Today: 30 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.

Why Super Micro Computer stock is sliding: Goldman starts SMCI at Sell with $26 target

Why Super Micro Computer stock is sliding: Goldman starts SMCI at Sell with $26 target

Shares of Super Micro Computer dropped 6.3% to $28.22 Tuesday afternoon following Goldman Sachs analyst Katherine Murphy’s initiation of coverage with a Sell rating. She set a $26 price target, pointing to “limited visibility into improving profitability.” The warning comes as investors, once eager for artificial intelligence hardware, start focusing more on profit margins than just top-line growth. Super Micro’s shares have plunged almost 45% in the last three months, according to a Yahoo Finance report.
13 January 2026
Wall Street slips on JPMorgan warning as December inflation holds at 2.7% — Visa, Mastercard tumble

Wall Street slips on JPMorgan warning as December inflation holds at 2.7% — Visa, Mastercard tumble

U.S. stock indexes slipped on Tuesday as financials dragged after JPMorgan warned that a proposed cap on credit-card interest rates could hit consumers, hammering payment stocks. At 11:28 a.m. ET, the Dow Jones Industrial Average was down 338.22 points, or 0.68%, the S&P 500 fell 0.29% and the Nasdaq Composite dropped 0.21%. Visa slid 4.7% and Mastercard sank 5.3%, and traders still priced in at least two 25-basis-point cuts later this year; “The Fed is likely to take its time and absorb more data,” said Skyler Weinand, chief investment officer at Regan Capital. The fresh inflation data is one of the last big inputs for policymakers and investors before the Federal Reserve meets later this month. With the S&P 500 and Dow hovering near record highs, even a small wobble in rate expectations can spill into valuations, especially for rate-sensitive sectors.
UK jeweller CW Sellors hits insolvency countdown after administrator notice filed

UK jeweller CW Sellors hits insolvency countdown after administrator notice filed

Family-owned British jeweller C.W. Sellors has submitted a notice of intention to appoint administrators, aiming to buy time for a potential rescue deal, TheBusinessDesk reported Tuesday. The Derbyshire-based group has administrators on standby amid struggles with rising costs and losses, according to the report. https://www.thebusinessdesk.com/eastmidlands/news/2106076-administrators-on-standby-as-30m-jeweller-battles-rising-costs-and-losses The filing puts pressure on staff and suppliers at the privately owned retailer, which had about 190 employees according to its latest accounts, Morrish Solicitors said. It continues a trend of UK retailers using insolvency measures to buy time, sometimes just for a few days. https://www.morrishsolicitors.com/cw-sellors-notice-of-intention/
13 January 2026
Snow-hit UK farmers get new charity cash as Plough Sunday brings tractors to cathedrals

Snow-hit UK farmers get new charity cash as Plough Sunday brings tractors to cathedrals

British farming charities rolled out new winter support funds after heavy snow and rising living costs hit agricultural households, with Scotland’s Royal Scottish Agricultural Benevolent Institution launching a 100,000-pound Snow Impact Fund. RSABI chief executive Carol McLaren said: “The start of 2026 has been a very trying time.” The funds target losses and extra costs linked to severe winter weather, from frozen pipes and water supplies to damaged buildings and disrupted stores. McLaren said farmers in hard-hit areas have also helped keep roads open and assisted vulnerable people in rural communities.
13 January 2026
Ofwat warns on South East Water outage as Severn Trent, United Utilities shares fall

Ofwat warns on South East Water outage as Severn Trent, United Utilities shares fall

Shares in London-listed water utilities dropped Tuesday as regulators and politicians ramped up scrutiny on South East Water following a fresh outage that left around 25,000 homes in Kent and Sussex without steady water supply. Severn Trent slid 2.6%, United Utilities lost 1.9%, and Pennon closed down 1.7%. Ofwat, the regulator for water services, said it was “concerned” and plans to review the evidence before deciding if South East Water has met its legal duties on customer care. The latest outages, attributed to Storm Goretti and burst pipes, left some households facing a fourth day without water.
13 January 2026
Adobe stock slides after Oppenheimer downgrade as AI threat looms for ADBE

Adobe stock slides after Oppenheimer downgrade as AI threat looms for ADBE

Adobe shares dropped Tuesday following a downgrade from Oppenheimer, marking another cautious note among recent calls that have pressured the stock this month. By afternoon, shares had fallen 5.7% to $309.02. The downgrade hits at a crucial moment for Adobe, perched on the edge of the AI trade. Investors crave quicker returns from generative-AI features, but analysts are zeroing in on whether these new tools could open the door for competitors to chip away at Adobe’s core business.
EquipmentShare’s $778 million IPO push puts construction-rental tech back in play

EquipmentShare’s $778 million IPO push puts construction-rental tech back in play

