Articles by Daniel Marsh
Eaton Shares Tumble 7.6% as $13.2B in Value Vanishes Amid Premium Valuation Concerns
Eaton shares plunged 7.6% in five sessions, erasing $13.2 billion in value, as the stock trades at 30x 2026 earnings. Heavy volume signals investor caution ahead of Q2 results.
SK hynix Loses $120B in Single Day, Nearly Quadruple Planned ADR Size
SK hynix plunged 8.36% on Friday, erasing 173.9 trillion won in market value—nearly four times its planned 45.45 trillion won Nasdaq ADR issue—as the KOSPI rout triggered circuit breakers for the second time in a week.
Energy Transfer Rises on Week as Gas Backlog Supports Growth
Energy Transfer rose 2.2% for the week, supported by long-term gas contracts and a 7% yield, as the company targets a $5.5B-$5.9B 2026 growth budget.
Enterprise Products Partners Flat Amid Volatile Week, Midstream ETF Gains
Enterprise Products Partners (EPD) ended the week flat near $36.57 despite sharp daily swings and volume 25% below average, underperforming the Alerian MLP ETF (AMLP) which gained 1.5%.
Cisco Shares Slide 4.4% as AI Rally Retreats, Dow Takes Hit
Cisco shares tumbled 4.37% to $113.77 on Friday, with volume surging to over double the average, as the AI-networking rally faded. The drop erased 32 Dow points and left the stock 12.7% below its 52-week high.
Take-Two Holds Steady as GTA 6 Preorders Begin, Analysts Eye Recurring Revenue
Take-Two shares closed nearly unchanged at $238.53 as GTA VI preorders began. Analysts raised price targets, focusing on GTA Online's recurring revenue potential.
3M Stock Slips on Heavy Volume, Erases Weekly Gains Amid Market Rotation
3M dropped 2.36% on Friday, erasing most of the week's gain, as market rotation hit the stock. After-hours shares rebounded 1.12%.
Texas Instruments Plunge Complicates Russell Rebalance for Traders
Texas Instruments slid 8.46% to $285.43, capping a 14.1% weekly drop, as FTSE Russell shifted TXN from Defensive to Dynamic in its Stability indexes, triggering heavy volume and a $24 billion market cap loss.
PayPal Shares Pop on Heavy Volume, Short Interest Hits 54M
PayPal (PYPL) jumped 4.5% to $44.29 on Friday, with volume more than double its 65-day average, after short interest rose 9.7% to 54.35 million shares. The stock is still down 44% from its 52-week high.
Uber surges 5.5% on volume spike as safety overhaul, robotaxi outlook drive debate
Uber surged 5.47% on Friday with trading volume 3.46 times its 65-day average, as investors weigh tighter U.S. background checks and robotaxi expansion.