Articles by Daniel Marsh
Micron Plunges 13% as $1.3 Trillion Chip Wipeout Hits AI Stocks
Micron Technology (MU) dropped 13% Friday, contributing to a $1.3 trillion semiconductor selloff, as investors penalized the chipmaker for delivering 'good but not better' AI news despite record revenue and Nvidia's HBM4 qualification.
Amazon Stock Falls 3% on Rate Jitters, AI Rally Pauses
Amazon shares tumbled 3.1% on Friday amid a broad tech sell-off triggered by a stronger-than-expected jobs report, which revived fears of prolonged high interest rates.
Scage Future Stock Surges 195% Amid Volatility Halts, Then Drops in After-Hours Trading
Scage Future stock nearly tripled on Friday, hitting two volatility halts, but reversed sharply in after-hours trading after the company warned of losses and potential shareholder dilution.
Azul Logística Slashes Brazil Cargo Transit to 3-4 Days
Azul Logística launches dedicated Campinas-Porto Velho freighter route, cutting delivery times to Brazil's North from over 10 days to 3-4 days, as part of post-bankruptcy 'responsible growth' strategy.
Wall Street Tumbles as Hot Jobs Data Dashes Rate Cut Hopes
U.S. stocks fell sharply Friday as a robust jobs report led traders to price in higher odds of a Fed rate hike, sending the Nasdaq down over 3% and the semiconductor index into its worst drop since the tariff rout.
AT&T Rebounds Amid Starlink Disruption Fears
AT&T shares rebounded 1.1% to $23.02 after Oppenheimer downgraded the stock, citing Starlink's potential to disrupt the $1.6 trillion U.S. telecom industry.
Southwest Airlines Eyes Long-Haul International Expansion to Boost Revenue
Southwest Airlines is expanding its network with new leisure routes and long-haul international ambitions, targeting eight to 12 destinations within five years to drive growth after record Q1 results.
Meta Stock Drops 5.6% on AI Funding Plans and Equity Sale Fears
Meta shares dropped 5.6% after reports of a potential equity sale to fund AI infrastructure. Capex guidance rose to $145 billion for 2026, spooking investors despite strong ad results.



