Articles by Daniel Marsh
Dow Crosses 54,000 Milestone as Caterpillar and Goldman Lead Charge
The Dow Jones Industrial Average surpassed 54,000 for the first time, driven by strong gains in Caterpillar and Goldman Sachs, which together accounted for nearly 60% of the index's advance.
AT&T shares dip as new $1 fee could add $900M annually
AT&T shares dropped 2.1% following news of a $1 monthly fee hike on postpaid wireless lines, which could generate nearly $900 million in annual gross revenue.
American Airlines Gains as Oil Slide Eases Fuel Cost Pressure
American Airlines shares rose 2.2% as oil prices slid, but the carrier's thin margins underscore its vulnerability to fuel price swings.
Rain Enhancement Shares Plunge 62% as Nasdaq Compliance Deadline Looms
Rain Enhancement shares dropped 62% from premarket highs, jeopardizing its Nasdaq listing. The company must meet a $35 million market value threshold by August 17.
Ensysce Biosciences Stock Jumps 48% Premarket, Nasdaq Compliance Still Elusive
Ensysce Biosciences (NASDAQ:ENSC) shares jumped 48% in premarket trading, yet the stock remains 141% below the $1 minimum bid price required by Nasdaq. The compliance window begins August 11.
Ondas Surges Past Annual Revenue Goal in Market Value After Barnea Hire
Ondas (ONDS) shares jumped 14% since Friday, adding $611M in market value after naming ex-Mossad chief David Barnea to lead defense unit, surpassing its 2026 revenue goal.
Microsoft Stock Pulls Back After Historic AI-Driven Rally
Microsoft shares fell 2.2% premarket after a record 24.9% three-day rally fueled by strong Azure growth. The AI premium persists, but valuation and capex risks loom.
GameStop Shares Steady After $1.4B Debt Swap; Dilution Looms
GameStop (GME) traded flat after a $1.4B debt exchange, with dilution concerns capping gains. Shares fell 12.25% Monday to $19.06.