Today: 29 June 2026

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.

OpenAI’s $10B Cerebras compute deal: 750MW push to make ChatGPT faster

OpenAI’s $10B Cerebras compute deal: 750MW push to make ChatGPT faster

OpenAI is set to acquire up to 750 megawatts of computing capacity from chip startup Cerebras over the next three years, in a deal exceeding $10 billion, according to a source close to the matter who spoke to Reuters. The tech giant will deploy Cerebras hardware to power ChatGPT and other AI applications. The deal comes as AI firms pivot from building ever-bigger models to focusing on continuous operation for users. This next step—known as inference, when models generate responses—is turning into the routine workload and the main expense.
15 January 2026
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Stock market today: Nasdaq slides as bank earnings and credit-card cap talk hit Wall Street

Stock market today: Nasdaq slides as bank earnings and credit-card cap talk hit Wall Street

U.S. stocks finished lower Wednesday, with the Nasdaq dropping 1% as tech shares tumbled and bank stocks weakened following mixed quarterly results. The S&P 500 slipped 0.53%, the Dow edged down 0.09%, while consumer staples and energy sectors gained ground. The Russell 2000 hit a record close. Traders are now pricing in at least two Federal Reserve rate cuts by year-end. “After a nice run, and so-so or mediocre earnings, you're seeing profit-taking and consolidation” in banks, said Michael O’Rourke, chief market strategist at JonesTrading. Markets are grappling with a Washington headline that hit just as earnings season kicked off: President Donald Trump suggested a 10% ceiling on credit-card interest rates. The news pressured lenders and card-payment companies. Visa tumbled 4.5%, Mastercard shed 3.8% on Tuesday, as JPMorgan faltered and financial stocks dragged the S&P 500 down. “It seems to be sinking in,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder, though he warned a cap would be “extremely difficult” to implement.
15 January 2026
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U.S. House fintech bills ignite fresh fight over BNPL and earned wage access safeguards

U.S. House fintech bills ignite fresh fight over BNPL and earned wage access safeguards

U.S. House lawmakers weighing a slate of draft fintech measures put buy-now-pay-later and earned wage access under scrutiny this week, as consumer advocates and industry groups argued over what guardrails should look like. The push matters now because Washington is trying to catch up with products that have moved from side hustle to household tool, especially on the payment and short-term credit edge of the market. The American Fintech Council, a trade group for fintech firms and “innovative banks,” urged Congress to set a consistent, risk-based federal framework and to modernize oversight for bank-fintech partnerships, BNPL and earned wage access. “Consumers are clearly demanding modern financial tools that are transparent, flexible, and affordable,” the group’s chief executive Phil Goldfeder said.
15 January 2026
IRS tax filing season starts Jan. 26 — refunds, W-2 deadline and 2026 tax brackets: what to know

IRS tax filing season starts Jan. 26 — refunds, W-2 deadline and 2026 tax brackets: what to know

The Internal Revenue Service on Wednesday urged taxpayers to act now before the 2026 filing season kicks off on Jan. 26. The agency recommends setting up an online account and preparing for direct deposit, as paper refund checks are being phased out. This is significant since filing season now overlaps with fresh tax rules and a strict deadline: many rush to file once their documents arrive, and the IRS anticipates another busy year for returns.
15 January 2026
EU’s China EV price-floor plan lifts BYD and Xpeng — tariff fight may be shifting

EU’s China EV price-floor plan lifts BYD and Xpeng — tariff fight may be shifting

Shares of China’s BYD climbed up to 4.8% in Hong Kong on Tuesday. Xpeng jumped 5.3%, while SAIC Motor added 3.6%, following news that the European Commission is considering a minimum-price system to replace tariffs on China-built electric vehicles. This pricing mechanism would also cover EVs made in China by foreign automakers. Eugene Hsiao from Macquarie Capital described the move as “positive for developing better ties” between the EU and Chinese carmakers. The clash over electric-vehicle pricing has escalated into a key trade battle between Beijing and Brussels. Investors are paying close attention, since a settled price floor offers more predictability than a tariff slapped on imports repeatedly at the border.
15 January 2026
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BAE Systems stock: what to watch before London opens after Deutsche Bank downgrade, $184 mln Marine Corps order

BAE Systems stock: what to watch before London opens after Deutsche Bank downgrade, $184 mln Marine Corps order

London, Jan 15, 2026, 07:13 GMT — Premarket update. BAE Systems shares are under the spotlight ahead of Thursday’s London open after a broker downgrade hit a stock that has already surged this year. On Wednesday, the shares slipped 1.64%, closing at 2,038 pence. https://www.marketwatch.com/data-news/bae-systems-slides-wednesday-underperforms-market-84f75b65-70572457ab3b
15 January 2026
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Shell stock in focus: scrapped UK gas sale, sliding oil and buyback pace before London open

Shell stock in focus: scrapped UK gas sale, sliding oil and buyback pace before London open

London, Jan 15, 2026, 07:12 GMT — Premarket Shares of Shell Plc opened Thursday in London after the company and Exxon Mobil pulled out of a planned sale of their UK Southern North Sea gas assets to Viaro Energy, citing changing commercial and market conditions. Shell will continue to operate the package, which covers 11 gas fields plus the onshore Bacton terminal. Viaro CEO Francesco Mazzagatti said the deal was “fully funded” before both parties decided to halt the transaction.
15 January 2026
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Rio Tinto stock: BHP Pilbara iron ore tie-up lands as Glencore clock ticks

Rio Tinto stock: BHP Pilbara iron ore tie-up lands as Glencore clock ticks

London, January 15, 2026, 07:07 GMT — Premarket Rio Tinto plc shares were set for a lively London open on Thursday after the miner and rival BHP said they will work together on a Pilbara iron ore collaboration aimed at unlocking up to 200 million tonnes of supply. The plan links neighbouring Yandicoogina and Yandi operations and would see some BHP ore processed through Rio’s facilities.
15 January 2026
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Anglo American stock: Norges Bank tops 3% stake as copper surge keeps miners in play

Anglo American stock: Norges Bank tops 3% stake as copper surge keeps miners in play

London, Jan 15, 2026, 07:01 GMT — Premarket Ahead of Thursday’s London open, Anglo American stock caught attention after a regulatory filing revealed Norges Bank boosted its stake above the 3% reporting threshold. The bank now holds 3.00352% of voting rights, or 35,383,000 shares, up from 2.99573%. According to the filing, the threshold was crossed on Jan. 9.
15 January 2026
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DroneShield shares jump after LAND 156 panel nod — what ASX:DRO investors watch next

DroneShield shares jump after LAND 156 panel nod — what ASX:DRO investors watch next

Sydney, Jan 15, 2026, 17:59 AEDT — After-hours Shares of DroneShield Ltd climbed on Thursday after the ASX-listed counter-drone equipment maker announced it had been selected for the Australian Defence Force’s LAND 156 Line of Effort 3 panel. The stock finished 2.77% higher at A$4.08, up from A$3.97 at the previous close, with the news coming at 4:37 p.m. local time. DroneShield is set to release its annual and preliminary results on Feb. 24, per its corporate calendar.
15 January 2026
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