Articles by Daniel Marsh
SoFi Stock Surges 3% on Small-Business Loan Launch, Outpacing QQQ
SoFi shares gained 3.3% Wednesday, outpacing QQQ and XLF, following its small-business loan launch. KBW kept its Underperform rating and $16 target.
Midday Market: Equal-Weight S&P Outperforms, Tech and Chips Weigh on Nasdaq
U.S. stocks were mixed at midday Wednesday, with the equal-weight S&P 500 outperforming the cap-weighted index by 60 bps. Weak ADP jobs data and a drop in semiconductor stocks weighed on the Nasdaq.
July Social Security Calendar Creates $11.5 Billion SSI Timing Shift
July's six deposit dates pull August SSI cash forward, affecting daily spending and bank balances without changing total benefit income.
Clearwater Analytics Exits NYSE After $8.4B Buyout
Clearwater Analytics (CWAN) delisted from NYSE after its $8.4 billion take-private by Permira and Warburg Pincus closed. Last trade at $24.56, a penny above the $24.55 cash merger price.
Guggenheim Upgrades ServiceNow on AI Selloff Overreaction
ServiceNow shares jumped 3.6% after Guggenheim upgraded the stock to Buy, citing an overdone AI selloff and setting a $125 price target.






