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.

Super Micro Sinks After $7 Billion Raise Despite $39 Billion in AI Server Orders

Super Micro Sinks After $7 Billion Raise Despite $39 Billion in AI Server Orders

Super Micro Computer shares dropped hard in premarket trading Wednesday. Investors shrugged off the company’s $39 billion AI server order number, turning their attention to Super Micro’s plan to raise $7 billion in new capital to support those sales. The stock was recently down around 11% from Tuesday’s close of $40.64. The San Jose-based group said it’s looking to raise the money through equity and equity-linked deals as it buys components for its advanced AI servers.
10 June 2026
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Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

• Rigetti Computing closed Tuesday at $19.69, down 9.55%, and slipped further in premarket trading Wednesday.• A June 8 SEC Form 144 listed a proposed sale by director Ray O. Johnson of 122,188 shares valued at about $2.6 million.• The pullback is testing investor enthusiasm for Rigetti’s up-to-$100 million U.S. Commerce Department quantum-computing funding letter.
10 June 2026
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Stock Market Today

  • CXMT Jumps 470% on Shanghai Debut, Secures $8.6 Billion in IPO
    July 26, 2026, 10:17 PM EDT. Shares of Chinese memory chipmaker CXMT soared roughly 470% in their first trading session on the Shanghai STAR Market, with the company raising 57.92 billion yuan ($8.6 billion) in what is the largest Asian listing so far this year. The firm based in Hefei commands a 7.67% share of the global DRAM market in 2025 and intends to channel funds from the IPO into memory wafer mass production and research and development. CXMT delivered a Q1 operating profit of 35.43 billion yuan, reflecting a significant rebound.