Articles by Daniel Marsh
Allegiant Faces Loyalty Challenge Post-$1.5B Sun Country Deal
Allegiant raises Q2 adjusted EPS forecast to at least $1.25 after closing $1.5B Sun Country acquisition. Integration may take up to two years.
Grab Board Exit Intensifies Focus on Taiwan Deal and Cash Position
Grab shares fell in premarket trading following Dara Khosrowshahi's board resignation, which analysts link to the company's pending purchase of Delivery Hero's Taiwan business.
Ondas Shares Rise on DZYNE Deal, Lock-Up Details Emerge
Ondas shares climbed 5.5% Monday after closing its $875.8 million acquisition of DZYNE Technologies, with 45 million shares locked up for six months and a raised 2026 revenue target of at least $525 million.
Opendoor Surges Past Analyst Targets as Options Activity Surges
Opendoor shares closed above multiple analyst targets on Monday, fueled by heavy volume and surging options activity, as the market awaits second-quarter results.
Rivian's $1.5B Share Sale Raises Dilution Concerns
Rivian's 75 million-share offering, about 5.5% of its outstanding stock, could raise $1.51 billion. The news sent shares down 9% after hours despite an upward revision to delivery guidance.
Vertex's $10B Cash Deal Narrows Crinetics' Merger Spread
Crinetics shares traded at $83.60 premarket, just 1.7% below Vertex's $85 cash offer, as the $10 billion deal shifts focus from biotech fundamentals to merger arbitrage.
Walmart's Summer Price Cuts: Soda and Cherries Lead, Not Beef
Walmart's latest price cuts focus on soda and cherries, not beef, despite political claims. The move pressures rivals like Kroger amid rising food costs.
Samsung Electronics Posts Record Profit but KOSPI Drops as Chip Stocks Slide
Samsung Electronics posted record Q2 earnings, but its shares fell 6.9% and the KOSPI dropped 4.9% as AI chip stocks declined broadly.