Articles by Daniel Marsh
Broadcom Slips 6.5% as Analyst Flags AI Financing Risks
Broadcom shares dropped 6.5% after Rothschild Redburn downgraded the stock to Neutral and slashed its price target by 33% to $398, citing concerns over AI hardware financing risks.
Trucking Rates Surge 11% in Q3 as Producer Inflation Cools
U.S. producer prices rose 0.3% in October, but truck-freight costs climbed 3.9%, extending a three-month surge to about 11%, according to BLS data.
Nebius Capex Plan Reveals $6–11.25B Funding Gap
Nebius Group plans $40–45B capex in 2027, with 75-85% covered by prepayments and financing. The remaining $6–11.25B must come from other sources.
EasyJet Shareholders Endorse Apollo's £5.7bn Takeover
EasyJet shareholders approved Apollo's £5.7bn takeover with 97% support, despite voting restrictions on non-EU shares. The deal now awaits court sanction.
Treasury Yield Spread Tightens to 25 bps as Stocks Resume Trading
U.S. stocks trade on Veterans Day while bonds close; two-year Treasury yields rise 17 bps, narrowing the 10-year spread to 25 bps. CPI data fuels December rate hike speculation.
Nvidia Stock Plunges 6% as Board Probes Security Concerns
Nvidia's stock dropped nearly 6% in premarket trading after its board announced an independent review of reports about a foreign intelligence operation targeting CEO Jensen Huang.
Palantir's Valuation Hits 45x Sales as Commercial Revenue Overtakes Government
Palantir's stock closed Friday at $160.38, implying a 45x sales multiple. Q3 commercial revenue surpassed government, signaling a strategic pivot.
Wall Street Rebounds but Volatility Stays Elevated After Selloff
U.S. stocks pared some of Thursday's steep losses on Friday, but the VIX remains 54% above Wednesday's level, indicating lingering market unease.
JetBlue's Cash Reserves Shrink While Credit Line Remains Untapped
JetBlue's cash and investments fell 34.4% through September, while a $600 million credit line remains untapped. CFO reassures employees no bankruptcy is planned.
Dell Stock Rebounds on AI Server Demand, Valuation Metrics
Dell shares rebounded 5.5% to $334.41, trading at 13.1 times adjusted earnings target. AI server demand and upcoming earnings report drive investor focus.
TSMC ADRs Recover Over Half of Thursday's Selloff
TSMC's US-listed shares climbed 6.94% Friday, recovering 57.5% of Thursday's plunge, but still sit 4.58% below Wednesday's close. Taipei trading also saw a partial rebound.