Articles by Daniel Marsh
Opendoor shares dip as mortgage rates hit 11-month high, clouding acquisition gains
Opendoor shares slipped as rising mortgage rates tempered a weekly increase in home acquisition agreements, with Q2 revenue guidance pointing to roughly $900 million.
Reddit Shares Tumble on Report of Potential Google AI Content Restrictions
Reddit shares dropped 6.1% in premarket trading following a report that the company may restrict Google's access to its content for AI training, raising investor concerns about search traffic.
Joby Aviation Gains 2.9% After Inking Exclusive UK Sales Pact with Virgin Atlantic
Joby Aviation shares rose 2.9% premarket after signing an exclusive UK deal with Virgin Atlantic, giving Joby access to Virgin's booking platform while retaining all regulatory and operational duties.
Nvidia Shares Slip as Focus Shifts to Customer Profitability
Nvidia shares fell 0.74% in premarket as investors shift focus to customer profitability despite a $700M US plant and $60B in server orders.
Kroger's Pricing Strategy Outshines Walmart in Latest Basket Comparison
Kroger (NYSE:KR) edged out Walmart (NASDAQ:WMT) by 95 cents in a 15-item store-brand basket comparison, showcasing its pricing strategy and margin investments.
INLIF Shares Surge 95% in Premarket on Extreme Turnover
INLIF Limited (NASDAQ:INLF) jumped 95% in premarket trading on Wednesday, with volume surpassing outstanding shares by more than tenfold.
MARA Holdings Gains 14.6% as AI Contract Wave Lifts Bitcoin Miners
MARA Holdings rallied 14.6% as bitcoin miners with signed AI contracts saw larger gains. MARA's 4.8 GW pipeline awaits a tenant.
Tencent Shares Plunge 7% Amid Gaming Uncertainty and Buyback Halt
Tencent shares fell 7% on Wednesday, pressured by gaming sector uncertainty and a halt in share repurchases ahead of its August 12 board meeting.
Rocket Lab Stock Jumps on $266M Air Force Deal, But Funding Details Matter
Rocket Lab shares climbed in premarket after a $266 million Air Force contract, but just $112 million is funded upfront. The deal includes 12 base launches and six options.
China Pharma Shares Surge 790% on No News; Patent Stake Now Worth $202M
China Pharma shares surged 790% on Tuesday with no material corporate development. The move pushed the notional value of a patent-share block to $202 million.
