Articles by Daniel Marsh
Goldman Sachs Shares Slide 3.8% Amid Sector-Wide Retreat Ahead of CPI
Goldman Sachs shares dropped 3.8% to $908.84 Thursday, mirroring a broad decline in financial stocks as markets await Friday's crucial inflation report.
FTSE 100 Retreats from Record High on Weak UK Growth Data
The FTSE 100 closed lower after touching a record intraday high, pressured by disappointing UK economic figures. Schroders shares soared following a major takeover offer from US asset manager Nuveen.
Mortgage Rates Hold Near 6% as Housing Data Dampens Sentiment
Mortgage rates held steady above 6% this week as the housing market shows signs of strain, with existing-home sales declining sharply. Rocket Companies shares fell amid the cautious sentiment.
Lilly Gains on China IBD Drug Approval, Oral GLP-1 Race Heats Up
Eli Lilly shares advanced nearly 2% after securing Chinese approval for its inflammatory bowel disease drug mirikizumab. Investors also await a key U.S. decision on the company's oral weight-loss pill expected in April.
Caterpillar Gains as Argus Boosts Target to $820, Insider Sale Notice Filed
Caterpillar shares advanced 0.6% following a prior surge after Argus Research raised its price target to $820. An insider filed to potentially sell shares worth approximately $9.6 million.
AMD Shares Edge Higher Despite Insider Sale Plans, Market Eyes Inflation and Nvidia
AMD stock rose slightly as CEO Lisa Su filed to sell shares under a prearranged plan. Investors are focused on upcoming inflation data and Nvidia's earnings report.
Apple Shares Dip Amid Mixed China Data and Regulatory Concerns
Apple stock declined over 1% in early trading despite positive January sales data from China, as investors weighed regulatory scrutiny and inflation outlook.
Transocean Surges on $184M Norway Rig Contracts, Valaris Merger Support
Transocean shares rallied 10% after securing $184 million in new Norway rig contracts and gaining key shareholder backing for its planned $5.8 billion all-stock acquisition of Valaris.
Bradesco ADRs Gain in Premarket Amid Insider Share Disclosures
Bradesco's U.S.-listed preferred ADRs advanced approximately 4% in premarket trading following a regulatory filing showing executives sold non-voting shares in January. The stock had risen nearly 3% in São Paulo on Wednesday.
Intel Gains in Premarket as Investors Await Inflation Data
Intel shares rose 0.5% in premarket trading following a 2.5% gain in the prior session, with broader market focus shifting to upcoming CPI figures.
Transocean Gains on $184M Norway Contract Backlog, Valaris Merger in Focus
Transocean shares rose premarket after securing $184 million in new contract backlog for two harsh-environment rigs in Norway. Investors await the company's upcoming earnings and fleet status report.