Articles by Daniel Marsh
Bradesco Preferred Shares Edge Up Ahead of R$3.5 Billion Payout
Bradesco preferred shares edge up ahead of a R$3.5 billion interest-on-equity payout. Record date is July 3, ex-rights July 6.
Fox taps Tubi comms lead for digital strategy as Roku deal value shifts
Fox Corp (FOXA) has appointed Seana Sullivan, former Tubi communications head, as SVP of corporate communications to lead messaging for its digital businesses, including the planned Roku (ROKU) acquisition.
Nokia Shares Dip as FMR's Voting Stake Slips Below 5% Threshold
Nokia shares edged lower after FMR LLC's voting rights fell to 4.92%, slipping below Finland's 5% disclosure threshold, though its economic stake stayed at 5.20%.
Walmart Slumps 4% on Weak Sales Data, $38B Market Cap Erased
Walmart shares tumbled 4.2% after Cleveland Research reported weaker U.S. comparable sales trends, erasing $38 billion in equity value. The selloff was stock-specific, with other retailers trading flat or higher.
Constellation Energy Drops 5.8% as Share Overhang Looms Despite PJM Heat Wave
Constellation Energy shares slid 5.8% Wednesday, pressured by a looming share overhang despite PJM preparing for record power demand amid a heat wave.
UiPath Surges 8% on Heavy Volume Amid High Short Interest
UiPath (PATH) shares surged 8% on heavy volume, with short interest at 32% of float. The rally outpaced software ETFs, driven by buybacks and short-covering dynamics.
Hims & Hers Shares Surge on Canaccord Upgrade Amid GLP-1 Shift
Hims & Hers shares climbed 9.5% to $37.97 after Canaccord Genuity raised its target to $40, reflecting a 25% bump. The company's GLP-1 strategy and Medicare's new Bridge program are reshaping the weight-loss drug market.




