Articles by Daniel Marsh
Wall Street Slumps as Oil Surge, Rising Yields Spark Broad Selloff
The Dow fell 582 points as oil prices surged near $100 and Treasury yields climbed, triggering a broad market selloff. IBM and Salesforce were the biggest drags, while AI chip stocks showed resilience.
Oklo Shares Dive After CEO's Pre-Arranged Stock Sale Disclosure
Oklo shares fell 10% after an SEC filing disclosed CEO Jacob DeWitte sold 200,000 shares under a pre-arranged plan, highlighting investor sensitivity to insider sales despite positive nuclear fuel news.
T1 Energy Expands into Battery Storage with $32M KORE Power Acquisition
T1 Energy (TE) acquires KORE Power for $32 million, entering battery storage and data-center infrastructure. Northland initiates Outperform rating, $16 target.
Grab Shares Tumble Despite Strong Q1 Results as Market Worries Mount
Grab shares slid 5.7% to $3.395 on heavy volume despite strong Q1 results, as investors focused on rising costs, regulatory risks in Indonesia, and market weakness.
Cipher Digital Slips Despite Morgan Stanley Price Target Hike
Cipher Digital shares slipped 1.1% to $26 despite Morgan Stanley raising its target to $53.50, as investors weigh AI data-center growth against bitcoin weakness and construction risks.
Intuitive Machines Plunges 15% on $500M ATM Stock Sale Plan
Intuitive Machines shares fell 15.6% after announcing a $500 million at-the-market stock sale program, raising dilution concerns as the company seeks flexible funding for growth.
Semilux Surges 51% But Nasdaq Delisting Threat Persists
Semilux International shares jumped 51.5% in heavy trading, but the company still faces Nasdaq delisting due to a low bid price and missing its annual report.
Global Payments Plunges After Analyst Cuts Price Target, Growth Forecast
Global Payments shares dropped 9% after Susquehanna slashed its price target to $111 and trimmed growth forecasts, citing travel risks. Mizuho counters that worries are overblown.
Mastercard Shares Slide on Leadership Reshuffle, Stablecoin Expansion
Mastercard shares fell 2.4% to $466.41 after announcing a senior leadership shakeup and new stablecoin settlement options, with trading volume above average.
Wellchange Shares Surge Amid Nasdaq Volatility; Revenue Drops 41.6%
Wellchange (WCT) shares surged over 100% to $2.63 on heavy Nasdaq trading, despite a 41.6% revenue drop and widening net loss. Three volatility halts paused trading as the stock outperformed a down market.