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.

Edinburgh Hogmanay power cuts: Grassmarket pubs warn blackouts could hit New Year rush

Edinburgh Hogmanay power cuts: Grassmarket pubs warn blackouts could hit New Year rush

NEW YORK, Jan 1, 2026, 04:12 ET Hospitality businesses in Edinburgh’s Grassmarket warned that repeated power outages in the Old Town risked disrupting Hogmanay celebrations, after electricity supply tripped again on Dec. 31, operators and the local network company said. (https://news.stv.tv/east-central/repeated-power-blackouts-hampering-festive-trade-at-edinburgh-pubs) The concern comes as Edinburgh relies on New Year’s Eve trade tied to Hogmanay, Scotland’s traditional year-end celebration that draws crowds to the city centre and packs pubs and restaurants. For operators, even short outages can force closures because fridges, lighting, kitchens and card machines stop working, turning busy service into lost bookings and wasted stock. Some businesses lost
1 January 2026
TeraWulf stock in focus after KBW upgrade, $1.3B Texas data-center debt deal

TeraWulf stock in focus after KBW upgrade, $1.3B Texas data-center debt deal

NEW YORK, January 1, 2026, 04:18 ET — Market closed Shares of Nasdaq-listed TeraWulf Inc rose nearly 3% in the last U.S. session after Keefe, Bruyette & Woods upgraded the company and more than doubled its price target, keeping its pivot beyond bitcoin mining in focus. The stock ended Wednesday at $11.49, after ranging between $11.07 and $11.88 on volume of about 19.4 million shares. The upgrade matters because investors are increasingly trying to value some crypto miners less like pure commodity plays and more like digital infrastructure operators. That can shift the narrative from daily bitcoin price swings to
Visa stock today: $500 million escrow move reshapes share conversion math as markets shut

Visa stock today: $500 million escrow move reshapes share conversion math as markets shut

NEW YORK, January 1, 2026, 04:10 ET — Market closed Visa Inc (V) said it adjusted conversion rates for its class B shares after a $500 million deposit into a U.S. litigation escrow account, a filing showed. Visa shares last closed down 0.8% at $350.71, after trading between $350.71 and $355.13; the stock has ranged from $284.20 to $374.12 over the past 52 weeks. The disclosure matters because the conversion rate is the math that governs how many class A shares get issued if the company’s class B shares convert. A lower rate means fewer shares would be issued, reducing
Corcept Therapeutics stock tanks 50% after FDA relacorilant setback — what’s next for CORT

Corcept Therapeutics stock tanks 50% after FDA relacorilant setback — what’s next for CORT

NEW YORK, January 1, 2026, 04:13 ET — Market closed Corcept Therapeutics Incorporated shares last closed down 50.4% at $34.80 on Wednesday. Yahoo Finance The selloff followed news that the U.S. drug regulator will not approve relacorilant in its current form for an expanded use tied to a rare hormonal disorder. The decision matters now because relacorilant was the company’s near-term bid to broaden its cortisol-modulation franchise beyond its existing product line, and investors had been bracing for a pivotal regulatory readout into year-end. A setback at the FDA can reset timelines and raise costs, forcing Wall Street to reprice
ITC share price tumbles on new India cigarette tax — what investors watch next

ITC share price tumbles on new India cigarette tax — what investors watch next

NEW YORK, January 1, 2026, 03:07 ET — Market closed ITC Ltd (ITC.NS) fell sharply on Thursday, with the stock last down 8.9% at 367.10 rupees after India notified a higher excise duty on cigarettes. The shares traded between 402.30 and 362.70 rupees. mint The tax shock matters because it feeds directly into retail cigarette prices, and higher prices can curb consumption. Investors also watch whether the gap between legal and illegal prices widens, lifting the illicit market and squeezing reported volumes. India’s finance ministry late on Wednesday set an excise duty — a tax charged on specific goods —
Axsome stock jumps 23% after FDA sets April 30 deadline for Alzheimer’s agitation review

