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 Transocean (RIG) stock is moving: $184 million Norway rig backlog, Valaris deal still in focus

Why Transocean (RIG) stock is moving: $184 million Norway rig backlog, Valaris deal still in focus

Transocean Ltd climbed 1.3% to $6.08 before the bell at 6:13 a.m. EST, after the offshore driller announced firm backlog commitments totaling roughly $184 million for two harsh-environment semisubmersibles in Norway. A regulatory filing showed the Transocean Encourage secured a seven-well extension valued at about $152 million. The Transocean Enabler landed two one-well options totaling $32 million.
12 February 2026
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Nvidia stock rises in premarket as Samsung ships HBM4 memory chips; China rules in focus

Nvidia stock rises in premarket as Samsung ships HBM4 memory chips; China rules in focus

Nvidia edged up nearly 1% ahead of the bell Thursday, with the stock priced at $191.87 after closing at $190.05 the day before. The move came on word from Samsung Electronics that it’s begun delivering its latest HBM4 memory chips—crucial for Nvidia’s AI accelerators. Samsung’s chip division head, Song Jai-hyuk, described customer feedback as “very satisfactory.”
12 February 2026
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Siemens stock jumps 6% after outlook raise as AI data-centre demand lifts mood

Siemens stock jumps 6% after outlook raise as AI data-centre demand lifts mood

Shares of Siemens surged more than 6% on Thursday, after the German industrial giant boosted its yearly profit forecast, riding on stronger-than-expected demand for AI-fueled data-centre infrastructure. “Demand for data centres had considerably exceeded our expectations,” CEO Roland Busch told reporters. Deutsche Bank’s Gael de-Bray labeled it “a promising start to the year.” Still, CFO Ralf Thomas flagged lingering nerves around tariffs and geopolitics, describing investment sentiment as “pretty shaky.”
12 February 2026
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Stock Market Today

  • ASML, U.S. Chip Shares Slide on Report of Chinese DUV Lithography Breakthrough
    July 27, 2026, 11:06 AM EDT. ASML and leading U.S. semiconductor equipment stocks (Applied Materials, Lam Research, KLA Corp) dropped significantly after news emerged that a state-backed company in Shanghai launched mass production of domestically-developed immersion DUV lithography machines. The development challenges ASML's dominant DUV business in China in the face of U.S. export restrictions, fuelling concerns about a domestically oriented chip supply chain in China and weighing on the broader U.S. equipment sector.