12, 2026, 12:16 EST — Market open for the regular session. Boeing shares climbed Monday, building on recent momentum ahead of the company’s annual orders-and-deliveries report set for Tuesday. By midday in New York, the stock had gained roughly 1.4%, trading at $237.72. The delivery tally is key since Boeing typically receives payment upon handing over jets to customers. A strong result can ease concerns about production and cash flow, especially as traders adjust positions following Airbus’s release of its 2025 figures. Airbus reported a 4% increase in 2025 deliveries, hitting 793 aircraft, alongside 1,000 gross orders,
Chevron stock edges up as U.S. flags Venezuela sanctions move; oil prices keep investors cautious

Chevron stock edges up as U.S. flags Venezuela sanctions move; oil prices keep investors cautious

New York, Jan 12, 2026, 12:04 (EST) — Regular session underway. Chevron (CVX.N) shares ticked up 0.4% to $162.69 in midday trading Monday, following comments from U.S. Treasury Secretary Scott Bessent that additional sanctions on Venezuela could be eased “as soon as next week” to boost oil exports. “We’re de-sanctioning the oil that’s going to be sold,” Bessent said. (Reuters) The timing is crucial. Washington’s effort to restart Venezuelan oil flows hits as traders and refiners scramble to find supply matching their plants. Policymakers are also trying to direct the money trail. For Chevron, this isn’t a footnote—its Venezuela ties
Lumentum stock drops 5% in late morning trade as AI optics bets cool ahead of earnings

Lumentum stock drops 5% in late morning trade as AI optics bets cool ahead of earnings

New York, Jan 12, 2026, 11:53 AM ET — Regular session Lumentum Holdings shares dropped 5.4% to $332.28 in late-morning trading Monday, lagging behind a mostly flat U.S. market. The stock slipped $19.14 from its previous close and earlier dipped as low as $323.24. This move is significant since Lumentum has become a swift, occasionally volatile stand-in for AI data center spending. The company sells optical components—the lasers and photonics that drive data through fiber—and that connection to cloud infrastructure projects has turned its stock into a hotspot for fast cash. Lumentum will report fiscal second-quarter results on Feb. 3
Walmart stock jumps on Google Gemini checkout, Wing drones and Nasdaq-100 countdown

Walmart stock jumps on Google Gemini checkout, Wing drones and Nasdaq-100 countdown

New York, Jan 12, 2026, 11:16 EST — Regular session Walmart shares jumped 3.3% to $118.36 by late morning Monday, beating a mostly flat market. Investors reacted to new news highlighting AI-powered shopping and quicker delivery options. Walmart’s selling point is speed and stickiness. The retailer wants shoppers to stay within its checkout system, even if they find products elsewhere, and aims to deliver quickly enough that convenience feels routine rather than a one-off treat. The timing is critical since Walmart will join the Nasdaq-100 on Jan. 20, taking AstraZeneca’s spot, the exchange operator announced Friday. The Nasdaq-100 tracks the
Constellation Energy stock dips Monday as Calpine filing details put share supply back in focus

Constellation Energy stock dips Monday as Calpine filing details put share supply back in focus

New York, Jan 12, 2026, 12:05 EST — Regular session underway Constellation Energy shares slipped 1.6% to $336.87 in late Monday morning trading, following a Friday close of $342.52. Investors are zeroing in on a key issue following Constellation’s Calpine deal: how fast the expanded shareholder group might offload stock, and the potential impact on short-term trading. This is important now as power stocks have become crowded trades amid buzz over rising electricity demand. When positioning is compressed, even routine supply news can sting. In a Jan. 7 filing, Constellation disclosed it inked a registration rights deal with some former
Robinhood (HOOD) stock jumps as bitcoin climbs; traders eye earnings and fresh scrutiny on event contracts

Robinhood (HOOD) stock jumps as bitcoin climbs; traders eye earnings and fresh scrutiny on event contracts

New York, Jan 12, 2026, 11:40 AM EST — Regular session Shares of Robinhood Markets, Inc. climbed 3.6% to $119.38 on Monday, bouncing back after an early slump and adding to a volatile start for the retail trading platform’s stock this week. Robinhood’s shift is crucial since it acts as a barometer for crypto sentiment and day-trader behavior—both can swing sharply with price shifts. With the next earnings report due in under a month, traders are guessing if the trading momentum from late 2025 spilled over into the year’s final weeks. This comes as regulators continue to crack down on

Stock Market Today

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
Go toTop