Articles by Daniel Marsh
Fed Meeting, Oil Prices, and SpaceX IPO in Focus Ahead of Tuesday's Open
U.S. stocks face key risks as investors await the Fed's June 16-17 meeting, with inflation at 4.2% and Brent crude at $86.80. A potential U.S.-Iran deal could lower oil prices and ease inflation, while SpaceX's strong Nasdaq debut signals demand for AI-linked growth stocks.
IFC Commits $15M to Caribbean Resilience Fund, Targeting $125M
IFC commits up to $15 million to the CCRF Debt Sub-Fund, its first Caribbean debt fund investment, targeting $125 million for medium-sized enterprises and resilience projects across 13 countries.
Archer Aviation Dips on Insider Sale Filing and FAA Hurdles
Archer Aviation shares dropped 4.15% after officer Eric Lentell filed a Form 144, raising concerns over insider selling and dilution as the company progresses through FAA certification.
Pfizer Holds Steady at $26.21, 6.6% Yield Attracts Amid Drug Pricing and Pipeline Risks
Pfizer shares ended the session nearly unchanged at $26.21, with a 6.6% dividend yield drawing income-focused investors even as drug pricing pressures and patent cliff risks cloud the outlook.
Lloyds Shares Surge on Buyback, Focus Shifts to BoE Rate Decision and H1 Results
Lloyds Banking Group shares jumped 4.27% on a buyback, with the BoE rate decision and H1 results next catalysts.
AT&T Jumps 2.5% on Bullish Analyst Initiation, Q2 Earnings in Focus
AT&T shares surged 2.5% Friday after Freedom Broker started coverage with a Buy rating and $30 target. The market now looks ahead to July 22 Q2 earnings for subscriber and cash flow data.
Elbit Systems Surges 11.5% on German SkyStriker Deal and US Howitzer Pact
Elbit Systems shares surged 11.5% on June 11 after announcing a strategic partnership with Diehl Defence for SkyStriker loitering munitions and a US howitzer pact with Anduril.
Plug Power's Eight-Day Slide Continues as Investors Eye Key Asset Sale
Plug Power shares fell for an eighth straight session, closing at $2.76, underperforming major indexes, as investors focus on the upcoming $132.5-$142 million Stream Data Centers asset sale, a key liquidity event due by June 30.
EchoStar Tumbles as SpaceX Direct Listing Dims Proxy Appeal
EchoStar plunged 11% on Friday as SpaceX's IPO allowed direct investment, reducing the proxy appeal. The stock now hinges on closing the AT&T spectrum sale and addressing a defaulted interest payment.
Mortgage Rates Linger Near 2026 Highs as Fed Meeting Looms
U.S. mortgage rates are hovering near their highest levels since 2026, with the 30-year fixed averaging 6.57% as borrowers await the Federal Reserve's next move.
KEEL Stock Hovers Near $5.66 on AI Debt Deal and Russell 3000 Inclusion
KEEL stock trades near $5.66 after hours as investors digest a $458M convertible note deal and upcoming Russell 3000 index inclusion, balancing AI data-center potential against ongoing losses.