Articles by Daniel Marsh
SoFi Technologies Rises on Wall Street Rally Ahead of Fed Meeting
SoFi Technologies (SOFI) climbed 3.3% to $17.13 on Monday, driven by a broader market rally amid easing inflation fears and lower oil prices, as all eyes turn to the Fed's upcoming meeting.
Oil Price Plunge on Iran Deal Drives Mortgage Rates to One-Month Low
Mortgage rates hit a one-month low of 6.56% after oil prices fell sharply on a tentative U.S.-Iran deal. Markets now focus on the Fed's upcoming rate decision.
Einhorn's DME Capital Takes Stake in StubHub, World Cup Demand Lifts Stock
StubHub shares jumped 23% after David Einhorn's DME Capital disclosed a new stake. Guggenheim reiterated its Buy rating, pointing to World Cup ticket demand and strong Q1 earnings.
Markets Rally on Iran Deal Hopes; Mortgage Rates Slip, Tech Stocks Surge
US stock futures rallied Tuesday amid easing geopolitical tensions and lower oil prices. Mortgage rates hit a one-month low, while SoFi and Grab shares climbed. Rathbones Group tumbled after regulatory action.
Intel Gains as Chip Stocks Rally on Easing Inflation, AI Optimism
Intel shares rose $3.26 to $127.86 as chip stocks rallied on easing inflation and AI optimism. The Philadelphia Semiconductor Index closed at a new high. Investors now await Intel's Q2 earnings on July 23 for proof of demand-driven revenue growth.
HUBC Stock Skyrockets on Filing Activity and Nasdaq Compliance Concerns
HUBC shares jumped 42% following ownership filings and a reverse split, but the real focus is on the overdue 2025 Form 20-F and Nasdaq compliance plan due July 17.
Nokia Shares Retreat as AI-Driven Rally Pauses Ahead of Q2 Report
Nokia shares dropped 3.32% in Helsinki as the AI trade cools, with investors awaiting July 23 Q2 results to validate a 74% three-month rally.
American Airlines Stock Rises on Oil Price Drop Amid Iran Deal
American Airlines shares climbed 3.3% to $15.46 after oil prices plunged on a U.S.-Iran deal easing Strait of Hormuz fears, lifting hopes for lower fuel costs.
Keel Infrastructure Rises as ATB Reaffirms Bullish Stance Post $458M Financing
KEEL closed at $5.66, up 1.25%, after ATB Capital Markets resumed coverage with an Outperform rating and $10 target, citing the company's $458 million convertible-note financing for AI and HPC data-center growth.
POET Technologies Surges on AI Photonics Hype, Financials Show Big Gap
POET Technologies rose to $13.93 on heavy volume, driven by AI photonics hopes, but with minimal revenue and a net loss, its $2.4 billion valuation remains speculative.
Allegiant Air Cuts 61 Routes in Major Summer Network Overhaul
Allegiant Air is slashing 61 routes from its July 2026 schedule versus July 2025, leading to a net reduction of 12 routes despite new additions, with smaller airports hit hardest.