Articles by Daniel Marsh
S&P 500 Futures Edge Higher as Inflation Data and Tech Earnings Loom
U.S. stock futures climbed Wednesday, with S&P 500 and Nasdaq contracts up, as traders await inflation data and tech earnings. Intel slipped after a surge on Google AI chip order news.
Tech Stocks Slide, Oil Surges After US Strikes on Iran; CPI in Focus
US stock futures declined and oil prices advanced following US military strikes on Iran, intensifying a selloff in technology shares. Markets are now focused on Wednesday's inflation data and the anticipated SpaceX IPO.
Keel Infrastructure Tumbles on $458M Convertible Debt for AI Data Centers
Keel Infrastructure shares plunged 4.24% to $5.42 after a $458M convertible debt deal for AI data centers, sparking dilution worries. Volume doubled.
Nokia Tumbles 7% as Nvidia's 6G Ambitions Cast Doubt on AI-Driven Growth
Nokia shares fell 7% on Tuesday amid reports that Nvidia is entering the 6G space, stoking fears over Nokia's AI growth narrative and its ability to maintain market share.
Social Security Fund Depletion Accelerated to 2032, 22% Benefit Cut Looms
Social Security's retirement fund is now expected to run out of reserves by late 2032, forcing a 22% cut in benefits without congressional intervention, as demographic and tax changes worsen the outlook.
Xcel Brands Surges on Coco Rocha-Baggallini Deal; Thin Float Fuels Volatility
Xcel Brands shares surged 10.5% to $2.10 on record volume after announcing an exclusive Baggallini-Coco Rocha handbag deal. The stock's tiny float of under 4 million shares amplified the move, despite ongoing financial challenges.
Ford's AI and Energy Gains Stall as GM Unveils Sodium-Ion Battery Deal
Ford stock slips to $14.95 amid GM's sodium-ion battery news and a 13.6% sales decline. EDF deliveries not until 2028, but regulatory advantages may buoy the stock.
NuScale Power Slumps 7% as Nuclear AI Trade Falters
NuScale Power dropped 7.2% to $10.00 on heavy volume as risk-off sentiment hit nuclear stocks, with revenue declining sharply and no new contracts announced.
Opendoor Prepares for Russell 3000 Inclusion Amid Housing Market Challenges
Opendoor shares rose 0.8% to $4.34 as investors position for Russell 3000 inclusion. Q1 revenue fell to $720M with a $173M net loss, and the company warns of mortgage rate and housing market risks.