Articles by Daniel Marsh
T1 Energy Shares Dip After $32M KORE Power Acquisition
T1 Energy stock slipped 1.3% premarket after unveiling a $32M acquisition of KORE Power, targeting growth in battery storage and AI data-center markets.
National Grid Summer Aid Events Target Rising Massachusetts Power Bills
National Grid kicks off customer-assistance events in Worcester to offset summer electricity costs, pairing bill relief with grid upgrades ahead of expected high demand.
Opendoor CEO Urges Shareholders to Vote Amid Proxy Fight Ahead of Russell 3000 Inclusion
Opendoor shares dipped 0.92% to $5.36 premarket as CEO Kaz Nejatian pushes for shareholder votes before a June 11 proxy fight, with ISS and Glass Lewis opposing him. The stock's upcoming Russell 3000 inclusion adds a technical catalyst.
Opendoor CEO Urges Shareholder Votes Amid Proxy Fight, Russell 3000 Inclusion Looms
Opendoor stock dipped 0.92% premarket as CEO Kaz Nejatian urged shareholders to vote before a June 11 proxy fight, with ISS and Glass Lewis recommending against him. The company's pending Russell 3000 inclusion on June 26 adds a technical catalyst.
American Airlines Suspends Pittsburgh-Los Angeles Flights Amid Fuel Cost Surge
American Airlines (AAL) suspends daily Pittsburgh-Los Angeles flights from Aug. 5 to Oct. 4 due to high jet fuel costs, trimming a key West Coast route as fuel expenses surge over $4 billion.
Ford Recall Overshadows CFO's UBS Conference Appearance
Ford recalls 420,000 SUVs over seat-belt issue, shares slide 2.89% ahead of CFO Sherry House's UBS conference appearance.
Partners Group Shares Tumble After Capping Withdrawals on $8.6B Fund
Shares of Partners Group fell 16% after the firm capped withdrawals on its $8.6B Global Value SICAV fund, as redemption requests hit 9.8% of NAV, nearly double the 5% quarterly limit.
Futures Mixed as Oil Surge Tests Wall Street Records, AI Stocks Rally
U.S. stock futures were mixed Wednesday as a sharp rise in oil prices fueled inflation worries, checking Wall Street's record run. AI stocks rallied after Nvidia's endorsement of Marvell Technology.
Ondas Shares Dip Despite Navy Contract Win as Insider Sale Weighs
Ondas shares slipped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares for tax withholding, overshadowing a $4.8 million U.S. Navy contract win and a robust $457 million backlog.
Plug Power Monetizes $39M Tax Credit, Investors Eye Liquidity
Plug Power converted a federal clean-energy tax credit into $39.2M in cash, providing near-term liquidity relief. Shares held at $4.09 premarket after a 3.81% gain.
London stocks dip as oil surge, weak services data weigh
UK equities slipped as rising oil prices and weak services data offset gains from B&M and Howden Joinery.
Nubank Stock Tumbles on CFO Change and Credit Quality Fears
Nu Holdings shares dropped 8.16% after the company named former Visa executive Rob Livingston as CFO and BofA Securities downgraded the stock, highlighting credit quality risks.