Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Venezuela’s bolivar sinks as official dollar price jumps nearly 480% in a year

Venezuela’s bolivar sinks as official dollar price jumps nearly 480% in a year

Venezuela’s central bank set the official exchange rate at 301.37 bolivars per U.S. dollar, up from 52.02 a year ago, while the parallel market rate neared 560. The bolivar has lost nearly 480% of its value over 12 months. Most currency exchanges now occur on crypto-based platforms as U.S. sanctions squeeze oil revenues and limit dollar inflows. Everyday prices increasingly follow the parallel rate, eroding real wages.
3 January 2026
Lockheed Martin stock jumps nearly 3% to start 2026 — contracts, rates and earnings in focus

Lockheed Martin stock jumps nearly 3% to start 2026 — contracts, rates and earnings in focus

Lockheed Martin shares closed up 2.8% at $497.07 on the first U.S. trading day of 2026, outpacing most defense peers. The move followed news of a $328.5 million Pentagon contract for sensor pods to Taiwan. Trading volume was modest, and the stock stayed below its October high. Investors are watching upcoming U.S. economic data and Lockheed’s expected late-January earnings report.
Exxon stock today: XOM ends higher as OPEC+ decision and LNG record sharpen the focus

Exxon stock today: XOM ends higher as OPEC+ decision and LNG record sharpen the focus

Exxon Mobil closed up 1.9% at $122.65 Friday with 14.2 million shares traded. Oil markets await Sunday’s OPEC+ meeting on supply, while U.S. LNG exports hit a record 111 million metric tons in 2025. Golden Pass LNG, a QatarEnergy-Exxon project, is set to begin production in the first quarter. Brent crude settled at $60.75 a barrel, U.S. crude at $57.32.
Occidental Petroleum (OXY) stock climbs on $9.7B OxyChem sale to Berkshire as markets shut for weekend

Occidental Petroleum (OXY) stock climbs on $9.7B OxyChem sale to Berkshire as markets shut for weekend

Occidental closed up 3.06% at $42.38 after completing a $9.7 billion all-cash sale of OxyChem to Berkshire Hathaway. The company published unaudited pro forma financials reflecting the deal and related debt moves. Investors are watching how quickly the proceeds impact debt and shareholder returns. Occidental retained certain legacy liabilities tied to OxyChem.
GE Aerospace stock hits a fresh high as Wall Street turns to earnings and jobs data

GE Aerospace stock hits a fresh high as Wall Street turns to earnings and jobs data

NEW YORK, January 3, 2026, 05:51 ET — Market closed. GE Aerospace shares closed up 4.13% on Friday at $320.75, outperforming aerospace peers and marking a new 52-week high in the first session of 2026. Trading volume was about 4.2 million shares, slightly below its 50-day average, market data showed. MarketWatch The move matters because GE is heading into its next earnings update with the stock at record levels, leaving less room for disappointment in guidance. The company is scheduled to hold its fourth-quarter 2025 earnings webcast on Jan. 22. GE Aerospace Friday’s jump came as U.S. equities opened the
Caterpillar stock today: CAT closes near $600 after a 4.5% jump — here’s what investors watch next

Caterpillar stock today: CAT closes near $600 after a 4.5% jump — here’s what investors watch next

Caterpillar shares jumped $25.54, or 4.46%, to close at $598.41 Friday, trading as high as $599.61. The broader U.S. market also rose, ending a four-day losing streak as industrials and chipmakers rallied. Investors are watching for U.S. jobs and inflation data next week and Caterpillar’s earnings, expected Jan. 29. Wall Street forecasts Caterpillar’s quarterly profit will fall to $4.52 per share from $5.14 a year earlier.
3 January 2026
USA Rare Earth stock jumps nearly 19% to start 2026 — what drove USAR shares

USA Rare Earth stock jumps nearly 19% to start 2026 — what drove USAR shares

USA Rare Earth shares surged 18.9% to $14.15 on Friday, with volume topping 11.2 million, as U.S. stocks rallied to start 2026. The company aims to begin commercial production of neodymium-iron-boron magnets in Oklahoma in the first half of the year. Investors await key U.S. labor data next week and the firm’s next earnings report, tentatively set for February 5.
Kalshi’s inflation prediction market claims to beat Wall Street — scrutiny rises

Kalshi’s inflation prediction market claims to beat Wall Street — scrutiny rises

Kalshi claims its inflation prediction markets outperformed Wall Street forecasts by 40%, but outside analysts question the transparency of its methods and benchmarks. The Bureau of Labor Statistics will release December CPI data on Jan. 13. Prediction market activity hit over $4 billion in weekly trading volume in December, driven by crypto firms and platforms like Kalshi and Polymarket.
3 January 2026
Fluence Energy stock jumps 16% to start 2026 — what’s driving FLNC and what comes next

Fluence Energy stock jumps 16% to start 2026 — what’s driving FLNC and what comes next

Fluence Energy shares surged 16.3% to $23.01 Friday, trading over 6 million shares as investors rotated into utilities and energy. The company forecasts fiscal 2026 revenue of $3.2–$3.6 billion, with 85% of the midpoint covered by backlog. Wall Street remains cautious, with an average analyst price target of $13.54. Broader energy storage stocks also rallied.
Netflix stock slides to start 2026 as Warner deal drama and earnings loom

Netflix stock slides to start 2026 as Warner deal drama and earnings loom

Netflix shares fell 2.97% to $90.99 Friday amid investor concerns over its planned $82.7 billion acquisition of Warner Bros. Discovery’s studio and streaming assets. Warner Bros. Discovery’s board is expected to reject a rival Paramount Skydance bid and stick with Netflix, according to Variety. U.S. stocks were mixed, with the Dow up 0.66% and the Nasdaq down 0.03%. Netflix’s Q4 earnings report is due Jan. 20.
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Stock Market Today

T-Mobile stock price slides into the weekend as Feb. 11 earnings update looms

T-Mobile stock price slides into the weekend as Feb. 11 earnings update looms

7 February 2026
T-Mobile US shares fell 2.2% to $197.39 Friday, underperforming peers ahead of its Feb. 11 earnings and capital markets day. The stock ended 29% below its 52-week high as investors await updated 2026–27 targets from CEO Srini Gopalan. Verizon sued T-Mobile over ad claims, which T-Mobile said it will defend. U.S. jobs and inflation data, delayed by a government shutdown, are due next week.
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