Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

ASML drops after China chip-tool issue interrupts AI rally

ASML drops after China chip-tool issue interrupts AI rally

ASML Holding shares fell in Amsterdam Friday after the chip-equipment giant said it has not shipped its top-end lithography technology to China. The move raised new export-control questions, hitting one of Europe’s biggest AI-related stock rallies. Shares were down 0.6% at €1,666.00 at 13:37 CEST, after touching an intraday low of €1,631.40, according to Google Finance.
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Chips push Wall St higher, oil’s slide softens Fed hit

Chip stocks boosted Wall Street late Thursday morning, with U.S. indexes moving up as oil prices fell and some inflation worries cooled despite a firmer tone from the Federal Reserve. The Dow Jones Industrial Average added 0.36% at 11:23 a.m. ET, while the S&P 500 was up 0.91%. The Nasdaq Composite climbed 1.25%.
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Stock Market Today

  • SMS (TSE:2175) Shares Maintain Fair Price Relative to Revenue After 77% YTD Surge
    July 26, 2026, 7:52 PM EDT. SMS (TSE:2175) has climbed 76.6% since the start of the year, with Discounted Cash Flow (DCF) calculations indicating the stock remains at a 34.2% discount to its intrinsic value based on expected cash flows. The price-to-sales (P/S) ratio stands at 3.0x, which is higher than the sector average of 0.9x for Professional Services but sits below a fair valuation at 4.2x. SMS receives a 3 out of 6 rating for valuation, reflecting a balanced assessment following recent strong gains.