Articles by Daniel Marsh
GSK's $10.6B Nuvalent Bid Drives Stock Near Offer Price
Nuvalent shares jumped 38.9% to $122.93 after GSK's $10.6 billion buyout offer, as investors bet on the deal closing with two lead lung-cancer drugs under FDA review.
AT&T Shares Edge Up as $45B Payout Plan and 2026 Guidance Hold Steady
AT&T shares edged up pre-market after reaffirming 2026 targets and a $45B+ payout plan, providing a cash-flow marker as satellite broadband competition looms.
GSK Acquires Nuvalent for $10.6B in Oncology Push Ahead of HIV Patent Cliff
GSK buys Nuvalent for $10.6B, paying a 40% premium, to strengthen its oncology portfolio and offset upcoming HIV drug patent losses.
Grab's Growth Strategy in Focus with New Singapore Merchant Program and Taiwan Entry
Grab shares remained near flat in pre-market trading after announcing a Singapore merchant program and Taiwan partner commitments, as investors assess growth initiatives against regulatory and margin risks.
CCSC Surges Premarket as Nasdaq Compliance Deadline Nears
CCSC Technology International Holdings surged 315% in premarket trading to $1.99, approaching Nasdaq's $1 minimum bid price just days before its June 15 compliance deadline.
Core AI Stock Skyrockets 474% in Premarket on AI Rally
Core AI Holdings shares jumped 474% in premarket trading on heavy volume, riding a wave of AI stock momentum, but the company faces a going-concern warning and significant funding challenges.
Plug Power Stock Hovers Near $3 as Shareholder Meeting Looms
Plug Power stock hovers near $3.19 as traders focus on cash and dilution risks ahead of the June 11 shareholder meeting.
Nu Holdings Shares Edge Higher on $1B Buyback, Credit Worries Linger
Nu Holdings shares edged up 0.7% in pre-market trading Tuesday, recovering slightly from Monday's 3.1% drop, as investors weighed a $1 billion buyback against ongoing concerns over credit costs, margin compression, and a CFO transition.
Keel Infrastructure Stock Rises on $400M AI Data Center Convertible Note Deal
Keel Infrastructure shares rose 3.18% premarket to $5.84 after upsizing its convertible note offering to $400 million to fund AI data center pivot.
Tech Futures Climb as Investors Eye Key Inflation Data
Nasdaq 100 futures gained 0.76% premarket as buyers returned to tech stocks, but looming May CPI data could challenge the recovery if inflation runs hot.
Applied Digital Shares Surge on $5.2B AI Data Center Lease Deal
Applied Digital shares rose 8.7% after-hours after signing a 15-year, $5.2 billion lease for its Delta Forge 2 AI data center, lifting total contracted lease revenue to $36 billion.