Today: 4 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.

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

New York, Jan 23, 2026, 19:56 — Trading after hours. Bank of America shares dropped 1.4% to $51.72 on Friday, sliding alongside a broad selloff in U.S. bank stocks that outpaced the overall market. JPMorgan Chase slid close to 2%, with Wells Fargo and Citigroup each down over 1%, as bank ETFs absorbed much of the pressure.
24 January 2026
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Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Britain’s Financial Reporting Council has issued new guidance for pension scheme actuaries handling historic rule changes following the Virgin Media case. This comes as the government moves to introduce legislation allowing schemes to validate older amendments. The ruling is significant because it revealed that some “contracted-out” defined benefit schemes—workplace plans that replaced part of the state pension and promise benefits based on pay and service—could be declared void if they lack the required written actuarial sign-off from that period. According to the FRC’s technical guidance, this missing evidence might expose schemes to higher liabilities than anticipated.
24 January 2026
BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

Shares of Brand Engagement Network jumped roughly 90% on Friday after the AI firm announced a licensing and investment deal with Valio Technologies. The partnership aims to expand its platform throughout Africa. https://www.benzinga.com/trading-ideas/movers/26/01/50111905/brand-engagement-network-bnai-stock-explodes-on-2-million-valio-technologies-deal The shift is significant as Brand Engagement Network aims to generate near-term licensing revenue from its technology while retaining upside via an equity stake and a share of future sales, instead of developing a full-scale operation on its own.
24 January 2026
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Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Nigeria’s President Bola Tinubu has given the green light to investment-linked incentives for Shell’s Bonga South West deepwater oil project, following talks with CEO Wael Sawan. Sawan indicated a final investment decision could come by 2027, with projected capital and operating costs around $20 billion. Shell is also eyeing Nigeria’s exploration licence round. Tinubu emphasized these incentives aren’t “blanket concessions” but tied to fresh capital and output. Shell highlighted recent investments in Bonga North and a gas project supplying Nigeria LNG; Exxon Mobil is another Bonga partner. Timing is crucial. After years of stalled investment and declining output, Nigeria is pushing to accelerate major offshore projects. To make it happen, the country is relying on specific fiscal and regulatory adjustments.
24 January 2026
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Stock Market Today

  • Trump says economy 'soaring' as stocks hit records, credits tax cuts
    July 4, 2026, 4:40 AM EDT. President Donald Trump said the US economy is 'soaring' with the S&P 500, Nasdaq, and Dow Jones Industrial Average all posting record highs. Trump pointed to his tax cuts, higher exports, and a shrinking trade deficit as reasons for the market rally. He said stronger 401(k) balances and more investment have led to more factories and jobs. In remarks before the US 250th Independence Day, Trump called it a 'Golden Age' for the economy and talked up rising wages, new plants, and jobs. He said this quarter is the strongest since his last term and predicts his policies will top his earlier results.
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