Articles by Daniel Marsh
Western Digital's SanDisk Stake Sale Fuels Stock Volatility, Debt Focus
SanDisk shares advanced as Western Digital divested a significant portion of its stake, raising $3.17 billion for debt reduction. Market attention now shifts to the potential sale of Western Digital's remaining 1.7 million shares.
US Economy Slows Sharply as Inflation Stays Elevated, Complicating Fed Path
The US economy expanded at a 1.4% annualized rate in the fourth quarter of 2025, a significant deceleration from the prior quarter's 4.4% pace. Meanwhile, the Federal Reserve's preferred inflation gauge, core PCE, remained stubbornly high at 3.0% year-over-year.
Tesco Shares Approach 52-Week Peak on Strong UK Retail Sales Data
Tesco's stock climbed 0.3% as stronger-than-expected UK retail sales data lifted sentiment. The shares are now trading just below their recent 52-week high, with focus shifting to the company's upcoming April results.
Aviva Gains on Arena Deal, Eyes March Results and Capital Plans
Aviva shares advanced 1.4% to 652 pence, outperforming the FTSE 100. The insurer announced a major Bristol arena sponsorship, with focus now on its March 5 full-year results and capital strategy.
Diageo Shares Climb on Reports of Executive Overhaul Ahead of Key Results
Diageo shares gained more than 3% after reports surfaced that CEO Dave Lewis is preparing a significant overhaul of the company's top leadership. The market's attention now shifts to the interim results briefing scheduled for February 25.
DBS Advances on Healthcare Social Loan, Eyes Bank Earnings
DBS Group Holdings closed higher, announcing a landmark healthcare social loan. Market attention now pivots to Singapore bank earnings due next week.
ASX 200 Ends Winning Streak as Rio Tinto Disappoints; QBE Earnings Shine
The Australian share market closed slightly lower on Friday, ending a four-session advance, weighed down by weakness in the mining sector following Rio Tinto's annual results. The benchmark index still posted a solid weekly gain of 1.8%.
Indian Equities Recover as Oil, Inflation Data Loom
Indian benchmark indices closed higher on Friday, recovering from the previous session's sharp decline. Gains were led by heavyweight stocks in banking and industrials, while the information technology sector underperformed.
BAT Shares Edge Higher on Buyback Activity and Cautious 2026 Outlook
British American Tobacco shares gained 0.2% in early London trading following a new share repurchase disclosure. Management reaffirmed its 2026 financial targets, noting they are positioned at the lower end of previously stated ranges.
LSEG Stock Gains on Activist Pressure and New AI Platform Launch
London Stock Exchange Group shares advanced roughly 1% in early Friday trading, buoyed by activist investor demands for a major capital return and the debut of a new AI-powered data analytics service.