Today: 5 July 2026

India’s retail traders pivot from equity options to crude oil bets as MCX energy trade jumps

India’s retail traders pivot from equity options to crude oil bets as MCX energy trade jumps

On India’s Multi Commodity Exchange, crude oil and natural gas options have overtaken gold and silver in popularity, accounting for 65% of options premium turnover so far this month through Jan. 23, according to data cited by Mint. Between Nov. 1 and Jan. 23, energy contracts saw about 2.89 trillion rupees in options premium turnover, compared to 1.84 trillion rupees for bullion. https://www.livemint.com/market/stock-market/energy-pips-bullion-for-retail-traders-on-mcx-11769732032759.html India’s retail trading pivot is notable because tighter rules now clamp down on equity futures and options, pushing some traders to hunt for more liquid alternatives. According to The Economic Times, commodities are regaining traction amid a stagnant Indian equity market. Gold and silver are hitting record highs, MSCI India is trailing global peers, and foreign investors are pulling out. https://economictimes.indiatimes.com/prime/money-and-markets/why-commodities-are-stealing-the-spotlight-from-equity-derivatives/primearticleshow/127698363.cms
30 January 2026
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AXS launches bill-payment rewards in Singapore, teasing S$88 “mystery box” vouchers

AXS launches bill-payment rewards in Singapore, teasing S$88 “mystery box” vouchers

Singapore, 18:08, January 30, 2026 AXS, the platform that allows users to settle various bills in one spot, has introduced AXS Rewards. The new programme awards “AXS Coins” for bill payments made via its mobile app, which users can then use to offset future bills. To kick things off, AXS is running a promotion featuring a guaranteed-win “mystery box” containing vouchers valued up to S$88. https://www.marketing-interactive.com/axs-launches-rewards-programme-to-make-everyday-bill-payments-more-rewarding
30 January 2026
Lululemon stock slides again as charm push draws heat ahead of CEO exit

Lululemon stock slides again as charm push draws heat ahead of CEO exit

New York, Jan 30, 2026, 04:54 EST — Premarket Lululemon Athletica shares dropped 4.3% on Thursday, marking a third consecutive day of losses as investors digest fresh criticism of the company’s product strategy and an impending leadership shuffle. The stock closed at $172.54, lagging behind competitors like Nike, even as major U.S. indexes showed little movement.
30 January 2026
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Bank of America (BAC) stock faces a new test after price-target cuts and $50.58 chart level

Bank of America (BAC) stock faces a new test after price-target cuts and $50.58 chart level

TD Cowen lowered its price target on Bank of America to $64 from $66 but kept a buy rating, following the bank’s quarterly results. The broker highlighted management’s forecast that revenue will exceed expenses by about 200 basis points — roughly two percentage points — in fiscal 2026, according to a summary of brokerage notes. Analyst Steven Alexopoulos at TD Cowen said the bank’s revenue growth outlook remains solid. Meanwhile, Keefe, Bruyette & Woods cut its target to $63 from $64, and Truist Securities dropped theirs to $60 from $62, citing revised credit-loss assumptions and slower expected share buybacks. When investors mention operating leverage, they’re typically referring to that gap between revenue and costs. It’s crucial since banks might report better-than-expected earnings in a quarter but still falter in the market if future expenses threaten to eat into upcoming revenue growth.
30 January 2026
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Stock Market Today

  • IREN drops after Russell 1000 debut as investors look at CEO awards
    July 5, 2026, 2:03 PM EDT. IREN Limited (NASDAQ:IREN) fell 10.39% to $38.82 on July 2 after joining the Russell 1000 index on June 26. The stock is down 17.8% for the week, while the Russell 1000 gained 1.8%. Pressure on the shares increased after IREN disclosed it gave big restricted stock units grants to co-CEOs William and Daniel Roberts, worth about 18.2 million shares, or 5.1% of the company. Short-seller Jim Chanos took aim at the size of the awards compared to expected net income. IREN's board cleared the grants, which will vest over four years and are subject to a two-year hold after vesting. The company has also appointed new execs with cloud and infrastructure backgrounds. Investors are watching governance and strategy as interest in IREN's AI cloud plans stays strong.
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