Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Crypto ATM scams are surging — and South Dakota’s SB 98 would force refunds, caps and ID checks

Crypto ATM scams are surging — and South Dakota’s SB 98 would force refunds, caps and ID checks

South Dakota lawmakers introduced Senate Bill 98 to cap crypto kiosk fees at 3%, set transaction limits, and require ID checks. The bill follows $13.8 million in crypto scam losses reported to the FBI in 2024, with $7.8 million from victims over 60. Victims who file police reports would be eligible for full refunds within 72 hours. The measure has bipartisan support and is now before the Senate Commerce and Energy Committee.
27 January 2026
IonQ stock jumps in premarket as $1.8 billion SkyWater deal puts dilution and chips in focus

IonQ stock jumps in premarket as $1.8 billion SkyWater deal puts dilution and chips in focus

IonQ shares rose 3.8% to $45.01 in premarket trading Tuesday, recovering part of Monday’s 8.2% drop after announcing a $1.8 billion SkyWater Technology acquisition. The cash-and-stock deal awaits SkyWater shareholder and regulatory approval. IonQ forecasts 2025 revenue at or above its prior $106–110 million guidance. SEC filings and a SkyWater shareholder vote are expected soon.
AllianceBernstein stock jumps 7.5%; AB traders eye Fed week and Feb. 5 earnings

AllianceBernstein stock jumps 7.5%; AB traders eye Fed week and Feb. 5 earnings

AllianceBernstein units traded near $41.88 premarket Tuesday after jumping 7.49% Monday, with 1.63 million units changing hands. The firm’s assets under management rose to $867 billion in December, though net flows were slightly negative. No company statement has explained Monday’s surge. AllianceBernstein reports Q4 results before the market opens Feb. 5.
Cloudflare stock jumps again in premarket as “Clawdbot” buzz puts NET back in play

Cloudflare stock jumps again in premarket as “Clawdbot” buzz puts NET back in play

Cloudflare shares rose 6.8% to $202.20 in Tuesday premarket trading after a 9.2% jump Monday, driven by buzz around the open-source AI agent Clawdbot. Wolfe Research linked the surge to social media interest and noted Cloudflare’s edge network could benefit from increased AI agent use. Investors await Cloudflare’s earnings on February 10 and the Federal Reserve’s policy decision this week.
Humana stock tumbles in premarket after CMS flags near-flat 2027 Medicare Advantage rates

Humana stock tumbles in premarket after CMS flags near-flat 2027 Medicare Advantage rates

Humana shares fell about 12% in premarket trading Tuesday after a U.S. proposal signaled minimal Medicare Advantage payment growth for 2027. The Centers for Medicare & Medicaid Services set a net average increase of 0.09%, citing risk score changes and new limits on chart review diagnoses. UnitedHealth and CVS Health also dropped around 9%. Investors await the April 6 final rate notice.
27 January 2026
CVS stock slides before the bell as Medicare Advantage rate shock hits insurers

CVS stock slides before the bell as Medicare Advantage rate shock hits insurers

CVS Health shares fell about 9% in premarket trading after CMS announced a 0.09% net average payment increase for 2027 Medicare Advantage plans, far below investor expectations. The agency set a Feb. 25 deadline for comments and will finalize rates by April 6. UnitedHealth and Humana also dropped in after-hours trading. Insurers face pressure as Medicare Advantage remains a key profit source.
27 January 2026
Micron stock jumps in premarket on $24B Singapore fab plan as AI memory crunch tightens

Micron stock jumps in premarket on $24B Singapore fab plan as AI memory crunch tightens

Micron shares rose about 4% in premarket trading Tuesday after the company announced a $24 billion expansion of its Singapore manufacturing site, with wafer production set for late 2028. The move comes as memory chip supply remains tight and analysts expect enterprise SSD prices to jump up to 60%. Executive vice president Manish Bhatia sold over 26,000 shares last week, regulatory filings show.
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Stock Market Today

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
IREN shares closed up 5.1% at $41.83 Friday after reporting a $155.4 million quarterly loss and $184.7 million in revenue. The company announced $3.6 billion in GPU financing for its Microsoft contract, with $2.8 billion in cash as of Jan. 31. Bitcoin mining revenue fell, while AI cloud services rose. Traders await bitcoin’s weekend move and Monday’s market reaction.
Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
NIO stock jumps on profit alert, with Monday’s open in focus

NIO stock jumps on profit alert, with Monday’s open in focus

7 February 2026
NIO shares jumped 7.23% to $5.04 Friday after the company forecast a swing to adjusted operating profit of up to 1.2 billion yuan for the fourth quarter. Trading volume reached 90.8 million shares, far above average. Nio’s deliveries rose 72% to 124,807 vehicles in the quarter. The company said results are preliminary and unaudited, with final figures due in March.
Snap stock price bounces to $5.22 after upgrades — what traders watch next week

Snap stock price bounces to $5.22 after upgrades — what traders watch next week

7 February 2026
Snap Inc. shares closed up 2% at $5.22 Friday after a volatile week, with 94 million shares traded. The company forecast Q1 revenue below analyst expectations, despite a fourth-quarter beat and a 28% rise in active advertisers. Daily active users fell by 3 million to 474 million. Analysts remain divided, with some upgrading and others trimming price targets.
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