Articles by Daniel Marsh
American Airlines Stock Bounces Back as Fuel Costs Loom Large
American Airlines shares rebounded 1.5% to $13.50 on heavy volume after a weeklong slide, as the carrier trims summer flights amid soaring jet fuel costs that could add $4-$5 billion to expenses.
RTX Rises on Analyst Upgrade Amid Broad Market Selloff
RTX Corp. shares rose 0.88% Friday on a Jefferies upgrade, while the S&P 500 plunged 2.64% on rate fears. The company's $271 billion backlog and dividend increase offer support.
Palo Alto Networks Dips Despite Strong Forecast, AI Stocks in Focus
Palo Alto Networks shares slid 2.6% to $272.05 Friday despite raising annual revenue outlook and strong growth, as tech selloff pressures AI stocks.
Home Depot Holds Firm Amid Market Turmoil; Housing Data Awaited
Home Depot gained 0.27% Friday to $310.78, bucking a sharp market decline. The stock's resilience will be tested Monday as markets digest a strong jobs report and rising rate concerns.
STMicroelectronics Retreats After AI-Fueled Rally; ECB Decision Looms
STMicroelectronics stock gave back gains on Friday, dropping 5.85% after a 6.6% weekly surge fueled by raised data-center revenue targets. Investors now await the ECB rate decision and broader AI demand signals.
Chevron Holds Ground Amid Oil Market Tightening, Earnings Season Looms
Chevron shares closed at $187.31 Friday, down 0.55% but up 2.7% since late May. CEO Mike Wirth expects oil to face upward pressure into June and July, with the stock's next move tied to tightening markets and U.S. inventory data.
US Mortgage Rates Dip but Fail to Spur Demand as Listings Drop
Mortgage rates eased to 6.48% but applications fell 2.5% for a third straight week, as affordability gains remain marginal and Treasury yields climb.
Mississippi Taxpayers Face Final Deadline After Storm Extension Ends
Mississippi taxpayers have until Monday, June 8, to file and pay 2025 taxes after Winter Storm Fern relief ends. Missing the deadline will reinstate normal IRS enforcement.
Trump Media Stock Tumbles as Merger Doubts and Tech Selloff Weigh
Trump Media & Technology Group (DJT) shares slumped 6% to $8.27 Friday, ending an 11% weekly decline, as a $405.9 million Q1 loss and uncertainty about its $6 billion TAE Technologies merger spooked investors.
Visa Edges Higher Friday, Focus Turns to Inflation Data Next Week
Visa shares rebounded Friday, gaining 1.06% to $323.57, as investors weighed a stablecoin settlement test against a weekly loss and looked ahead to key inflation data.
