Articles by Daniel Marsh
Dow Slides 460 Points as Rising Yields Outweigh Walmart's Drag
The Dow fell 460 points as Treasury yields resumed their climb, with Walmart's 9% drop contributing just 13% of the decline. Broader valuation pressures dominate.
Costco Stock Slips as Medicare Pilot Adds Pressure to Rich Valuation
Costco shares dropped 1.8% as a Medicare pilot with SCAN puts pressure on its 47x valuation. The program could expand its health services reach.
Nike Unveils Pegasus Plus 2 Amid North American Sales Slump
Nike debuts Pegasus Plus 2 as North American sales drop 6.8%, JD Sports warns, stock remains 49% below 52-week high.
Santander-WEBSTER Deal Closes at $78.09 as Trading Volume Hits 15x Average
Santander's acquisition of Webster Financial closed at $78.09 per share, with last-day volume surging to 15 times average. Investors shift focus to integration performance.
SoFi's $22 Target Hinges on Cross-Sell Momentum
Piper Sandler's bullish $22 target for SoFi (SOFI) relies on cross-selling gains, but analysts are cautious about margin expansion.
Treasury Buyback Boost Falls Short as 30-Year Yield Nears 5.34%
The 30-year Treasury yield climbed to 5.217% as $739B Q3 supply outweighs the Treasury's doubled buyback cap. Oil and Fed minutes add pressure.
HSBC Buyback Lifts Shares, Yet Analyst Targets Signal Limited Upside
HSBC shares edged higher on Thursday after a £45.4 million buyback, but the average analyst target of 1,482.88p suggests limited upside. Strong H1 results underpin capital returns.
Cemex Poised for $41M FX Boost as Peso Strength Defies Forecasts
With USD/MXN near 17, Cemex could see a $41 million translation benefit on Mexico EBITDA, as the peso trades well below its H2 planning range.
Boeing Stock Slips 4.7% as Whistleblower Doc Adds to Delivery Pressure
Boeing shares dropped 4.7% in eight sessions, closing at $222.20, pressured by a new whistleblower documentary and July deliveries that lagged Airbus.
M&S Slips 1.2% as Aries Capsule Tests Fashion Recovery
M&S shares dipped 1.2% on the Aries capsule launch, a small test of a broader fashion recovery after a 7.7% sales decline last year.
Apple's iPhone 18 Launch Phasing Could Reshape Quarterly Revenue Mix
Reports suggest Apple will launch premium iPhone 18 models in fall 2026, with base models in early 2027, potentially shifting revenue timing and testing margins.