Articles by Daniel Marsh
Personalis Shares Slide on Tempus's $16.25 Bid, Meager 6% Premium Sparks Concerns
Personalis shares dropped 11.6% despite a $16.25 acquisition bid from Tempus AI, as the modest 6% premium and stock-based structure fueled investor skepticism.
Hut 8 Shares Jump 11.5% on Second $9.8B AI Lease, 2028 Delivery in Focus
Hut 8 shares rose 11.5% after securing a second $9.8 billion AI lease for 352 MW of capacity at Beacon Point, with Phase 2 delivery set for 2028.
Archer Aviation Soars 19% on Thunder Defense Aircraft Debut
Archer Aviation shares jumped 19% after unveiling the Thunder autonomous hybrid aircraft, developed with Anduril, aiming to diversify beyond air taxis.
Nu Holdings Rises on Mexico Deposit Growth, Outpacing Customer Gains
Nu Holdings shares rose 3.5% as Mexico deposits outpace customer share, indicating deeper engagement. The company also received a banking license in Mexico.
Air Force Base Defense Plan May Split Spending Across Multiple Systems
The U.S. Air Force is exploring a modular base-defense approach that could spread spending across launchers, sensors, missiles, and command systems, reducing reliance on a single supplier.
Tempus AI Shares Near Deal Termination Threshold After 7.8% Drop
Tempus AI shares dropped 7.8% to $48.39, nearing the $46 threshold that could trigger a termination right for Personalis, wiping $730 million from market cap.
Sandisk's Monday Rebound Recovers Only Fraction of Recent Slide
Sandisk (SNDK) shares jumped 7.4% on Monday, recovering 17.8% of last week's steep 29.3% loss. The chip sector rebounded, but Sandisk's repair was the weakest among peers.
NIO Shares Edge Up as Firefly's Habitat Premium Raises Profitability Questions
NIO ADRs rose 0.7% to $4.92 after Firefly's Habitat launched at a 11.3% premium. Onvo and Firefly drove 90% of Q2 delivery growth, raising margin concerns.
Robinhood Rises on $1.7B Revenue Forecast; SpaceX Drops Below IPO Price
Robinhood stock rose 1.2% as Bernstein boosted its price target to $160, projecting $1.7 billion in prediction-market revenue by 2028. SpaceX shares slipped 0.8% to $123, trading below their IPO price.
VTI's Broader Market Exposure Fails to Outperform VOO During Downturns
Despite holding 3,025 additional stocks, VTI underperformed VOO during three major market selloffs, with gaps up to 1.35 percentage points.