Articles by Daniel Marsh
Pending Home Sales Inch Up in August, Annual Decline Persists
Pending home sales edged up 0.3% in August, but remain 4.7% below last year. Homebuilder ETFs (ITB, XHB) dipped slightly after the data release.
PGA Tour Finalizes 2028 Two-Tier Structure, 90 Cards Define New Era
PGA Tour finalizes 2028 two-tier system: 90 cards retained, 20 promotions. New structure aims to boost media value, with $3B investment from Strategic Sports Group.
DAIC Stock Surges 176% on Envoy Acquisition Deal
DAIC stock soared 176% after CID HoldCo announced plans to acquire Envoy Technologies in a complex deal involving preferred shares and a change of control.
Aethlon Medical Soars 467% on Merger, But Real Value Is $16.5M
Aethlon Medical (AEMD) skyrocketed 467% after announcing a merger with North Immunology, but the deal values legacy shareholders at $16.5M, not the $346.5M combined figure.
CoreWeave's Dual Financing Move Pressures Shares
CoreWeave shares slipped 2.2% after the company unveiled a $3 billion convertible note offering and a 35 million-share ATM program, as investors weighed dilution against growth prospects.
Wolverine PS5 Launch: Actor Confirmed, Sales Data Still Under Wraps
Sony's Marvel's Wolverine launched on PS5 with Liam McIntyre as Logan, but Sony hasn't disclosed sales figures. Insomniac's history and Sony's Q1 results provide context.
Take-Two's GTA VI Album Launch: Marketing Hype or Revenue Boost?
Rockstar's GTA VI album adds marketing buzz but won't move the needle for Take-Two's $8.1B forecast. The game's timely release remains critical.
Stellantis Shares Surge 4% as Maserati-Huawei-JAC EV Alliance Takes Shape
Stellantis shares rose 4.1% in premarket trading after reports detailed a potential Maserati EV partnership with Huawei and JAC, but investors await a signed agreement.
Suncorp Retains ARMA Amid Debt Recovery Concerns; Investor Focus Shifts to Outsourcing Oversight
Suncorp retains debt collector ARMA after admitting premature recovery action in an AAMI case, raising investor questions about outsourcing controls.
LIV Golf Bankruptcy Reveals Mickelson's Minor Stake, Equity Wipeout Looming
LIV Golf's bankruptcy filing shows Phil Mickelson's 0.23% stake, while PIF controls 98.48%. Old equity likely wiped out in the restructuring plan.
Nebius Shares Jump 9% on Cloud Price Hikes; Revenue Impact Uncertain
Nebius stock climbed 9% after announcing cloud price hikes of up to 25%, but analysts question whether higher list prices will survive discounts and heavy data center spending.
Bank of Canada's Rate-Hike Trigger: Core Inflation Spillover
Bank of Canada minutes define rate-hike trigger: energy pass-through to core inflation. Core CPI near 2%, but tariffs and soft labor market may delay action.