Articles by Daniel Marsh
Tesco Expands London Footprint with Former Amazon Fresh Sites, Plans 70+ New Stores
Tesco has acquired five former Amazon Fresh locations in London, converting them to Express stores by summer. The retailer aims to open over 70 additional Express shops by March 2027.
Visa, Mastercard Retreat Amid Tech Rebound; Focus Turns to Jobs, CPI Data
Visa shares fell 1.8% to $325.58, with Mastercard down 2.4%, as payment networks lagged a broader market rally. Investors are awaiting key U.S. payrolls and inflation figures due this week.
ServiceNow Leads Software Rebound as Traders Eye Key Economic Data
ServiceNow shares surged over 3% in late trading, leading a broad software sector recovery. Investors are closely watching upcoming U.S. payrolls and inflation data for market direction.
Netflix Shares Dip After-Hours as Warner's UK Streaming Move Revives Deal Focus
Netflix stock declined 0.9% in extended trading following Warner Bros Discovery's announcement of HBO Max's UK launch and corporate restructuring plans that could shift entertainment assets to Netflix.
Dow Holds 50,000 as Markets Await Key Jobs, Inflation Data
The Dow Jones Industrial Average edged up 17 points to 50,132.79, maintaining its position above the 50,000 threshold. Investors are focused on upcoming employment and inflation reports, which could influence Federal Reserve policy.
Intel Retreats in Extended Trading as Investors Eye Economic Data, Chip Sector Diverges
Intel shares declined 0.7% in after-hours trading following a volatile session, while rivals Nvidia and AMD advanced. Market focus shifts to upcoming U.S. jobs and inflation reports.
Microsoft Rebounds 3% as Software Stocks Recover from AI Selloff
Microsoft shares gained 3.1% to $413.68, lifting its market cap to $3.59 trillion. The rebound follows a sector-wide pullback, with analysts divided on AI spending and cloud capacity constraints.
Apple Shares Dip in Extended Trading Ahead of Key Economic Data
Apple shares declined 1.3% in after-hours trading Monday, underperforming a broader tech rally as investors await U.S. jobs and inflation reports. The company's annual shareholder meeting is scheduled for February 24.
BlackRock Shares Gain on Deutsche Bank Aladdin Integration and Fund Restructuring
BlackRock's stock rose 2.5% following an FX workflow automation partnership with Deutsche Bank and a consolidation of municipal closed-end funds. Investors await CFO commentary and key economic data.
Seagate Shares Dip Amid Analyst Target Hikes, Macro Data in Focus
Seagate stock declined 0.4% to $427.48 despite Loop Capital raising its price target to $700. Investors await U.S. jobs and inflation data for interest rate signals.
Amgen Shares Slide on FDA Setback and Enbrel Weakness, Pressuring Dow
Amgen stock fell nearly 2% Monday, pressured by an FDA request to withdraw rare-disease drug Tavneos and a sharp 48% quarterly drop in Enbrel sales. The decline weighed on the price-weighted Dow Jones Industrial Average.