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.

CBA hikes fixed mortgage rates as analysts warn Commonwealth Bank shares face a tougher 2026

CBA hikes fixed mortgage rates as analysts warn Commonwealth Bank shares face a tougher 2026

Commonwealth Bank of Australia raised fixed home-loan rates by as much as 70 basis points on Thursday — remember, a basis point equals 0.01% — sending some three-year owner-occupier rates up to 6.19%. The hike comes as lenders prepare for more increases in official rates. CBA’s cheapest two-year fixed rate for package borrowers now stands at 5.79%, edging above similar deals from Westpac and ANZ. Investors will keep an eye on quarterly inflation figures due Jan. 28 before the Reserve Bank of Australia meets on Feb. 2-3. CBA shares stood at A$153.50, gaining 0.4% on the day but still down roughly 4.8% year-to-date following a sluggish January start. On Wednesday, the stock closed at A$152.88, swinging between a high of A$154.99 and a low of A$150.88 during the session, data showed.
15 January 2026
Woolworths stock edges up on Google Cloud Olive AI upgrade as investors eye results and inflation

Woolworths stock edges up on Google Cloud Olive AI upgrade as investors eye results and inflation

SYDNEY, Jan 15, 2026, 17:41 AEDT — Post-market Woolworths Group Ltd shares ended Thursday 0.27% higher at A$30.20, following the company's announcement of an upgrade to its Olive chatbot powered by Google Cloud technology. The stock fluctuated between A$29.97 and A$30.38 during the session and remains roughly 10% shy of its 52-week peak, according to market data.
15 January 2026
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Elon Musk net worth at $640B: he could buy every MLB, NBA, NFL and NHL team — and still have $103B left

Elon Musk net worth at $640B: he could buy every MLB, NBA, NFL and NHL team — and still have $103B left

Elon Musk’s fortune has reached a point where he could snap up every team across Major League Baseball, the National Basketball Association, the National Football League, and the National Hockey League—and still walk away with $103 billion in cash, according to a Benzinga analysis that references Forbes team valuations. The Bloomberg Billionaires Index valued Musk’s net worth at $640 billion on Jan. 14, naming SpaceX as his top asset. According to Bloomberg, he owns roughly 12% of Tesla and holds around 304 million exercisable stock options from his 2018 pay deal.
15 January 2026
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TSMC Q4 earnings beat forecasts on AI demand — the numbers driving TSM stock

TSMC Q4 earnings beat forecasts on AI demand — the numbers driving TSM stock

TAIPEI, Jan 15, 2026, 14:23 Taiwan Semiconductor Manufacturing Co reported a record profit for the fourth quarter on Thursday, driven by strong demand for AI chips. The company’s net profit soared 35% year-on-year to T$505.7 billion, surpassing analyst expectations. https://www.reuters.com/world/china/tsmc-q4-profit-jumps-35-record-beats-expectations-2026-01-15/
15 January 2026
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Stock Market Today

  • Sandisk (NASDAQ: SNDK) slips 4% as Apple eyes China chip supplier
    June 29, 2026, 2:40 PM EDT. Sandisk (NASDAQ: SNDK) shares dropped 4% Monday, shrugging off Jefferies' price target hike from late last week. The move comes after reports that Apple may seek U.S. approval to buy low-cost memory chips from China's CXMT. That could pressure pricing for Sandisk and rival Micron, though CXMT mostly makes DRAM and Sandisk sells NAND flash. Some analysts, like Mizuho's Jordan Klein, say the risk may be overblown given current supply shortages and solid demand into 2027-2028. Sandisk was also left off Motley Fool's new top stock picks list, which could weigh on investor sentiment for growth-seekers.
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