Axsome stock jumps 23% after FDA sets April 30 deadline for Alzheimer’s agitation review

NEW YORK, January 1, 2026, 03:20 ET — Market closed Axsome Therapeutics Inc shares jumped 22.9% to $182.64 in Wednesday’s session, after touching $184.40, with about 3.1 million shares traded. The CNS drugmaker said the U.S. Food and Drug Administration accepted and granted priority review to its supplemental new drug application for AXS-05 (dextromethorphan-bupropion) — marketed as Auvelity for major depressive disorder — for agitation in Alzheimer’s disease, setting an April 30 action date. “Up to 76% of people with Alzheimer’s disease experience agitation, representing a significant unmet medical need,” Chief Executive Herriot Tabuteau said. GlobeNewswire The priority review gives
INBS stock whipsaws after Intelligent Bio Solutions lines up $10 million funding

INBS stock whipsaws after Intelligent Bio Solutions lines up $10 million funding

NEW YORK, January 1, 2026, 03:10 ET — Market closed Intelligent Bio Solutions Inc said late Wednesday it will raise about $10 million in a private placement, sending its shares lower in after-hours trading after a sharp rally earlier in the session. The financing lands as the micro-cap medtech company pitches a faster path to scale for its fingerprint-based drug screening reader, with management pointing to lower production costs and higher profitability ahead of a planned U.S. market entry. Private placements are a common funding route for small companies, but they can dilute existing shareholders — meaning each share represents
Icahn Enterprises (IEP) stock ends 2025 with a pop — here’s what investors are watching next

Icahn Enterprises (IEP) stock ends 2025 with a pop — here’s what investors are watching next

NEW YORK, January 1, 2026, 03:09 ET — Market closed Icahn Enterprises’ depositary units last climbed 3.4% in the final trading session of 2025, bucking a broader year-end slide in U.S. stocks. The units settled at $7.55 on Wednesday. MarketWatch The move matters because liquidity is thin around year-end, and investors are repositioning into the first full session of 2026 after markets shut for New Year’s Day. That can amplify swings in smaller, higher-yield names. MarketWatch+2New York Stock Exchange+2 Attention has also centered on a recent disclosure tied to Icahn Enterprises’ quarterly distribution. A filing showed controlling unitholder Carl Icahn
Li Auto stock in focus after December deliveries; traders eye Nio, XPeng and Tesla next

Li Auto stock in focus after December deliveries; traders eye Nio, XPeng and Tesla next

NEW YORK, January 1, 2026, 03:16 ET — Market closed Li Auto Inc (2015.HK) (LI.O) said late Wednesday it delivered 44,246 vehicles in December, as Chinese electric-vehicle makers begin publishing year-end sales tallies. Nasdaq Li Auto’s U.S.-listed shares last closed down 34 cents, or about 2%, at $16.93. U.S. equity markets are closed on Thursday for New Year’s Day, with trading set to resume on Friday. Reuters The monthly delivery prints matter because they are one of the earliest reads on demand, and deliveries often map quickly into near-term revenue in the auto business. They also give investors a timely
Nike stock jumps on CEO’s $1 million buy — what NKE investors watch next

Nike stock jumps on CEO’s $1 million buy — what NKE investors watch next

NEW YORK, January 1, 2026, 03:06 ET — Market closed Nike (NKE) shares ended Wednesday up 4.1% at $63.71 after Chief Executive Elliott Hill disclosed an open-market purchase of 16,388 Class B shares at about $61.10 each, a regulatory filing showed. Under Armour’s two U.S.-listed share classes fell about 3% in the same session. MarketWatch+1 The move came in thin year-end trading as Wall Street closed out 2025 lower, a backdrop that can magnify stock-specific catalysts. Reuters data showed U.S. exchanges saw lighter-than-usual volumes in the holiday-shortened week. Reuters Why this matters now: Nike is trying to rebuild momentum after
Why FICO Stock Is Sliding Today: Fair Isaac Drops in Thin Year-End Trading

