Articles by Daniel Marsh
Broadcom Surges $188B on $30B Apple Chip Deal, Outpacing Apple's Gain
Apple stock gained 2.2% after a $30B chip deal with Broadcom, but Broadcom surged 11%, adding $188B in market value—nearly double Apple's $98B gain.
Lockheed Martin Slips 4% Despite $847M Laser Contract
Lockheed Martin shares closed at $523.22, down 4.2% for the week, despite securing an $847 million laser contract. The company also announced a $3.45 billion deal to acquire Ultra Maritime.
Tianwen-2 Nails Asteroid Navigation, Boosts China Space Stocks by $29.3B
Tianwen-2's optical navigation slashes asteroid position error to ~1 km, lifting three Shanghai-listed space stocks by a combined 29.3 billion yuan on Friday.
Two US Retailers File Chapter 11 as Legacy Lease and Debt Costs Hit $9.3M
Sneaker City Albany and Hardee's franchisee Superior Star filed Chapter 11 within a day, facing $9.31 million in mall guarantees and seller-finance debt.
AGNC's 13% Dividend Yield Attracts, But Premium Poses Risk
AGNC Investment Corp. yields 12.9% monthly, but its 32.8% premium to book value leaves little margin for error amid rate volatility.
Fervo Energy's $8B Valuation Surpasses Ormat; Drilling Milestone Faces Cost Test
Fervo Energy's stock value hits $7.99B, surpassing Ormat's $6.8B, but a $1B cost reduction challenge tests the premium.
Realty Income's Tight Dividend Spread Masks Wider Investment Margin
Realty Income's dividend yield of 5.14% sits just 58 bps above the 10-year Treasury, yet its Q1 investment cash yield of 7.1% reveals a wider 338 bps gap over its euro notes.
Mattel Holds Steady Despite Analyst Downgrades, Buyback Potential Eyed
Mattel shares closed flat for the week at $13.33 despite price target cuts from Goldman Sachs and Citi, as a $200 million buyback program could retire about 5% of shares.
Whirlpool Stock Surges 7.6% Amid Focus on Debt, Cash Flow Targets
Whirlpool shares jumped 7.6% Friday, adding $171M in market cap, as the market weighs its $2B note issue and targets for debt reduction and free cash flow.
Freedom Fuel's Thin Margins Raise Sustainability Concerns
Freedom Fuel's price hike in its first week lagged behind wholesale gasoline, widening the margin gap to 21 cents per gallon and raising questions about the network's sustainability.