Articles by Daniel Marsh
Tesla Holds Steady at $417 Amid AI Volatility and Rate-Cut Speculation
Tesla shares closed nearly unchanged at $417.44 ahead of a market holiday, with investors focused on inflation data and AI-related volatility. The company moved its Full Self-Driving feature to a subscription model.
Amazon's Nine-Day Slide Marks Longest Losing Streak in Nearly Two Decades
Amazon shares declined for a ninth straight day, marking their longest losing streak since 2006. The stock has retreated more than 20% from its November peak as investors scrutinize the company's massive AI spending plans.
S&P Global Surges 3% on Insider Purchase, Rate Relief
S&P Global shares gained 3.1% Friday, buoyed by an insider purchase and a decline in Treasury yields following January inflation figures. Trading volume was nearly double the average.
PepsiCo Shares Dip Ahead of Key Investor Conference
PepsiCo shares fell 0.8% to $165.94 Friday as markets prepared for a holiday closure. Attention shifts to the company's Feb. 18 presentation at the Consumer Analyst Group of New York conference.
AGNC Dips on CPI Data, Dividend Set as Fed Minutes Loom
AGNC Investment Corp shares declined slightly Friday as Treasury yields fell following cooler-than-expected U.S. inflation data. The mortgage REIT declared a February dividend of $0.12 per share.
Ares Capital Ends Week Below NAV as Investors Eye Fed Minutes
Ares Capital shares finished Friday at $19.37, down 0.5% and trading at a discount to NAV. Markets will be closed Monday for Presidents Day.
McDonald's Shares Retreat Amid Analyst Upgrades, Macro Focus
McDonald's shares declined 1.4% to $327.58 Friday, erasing earlier gains, as investor attention shifted to upcoming Federal Reserve minutes and economic indicators.
3M Shares Dip on Ex-Dividend Date Amid Insider Transactions
3M shares declined 1.6% on Friday, trading ex-dividend for its upcoming $0.78 per share payment. The drop coincided with regulatory filings showing insider stock sales.
Main Street Capital Shares Decline Ahead of Earnings Report
Main Street Capital shares dropped 2.4% to $59.44 Friday, underperforming alongside peers in the business development company sector. The company reports quarterly earnings on February 26.
Chipotle Shares Gain After Major Investor Reveals 7.7% Stake
Chipotle Mexican Grill shares advanced 1.3% Friday, ending a three-day decline, following a regulatory filing showing Capital World Investors acquired a 7.7% stake. The company anticipates 1-2% menu price increases this year.