Articles by Daniel Marsh
Lloyds, SpaceX IPO, and Market Divergence Lead Today's Financial News
Lloyds Banking Group shares have risen 22% in the past year, showcasing strong dividend power. SpaceX files for a landmark IPO, while market divergence highlights tech optimism versus inflation concerns.
Dow Closes at Record High Amid Late-Session Tech Buying
The Dow closed at a record 50,285.66, rising 0.55%, with the S&P 500 and Nasdaq also higher. Nvidia slipped despite record revenue, as oil and inflation concerns linger before the holiday weekend.
Estée Lauder Shares Jump After Merger Talks Collapse
Estée Lauder shares rose about 10% in extended trading after ending merger discussions with Spain's Puig, shifting focus to its standalone turnaround strategy.
Lockheed Martin Starts $9B Alabama Missile Plant as Pentagon Urges Stockpile Rebuild
Lockheed Martin began construction on a new munitions facility in Troy, Alabama, to expand THAAD interceptor production and prepare for the Next Generation Interceptor, part of a $9 billion investment to ramp up missile output.
Grab Holdings Gains on Superbank Consolidation in Indonesia
Grab's stock climbed 1.6% to $3.56 after it consolidated Superbank in Indonesia, raising its stake above 50% and folding the lender's results into its financial-services segment from May 2026.
Blue Owl Capital Gains 5% as Private-Credit Demand Holds Steady
Blue Owl Capital shares jumped nearly 5% on Thursday, outpacing peers as private-credit demand remains steady despite ongoing sector concerns.
Dow Jones Hits New Peak as IBM Surges on Quantum Funding
The Dow Jones Industrial Average closed at a record high, lifted by a 12.4% surge in IBM following a proposed $1 billion U.S. quantum-computing award. Oil prices declined amid U.S.-Iran talks, and Walmart fell on consumer spending concerns.
Dow Jones Hits Record High as Oil Retreats, IBM Surges
The Dow Jones closed at a record 50,285.66 on Thursday, lifted by a 12.5% jump in IBM after it secured $1 billion in federal funding for a quantum-chip venture. Oil prices fell 2.3%, easing inflation concerns.
