Articles by Daniel Marsh
Sivers Semiconductors Soars on MSCI Inclusion and Nasdaq Listing Ambitions
Sivers Semiconductors shares surged 31.3% after MSCI added it to the Sweden small-cap index. The company is also pursuing a dual listing on Nasdaq New York and raising capital.
UK Households Face £7bn Energy Arrears as Debt Relief Stalls
UK household energy arrears are projected to hit £7 billion by year-end as a £500 million government relief scheme remains stuck in regulatory limbo, with British Gas alone seeing over £1 billion in unpaid bills.
EchoStar Surges on FCC Spectrum Sale Approval, SpaceX Proxy Status Grows
EchoStar shares jumped after FCC approval of $40B spectrum sales to AT&T and SpaceX, with a $2.4B escrow condition. Q1 revenue dipped to $3.67B as subscriber losses continued.
Red Cat's $225 Million Stock Sale Triggers 12% Drop, Dilution Worries Outweigh Drone Demand
Red Cat's $225M stock offering at a discount to market price sent shares down 12% as dilution concerns overshadowed strong Q1 revenue growth and a bullish defense drone outlook.
Space Force Contract Win Propels Intuitive Machines Shares Higher Ahead of Earnings
Intuitive Machines shares jumped 8.35% in premarket trading after securing a spot on the U.S. Space Force's Andromeda contract, with a raised ceiling of over $6.2 billion, ahead of Thursday's earnings report.
Digi Power X Shares Surge on AI Data-Center Deal Ahead of Q1 Report
Digi Power X shares surged nearly 13% to $8.39 on a $1.1 billion AI data-center deal with Cerebras Systems, with Q1 results due Friday.
Wolfspeed Shares Surge as Debt Reduction and Short Squeeze Fuel Rally
Wolfspeed shares surged 6.8% to $53.72, with premarket trading hitting $77.00, as investors focus on debt reduction and high short interest despite negative gross margins.
Indian Shares Recover as Crude Eases; Rupee Worries Linger
Nifty 50 rose 0.67% and Sensex gained 0.48% on Wednesday, snapping a four-day losing streak amid softer oil prices and a steadier rupee.