Articles by Daniel Marsh
CaliberCos Surges 98% on Chainlink Deal, Volume Hits 24x Float
CaliberCos shares surged nearly 98% after revealing plans to use Chainlink's compliance tools for tokenizing private real estate funds, with trading volume reaching 24 times its public float.
Glazer Capital Exits Clearwater Analytics as Take-Private Closes
Glazer Capital has exited its position in Clearwater Analytics after the company was taken private at $24.55 per share, with the deal closing on June 25.
Linkhome Holdings Surges 315% After Mortgage One Acquisition, GPU Financing Launch
Linkhome Holdings (NASDAQ:LHAI) closed up 315% at $2.74 after completing its Mortgage One acquisition and launching a GPU financing initiative, boosting market cap to $44.5 million.
Bradesco's Dividend Date Creates Yield Advantage for Common Shares Over Preferreds
Bradesco's R$3.5 billion JCP payout yields 2.00% gross for common shares, slightly higher than preferreds' 1.91%, with a July 3 record date.
US Jobs Miss Estimates as Labor Force Shrinks, Fed Rate Hike Odds Dip
US payrolls rose only 57,000 in June, well below the 110,000 forecast, as a sharp drop in labor force participation masked underlying weakness. Fed rate hike odds declined.
SurgePays Stock Surges on AT&T Carrier Deal Relief
SurgePays (NASDAQ: SURG) shares surged 45% in premarket trading after AT&T Mobility wrote off $10.3 million in fees and eliminated a $50 million minimum-spend requirement, offering substantial financial relief.
Nokia Shares Slide as FMR Reduces Voting Stake Below 5% Threshold
Nokia shares dropped 2.15% as FMR LLC reduced its voting stake below 5%, with the company set to report Q2 earnings on July 23.
Nu Holdings Announces $1 Billion Buyback; Stock Steadies Ahead of Holiday
Nu Holdings (NU) announced a $1 billion share buyback plan. The stock steadied around $13.40 after a volatile session with volume surging 62% above average.
EchoStar's Dish Bankruptcy Reveals $3.6 Billion Gap in Wireless Claims
EchoStar's Dish DBS Chapter 11 filing reveals a $3.6 billion gap between FCC trust funds and over $6 billion in disputed 5G shutdown claims.
Intel Nears $646B Market Cap After 9% Drop
Intel shares dropped 9% to $127.02, bringing its market cap near $645.6 billion, ahead of Q2 earnings on July 23.
SpaceX Stock Under Short Squeeze Pressure Ahead of Nasdaq-100 Inclusion
SpaceX shares fell 7.8% as short interest hit 31% of free float, with the Nasdaq-100 inclusion set for July 7. Passive inflows may not fully offset bearish bets.