Articles by Daniel Marsh
AMC Surges 9.5% on Record Memorial Day Attendance, June Slate in Focus
AMC Entertainment shares surged 9.49% Friday to $1.73 after reporting over 5 million moviegoers during Memorial Day weekend, its best U.S. attendance stretch of 2026. The stock rallied on strong box office results and a packed June film calendar.
Ford Stock Surges on AI Energy Storage Deal, Analyst Upgrades
Ford shares surged 16.8% in four sessions, fueled by a battery storage deal with EDF and analyst upgrades, as investors eye AI-driven energy demand.
Rivian Shares Surge Ahead of R2 SUV Launch; NHTSA Probe Underway
Rivian shares closed at $16.30, up 7.24%, as the company prepares for R2 customer deliveries starting June 9. Meanwhile, NHTSA investigates potential rear toe-link defects on over 114,000 R1S and R1T vehicles.
Clorox Stock Tumbles as CEO Steps Down for Health Reasons
Clorox shares dropped 6.4% Friday after CEO Linda Rendle said she would step down for health reasons, compounding worries about the company's sales and profit outlook.
Clorox Shares Tumble 6% as CEO Resignation Adds to Investor Worries
Clorox shares dropped 6.4% on Friday after CEO Linda Rendle said she would step down for health reasons, adding to investor concerns about weak sales and a reduced profit outlook.
HSBC Holds Near Peak as London Closes Week Up 1.4%
HSBC shares closed the shortened week up 1.4% in London, near recent highs. Q1 profit before tax was $10.1 billion, with revenue at $19.1 billion.
BAT Shares Slide Ahead of H1 Trading Update
BAT shares fell 2.46% Friday to 4,591p, capping a 5.8% weekly drop, ahead of its Tuesday pre-close update. CEO Marroco will address investors as U.S. regulators signal a softer stance on vape rules.
BP Boardroom Turmoil Deepens as Ousted Chairman Fights Back
BP shares dropped 5.3% last week after chairman Albert Manifold was ousted, triggering reports of deeper boardroom clashes and raising questions about the company's turnaround.
Rolls-Royce Stock Rises for Fourth Day, Faces Key Resistance
Rolls-Royce shares extended gains for a fourth straight session, closing at 1,337.40p. The stock remains below its February high as traders watch upcoming dividend and aviation trends.
Asia Markets Mixed as AI Rally Boosts Japan and Taiwan, India Slips
Asian markets closed mixed on Friday, with Japan's Nikkei surging 2.53% on AI optimism, while India's Sensex fell 1.44% amid inflation concerns. Taiwan raised its 2026 GDP forecast to 9.64%.