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.

Western Power’s WA grid-support buy gets go-ahead as possum and bird guards roll out

Western Power’s WA grid-support buy gets go-ahead as possum and bird guards roll out

Western Australia’s Coordinator of Energy has launched a special procurement process, mandating Western Power to secure Network Support Services aimed at relieving capacity issues on as many as 23 distribution feeders across seven locations in Perth and regional areas, per a Jan. 15 determination. Western Power is required to initiate an expressions-of-interest process within 20 business days. The contracted services are slated to start in December 2026 and cover three summer seasons.
16 January 2026
Wipro Q3 results: Profit slides 7%, ₹6 interim dividend declared as labour-code hit dents earnings

Wipro Q3 results: Profit slides 7%, ₹6 interim dividend declared as labour-code hit dents earnings

Wipro on Friday reported a 7% fall in third-quarter profit and declared an interim dividend of 6 rupees a share, as a one-time labour code charge weighed on earnings. The Bengaluru-based IT services firm forecast flat to 2% sequential growth in core IT services revenue for the March quarter. https://www.wipro.com/content/dam/nexus/en/investor/quarterly-results/2025-2026/q3fy26/press-release-q3fy26.pdf
16 January 2026
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Lithium price whipsaws after China futures hit down-limit; Albemarle, SQM ease before U.S. open

Lithium price whipsaws after China futures hit down-limit; Albemarle, SQM ease before U.S. open

Lithium prices in China took a hit on Friday, with the top-traded lithium carbonate futures contract dropping nearly 9%, repeatedly hitting its daily down-limit at 146,200 yuan per metric ton, according to Shanghai Metals Market. Battery-grade lithium carbonate was valued at an average of 158,000 yuan a ton, down 1,000 yuan from the previous session. The SMM battery-grade index also slipped, falling to 159,477 yuan. SMM reported that upstream sellers hesitated to offer spot cargoes amid the price drop, while the lower levels brought some downstream buyers back into the market.
16 January 2026
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Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Oil prices nudged up on Friday, recovering after a steep drop the previous day as traders balanced persistent supply concerns with dwindling hopes of imminent U.S. military strikes on Iran. By 1000 GMT, Brent crude climbed 50 cents, or 0.78%, reaching $64.26 a barrel and looked set for its fourth weekly gain. U.S. West Texas Intermediate rose 48 cents, or 0.81%, to $59.67. Analysts at BMI flagged that Iran’s political unrest could trigger “greater volatility,” while IG noted any flare-up would shift focus back to the Strait of Hormuz, a crucial route for around 20 million barrels daily.
16 January 2026
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Wall Street futures rise as chip stocks jump; here’s the U.S. economic calendar today

Wall Street futures rise as chip stocks jump; here’s the U.S. economic calendar today

U.S. stock index futures climbed Friday, driven by gains in memory-chip stocks as traders eyed upcoming factory data and Federal Reserve comments. By 5:52 a.m. ET, Dow E-minis had added 47 points, S&P 500 E-minis gained 20, and Nasdaq 100 E-minis jumped 148.25. Micron surged 6.4% in premarket trading, with Western Digital up 4.9% and Seagate rising 4.1%. Meanwhile, J.B. Hunt Transport Services dropped nearly 5% after reporting a decline in quarterly revenue. Investors are also awaiting December industrial production figures set for release later this morning.
16 January 2026
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AI stocks pop before the bell as TSMC lifts Nvidia, AMD and chip peers

AI stocks pop before the bell as TSMC lifts Nvidia, AMD and chip peers

AI chip stocks pushed higher in premarket Friday, boosted by names connected to data-center investment. Nvidia climbed 2.1% to $187.05, AMD picked up 1.9% to $227.92, and Taiwan Semiconductor Manufacturing Co’s U.S.-listed shares surged 4.5% to $341.64. ASML advanced 5.4%, while Broadcom edged up roughly 0.9%.
16 January 2026
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Gold price slips from record highs as U.S. data lifts dollar, Fed meeting looms

Gold price slips from record highs as U.S. data lifts dollar, Fed meeting looms

Gold prices dipped again on Friday, following a slide from the day before as robust U.S. economic data boosted the dollar and cooled appetite for safe-haven assets. Spot gold dropped 0.3% to $4,603.02 an ounce by 0918 GMT. Meanwhile, February U.S. gold futures slipped 0.4% to $4,606.70. “There was a lot of momentum in the market, which seems to have faded slightly,” said Julius Baer analyst Carsten Menke.
16 January 2026
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UK stock market today: FTSE 100 stalls near record as miners slip, defence shares rise

UK stock market today: FTSE 100 stalls near record as miners slip, defence shares rise

London’s FTSE 100 held steady at 10,236.58 points by 0955 GMT Friday, held back by falling metal prices that weighed on miners after the index hit a record high the day before. Defence stocks climbed amid renewed Russia-Ukraine tensions, while Pearson dropped following a Barclays downgrade. Meanwhile, Britain’s Office for National Statistics is reportedly preparing contingency plans that could push back a revamped labour market survey until May 2027, according to a Bloomberg report.
16 January 2026
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Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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