Articles by Daniel Marsh
Chipotle Bounces Back Amid Market Selloff; Monday Will Test Rally
Chipotle stock rose 4.12% on Friday after JPMorgan upgraded it, defying a broad market rout. Monday's trading will test whether the rally is sustainable.
Planet Labs Stock Plunges 26% on $1.5B ATM Offering Despite Record Revenue
Planet Labs shares plummeted 26% after unveiling a $1.5B at-the-market stock sale program, sparking dilution fears despite record revenue and government contract wins.
T1 Energy Plunges 19% After $32M KORE Power Acquisition Deal
T1 Energy shares fell 19.13% to $9.43 after announcing a $32 million deal to acquire KORE Power, entering battery storage and AI data-center infrastructure, with heavy trading and sector-wide weakness.
Grab Shares Slide Amid Nasdaq Selloff, Inflation Concerns Loom
Grab Holdings shares dropped 3.47% to $3.34 as a strong U.S. jobs report fueled Fed rate hike fears, pressuring growth stocks. Investors await inflation data and Grab's solid Q1 results.
Nu Holdings Unveils $1B Buyback Amidst CFO Change and Credit Concerns
Nu plans a $1 billion buyback after a steep weekly decline, as investors weigh a CFO change and rising credit costs against analyst downgrades.
Ford Shares Slide for Fifth Session as EV Sales Plunge and Rate Fears Mount
Ford shares slid for a fifth consecutive session, closing at $14.90, after May U.S. sales dropped 13.6% and EV sales plunged 43.9%. Traders are balancing Ford Energy's growth story against weak demand, recalls, and rate hike fears.
Amazon Slips as Tech Selloff Intensifies; AWS Deal Fails to Stem Losses
Amazon dropped 3.1% on Friday despite a $4 billion AWS deal with Pinterest, as tech selling and rate fears hit the Nasdaq. Investors focus on AI spending, falling free cash flow, and new EU cloud rules.
NuScale Power Slumps 12.5% as Nuclear Sector Faces Broad Selloff
NuScale Power shares plunged 12.5% on Friday amid a broad tech selloff, with weak Q1 revenue and a net loss weighing on sentiment. The nuclear sector also saw declines in peers Oklo and Nano Nuclear Energy.
Rigetti Computing Shares Plunge 19% on Rate Hike Fears; Government Funding Still in Limbo
Rigetti Computing shares fell 19% last week, closing at $20.68, as a strong U.S. jobs report stoked rate hike fears, pressuring high-growth tech stocks. The company awaits a key $100 million government funding letter.
