Articles by Daniel Marsh
Elong Power Surges 72% After Lock-Up Expiry, Supply Overhang Looms
Elong Power shares surged 72% after a lock-up on 4.2 million shares expired. The company faces supply concerns and a going-concern warning.
Dow Plunges 450 Points as Strait of Hormuz Tensions Fuel Oil Surge
The Dow dropped nearly 450 points Monday as oil surged 5% on Strait of Hormuz tensions. Amazon's logistics expansion hit UPS and FedEx, while GameStop launched a $56B bid for eBay.
Amazon Opens Logistics Network to All Businesses, FedEx Shares Slide 9%
Amazon's new supply chain service, opening its logistics network to all businesses, sent FedEx shares down 9% and UPS down nearly 10%.
Walmart vs Costco: Ad Revenue Surge Reshapes Retail Stock Battle
Walmart's ad business surges 46% to $6.4B, while Costco's membership renewals stay above 89%. The stock fight highlights shifting profit engines.
Clene Soars on FDA Nod for Accelerated ALS Drug Submission
Clene shares jumped after FDA feedback suggested its ALS drug data could support an accelerated approval filing. The company plans to submit in Q3 2026.
Spirit Airlines Parent Files for Asset Liquidation After Shutdown
Spirit Aviation Holdings files for asset sale after Spirit Airlines ceases operations. JetBlue and Frontier expand routes to capture stranded travelers.
Datavault AI Shares Plunge 20% After $60M Stock Offering for GPU Network
Datavault AI shares fell ~20% after a $60M stock offering to fund its GPU edge network. The company also agreed to acquire CyberCatch Holdings in an all-stock deal.
Skycorp Solar Stock Soars on Full Acquisition of Nanjing Cesun Power
Skycorp Solar Group Ltd shares jumped 82% in premarket trading after the company agreed to acquire the remaining 56% of Nanjing Cesun Power for $20.2 million in stock, expanding its renewable energy portfolio.
Corteva Names Seed Spinoff Vylor Ahead of 2026 Split
Corteva (CTVA) announced the name of its seed and genetics spinoff, Vylor, Inc., ahead of a planned split in late 2026. The seed business generated $9.9 billion in 2025 net sales.
GameStop's $56B Bid for eBay Faces Skepticism as Stock Lags Offer
GameStop's $55.5 billion bid for eBay, offering $125 per share, has sparked a takeover battle, but eBay's stock remains below the offer price due to investor skepticism.