Articles by Daniel Marsh
Westwater Soars 88% on $25M EXIM Loan for Graphite Project
Westwater Resources shares jumped 88% after the U.S. Export-Import Bank approved a $25M loan, adding $45.6M to market value. The loan covers 21.7% of remaining Phase I costs.
SpaceX Soars 16% as AI Capex Drives Post-Lockup Rally
SpaceX shares surged 16% on Friday, closing at $133.11, as investors shifted focus to AI-driven growth and capital returns. The stock gained 23% for the week.
Social Security COLA 2027 Could Surpass Forecasts, Adding $63B
The 2027 Social Security COLA is projected at 3.6%-3.8%, potentially adding up to $63B in payouts, above the Trustees' forecast. CPI data due Wednesday.
Mixed Signals: Sensex and Nifty Diverge Amid CAS Rollout
Sensex and Nifty split as CAS confusion hits markets; Bitcoin drops after hack; US stocks rise on soft jobs data; TerraVest and Pollard Banknote slip below key averages.
Navy Boosts Seabed Contract to $24.8M, Near $25M Cap
The U.S. Navy exercised a $9.8 million option on a seabed contract with Integer Technologies and the University of Southern Mississippi, bringing the total to $24.8 million—99.2% of the $25 million cap. The award fuels demand for autonomous underwater software.
SpaceX Surges 15.8% as AI Spending Outweighs Lunar Crash Concerns
SpaceX shares climbed 15.8% on Friday even after lunar imagery confirmed a crash site, with AI investments overshadowing the event. Q2 financials show AI capex at 86.2% of total.
USA Rare Earth Soars 29% on Serra Verde Deal Ahead of Q2 Earnings
USA Rare Earth (USAR) shares surged 29% this week on the $2.75B Serra Verde deal. Q2 earnings due Monday; analysts target $30-$35.
Yunji Stock Explodes 176% in One Session, Volume Hits Record High
Yunji (NASDAQ:YJ) soared 176.4% to $3.40 on Friday, with volume hitting 50.86 million shares—about 20 times its float. No corporate announcement accompanied the surge.
