Articles by Daniel Marsh
July SSI Payment Shift Boosts Retail Spending, But Risks August Slump
A calendar quirk gives SSI recipients an extra July payment, pulling $5.7B of August spending forward. Retail investors expect a late-July sales spike, followed by a likely August slowdown.
BlackBerry Soars 8.6% as QNX Strength Fuels Rally, Valuation Scrutiny
BlackBerry jumped 8.6% to $12.39 on heavy volume, adding $2.1B in market cap from a $10M guidance bump. The rally raises questions about buyback costs and valuation.
Tesla Surge Powers QQQ as Q2 Delivery Estimates Take Center Stage
Tesla shares surged 5.9% to $402.28, adding roughly $80 billion to its market cap and contributing 0.18 percentage points to QQQ's gain. Investors focus on Q2 delivery estimates.
Rocket Lab Acquires Iridium in $8 Billion Cash-and-Stock Deal
Rocket Lab (RKLB) to acquire Iridium (IRDM) for $8 billion in cash and stock, gaining a profitable satellite network and spectrum. Iridium shareholders to receive $54 per share.







