Today: 25 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.

Trump’s 2026 tax refunds look bigger — but a smaller IRS could blunt the boost

Trump’s 2026 tax refunds look bigger — but a smaller IRS could blunt the boost

Americans are expected to receive tax refunds totaling $65 billion more than last year under President Trump’s new tax law, with most benefits going to higher earners. The IRS faces a 27% workforce cut and complex new rules, raising concerns about slower payouts. Economists warn the larger refunds may not boost consumer spending evenly. The expanded state and local tax deduction phases out for top incomes.
9 February 2026
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Mortgage rates near 6% again: latest 30-year refinance numbers for Feb. 9, 2026

Mortgage rates near 6% again: latest 30-year refinance numbers for Feb. 9, 2026

Average U.S. 30-year fixed mortgage rates hovered near 6.2% this week, with refinance rates slightly higher, according to Bankrate and Zillow. Demand for new loans remains muted as rates have not fallen below the key 6% threshold. High home prices continue to limit affordability, especially in major cities. Lenders report that refinancing is attractive mainly when borrowers can cut rates by a full percentage point.
9 February 2026
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FedEx joins Advent in $9.2 billion InPost buyout to take parcel locker group private

FedEx joins Advent in $9.2 billion InPost buyout to take parcel locker group private

A consortium led by Advent International and FedEx has agreed to buy InPost for €15.60 per share in cash, valuing the company at about €7.8 billion. The price is about 50% above InPost’s January 2 closing level. Advent and FedEx will each hold 37% after settlement, with CEO Rafał Brzoska’s A&R at 16% and PPF at 10%. The deal requires at least 80% shareholder acceptance and regulatory approval.
9 February 2026
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Uber’s new ride-booking kiosks and Adyen expansion spotlight fintech’s 2026 embedded-finance push

Uber’s new ride-booking kiosks and Adyen expansion spotlight fintech’s 2026 embedded-finance push

Adyen and Uber expanded their payments partnership to include physical kiosks and new markets, with the first kiosk at New York’s LaGuardia Airport. The deal adds processing in the UAE, Hong Kong, Caribbean, and local acquiring in Japan, Mexico, New Zealand, and Australia. Banks and fintechs are also increasing investment in embedded payments and automation. Industry analysts note a shift toward specialist providers as AI and real-time payment systems grow.
9 February 2026
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South Korea’s watchdog flags tougher crypto rules after Bithumb’s $40 billion bitcoin giveaway

South Korea’s watchdog flags tougher crypto rules after Bithumb’s $40 billion bitcoin giveaway

South Korea’s financial watchdog called for stricter crypto rules after Bithumb mistakenly credited customers with over $40 billion in bitcoin. Bithumb said it recovered 99.7% of the 620,000 bitcoin distributed in error and blocked withdrawals within 35 minutes. Bitcoin prices on Bithumb briefly plunged 17% before stabilizing. Regulators are considering deeper inspections of crypto exchanges.
9 February 2026
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RELX share price today: Stock steadies in early London trade as earnings loom

RELX share price today: Stock steadies in early London trade as earnings loom

RELX shares rose 0.3% to 2,152 pence by 0804 GMT Monday, remaining close to their 52-week low ahead of full-year results due Feb. 12. Investors are watching for signs of how AI adoption is affecting RELX’s subscription-based business and pricing power. Market sentiment remains fragile, with short-term flows and risk appetite shifting away from crowded tech trades.
9 February 2026
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HSBC share price ticks up in London as Asia rally and results countdown focus traders

HSBC share price ticks up in London as Asia rally and results countdown focus traders

HSBC shares rose 0.5% to 1,311.8 pence in early London trading Monday, nearing a 52-week high ahead of annual results due Feb. 25. The bank’s Hong Kong stock climbed 3.2% to HK$139.10. Market sentiment was buoyed by gains in Asia after Japan’s election and a rebound in U.S. chip shares. Investors are watching for HSBC’s guidance on capital returns and outlook amid shifting rate expectations.
9 February 2026
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Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell’s U.S. shares closed at $75.29, up 0.8% Friday, as Brent crude fell 1% to $67.38 after the U.S. and Iran agreed to continue nuclear talks. Shell reported Q4 adjusted earnings of $3.3 billion, missing forecasts, but raised its dividend 4% and began a $3.5 billion buyback. CEO Wael Sawan cited $26 billion in free cash flow and $45.7 billion net debt. Shell paused new investment in Kazakhstan amid $16.5 billion in disputes.
9 February 2026
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Glencore share price in focus before London open as copper firms and gold tops $5,000

