Articles by Daniel Marsh
P&G Stock Gains as Investors Seek Safety Ahead of CPI Report
Procter & Gamble stock advanced as traders sought shelter in defensive sectors before Friday's CPI release. The company reaffirmed its fiscal 2026 outlook.
UnitedHealth Gains Amid Market Rout as Medicare Advantage Deadlines Loom
UnitedHealth shares advanced nearly 2% on Thursday, defying a broad market decline, as attention turned to key Medicare Advantage policy deadlines and a profit warning from peer Humana.
ServiceNow Holds Near $100 as AI Spending Scrutiny Weighs on Software Sector
ServiceNow shares steadied near $100 following a sharp sell-off, as market pressure mounts on software firms to demonstrate returns from heavy AI investments. All eyes turn to Friday's inflation report for direction.
Bloom Energy Shares Slide 9% Amid AI Spending Doubts, CPI Wait
Bloom Energy shares dropped 9.2% Thursday, reversing early gains as tech stocks retreated. Investors weighed the company's $6 billion backlog against uncertainty over AI infrastructure spending and Federal Reserve policy.
Adobe Stock Slides Amid AI Uncertainty and Rate Concerns
Adobe stock declined 1.4% to $253.66, tracking broader software sector weakness. Investors are weighing AI disruption risks against monetary policy uncertainty.
Verizon Shares Reach 52-Week Peak Amid Telecom Sector Strength
Verizon Communications shares surged to a fresh 52-week high, approaching $50, as telecom stocks rallied against a declining S&P 500. The advance follows the company's robust free cash flow outlook and a multi-billion dollar share repurchase authorization.
Goldman Sachs Shares Slide 3.8% Amid Sector-Wide Retreat Ahead of CPI
Goldman Sachs shares dropped 3.8% to $908.84 Thursday, mirroring a broad decline in financial stocks as markets await Friday's crucial inflation report.
FTSE 100 Retreats from Record High on Weak UK Growth Data
The FTSE 100 closed lower after touching a record intraday high, pressured by disappointing UK economic figures. Schroders shares soared following a major takeover offer from US asset manager Nuveen.
Mortgage Rates Hold Near 6% as Housing Data Dampens Sentiment
Mortgage rates held steady above 6% this week as the housing market shows signs of strain, with existing-home sales declining sharply. Rocket Companies shares fell amid the cautious sentiment.
Lilly Gains on China IBD Drug Approval, Oral GLP-1 Race Heats Up
Eli Lilly shares advanced nearly 2% after securing Chinese approval for its inflammatory bowel disease drug mirikizumab. Investors also await a key U.S. decision on the company's oral weight-loss pill expected in April.