Articles by Daniel Marsh
Warner Bros. Discovery Stock Inches Closer to Paramount Buyout Price
WBD shares closed at $30.76, 0.78% below Paramount's $31 base offer. The studio delayed 'Gremlins 3' by 321 days to October 2028, as Q2 Studios revenue fell 39%.
Australia Faces A$6B Extra Interest Costs as Yields Stay High
RBC Capital Markets estimates Australia's federal debt-interest costs could rise by A$6 billion over four years, as bond yields remain near 5.3%, adding pressure on the budget and financial markets.
Admiral Shares Dip 0.9% as Job Cut Plan Raises Cost Questions
Admiral shares dropped 0.9% after proposing 500 UK job cuts, part of a £100M efficiency drive, but savings and charges remain undisclosed.
Instacart Expands Dollar General Partnership to 20,000 Stores; CART Shares Dip
Instacart's Dollar General rollout targets 20,000 stores, but CART shares slipped 2.6% as investors await financial details.
Refiners Rally as Trump Weighs Diesel Export Limits
Valero and Marathon Petroleum shares advanced as traders downplay the likelihood of a full diesel export ban, despite record U.S. pump prices and tight distillate inventories.
Palantir Rises 4.4% on FAA Buzz, But ASI Holds Key $875M Contract
Palantir shares climbed 4.4% after Rosenblatt reiterated a Buy, but the FAA's $875M SMART contract is held by Air Space Intelligence, not Palantir.
Mortgage Rates Climb to 6.95%, Pressuring Rocket Shares
Freddie Mac's 30-year mortgage rate jumped to 6.95%, up 19 basis points in a week. Rocket Companies (RKT) shares fell 2.2% to $12.46, near their 52-week low.
UK Budget Proposal: £600 Tax Relief for Workers, 45% CGT for Investors
A reported UK Budget proposal could lift personal allowance by £3,000, saving basic-rate taxpayers £600, but raise capital gains tax to 45%.
Apollo Shares Slip as Fund Redemption Requests Stay Elevated
Apollo shares fell 2.9% as its Debt Solutions fund reported redemption requests at 14.7% of shares, nearly triple the cap, but liquidity coverage remains strong.
McDonald's Stock Still 26% Below Peak as Monopoly Promotion Returns
McDonald's (MCD) trades up 0.4% premarket but remains 26% below its 52-week high. The Monopoly promotion returns Oct. 6, testing traffic amid weak guest counts.
Apple Stock Steady Near Peak as iPhone Settlement Claims Open
Apple opens claims for a $250M iPhone settlement over delayed Siri features. Stock holds near record as payments range $25-$95.