Articles by Daniel Marsh
Atmos Energy Faces New Price Target Reduction Despite Texas Growth
Morgan Stanley lowered its price target on Atmos Energy to $183 from $195, maintaining an Equalweight rating. Texas remains central to the company's growth strategy.
Ford Energy Deal Powers Stock Ahead of Holiday Break
Ford shares gained 3.4% to $13.67 after Ford Energy signed a 5-year, 20 GWh battery-storage deal with EDF. The stock outpaced GM and Tesla as investors weigh tariff risks and the energy business.
Ally Financial Targets Gen Z with Branchless Banking Campaign
Ally Financial's new 'Life Today' campaign targets Gen Z and millennials with a branchless model, adding 74,000 net new deposit customers last quarter.
Tech Stocks Rally on Lower Yields, Nvidia Guidance, and Geopolitical Calm
U.S. stock futures climbed Friday as lower Treasury yields lifted tech shares, with Nvidia guiding above estimates and Workday surging. Oil prices rose on geopolitical risks, but markets found support from easing bond yields.
Markets Pause for Memorial Day with Inflation Data Looming
NYSE and Nasdaq closed Monday for Memorial Day. S&P 500 held near record levels as markets await PCE inflation data and AI earnings from Nvidia, Salesforce, and Dell.
PNC Reduces T. Rowe Price Stake Amid Strategic Shift to US Equities
PNC Financial cut its T. Rowe Price stake by 4.3% in Q4. T. Rowe shifts to US equities, reports $1.825T AUM, but net outflows hit $10.6B. Q1 EPS of $2.52 beat estimates.
American Airlines Slips After Rally; Fuel Costs in Focus
American Airlines shares edged lower Friday after a strong rally, with rising oil prices and CEO Robert Isom's upcoming conference appearance keeping investors cautious.
Plug Power Rides AI Data Center Wave to 14% Gain
Plug Power shares jumped 14.2% on Thursday, buoyed by Bloom Energy's AI data-center deal and news that its Barrow Green Hydrogen project reached final investment decision.
Asian Markets Rally on US-Iran Talks, Nikkei Nears Record
Asian shares advanced Friday, with Japan's Nikkei jumping 2.8% toward a record high, fueled by hopes for US-Iran diplomacy, while oil remained near $105 and the yen stayed weak.
London Stocks Edge Higher Amid Mixed UK Economic Signals
FTSE 100 gained 0.37% in early trade, supported by BT, Compass, and 3i, while UK retail sales dropped 1.3% and public borrowing hit £24.3 billion.