Articles by Daniel Marsh
Rocket Lab Stock Surges on Nasdaq-100 Inclusion
Rocket Lab (RKLB) shares surged after the company was added to the Nasdaq-100 index. The move could drive institutional buying, but valuation remains a key concern.
Nebius Group Soars on Nasdaq-100 Inclusion, AI Infrastructure Push
Nebius Group shares jumped 12.9% after-hours on news of its Nasdaq-100 inclusion, driven by a 684% revenue surge and a £1.7 billion UK AI infrastructure investment.
Redwire Stock Surges on $500M ATM Offering, Dilution Risk Weighed
Redwire shares surged 14.93% to $17.09 after filing to sell up to $500 million in new stock, about 15% of its market cap, putting dilution risk in focus.
SoFi Rebounds on Market Rally, but Valuation and Index Exclusion Curb Enthusiasm
SoFi gained 5.04% to $16.67 on Thursday, extending pre-market gains Friday amid a broader market rally. However, the stock remains under pressure from valuation concerns, a 'Hold' consensus, and exclusion from the S&P 500.
SpaceX IPO Buzz Propels Virgin Galactic Shares Higher
Virgin Galactic shares jumped 21.66% to $5.73 on Thursday, driven by anticipation for SpaceX's IPO and a debt-reduction move that added dilution.
Sam's Club Santa Clarita Fuel Station to Close for Three Months
Sam's Club's Santa Clarita fuel station will close from June 15 to Sept. 18 for upgrades, adding new pumps. The main warehouse stays open, but members need alternative gas options.
Wall Street Surges: Dow Jumps 930 Points on Tech Rebound and Geopolitical Easing
U.S. stocks posted their strongest session in months on Thursday, with the Dow soaring 930 points, driven by a tech rebound and easing geopolitical risks. Chip stocks led gains, while Adobe dropped after CFO departure.
Bradesco Shares Surge on Brazil Market Rebound, Strong Q1 Earnings
Bradesco shares climbed on a broad Brazil market recovery, with the bank posting strong first-quarter earnings. Insider selling was reported, but the controlling group's stake remained unchanged.
Scotiabank Hits New High as TSX Rebounds on Financials Rally
Bank of Nova Scotia surged to a 52-week high, closing up 1.24% at C$115.27, as the TSX rebounded 1.5% on financial sector strength and strong trading volume.
Moderna Stock Surges 8% Amid Nasdaq Rally, Cancer Vaccine Progress in Focus
Moderna shares surged nearly 8% to $49.64, tracking a broad Nasdaq rally. Investors are focused on the company's mRNA cancer vaccine pipeline after UK regulators cleared a new trial for Lynch syndrome.