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.

Enact Holdings stock jumps 10% as ACT rallies on fresh buyback plan and earnings

Enact Holdings stock jumps 10% as ACT rallies on fresh buyback plan and earnings

Enact Holdings’ stock jumped roughly 10.5% to $44.58 in midafternoon trading, reaching an intraday peak of $44.76 and outperforming its mortgage insurance peers. Radian Group advanced around 2.9%, MGIC Investment climbed about 3.0%, Essent Group added roughly 2.6%, and NMI Holdings rose close to 4.8%. Meanwhile, the S&P 500 ETF slipped about 0.2%.
4 February 2026
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Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Pizza Hut to Close 250 U.S. Stores as Yum’s ‘Hut Forward’ Reset Kicks In

Yum Brands revealed plans to close about 250 underperforming Pizza Hut outlets in the U.S. by mid-2026, executives told analysts Wednesday. This is part of a strategic review that could eventually lead to selling the Pizza Hut chain. The news came alongside quarterly results where Yum beat sales expectations but missed profit targets. https://www.reuters.com/business/kfc-parent-yum-brands-tops-same-store-sales-estimates-diners-seek-value-meals-2026-02-04/
4 February 2026
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Stock Market Today

  • China's DUV Lithography Breakthrough Drives Sharp Decline in Asian AI Hardware Stocks
    July 28, 2026, 6:44 AM EDT. Asian shares dropped steeply as news broke that China has achieved the capability to produce DUV lithography machines, sparking concerns over increased competition for makers of AI hardware. The announcement prompted broad selling pressure, hitting companies in the so-called 'picks and shovels' segment of the AI industry.