Articles by Daniel Marsh
Communication Sector Stalls as Ad Worries Offset Gains
Communication services stocks lacked momentum entering a holiday-shortened week, with the sector's main ETF finishing essentially unchanged. Heavyweight internet stocks declined while telecom and media names provided some support.
Data Center Stocks Split as Nvidia Dips, Dell and Arista Gain Ahead of Key Data
Data center stocks showed mixed performance Friday, with Nvidia declining 2.2% while Dell and Arista Networks gained over 4%. Markets await Walmart earnings and critical economic data.
Tech Sell-Off Deepens Ahead of Key Fed, Nvidia Events
Major technology stocks retreated sharply ahead of the holiday weekend, with Apple and Nvidia posting significant losses. The sell-off reflects growing investor anxiety over massive AI investments and margin pressures.
Rivian Soars 27% on Strong 2026 Delivery Outlook for R2 SUV
Rivian Automotive shares jumped 26.6% to $17.73 following an optimistic 2026 delivery forecast centered on its lower-priced R2 SUV. U.S. markets are closed Monday for Presidents Day.
Dow Steady After Mild CPI; Fed Minutes, GDP, and PCE Data Ahead
The Dow Jones Industrial Average closed slightly higher Friday at 49,500.93 following a softer-than-expected inflation reading, though it posted a weekly loss of 1.2%. Attention now turns to Federal Reserve minutes and critical economic data due after the Presidents Day holiday.
Lumentum Shares Decline Following Insider Transactions, Market Eyes Fed Minutes
Lumentum Holdings shares dropped 3.55% on Friday, extending losses after hours following SEC filings revealing stock sales by two company insiders. The broader market closed mixed ahead of the Presidents Day holiday.
Exxon Mobil Faces Operational, Legal Headwinds Ahead of Market Reopen
Exxon Mobil shares fell 0.99% to $148.45 Friday, with after-hours trading up 0.3%. The company is investigating an incident at its Beaumont, Texas refinery and saw a legal ruling on a recycling lawsuit.
Western Digital Shares Dip Ahead of Key Fed Data and Inflation Report
Western Digital shares declined 0.9% to $281.58 on Friday amid light trading volume. Investors await Federal Reserve minutes and inflation data this week while monitoring company developments.
J&J Stock Dips After $250K Talc Verdict, Eyes on Appeal and Dividend
Johnson & Johnson shares declined 0.45% Friday following a $250,000 verdict in a talc litigation case. The company intends to appeal, with markets closed Monday for the holiday.
Netflix Shares Rebound Amid Escalating Warner Bros. Takeover Battle
Netflix shares recovered Friday, closing higher after recent declines as Paramount escalates its campaign against Netflix's Warner Bros. agreement through policy appointments and boardroom maneuvering.
Robinhood's January Metrics, Product Keynote to Guide Volatile Stock
Robinhood Markets shares closed sharply higher Friday but face a key test with January metrics due next week and a product keynote in March. The stock remains sensitive to retail trading and crypto volatility.
