Articles by Daniel Marsh
Destiny Tech100 Slumps After $1B ATM Filing, Premium Persists
Destiny Tech100 shares dropped 8.3% after filing a $1B at-the-market stock sale, but the fund still trades at a significant premium to NAV amid SpaceX IPO speculation.
Ondas Shares Jump 9% After Omnisys Deal Closure, Revenue Surge
Ondas shares jumped 9% after closing its Omnisys acquisition and reporting Q1 revenue of $50.1M, up from $4.3M a year ago. The company targets $390M in 2026 revenue.
T1 Energy Surges on Solar Tax Credit Optimism
T1 Energy surged $2.61 to $10.69 on heavy volume, driven by investor focus on solar tax credits. The company faces scrutiny over China links but defends its eligibility.
Final May Social Security Payments Scheduled for Wednesday
Social Security sends final May payments Wednesday for birthdays 21st-31st. June SSI starts Monday. $137.4B paid in April to 75.5M recipients.
Tech Stocks Propel S&P 500 and Nasdaq Higher; Dow Slips on Energy and Healthcare Weakness
The Dow slipped 0.26% on Tuesday as UnitedHealth and Chevron weighed, while the S&P 500 and Nasdaq rallied on tech and AI stocks. Oil prices climbed amid geopolitical concerns.
Fidelity Bolsters Active ETF Team with State Street Hire
Fidelity International appoints Elisa Prezzavento as director of ETF product strategy, hiring from State Street to expand its active ETF lineup in Europe and Asia-Pacific.
Vertiv Stock Splits Opinion as AI Bets Diverge Among Funds
Vertiv (VRT) attracts divided institutional interest: New Age Alpha ups stake 466%, while two other funds reduce holdings. AI data center demand lifts Q1 sales 30%.
Uber's Bid for Delivery Hero Faces Investor Skepticism as Shares Trade Above Offer
Delivery Hero shares remain above Uber's €33 bid, with investors anticipating a higher offer amid competition from DoorDash and shareholder resistance.
Bank of America Initiates Oklo Coverage with $80 Buy Target
Oklo shares edged higher premarket after Bank of America started coverage with a Buy and $80 target, citing its Meta power deal and regulatory progress.
AI Infrastructure Stocks Diverge: Super Micro, Alphabet, and Nebius Show Varied Prospects
AI infrastructure stocks are diverging as Super Micro Computer (SMCI) outperforms Nebius (NBIS) in near-term appeal, while Alphabet (GOOGL) is seen as a safer long-term bet. Teradyne (TER) and Cisco (CSCO) also benefit from AI-driven demand.