Articles by Daniel Marsh
Calvin Harris Australia Tour Doubles to Eight Shows, Boosting Live Nation's Ticket Demand Test
Calvin Harris's debut Australia tour doubles to eight shows due to phenomenal demand, testing Ticketmaster's international growth. Live Nation shares rose 0.39% to $169.84.
Dairy Queen's Enchanted OREO Blizzard Not Yet on Official Menu
Dairy Queen has not yet listed the reported Enchanted OREO Blizzard on its official U.S. menu. The verified offer is a $3 small Coffee Cooler through November 1.
Trump Accounts Sold Amazon, Microsoft in July; MSFT Surges 24% Since
Trump-linked accounts sold $5M-$25M each of Amazon and Microsoft on July 20, then partly rebought. MSFT has jumped 24% since, AMZN just 2.1%.
Take-Two Dips as NBA 2K Currency Lawsuit Threatens 84% Recurrent Revenue
Take-Two Interactive (TTWO) slid 1.75% as unsealed testimony in a lawsuit over NBA 2K virtual currency highlighted that recurrent spending drives 84% of its bookings.
Nebius Rises 2.1% Despite $84 Sell Rating as Analyst Targets Diverge by $326
Nebius Group shares climbed 2.1% to $237.60 on Tuesday, shrugging off a new $84 Sell rating from Rothschild & Co Redburn. Analyst targets now range from $84 to $410, a $326 gap.
INEOS to Shut Hull Acetyls Plants on 12x US Gas Costs
INEOS is mothballing its three Hull acetyls plants, Europe's last world-scale units, citing gas costs 12 times higher than in the US. Celanese and Eastman shares gained.
Amazon Earmarks $1.9B for Delivery Network, Stock Dips 0.6%
Amazon will invest $1.9 billion in its contracted delivery network for 2027, raising average driver pay to about $24 per hour. Shares fell 0.6%.
Viking Surges 24% as Monthly VK2735 Retains 85% Weight Loss
Viking Therapeutics (VKTX) soared 24% premarket after monthly VK2735 dosing preserved 85% of prior weight loss, signaling strong potential for its obesity pipeline.
Radisson Mining's 68.24 g/t Gold Hit Lacks Market Reaction
Radisson Mining's shares barely moved after a headline 68.24 g/t gold intercept, as concentration in two one-metre samples and thin trading volume left investors cautious.
Felix & Paul Studios Files Bankruptcy with $34.5M Debt, Assets Sold for $350K
Montreal immersive-media firm Felix & Paul Studios filed for bankruptcy with $34.5M in liabilities. A $350K asset sale preserves five jobs, while National Bank of Canada holds a $3.1M secured claim.
Nvidia Rises 2.3% Ahead of Xi Visit, But AMD and Intel Outshine
Nvidia closed at $227.38, up 2.30%, but underperformed AMD and Intel. The White House will host Xi Jinping on September 24, with Nvidia's guidance assuming zero China data-center revenue.
UK August Borrowing Blows Past Forecast by £3.5B
Britain borrowed £18.3bn in August, £3.5bn more than the OBR expected, lifting the fiscal year-to-date deficit £8.1bn above plan and raising the stakes for the October 28 Budget.