Articles by Daniel Marsh
Redwire Stock Wobbles on Drone Rally, Analyst Targets Lag
Redwire shares hover near $26 after a 48% weekly surge driven by drone-sector momentum, despite analyst targets below the current price and a $76.5M Q1 loss.
Caesars Stock Lags Fertitta's $31 Offer as Traders Eye Deal Hurdles
Caesars Entertainment stock remains below Fertitta Entertainment's $31 per share offer, with a 6% spread reflecting regulatory and closing risks.
Virgin Galactic Shares Surge on Flight Progress, Sector Tailwinds
Virgin Galactic shares surged 19.5% Thursday to $4.53, buoyed by VSS Unity glide test resumption and renewed space sector interest ahead of a potential SpaceX IPO.
Ford Energy Fuels Surge as Battery Storage Deal Drives 34% Monthly Gain
Ford shares surged 4.9% to $16.65, extending gains to 34% over the past month, driven by a major battery storage deal and a shift toward energy infrastructure.
Plug Power Stock Holds Above $4 as Hydrogen Optimism Returns
Plug Power shares trade near $4.12 after a volatile week, with Q1 revenue growing 22% and a $246M net loss. The company advances its UK green hydrogen project and targets EBITDAS profitability by Q4.
Nokia Stock Retreats as AI Rally Fades in Helsinki
Nokia shares fell 2.74% in Helsinki, retreating from an AI-led rally. The stock's ADRs declined over 7% in the U.S. as investors reassess valuations despite raised growth forecasts.
Ondas Surges on Drone Sector Funding Optimism and SEC Filing
Ondas shares jumped to $13.25 on drone sector funding hopes. The company filed to resell 2.7M shares from its Omnisys acquisition and reported Q1 revenue of $50.1M.
Columbia Threadneedle Manager Buys LSEG, Dismisses AI Threat as Overstated
David Moss, manager of Columbia Threadneedle UK High Income trust, has bought shares in LSEG, dismissing AI fears as overblown. The trust trailed its benchmark with an 18.3% return.
Wall Street Hits Records; Dell's AI Revenue Surge Sparks After-Hours Rally
The S&P 500, Nasdaq, and Dow all closed at record highs Thursday. Dell surged 39% after hours on boosted AI-server revenue outlook, while PCE inflation hit 3.8% and GDP growth was revised lower.
Red Cat Soars 32% on Maritime Drone Production Plans and Sector-Wide Rally
Red Cat shares jumped 32% to $14.15 in after-hours trading Thursday, driven by news of full-rate production for its Blue Ops maritime drone and a broader rally in drone stocks.
Ambev Shares Dip as Goldman Sachs Warns of Limited Price Hike Potential
Ambev shares dropped 1.9% to 16.29 reais as Goldman Sachs flagged limited room for further price hikes, while BTG Pactual upgraded the stock to buy.