Articles by Daniel Marsh
ANZ Shares Gain on RBA Rate Decision and NZ Leadership Transition
ANZ Group Holdings rose 1.01% to A$34.17, driven by a broader market rally and anticipation of the RBA's June 16 rate decision, alongside a leadership shift in its New Zealand unit.
CoreWeave Surges on Nasdaq-100 Inclusion, Debt Deal Fuels AI Expansion
CoreWeave shares surged 9% after being added to the Nasdaq-100, with index inclusion set for June 22. The company also priced $1.25 billion and €2 billion in high-yield notes for AI infrastructure, but remains high-risk due to losses and leverage.
Tesla-SpaceX Merger Odds Climb to 54% on Kalshi After Record SpaceX IPO
Kalshi traders see a 54% chance Tesla and SpaceX merge before May 2027 after SpaceX's record $75B IPO. Tesla's high valuation and Q2 delivery numbers are critical catalysts.
Rubico Shares Surge on Trillium Filing Flip, Ownership Uncertainty Looms
Rubico Inc. shares jumped 35% after a Trillium Trading filing showed a 5.4% stake, only to be amended to 0% the next day, fueling volatility and focus on dilution risks.
Cipher Digital Rises on AI Data Center Financing Details
Cipher Digital shares rose 9% to $24.66 after pricing $810 million in senior secured notes for its Stingray AI data center. The June 15 closing is a key catalyst, though high volatility and losses keep the stock risky.
Pfizer Shares Edge Higher After RBC Upgrade
Pfizer shares edged up Friday after RBC Capital upgraded the stock to Sector Perform, citing a more balanced risk-reward. Investors now focus on upcoming 2026 oncology trial data.
POET Technologies Shares Rally 13% Amid AI Photonics Speculation and Legal Overhang
POET Technologies stock jumped 13% to $12.74 on heavy volume, driven by AI photonics optimism ahead of a key shareholder meeting, though legal and dilution risks persist.
Amazon Stock Dips on $17.5B AI Loan, Cash Flow Squeeze Before Prime Day
Amazon shares slipped 1.6% as a new $17.5 billion loan for AI spending raised concerns about capital expenditures and free cash flow, with Prime Day approaching.
Markets Mixed as Oil Eases, SpaceX IPO Debuts with $2 Trillion Valuation; Fed Meeting Looms
U.S. stocks edged higher Friday with the Dow up 176 points, as oil declines and hopes for a Middle East peace deal bolster sentiment. SpaceX's IPO surged 30% above its offer price, while the Fed's upcoming meeting remains a key focus.
Dow Rises Past 51,000 on Oil Dip, Fed and SpaceX in View
The Dow Jones rose above 51,000 on Friday, buoyed by lower oil prices and easing geopolitical risks. Goldman Sachs and Caterpillar drove the index, while markets await the Fed's June meeting and SpaceX's IPO.
Ondas Shares Slide as Profitability Doubts Overshadow Growth
Ondas Inc. shares dropped 5% as investors weighed rapid revenue growth against ongoing cash burn and dilution risks, with the LADOS launch at Eurosatory 2026 as the next catalyst.
Bank of America edges up ahead of Fed stress test, Q2 earnings
Bank of America shares edged higher Friday, outperforming the broader market as investors look ahead to the Fed's stress test and Q2 earnings report.