Articles by Daniel Marsh
Microsoft Price Targets Slashed 10% but Still Signal 33% Upside
Three analyst firms cut Microsoft's price target last week, averaging $511.67—still 33% above Friday's close. Azure growth remains robust, but capex concerns limit upside.
QXO Shares Slip After TopBuild Deal, 312.5 Million New Shares Enter Market
QXO stock dropped 7.5% after its TopBuild deal, as 312.5 million new shares hit the market. The company faces integration challenges and debt paydown pressure.
Bradesco Preferred Shares Surge 4.8% on Inflation Data, Total Return Hits 5.3%
Banco Bradesco preferred shares rose 4.78% Friday, delivering a 5.3% gross return including JCP, as Brazil's June inflation data fueled rate cut expectations.
Transocean-Valaris Deal Spread Narrows to 2.1% as Antitrust Review Lengthens
Transocean (RIG) shares imply a 2.1% discount to Valaris (VAL) in their all-stock merger, with the spread narrowing slightly as the deal faces a longer antitrust review and a target close of September 29.
Ford Rises 4.8% as Canadian Labor Deal Eases Risk, F-150 Supply Focus
Ford's shares climbed 4.8% last week as a tentative labor agreement with Unifor reduced Canadian risk, while investors eye F-150 supply improvements and Q2 results.
AT&T's Dividend Boosts Weekly Return to 4%, But Price Hikes Loom
AT&T's total return reached 4% last week, fueled by a $0.2775 dividend, while upcoming price hikes and a pension settlement create uncertainty ahead of Q2 earnings.
Wall Street Braces for Pivotal Tuesday: CPI, Bank Earnings & Fed Testimony Collide
A packed Tuesday morning features June CPI data, earnings from five major banks, and Fed Chair Kevin Warsh's testimony, all within 90 minutes. The VIX remains near its 52-week low, signaling market calm.
Nokia Soars on €5.5B Defense-AI Deal, Ericsson Earnings Next
Nokia's stock surged 9.64% on a €5.5 billion market cap gain from a defense-AI deal. Attention now turns to Ericsson's upcoming Q2 results for sector direction.
Ondas Shares Dip Below DZYNE Deal Value, Dilution Concerns Loom
Ondas shares closed at $7.26, $58M below the DZYNE deal value, with 85 million new shares due, sparking dilution fears and underperformance vs Nasdaq.
Opendoor Stock Plunges 10% as Heavy Trading Signals Index-Fueled Volatility
Opendoor (OPEN) reversed Thursday's 10.65% gain with a 10.1% drop on Friday, as 185 million shares changed hands. The volatility follows the company's entry into the Russell 3000.