Glencore share price in focus before London open as copper firms and gold tops $5,000

Glencore shares closed at 478.10 pence in London Friday, up 2.85 pence, while its Johannesburg line fell to 104.61 rand by early Monday. Gold rose 1.3% to $5,025.97 an ounce and copper gained 0.40% to $13,046.50 a ton as the dollar weakened. Glencore will report full-year results on Feb. 18. Traders are watching metals and currency moves ahead of U.S. jobs and inflation data this week.
9 February 2026
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Hongkong Land stock rebounds in Singapore as buybacks stay in play ahead of March results

Hongkong Land stock rebounds in Singapore as buybacks stay in play ahead of March results

Hongkong Land Holdings rose 1.8% to $8.33 in Singapore by 3:19 p.m. Monday, with 3 million shares traded. The company disclosed buybacks of 170,000 shares each on Feb. 4 and 5 at prices above current levels. Hongkong Land recently launched a S$8.2 billion Singapore property fund and expanded its buyback program to $650 million. Investors await its 2025 results on March 5.
9 February 2026
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Jardine Matheson stock rises in Singapore as Indonesia steps up Martabe mine talks — what to watch next

Jardine Matheson stock rises in Singapore as Indonesia steps up Martabe mine talks — what to watch next

Jardine Matheson shares rose 1.1% to $76.54 in Singapore afternoon trade as investors watched for updates on Indonesia’s Martabe gold mine, whose permits were revoked after deadly floods. Astra, majority-owned by Jardine, controls Agincourt Resources, operator of the mine. Astra shares fell 1.5% in Jakarta. Jardine’s full-year results are due March 10.
9 February 2026
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Singtel share price rises as DC Tuas opens and cyberattack disclosure keeps telcos in focus

Singtel share price rises as DC Tuas opens and cyberattack disclosure keeps telcos in focus

Singtel shares rose 0.8% to S$4.76 by mid-afternoon Monday after opening its new 58-megawatt DC Tuas data centre, with over 90% capacity committed before launch. Singapore authorities said espionage group UNC3886 targeted all four local telecom operators last year, exfiltrating some technical data but causing no service disruption. Singtel’s next earnings report is due Feb. 18.
9 February 2026
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Stock Market Updates

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

Micron, Qualcomm lift chip stocks after hours as Nasdaq slips

25 June 2026
Micron soared 16.34% after hours as customers locked in nearly $100 billion in future supply obligations—about 2.4 times its latest quarterly revenue—fueling a $400 billion surge in chip stocks and reversing the tech selloff that erased over $1 trillion from the Nasdaq 100 this week.
Western Digital falls after AI-storage rally, investors look to Micron

Western Digital falls after AI-storage rally, investors look to Micron

25 June 2026
Western Digital (NASDAQ:WDC) shares dropped about 4% after a multi-week rally fueled by AI storage demand, as investors awaited Micron Technology’s earnings for new signals on enterprise storage spending; analysts cite a persistent hard-disk supply deficit that could support pricing into 2027, with Morgan Stanley raising its price target to $650.
BlackBerry falls with volume outpacing buyback plan ahead of earnings

BlackBerry falls with volume outpacing buyback plan ahead of earnings

25 June 2026
BlackBerry closed down 2.3% at $8.62 despite Stifel initiating coverage with a Buy and $12 target—39% above the close—while trading volume of 38.3 million shares far exceeded its entire buyback authorization, highlighting investor focus ahead of Thursday’s Q1 results and underscoring the limited impact of BlackBerry’s capital return plan.
Opendoor slides after landing in Russell 3000, liquidity and dilution concerns follow

Opendoor edges up before Russell 3000 move, soft housing numbers weigh

25 June 2026
Santos shares closed down 0.96% at A$7.24 after Brent crude slumped US$3.34 to US$73.74, cutting potential annual gross sales from its new Pikka project by about US$50 million at plateau rates; Pikka’s ramp to 80,000 barrels per day is key, as oil price swings now have a direct impact on Santos’ production-linked revenue and its US$2.5 billion net debt reduction target.
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