Shan Ahmed Khan

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech. His coverage ranges from stocks and technology to economic developments across global markets. He worked in investment research and market analysis before becoming a financial journalist and is a graduate of the Lahore University of Management Sciences (LUMS).

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia Oyj heads into Monday with the Helsinki market closed for the weekend, after big swings last week. Shares soared 9.64% on Thursday as the company showed off its first operational results from the NestAI defence partnership. Nokia finished Friday at €10.90. Thursday's rally pushed up market value by about €5.5 billion, using the 5.6 billion shares not owned by the company, or 55 times the €100 million joint investment from Nokia and Tesi tied to the partnership.
Oregon backs away from bid to delay Paramount–Warner Bros—Spread at 16.6% draws focus

Oregon backs away from bid to delay Paramount–Warner Bros—Spread at 16.6% draws focus

Oregon’s attorney general has pulled a court motion asking for a delay of Paramount Skydance Corp’s $110 billion deal for Warner Bros. Discovery Inc, clearing the closest legal hurdle for now. But the state’s broader suit is still on. Oregon said it’s weighing its next move after Paramount pushed back against requests for records tied to its regulatory lobbying.
Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo Energy Company closed Friday at $27.13, giving the geothermal developer a $7.99 billion equity value — about 17% more than Ormat Technologies, an established listed geothermal operator worth $6.80 billion. That premium now rests heavily on whether Fervo’s new 21-day drilling record can translate into lower plant costs and reliable power sales.
SWIFT Blockchain Goes Live With 17 Banks—But the Pilot Math Tells a Cautious Story

SWIFT Blockchain Goes Live With 17 Banks—But the Pilot Math Tells a Cautious Story

SWIFT said its blockchain ledger was ready for initial use this week with 17 banks across six continents, including Citigroup and HSBC Holdings, opening a controlled test of round-the-clock cross-border transfers using bank-issued digital deposits. The investor question is no longer whether SWIFT can build the layer, but whether its distribution network can produce meaningful payment traffic.
AI stocks clear $26.5 billion test, memory chip trade now in focus

AI stocks clear $26.5 billion test, memory chip trade now in focus

AI names wrapped up a volatile week, with the standout move tied to a big share sale rather than any earnings news. SK Hynix pulled in $26.5 billion after demand topped supply by over seven times. Its American depositary receipts—U.S. certificates for overseas shares—ended Friday at $168.01, up 12.8% from the $149 offering price. Nasdaq Composite rose 1.7% this week while the S&P 500 added 1.2%.
Nvidia Led S&P 500 Friday Gains With Nearly 70%, Small Caps Dropped

Nvidia Led S&P 500 Friday Gains With Nearly 70%, Small Caps Dropped

NVDA was behind about 0.31 percentage point of the S&P 500’s move on Friday, according to estimates, or around 70% of the total gain. Big tech, still led by the main AI play, drove the latest record run. The S&P 500 finished up 0.44% at 7,577.05. The Dow climbed 0.37% to end at 52,682.39. The Nasdaq closed 0.32% higher at 26,290.19. The Russell 2000 dropped 0.46% to 2,978.75.
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