Today: 12 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.

AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Restores San Angelo Outage as Texas Grid Worries Continue

AEP Texas mostly got power back on in Tom Green County by early Wednesday, after equipment failed at a south San Angelo substation and knocked out electricity, local reports and the company’s outage map said. Concho Valley Homepage said about 7,800 AEP Texas customers lost power in parts of San Angelo and Tom Green County on Tuesday.
20 May 2026
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Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta kicks off 4 a.m. layoff emails as AI drive leads to 8,000 job cuts

Meta Platforms started sending layoff notices to employees early Wednesday, kicking off a planned reduction of about 10% of its global workforce, or close to 8,000 jobs. The company, which owns Facebook and Instagram, is moving staff and budgets toward artificial intelligence. Layoff notifications went out in waves starting at 4 a.m. local time in different regions. U.S. workers were told to stay home, according to Business Insider.
20 May 2026
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Entergy’s AI stock boost draws Wall Street’s attention—with a twist

Entergy’s AI stock boost draws Wall Street’s attention—with a twist

Entergy Corp is one of the utility names getting a lift from AI-fueled demand for power. The stock has climbed 33.3% over the last 52 weeks, beating the S&P 500 and the Utilities Select Sector SPDR ETF. A market note out this week described the New Orleans-based company as a straight bet on data centers, more industrial load, and higher grid spending.
20 May 2026
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Bolt CEO Points to HR Firings as Solution, Details Aftermath

Bolt CEO Points to HR Firings as Solution, Details Aftermath

Bolt CEO Ryan Breslow told the Fortune Workplace Innovation Summit that axing the fintech’s HR team was the right call, accusing the department of inventing issues. “Those problems disappeared when I let them go,” Breslow said. The comments add to the debate over how far startups should go in cutting HR and people roles when trying to turn things around.
20 May 2026
San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

San Antonio’s New Battery Bet Comes Just as CPS Outages Get Longer

OCI Energy and CPS Energy have started construction on a 120-megawatt battery storage project in southeastern Bexar County, moving a long-planned grid resource into the build phase as San Antonio’s public utility deals with longer outages and rising power demand. The Alamo City Battery Energy Storage System, or BESS, is meant to charge when power is available and discharge when electricity demand is high.
20 May 2026
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Stock Market Today

  • Bradesco Jumps 3.4%, Total Gross Return at 5.3% on JCP News
    July 12, 2026, 2:49 PM EDT. Banco Bradesco (BVMF:BBDC4) preferred shares were up 3.4% on July 10, with the move bringing a total gross return near 5.3% for holders, factoring in a R$0.3469 per share interest on shareholders' equity (JCP). After tax, the JCP payment lands at about 5.0% and is scheduled for Jan. 29, 2027. The combined return beat Itaú Unibanco and Banco do Brasil, which added to demand. Volume spiked 57% above average. Traders pointed to weaker inflation in Brazil and talk of more central bank rate cuts. Bradesco's Q1 net income climbed 16.1%, though loan-loss provisions also jumped, so credit risk remains in play. Next earnings are out Aug. 5. Markets are watching for how yields react to policy shifts.
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