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.

US stock market today: S&P 500 futures rise as Meta surges, Microsoft drops ahead of Apple earnings

US stock market today: S&P 500 futures rise as Meta surges, Microsoft drops ahead of Apple earnings

U.S. stock index futures edged higher in premarket trading on Thursday as investors sifted fresh results from Meta Platforms and Tesla and a sharp drop in Microsoft ahead of Apple earnings later in the day. At 5:21 a.m. ET, S&P 500 E-mini futures — contracts tied to the benchmark index — were up 13.5 points, or 0.19%, while Nasdaq 100 E-minis rose 67.5 points, or 0.26%, and Dow E-minis added 42 points, or 0.09%. Meta rose 7.9% and Tesla gained 2.9%, while Microsoft slid 6.4%; rare-earth miners fell after a report the Trump administration would step back from critical mineral price supports and investors also kept an eye on a U.S. government funding deadline on Friday.
Dow Jones futures edge up as IBM pops and Microsoft drops before inflation data

Dow Jones futures edge up as IBM pops and Microsoft drops before inflation data

Dow Jones Industrial Average futures nudged higher early Thursday as investors parsed Big Tech earnings and considered how much more spending the AI race can sustain. At 5:21 a.m. ET, Dow E-minis — futures tracking the index before the open — gained 42 points, or 0.09%. Meta surged 7.9%, Tesla climbed 2.9%, while Microsoft dropped 6.4% and IBM rose 8.3%. “Traders are no longer rewarding the biggest spenders,” said Jake Behan, head of capital markets at Direxion, as capital spending faces increased scrutiny.
29 January 2026
SAP stock dives 12% after cloud backlog jitters; €10 billion buyback doesn’t steady the shares

SAP stock dives 12% after cloud backlog jitters; €10 billion buyback doesn’t steady the shares

Shares in SAP fell about 12% to around 172 euros in early Frankfurt trade on Thursday, putting Europe’s largest software maker on track for its steepest one-day drop since October 2020. The selloff followed results that met revenue forecasts but missed expectations on cloud backlog and a 2026 cloud revenue outlook, and has wiped roughly $150 billion off the stock’s value from its 2025 peak; “SAP needed an all-round acceleration to fight the trough sector sentiment, and with puts and takes in the update we see shares underperforming,” said Citi analyst Balajee Tirupati.
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