Construction tech company EquipmentShare.com filed Tuesday to go public in the U.S., targeting a valuation up to $6.41 billion. It plans to raise as much as $777.75 million by selling 30.5 million shares priced between $23.50 and $25.50 each. https://www.reuters.com/markets/us/construction-tech-firm-equipmentsharecom-aims-raise-7778-million-us-ipo-2026-01-13/ This float stands as an early and significant test in 2026 to see if IPO demand runs deep—or if last year’s surge was merely a short-lived rush on open windows.
13 January 2026
Boeing stock jumps as deliveries hit 7-year high and orders beat Airbus

Boeing stock jumps as deliveries hit 7-year high and orders beat Airbus

Boeing shares jumped 2.6% to $246.04 in Tuesday afternoon trading following the announcement of its highest annual jet deliveries since 2018. The planemaker reported 600 aircraft delivered in 2025, a 72% increase, and net orders—bookings after cancellations—hit 1,075, surpassing Airbus’ 889. Airbus, however, still led in deliveries with 793 jets. Boeing’s finance chief said the company expects to generate positive cash flow in 2026, supported by increased commercial deliveries. Boeing’s cash flow hinges largely on jet deliveries, making the delivery count crucial. The company handed over 600 aircraft in 2025, a sharp rise from 348 the previous year, according to FlightGlobal. By year-end, Boeing’s backlog—the pool of unfulfilled orders—stood at 6,130 jets. FlightGlobal also reported that customers placed orders for 381 787 Dreamliners and 601 737s during the year.
13 January 2026
Bharat Coking Coal IPO pulls in ₹1.1 lakh crore bids as grey-market signals lift debut hopes

Bharat Coking Coal IPO pulls in ₹1.1 lakh crore bids as grey-market signals lift debut hopes

Bharat Coking Coal’s initial public offering closed in India on Tuesday with demand running about 147 times the shares on offer, exchange data showed. The grey market premium — an unofficial price paid in off-market deals before listing — was around ₹11, implying a debut near ₹34 versus the top issue price of ₹23. The scramble comes despite choppy trading in domestic stocks, and it is a sharp test of risk appetite early in 2026. Bids topped ₹1.1 lakh crore for the ₹1,071-crore issue, with applications crossing 90 lakh, exchange data cited by the Economic Times showed. “Scarcity value” and a “monopolistic position” in prime coking coal are pulling investors in, Gaurav Garg, a research analyst at Lemonn Markets Desk, wrote.
13 January 2026
Ingenico’s WalletConnect tie-up brings stablecoin payments to in-store checkout

Ingenico’s WalletConnect tie-up brings stablecoin payments to in-store checkout

Payments terminal provider Ingenico announced Tuesday a partnership with WalletConnect Pay, enabling shoppers to use stablecoins at checkout and bringing crypto-style payments to everyday retail. Stablecoins are digital tokens meant to maintain a stable value, typically pegged to a currency like the U.S. dollar. Until now, they’ve mostly stayed within crypto markets. Still, payments companies are pushing them as tools to speed up transfers and reduce costs, particularly for cross-border payments.
13 January 2026
Ligand Pharmaceuticals stock slides as FDA pushes back Travere’s Filspari decision to April 13

Ligand Pharmaceuticals stock slides as FDA pushes back Travere’s Filspari decision to April 13

NEW YORK, Jan 13, 2026, 14:32 — Regular session Shares of Ligand Pharmaceuticals Incorporated dropped 10.6% to $184.80 in Tuesday afternoon trading. The decline followed an announcement from royalty partner Travere Therapeutics that U.S. regulators extended the review period for its Filspari application, pushing the decision date to April 13. Travere said the FDA classified its latest submission as a “major amendment” but didn’t request additional safety or manufacturing data. LGND shares opened at $196.96 and fluctuated between $175.89 and $206.78.
Why Resolute Holdings Management (RHLD) stock is jumping today — and what to watch next

Why Resolute Holdings Management (RHLD) stock is jumping today — and what to watch next

New York, Jan 13, 2026, 13:48 EST — Regular session Shares of Resolute Holdings Management, Inc. jumped roughly 11% to $234.70 in midday trading Tuesday in New York. The surge followed a regulatory filing detailing a fresh management deal linked to Husky Technologies’ earnings potential. That filing also revealed a planned auditor change for the next fiscal year.
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Stock Market Today

  • Stock Bulls Hold Steady as U.S. Profit Margins Stay High
    June 29, 2026, 9:20 PM EDT. Investors on Wall Street are sticking with stocks even as prices stay high and net profit margins outpace their averages in several sectors. That jump in profitability is giving companies in the U.S. more room to handle economic bumps. Analysts said profit margins remain strong enough to keep equity valuations up, despite chatter about markets running hot.
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