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.

AbbVie stock rises as India rejects Venetoclax patent bid; ABBV traders eye Feb. 4 earnings

AbbVie stock rises as India rejects Venetoclax patent bid; ABBV traders eye Feb. 4 earnings

New York, Jan 23, 2026, 15:06 EST — Regular session AbbVie Inc. shares rose about 0.6% on Friday after an Indian report said the country’s patent office rejected the drugmaker’s bid to patent venetoclax, a blood-cancer treatment sold as Venclexta. The stock was up 0.6% at $219.33 in afternoon trade, even as the Health Care Select Sector SPDR Fund fell about 0.6%.
23 January 2026
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Ergo founder John Purdy dies at 63, just after Presidio closes takeover

Ergo founder John Purdy dies at 63, just after Presidio closes takeover

John Purdy, the entrepreneur behind Irish IT services company Ergo, has died at 63, the Irish Independent reported Friday. His passing occurred just one day after U.S. tech services firm Presidio finalized its takeover of the Ireland-based group, MarketScreener data shows. The timing is crucial as Ergo has recently changed hands, while Presidio aims to expand its European footprint from Ireland and the UK. For Dublin’s tech scene, this adds a very tangible human dimension to an already closely watched deal.
23 January 2026
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Gold races toward $5,000 as Ray Dalio warns of ‘capital wars’ and dollar strain

Gold races toward $5,000 as Ray Dalio warns of ‘capital wars’ and dollar strain

DAVOS, Switzerland, January 23, 2026, 20:49 CET Gold hit a fresh record on Friday, with silver breaking the $100 an ounce mark for the first time, driven by a surge in safe-haven demand amid geopolitical tensions and expectations of U.S. rate cuts. Spot gold gained 1.2% to $4,988.17 after peaking at $4,993.02. Silver hovered around $100.47, having reached $100.94 earlier, per the day’s trading figures. “This is safe-haven buying being extrapolated into something much bigger,” said Philip Newman, managing director at Metals Focus.
23 January 2026
Silver breaks $100 as gold nears $5,000 — what’s driving the record precious-metals run

Silver breaks $100 as gold nears $5,000 — what’s driving the record precious-metals run

Silver broke past $100 an ounce on Friday, hitting a new record as gold climbed further into untested levels, nearing the $5,000 mark. The rush into safe-haven metals has broadened beyond gold, sparking a cross-metal rally. CP24 The shift is significant as investors increasingly view precious metals not just as a trade but as a safeguard, driven by renewed geopolitical tensions and policy uncertainty. The prospect of U.S. interest rate cuts has played into this too: lower rates make holding non-yielding bullion less costly in terms of forgone interest.
23 January 2026
Pfizer stock slips on ex-dividend day — what to watch ahead of Feb. 3 earnings

Pfizer stock slips on ex-dividend day — what to watch ahead of Feb. 3 earnings

New York, January 23, 2026, 14:26 EST — Regular session Pfizer shares dropped roughly 1.9% to $25.62 Friday afternoon, underperforming the health-care sector as the stock went ex-dividend. The Health Care Select Sector SPDR Fund dipped about 0.5%, while the SPDR S&P 500 ETF Trust inched up around 0.1%. Merck slipped about 1%, and Moderna tumbled over 7%. Trading volume for Pfizer hit roughly 24.8 million shares.
23 January 2026
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Citigroup stock price slips after Reuters reports fresh March layoffs, with Fed decision looming

Citigroup stock price slips after Reuters reports fresh March layoffs, with Fed decision looming

NEW YORK, Jan 23, 2026, 14:27 — Regular session Shares of Citigroup dropped 1.7% to $113.71 on Friday afternoon, sliding as low as $113.22 and ending the day down $1.95. The decline followed a Reuters report that the bank plans additional layoffs in March, after cutting about 1,000 jobs this month. The next wave is expected to target managing directors and other senior roles. CFO Mark Mason told analysts, “We have been reducing headcount and expect that trend to continue,” projecting the workforce will shrink to 226,000 by the end of 2025, down from 240,000 in 2022, following $800 million spent on severance last year.
23 January 2026
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Stock Market Today

  • Data Points to $1 Trillion Institutional Test for Bitcoin’s Next Leg Higher
    July 4, 2026, 7:04 AM EDT. It now takes much more money to push Bitcoin higher than before. A decade ago, $5 million could double the price-now cycles need over $100 billion. CryptoQuant founder Ki Young Ju said it may take $1 trillion or more in new institutional funds for Bitcoin to see another big rally, turning it into a serious macro position instead of a retail trade. The comments follow record outflows from spot bitcoin ETFs in the U.S. and a weak first half for the token, as some doubt whether institutions can actually step up their buying. Analysts warn returns shrink as assets age, and it's unclear if big institutional flows will materialize.
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