Articles by Daniel Marsh
Cipher Digital Stock Surges on AI Data Center Expansion Plans
Cipher Digital shares surged 9.5% to $25.21, approaching a 52-week high, as the company announced new AI data center leases and a $200 million credit facility.
Tesla Shares Rise on European Sales Rebound, BYD Maintains Lead
Tesla shares climbed 1.4% to $439.61 after European registrations jumped 46.5% in April. BYD outpaced Tesla with a 114.5% surge, remaining the top EV seller in Europe.
Grab Shares Climb as Superbank Consolidation Nears
Grab Holdings shares rose 1.3% Wednesday after announcing the consolidation of Indonesia's Superbank into its financial services segment, with financial services revenue up 43% to $107 million.
Keel Infrastructure Surges as AI Data Center Play Gains Traction
Keel Infrastructure shares rose 7.99% to $5.54 on heavy volume, driven by investor interest in its AI infrastructure pivot, though Q1 revenue fell 23%.
Intuitive Surgical Dips on Goldman Sachs Price Target Cut Amid Medtech Weakness
Intuitive Surgical shares slid over 4% after Goldman Sachs cut its price target to $558. The medtech giant posted strong Q1 revenue growth but faces tariff and competitive headwinds.
Archer Aviation Shares Dip Amid Cash Burn Concerns and FAA Progress
Archer Aviation shares slipped to $6.49 after reporting a Q1 net loss of $217.7M. The company completed Phase 3 of FAA type certification for its eVTOL aircraft, but ongoing cash burn pressures persist.
Opendoor Stock Jumps on Russell 3000 Index Inclusion
Opendoor Technologies shares rose 8.6% on news of its upcoming inclusion in the Russell 3000 Index, with over 36 million shares traded.
IREN Stock Surges on $1.6B Dell Deal to Accelerate AI Infrastructure
IREN shares rose 9.4% to $65.42 after announcing a $1.6 billion Dell hardware deal to speed up Nvidia Blackwell system deployment, with a $4.4 billion annualized revenue target.
Astrotech Surges 524% on Moon Mining Plan Despite No NASA Role
Astrotech shares soared 524% on lunar mining and quantum plans, but the company lacks NASA contracts and reported a $3.8 million quarterly loss.
Verra Mobility Tumbles 71% as Avis Budget Ends Contract
Verra Mobility shares fell 71.4% after Avis Budget said it will end its contract in September 2026, cutting a key revenue source and prompting analyst downgrades.
Boston Scientific Plunges to Two-Year Low on Watchman Slowdown
Boston Scientific shares fell 10% to a two-year low after CEO Michael Mahoney flagged slower use of its Watchman heart implant, raising growth concerns.