Today: 7 July 2026

Winter Storm Fern jolts U.S. power prices above $1,800 as PJM outages jump

Winter Storm Fern jolts U.S. power prices above $1,800 as PJM outages jump

Power plant outages spiked across the eastern U.S. Sunday, sending wholesale electricity prices soaring. PJM Interconnection responded by directing certain customers to reduce consumption as Winter Storm Fern boosted demand and tightened fuel availability. Price swings matter here because they strike utilities just as demand from homes and businesses peaks. Grid operators face the coldest part of the week with tighter margins for mistakes. In natural gas-reliant areas, pipeline bottlenecks and equipment failures can quickly turn a cold snap into a supply crunch.
26 January 2026
Gold finally cracks $5,000 an ounce — what’s fueling the record run

Gold finally cracks $5,000 an ounce — what’s fueling the record run

Gold blasted past the $5,000-an-ounce threshold on Monday, hitting a high of $5,110.50 before pulling back. The precious metal’s sharp rally reflects investors and central banks scrambling for safety amid geopolitical tensions and turbulence in U.S. markets. This shift is significant — it’s no longer a steady climb. Gold’s surge is pulling other precious metals along, pushing dealers and jewellers to adjust prices on their stock nearly every day.
26 January 2026
Brand Engagement Network (BNAI) stock jumps more than 200% in premarket as Africa AI deal stays in focus

Brand Engagement Network (BNAI) stock jumps more than 200% in premarket as Africa AI deal stays in focus

NEW YORK, Jan 26, 2026, 05:02 — Premarket Shares of Brand Engagement Network jumped sharply in early U.S. premarket Monday, signaling another wild day ahead for the Nasdaq-listed microcap. BNAI showed an implied gain of roughly 216% at $52, after closing the previous session at $16.48. Premarket volume hit around 1.0 million shares on one trading platform.
Australian dollar jumps to a 15-month high as rate-hike bets return

Australian dollar jumps to a 15-month high as rate-hike bets return

The Australian dollar surged to its strongest level since September 2024 on Monday, trading close to $0.6917. This spike followed a broad sell-off in the U.S. dollar, triggered by a sharp rebound in Japan’s yen. Thin liquidity, thanks to holidays in Australia and New Zealand, pushed volatility higher throughout the session. The shift matters now because currency markets are juggling two challenges at once: revising interest-rate expectations and reassessing what counts as “safe” assets. When both recalibrations coincide, even small changes in sentiment can trigger sharp moves in exchange rates.
26 January 2026

Stock Market Today

  • DAIHEN Board to Review Treasury Stock Awards, More Pressure on Valuation
    July 7, 2026, 4:50 AM EDT. DAIHEN (TSE:6622) has put a board meeting on the calendar for June 24, 2026, to look at a plan using treasury shares for executive restricted stock awards that would link pay to share price. The stock last traded at ¥17,160, giving it a 28.7x P/E-well above an industry average of 14.5x and peers at 20.8x. Earnings are growing at 6.3% a year, with the latest period showing an 18% jump, but return on equity is only 9.2%. Investors are paying up on hopes for growth, but discounted cash flow estimates say the stock might be expensive. The board's review is drawing more attention to dilution risk and how DAIHEN is handling capital after a strong run for the shares.
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