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. Follow Khadija Saeed on Google News.

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Antonio Gracias, who runs Valor Equity Partners and has close ties to Elon Musk, is in line for a major windfall from SpaceX’s coming IPO. A regulatory filing showed entities linked to Gracias control about 7.3% of SpaceX’s Class A shares. Business Insider put the stake at around $91.6 billion at a $1.5 trillion company value. The Wall Street Journal said it could clear $100 billion if the IPO values SpaceX at $1.5 trillion or higher.
21 May 2026
MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell.
Immunovant Stock Surges 35% After Arthritis Drug Data: Why Wall Street Is Repricing IMVT

Immunovant Stock Surges 35% After Arthritis Drug Data: Why Wall Street Is Repricing IMVT

Immunovant shares closed 35.3% higher at $35.56 on Wednesday after the biotech company reported encouraging 16-week data for its experimental rheumatoid arthritis drug, IMVT-1402, a move that made the stock one of the day’s standout U.S. healthcare gainers. Roivant Sciences, Immunovant’s majority owner, also rose sharply, closing about 14.9% higher at $32.41.
e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

e.l.f. Beauty Earnings Beat Comes With a Catch for Wall Street

e.l.f. Beauty said Wednesday its outlook for fiscal 2027 sales and adjusted profit came in below Wall Street targets. The company flagged a possible $15 million to $20 million cost hit from oil prices linked to the Iran war, which could weigh on results even after a strong fourth quarter. Shares gained after hours as the cosmetics maker topped quarterly revenue and profit estimates.
Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital Hits 1 GW, $31 Billion Bet Starts

Applied Digital on Wednesday said it has signed a 15-year take-or-pay lease with the same unnamed U.S. investment-grade hyperscaler already leasing at its Delta Forge 1 campus. The deal adds 300 megawatts of critical IT load at a new Polaris Forge 3 site, lifting contracted capacity for the Dallas-based company past 1 gigawatt. The lease, which requires the customer to pay whether or not it uses the full capacity, is worth about $7.5 billion over the base term.
RBC Stock Tops 52-Week High Ahead of May 28

RBC Stock Tops 52-Week High Ahead of May 28

Royal Bank of Canada shares hit a 52-week high Wednesday as Toronto stocks bounced back after two weak sessions. RBC was at C$257.55, up C$5.02, or 1.99%, at 3:49 p.m. EDT, after reaching C$257.91 earlier in the day. Canadian Imperial Bank of Commerce, National Bank of Canada and Bank of Nova Scotia moved higher too, with gains seen across the bank group, not just at RBC.
Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit Pushes Past $150 but Ad Campaign Still Lags

Reddit shares slipped around 5% late Wednesday, falling under $150 as the company launched new in-app ad tools it hopes will show growth in its ad business. The stock traded at $146.84, down 5.19%, at 3:56 p.m. EDT on Google Finance, after earlier bottoming at $143.91 with volume running much higher than usual.
20 May 2026
Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

Dow Rises After Nvidia Rally Ends Three-Day Wall Street Slide

Chip stocks jumped on Wednesday and helped Wall Street break a three-day slide. Nvidia’s earnings were in focus, while investors welcomed lower oil prices and falling Treasury yields. The Dow Jones Industrial Average finished up 581.66 points, or 1.18%, at 49,945.54, according to preliminary results. The S&P 500 added 68.20 points, or 0.93%, to close at 7,421.81. The Nasdaq Composite gained 344.12 points, or 1.33%, ending at 26,214.83.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 BUY

Pfizer

NYSE: PFE 93 / 100
#2 TACTICAL BUY

AMD

NASDAQ: AMD 91 / 100
#3 STRONG BUY

AerCap

NYSE: AER 90 / 100
#4 BUY ONLY ON PULLBACK

Booking Holdings

NASDAQ: BKNG 88 / 100
#5 BUY ON WEAKNESS

Visa

NYSE: V 86 / 100
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Editorial model selection. Not personalised advice.