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.

Abivax Shares Drop After Trial Win and Cancer Cases Raise Concerns

Abivax Shares Drop After Trial Win and Cancer Cases Raise Concerns

Abivax shares dropped hard Tuesday, despite positive late-stage trial results for its obefazimod drug. Investors focused on reported cancer and dysplasia cases in patients on the higher dose. The stock traded at 63.10 euros on Euronext Paris, well below Monday’s closing price of 111.80 euros, after touching 62.80 euros earlier. Over in the U.S., its Nasdaq ADRs were last at $72.86, down some 44% late in the session.
2 June 2026
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AMC Jumps After Box Office Data Hits

AMC Jumps After Box Office Data Hits

AMC Entertainment surged 22% to $2.12 on Monday as over 116 million shares traded. The theater chain posted its biggest May crowds since before the pandemic. The stock move stood out in a sluggish session, with investors watching to see if a stronger list of films this summer can bring in the cash AMC needs as it carries debt.
1 June 2026
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Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Oil pushes toward $100 with Iran talks failing, Hormuz risk back

Brent jumps near $100 as Iran talk stops, Strait threat looms Oil rallied Monday, with Brent crude close to $100 a barrel after Iran’s Tasnim news agency said Tehran stopped messaging the U.S. and Iran-backed groups could block the Strait of Hormuz and other routes. Brent futures gained $6.02, or 6.6%, to trade at $97.14 a barrel at 10:02 a.m. ET. U.S. West Texas Intermediate crude added $6.68, up 7.7%, to $94.04.
1 June 2026
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Stock Market Today

  • Coinbase Shares Tumble More Than 60% as Uncertainty Persists
    July 27, 2026, 12:13 AM EDT. Coinbase shares have plunged more than 60% over the past 12 months, pressured by worries over interest rate hikes and a broader slowdown in the crypto market. While trading at a reasonable 21x adjusted EBITDA, the company faces intense competition from Binance and fintech rivals, along with lingering doubts around the CLARITY Act and ongoing regulatory ambiguity. Despite efforts to trim costs, quarterly losses persist, leaving analysts wary about Coinbase's short-term prospects.