Articles by Daniel Marsh
4DMedical Shares Tumble 15.6% as US Legislative Hopes Fade
4DMedical shares plunged 15.6% on Friday, erasing A$354 million in equity, as uncertainty mounts around a stalled US legislative pilot program.
DroneShield Short Interest Hits 52-Week High Amid Revenue Forecast Cuts
Short interest in DroneShield (ASX:DRO) hit a 52-week peak of 12.84% as Jefferies slashed revenue forecasts and price target, citing delivery issues.
Plug Power Shares Slip on $80M Cash Bridge Amid July Deadlines
Plug Power shares ended the week lower as an $80 million cash bridge from property sales faces crucial July deadlines, including a Texas inspection period ending July 25.
Oklo Shares Slide 15.8% as Market Eyes July Reactor Milestone
Oklo shares dropped 15.8% to $41.11, leading a broader nuclear stock decline, as the market awaits the Groves reactor's July criticality milestone.
T-Mobile Faces Churn Risk as Legacy Plan Migration Begins
T-Mobile begins migrating legacy users to new plans, with churn rates a key focus ahead of earnings. Price hikes could boost annual billings by $720 million.
August SSI Payout on July 31 to Inject $5.4 Billion into Retail Sector
August's SSI payment arrives a day early on July 31, shifting $5.41 billion in benefits and potentially boosting retail sales for that day.
Agenus Closes at $5.01, Slightly Below $170M Warrant Trigger
Agenus closed at $5.01, two cents under its Series B warrant price of $5.03, which could bring $170M. The stock surged 49.6% last week, but full warrant exercise could nearly triple share count.
Japan Markets Closed for Marine Day; Nikkei Tech Weakness in Focus
Japan's cash markets are closed Monday for Marine Day. The Nikkei fell 6.44% last week, with tech stocks driving 87% of Friday's decline. Tuesday's trading will test the chip sector.
ASX 200 Closes Lower as Mining Losses Outpace Energy Gains Ahead of Key Data
The S&P/ASX 200 closed at 8,796.70, down 0.50%, with mining losses outweighing energy gains. Focus turns to China's loan rate decision and Australia's June jobs data.
Vodafone Shares Surge Past Niel's Block Trade Price, Volume Soars
Vodafone stock ended Friday 6.6% above Xavier Niel's block trade price, with five-day volume doubling. Analysts see potential for accelerated cost reductions and free-cash-flow gains.