Articles by Daniel Marsh
Rivian Shares Jump 7.85% on R2 Launch; Production Ramp Key to Turnaround
Rivian shares surged 7.85% to $16.76 after the R2 SUV launch, with public deliveries underway. The production ramp is now the key test for RIVN stock.
Annaly Capital Holds Steady After Dividend Increase, Eyes Fed Meeting
Annaly Capital Management shares trade flat near $22 after a dividend boost to $0.75 per share, yielding ~13.6%. Market focus shifts to the Federal Reserve's upcoming policy decision.
Berkshire Hathaway Gains as Taylor Morrison Vote Nears
Berkshire Hathaway (BRK.B) shares closed up 0.71% at $489.25 as the Taylor Morrison acquisition moves toward a shareholder vote, highlighting CEO Greg Abel's capital allocation strategy.
Trump Media Nears 52-Week Low as Focus Shifts to TAE Merger
Trump Media & Technology Group (DJT) shares slid 5.45% to $7.80, hovering near their 52-week low, after dropping plans for a Truth Social spinoff and focusing on a merger with TAE Technologies.
Paramount Skydance Shares Rally After DOJ Approves Warner Bros. Discovery Deal; European Scrutiny Next
Paramount Skydance shares surged after-hours after the DOJ approved its $81 billion Warner Bros. Discovery takeover, removing a major U.S. antitrust hurdle. The next key milestone is the European Commission's July 7 ruling.
Verizon Gains as Dividend Appeal Boosts Dow's Telecom Sector
Verizon shares climbed 2.49% to $48.11 on Friday, outperforming peers and boosting the Dow, as investors favored its high dividend yield ahead of July 24 earnings.
Realty Income Rises on Dividend Hike and $9.5B Investment Target
Realty Income closed at $62.72, up 1.31%, outperforming peers as the market eyes its dividend yield and upcoming operating update.
FreeCast Shares Surge 141% on DIRECTV Deal, Yet Financial Risks Loom
FreeCast shares jumped 141% on a DIRECTV expansion deal, but the stock remains high-risk with only $92,909 in quarterly revenue and a going concern warning.
Red Lobster CEO Pivots to AI and Promotions for Turnaround
Red Lobster CEO Damola Adamolekun is betting on AI for sales forecasting and HR tasks, paired with a new sweepstakes, to recover from bankruptcy, though sales remain over 20% below pre-bankruptcy levels.
Roku Surges 20% on Takeover Speculation, Index Inclusion Looms
Roku shares surged 20% after reports it is exploring strategic options, including a potential sale, as the company also prepares for S&P MidCap 400 inclusion.
