Articles by Daniel Marsh
Iran Conflict Drives Jet Fuel Surge, Squeezing Airline Margins
JetBlue shares plunged 9% after raising its Q2 fuel-cost forecast, highlighting investor fears as the Iran war drives jet fuel prices to record highs and squeezes airline margins.
Ondas Shares Tumble 14% on CEO Share Sale and Acquisition-Linked Supply Concerns
Ondas shares dropped 14.5% after CEO Eric Brock's insider sale and a resale filing for acquisition-related shares raised supply worries, even as the company announced defense contract wins and strong order momentum.
Verizon Taps Deutsche Telekom Veteran to Lead Network, Tech Amid Retail Struggles
Verizon hires ex-Deutsche Telekom exec Abdu Mudesir to lead network and tech as CEO Dan Schulman pushes a turnaround. Retail wait times and customer satisfaction remain challenges.
London Stock Exchange Updates Official List; Cordiant Digital Infrastructure Set for FTSE 250 Inclusion
London Stock Exchange updates Official List; Cordiant Digital Infrastructure set to join FTSE 250. Vodafone and Sainsbury's lead FTSE 100 decline on ex-dividend trading.
Broadcom Plunge 13% After Hours Sparks Tech Selloff, Dow Drops 621 Points
Broadcom slid 13.7% after hours after missing Q2 revenue estimates and keeping AI-chip sales forecast unchanged, triggering a broader market decline with the Dow falling 621 points.
Nu Holdings Slides on Analyst Downgrades and CFO Succession
Nu Holdings dropped 2.43% to $11.64 after two analyst downgrades in two days, with concerns over falling margins, rising credit costs, and a CFO transition.
Delta Expands Premium Lounge Network at LAX Ahead of 2028 Olympics
Delta Air Lines will launch a second Delta One Lounge at Los Angeles International Airport this summer, boosting premium capacity ahead of new long-haul and domestic routes and the 2028 Olympic Games.
Transocean Stock Dips as Oil Rally Fails to Lift Offshore Driller
Transocean shares slipped 1.2% to $6.18 even as crude oil surged near $100 on Middle East tensions, with investors focused on a new rig contract in Australia and the pending Valaris merger.
SpaceX Starlink Threat Sends AT&T Shares Down 4.4% Amid Fiber Doubts
AT&T shares tumbled 4.4% after Oppenheimer downgraded the stock, warning that SpaceX's Starlink satellite internet could threaten its broadband and mobile growth, despite AT&T's fiber expansion and $250 billion network investment.
Mirion Defies Market Downturn, Nuclear Focus Drives Gains
Mirion shares climbed 1.1% on strong volume as nuclear safety catalysts offset a broad market selloff and mixed earnings signals.
McDonald's Unveils 'NEXT' Strategy to Win Back Diners with Chicken and Automation
McDonald's shares fell 1.1% after unveiling its NEXT strategy, which emphasizes chicken, automation, and value to lure budget-conscious diners. Investors are waiting for financial details as risks of higher costs loom.
Sandisk Hits All-Time High as AI Storage Demand Surges
Sandisk shares soared 8% to a record high on AI storage demand, with Q3 revenue up 97% and data-center sales surging 233%. Morgan Stanley warns memory price hikes are expanding beyond data centers.