Articles by Daniel Marsh
Agenus Shares Surge 83% on $340M Financing for Key Colon Cancer Trial
Agenus shares surged 83% on news of up to $340M financing for a pivotal colon cancer trial, but three-quarters of that amount hinges on investor warrants.
DroneShield Short Bets Hit A$256M as 2026 Orders Reach A$171M
DroneShield's short sellers maintain A$256 million in bets despite A$171 million in 2026 orders. The stock is down 66% from its peak, with regulatory probes and a hardware-heavy revenue mix fueling bearish sentiment.
CBA Recovers 91% of May Losses, Yet Valuation Concerns Loom
CBA has clawed back 91.2% of its May 13 losses, recovering A$27.3 billion in market cap. Yet, its elevated P/E ratio and housing market risks persist.
CSL Stock Recovers A$15 Billion, But Revenue Proof Needed
CSL shares have recovered A$15 billion in market value, but investors now require proof of revenue growth following a 34.8% rebound from April lows.
ASX 200 Steadies as Oil Surge Offsets Tech Slump
The ASX 200 remained flat as a 9.6% rally in oil prices buoyed energy stocks, offsetting a 1.55% decline in the Nasdaq. Financials provided support, but tech and gold miners faced headwinds.
JD.com Rises on Volume, Qualcomm Slips as Chip Selloff Deepens
JD.com (JD) rose 2.4% on Monday with volume matching its average, while Qualcomm (QCOM) dropped 2.7% despite a TD Cowen price target increase.
Salesforce Gains 4.8% as Debt Concerns Cloud AI-Driven Growth Story
Salesforce shares climbed 4.8% Monday as investors debated the impact of acquisitions on its AI strategy. However, debt-adjusted valuation metrics reveal a higher price tag than headline multiples suggest.
GE Vernova Turbine Demand Surges, but Stock's Valuation Tests Limits
GE Vernova stock dips 4.49% after a failed technical breakout, even as turbine demand remains robust. The company's high valuation and execution risks are in focus.
NuScale's 85% Plunge Casts Doubt on $2.9B TVA Deal
NuScale Power shares fell to a new low, down 85.5% from October highs, as scrutiny intensifies over the financial terms of its Tennessee Valley Authority deal.