Articles by Daniel Marsh
Aurora Innovation Shares Slip Ahead of Holiday; Focus on Autonomous Truck Rollout
Aurora Innovation shares fell 8.3% over five days to $7.07 ahead of Memorial Day, as the company reported a $244M operating loss on $1M revenue and outlined plans to deploy over 200 driverless trucks by year-end.
Bradesco Shares Decline Ahead of GDP Data; Brazil Bank Rally Stalls
Bradesco's preferred shares fell 1.56% as Brazil's banking sector rally stalled. Q1 recurring net income rose 16.1%, but GDP data due May 29 could test the recovery.
Bank of America Ends Quiet Week Ahead of Inflation Data and CEO Speech
Bank of America (BAC) finished Friday at $51.80, rising 0.6%, and gained 4.1% for the week. Markets are closed Monday for Memorial Day, with trading resuming Tuesday.
Rivian Stock Edges Higher as R2 SUV Nears Production Milestone
Rivian shares rose 0.49% to $14.22 on Friday, capping a 3.1% weekly gain as the company ramps up production of its R2 SUV, starting at $45,000.
Amazon Stock Faces Russell Index Shake-Up Ahead of Holiday-Shortened Week
Amazon shares slipped 0.8% Friday to $266.32, while investors eye potential index changes from FTSE Russell's reconstitution that could shift the stock from growth to value indices.
NuScale Power Faces Neutral Rating from BofA Amid Cash Burn Concerns
Bank of America resumed coverage of NuScale Power at Neutral with a $12 price target, citing slow customer deal progress and high cash burn. Shares closed at $11.40 Friday.
Grab Shares Slip Ahead of Holiday as Superbank Consolidation Takes Center Stage
Grab shares dipped 1.4% to $3.51 on Friday, ending the week 1.1% lower. The company is pivoting to banking growth with plans to consolidate Superbank.
Transocean Shares Retreat From High as Market Awaits Next Moves
Transocean shares slipped 0.15% to $6.81 on Friday, retreating from a 52-week high of $7.66 as oil price volatility and Valaris merger scrutiny weigh on the driller.
Peloton Stock Jumps 10% on S&P SmallCap 600 Addition
Peloton shares rose 10.23% to $5.71 on Friday after S&P Dow Jones Indices announced the stock will join the S&P SmallCap 600 index, effective before Wednesday's open.
Keel Infrastructure Gains as AI Data-Center Lease Strategy Faces Key Year-End Test
Keel Infrastructure shares climbed 3.66% to $4.81 on Friday, as the company targets signing data-center leases at three sites this year, pivoting from bitcoin mining to AI infrastructure.
Opendoor Edges Higher as Post-Holiday Housing Data Awaited
Opendoor Technologies shares closed at $4.53, up 3.4% for the week. The market awaits April new home sales data as mortgage rates climb and housing signals remain mixed.
