Articles by Daniel Marsh
Bezos Calls for Eliminating Federal Income Tax for Bottom Half of Earners, Clashes with NYC Mayor
Jeff Bezos advocates for eliminating federal income taxes for the bottom half of U.S. earners, opposing NYC Mayor Mamdani's proposed tax on luxury second homes. The tax policy debate intensifies.
Eos Energy Surges 15% on First Deployment Under Cerberus-Backed Platform
Eos Energy Enterprises shares surged 14.7% to $8.16 after Frontier Power USA signed a deal to acquire 480 MWh of Texas battery-storage projects, the first deployment under its Cerberus-backed platform.
Sandisk Surges 10% on Tight NAND Supply and AI Demand Boom
Sandisk shares surged 10% after management said NAND flash supply will remain tight due to AI demand. Citi raised its price target to $2,025. Western Digital and Micron also rose.
Opendoor Stock Rises Amid Housing Market Struggles and Turnaround Hopes
Opendoor shares climbed 4.3% to $4.59 as the company reports adjusted EBITDA profitability on a forward basis, while U.S. housing data shows strain.
Sirius XM Shares Surge on Advertising Push and Content Deals
Sirius XM shares jumped 6.8% to $28.90, driven by a new NASCAR deal and CFO's conference comments, as Q1 subscriber losses beat expectations.
Keel Infrastructure Rises on AI Power Pivot
Keel Infrastructure shares rose 7.1% to $4.53, nearing a 52-week high, as investors bet on its shift from crypto mining to AI-focused power infrastructure.
FuelCell Energy Jumps 23% as AI Data Center Power Demand Fuels Rally
FuelCell Energy shares surged 23.5% on Thursday, extending a rebound as investors bet on fuel-cell firms for AI data center power. The company named John Livingston to its board and set its next earnings call for June 8.
Ondas Stock Dips After Completing Omnisys All-Stock Acquisition for $196.6M
Ondas Inc. shares slipped 3.5% after closing its $196.6M all-stock acquisition of Omnisys, with 3.1M shares registered for resale. Q1 revenue hit $50.1M, but operating loss was $42.7M.
Seniors Group Raises 2027 Social Security COLA Forecast to 3.9%
The Senior Citizens League lifted its 2027 Social Security COLA estimate to 3.9%, citing rising energy, food, and housing costs, which would add roughly $81 per month to the average retired worker's benefit.
Dow Wavers Near 50,000 as Oil, Yields Rise; Walmart, Nvidia Weigh
The Dow hovered near 50,000 Thursday as higher oil prices and bond yields curbed risk appetite. Walmart fell on cautious guidance, while Nvidia's record results failed to ignite a tech rally.
