Articles by Daniel Marsh
IT Stocks Drive Nifty Recovery Despite Oil Surge and Foreign Selling
Indian shares rebounded on Tuesday as IT stocks surged, offsetting oil price gains and foreign outflows. Nifty 50 rose 0.18% to 23,425.40. Infosys, TCS led gains.
Digital Brands Group Soars 73% on $125M GCC Order Update, Dilution Risk Looms
DBGI stock jumped 73% to $0.84 after revealing initial orders from its GCC deal and a $125M U.S. program. After-hours trading pushed shares to $1.17.
Ondas Shares Rise on $110M Order Update; Supply Concerns Linger
Ondas Inc. shares rose 1.82% after reporting over $30 million in May orders, pushing Q2 orders above $110 million. The company raised its 2026 revenue target to at least $390 million.
Nebius Shares Soar After Nvidia Nod, AI Cloud Sector Rallies
Nebius shares jumped 14.5% after Nvidia CEO Jensen Huang highlighted the company's rapid growth. The rally lifted AI cloud stocks broadly.
Abivax shares drop despite positive Phase 3 results for ulcerative colitis drug
Abivax shares plunged 33.7% after hours despite obefazimod achieving clinical remission in over 50% of patients in a Phase 3 trial. The company plans to submit an FDA application in late Q4 2026.
Ford Shares Drop 4.6% as Energy Storage Takes Center Stage
Ford shares plunged 4.6% to $16.63, halting an eight-day rally, as trading volume surged. Investors pivot to Ford Energy after a major battery-storage deal with EDF.
Mortgage Rates Remain Elevated, Dampening Spring Housing Market Activity
U.S. mortgage rates remain in the mid-6% range, with the 30-year fixed at 6.53%, stifling spring home sales. Applications dropped 8.5% and new home sales fell 6.2% in April.
Rivian R2 Deliveries Begin, Stock Rises as Market Eyes June 9
Rivian stock rose 3.9% to $16.95 as investors anticipate the first R2 SUV deliveries on June 9. The company faces profitability challenges and a regulatory probe.
Starfighters Space Soars Amid Sector Decline; Capital Infusion Fuels Rally
Starfighters Space shares jumped 29% on a $17.5 million equity deal, even as the company faces no revenue, a $26 million lawsuit, and going-concern doubts.


