Articles by Daniel Marsh
Pension Boost Offset by Higher Deeming Rates in Australia
Australia's Age Pension increases by A$36.80 for singles and A$55.60 for couples, but higher deeming rates could offset some gains.
SpaceX's Index Rebalance Fails to Lift Stock
SpaceX's stock dipped 1.4% on Friday even as trading volume surged 3.46 times its average during the Nasdaq-100 rebalance. The index weight rises to 2.82%.
Rocket Lab Slides 4.8% as Iridium Deal Faces Regulatory Hurdles
Rocket Lab shares dropped 4.8% Friday after a $1.94B capital raise, with Iridium deal still pending FCC review and shareholder vote.
Greenland Energy Soars 119% on Geopolitical Pact Hopes
Greenland Energy (GLND) jumped 119% after-hours on an unsigned security pact, lifting its implied equity value to $115 million and enhancing its takeover currency for 80 Mile.
James Hardie Shares Slide 8.9% Despite Higher Cash Target
James Hardie (JHX) shares dropped 8.9% after its investor day, even as management raised its FY2027 free cash flow target to $600 million. Market concerns over housing demand and AZEK integration persist.
BBC Secures WRC Rights Deal Through 2029, Financial Terms Undisclosed
BBC Sport will broadcast selected live stages of the World Rally Championship from 2027 to 2029, including the new Rally Scotland, but the rights fee remains undisclosed.
Lloyds' Valuation Priced for 18% Returns: Can It Deliver?
Lloyds shares trade at 1.91x tangible book, implying an 18.3% sustainable return on equity—well above its 2026 guidance. The market is pricing in near-term targets, leaving little room for error.
JPMorgan's AI Integration Deepens, Yet Financial Impact Remains Elusive
JPMorgan's AI rollout reaches 150,000 weekly users, but the bank avoids counting time savings as profit, highlighting the difficulty in measuring AI's financial contribution.
Zero-Down Loans Persist at 6.95% Rates; Monthly Costs Remain Key
Zero-down mortgages remain available through VA and USDA programs, but with rates near 7%, monthly payments are the bigger obstacle than the down payment.
Wallets Gain Ground in Travel Payments, Yet Cards Remain Dominant
Digital wallets are rising in travel payments, but cards still dominate. IATA's 2025 survey shows 28% prefer wallets, up from 20%, while cards hold 72%.
Charter's Cox Integration Starts as Stock Slips 3.9%
Charter's $34.5B Cox acquisition reaches customers, but CHTR shares fell 3.9% on Sept. 18 as investors weigh integration risks and high debt.
Mitsuoka LA1 Roadster Set for Nov. 26 Debut; Mazda MX-5 Link Still Unverified
Mitsuoka will unveil its retro-styled LA1 roadster on Nov. 26, but has not confirmed speculation that it uses a Mazda MX-5 Miata platform. The niche model's impact on Mazda's financials is expected to be minimal.