Articles by Daniel Marsh
CEG Stock Slides Despite Regulatory Win for Three Mile Island Restart
Constellation Energy (CEG) closed at $254.83, down 3.7%, after a shareholder offering and despite a regulatory win for its Three Mile Island restart plan. Investors face a weekend to digest new stock supply and rate concerns.
Eli Lilly Hits Record Close on Retatrutide Data; Market Awaits Monday
Eli Lilly shares closed at a record $1,131.42 Friday after retatrutide data showed significant reductions in sleep apnea and knee osteoarthritis pain. Investors eye Monday's trade for market reaction.
Realty Income Rises 1.82% Despite Market Selloff and Higher Yields
Realty Income rose 1.82% to $60.84 on heavy volume, bucking a broad market selloff and rising Treasury yields. The stock's 5.3% dividend yield and strong cash flow face a key test from upcoming CPI data and the Fed meeting.
Target Stock Declines Amid Rate Uncertainty Despite Solid Q1
Target shares fell 3.5% this week to $122.57 as strong Q1 results are overshadowed by robust jobs data and inflation fears that could limit Fed rate cuts, pressuring consumer spending.
Nu Holdings $1 Billion Buyback Fails to Stem Share Decline Amid CFO Change and Credit Fears
Nu Holdings shares slid 8.8% to $11.97 despite a $1 billion buyback, as CFO transition worries and credit risks led to a BofA downgrade.
American Airlines Stock Bounces Back as Fuel Costs Loom Large
American Airlines shares rebounded 1.5% to $13.50 on heavy volume after a weeklong slide, as the carrier trims summer flights amid soaring jet fuel costs that could add $4-$5 billion to expenses.
RTX Rises on Analyst Upgrade Amid Broad Market Selloff
RTX Corp. shares rose 0.88% Friday on a Jefferies upgrade, while the S&P 500 plunged 2.64% on rate fears. The company's $271 billion backlog and dividend increase offer support.
Palo Alto Networks Dips Despite Strong Forecast, AI Stocks in Focus
Palo Alto Networks shares slid 2.6% to $272.05 Friday despite raising annual revenue outlook and strong growth, as tech selloff pressures AI stocks.
Home Depot Holds Firm Amid Market Turmoil; Housing Data Awaited
Home Depot gained 0.27% Friday to $310.78, bucking a sharp market decline. The stock's resilience will be tested Monday as markets digest a strong jobs report and rising rate concerns.
STMicroelectronics Retreats After AI-Fueled Rally; ECB Decision Looms
STMicroelectronics stock gave back gains on Friday, dropping 5.85% after a 6.6% weekly surge fueled by raised data-center revenue targets. Investors now await the ECB rate decision and broader AI demand signals.
Chevron Holds Ground Amid Oil Market Tightening, Earnings Season Looms
Chevron shares closed at $187.31 Friday, down 0.55% but up 2.7% since late May. CEO Mike Wirth expects oil to face upward pressure into June and July, with the stock's next move tied to tightening markets and U.S. inventory data.