Why FICO Stock Is Sliding Today: Fair Isaac Drops in Thin Year-End Trading

NEW YORK, December 31, 2025, 15:39 ET — Regular session. Shares of Fair Isaac Corp (FICO) fell 3.8% to $1,680.01 on Wednesday afternoon, extending a year-end slide for the credit-scoring and analytics firm. The drop matters now because trading has thinned into the final session of the year, when portfolio rebalancing and tax-driven selling can move single stocks quickly. Liquidity — the ability to buy and sell without pushing prices sharply — is typically at its weakest around holiday weeks. Broader U.S. stocks were slightly lower in choppy trade, with technology shares slipping, as investors headed into a New Year’s
Ford stock today: F slips in thin year-end session as traders eye insider filing and Feb. 10 earnings

Ford stock today: F slips in thin year-end session as traders eye insider filing and Feb. 10 earnings

NEW YORK, December 31, 2025, 03:14 PM ET — Regular session Ford Motor (NYSE: F) shares were down about 0.6% at $13.16 in afternoon trading on Wednesday. The stock has ranged from $13.15 to $13.24, with about 16.5 million shares traded. The move matters now because the final session of the year often brings light volumes and portfolio rebalancing, which can exaggerate routine price swings. Thin liquidity — the ease of buying and selling without moving a stock’s price — can sharpen moves in cyclical names like automakers, where sentiment can shift quickly on macro signals and company updates. A
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Stock Market Today

Lloyds share price steadies after buyback update and BoE rate jitters — what to watch next week

Lloyds share price steadies after buyback update and BoE rate jitters — what to watch next week

7 February 2026
LONDON, February 7, 2026, 08:48 GMT — Market closed Lloyds Banking Group shares finished Friday higher after the lender flagged another round of share buybacks, helping to steady the stock at the end of a volatile two-day swing driven by shifting expectations for UK interest rates. With London markets closed for the weekend, the focus moves to Monday’s open and whether rate-cut pricing keeps easing pressure on bank earnings. Lloyds is a UK-focused lender, and investors tend to treat it as a clean play on domestic growth, mortgages and the direction of Bank Rate. That makes the stock quick to
Vodafone shares steady up after Q3 wobble — Germany, buyback and next results now set the tone

Vodafone shares steady up after Q3 wobble — Germany, buyback and next results now set the tone

7 February 2026
Vodafone shares rose 1.47% to 110.60p Friday, recovering part of Thursday’s 4.68% drop after a Q3 update. Group revenue climbed 6.5% to €10.5 billion, but Germany’s 0.7% service revenue growth missed some forecasts. Vodafone launched a new €500 million buyback tranche, bringing total buybacks since May to €3.5 billion. Investors remain focused on Germany’s pace and cash flow execution.
NatWest Group stock: buyback filing and Rightmove mortgage deal set up a busy week

NatWest Group stock: buyback filing and Rightmove mortgage deal set up a busy week

7 February 2026
NatWest shares closed up 1.45% at 659.4 pence Friday, buoyed by a buyback of 797,428 shares and a new digital mortgage deal with Rightmove. The Bank of England held rates at 3.75% but signaled possible cuts, with markets pricing in two reductions for 2026. NatWest plans to expand its Accelerator community to 50,000 members by 2026. Annual results are due Feb. 13.
Unilever share price holds at 5,250p as results week looms — what investors watch next

Unilever share price holds at 5,250p as results week looms — what investors watch next

7 February 2026
Unilever shares closed flat at 5,250p in London Friday, underperforming the FTSE 100’s 0.6% gain. The company issued 4.2 million new shares for employee plans, bringing total shares to over 2.18 billion. Investors await Q4 and full-year results on Feb. 12, with analyst consensus pointing to 3.9% Q4 sales growth. Unilever’s U.S. ADR rose 0.8% to $72.12.
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