Articles by Daniel Marsh
Dow Hits Record as Oil Retreats, Healthcare Surges; Broadcom Disappoints
The Dow rose 1.60% to a record 51,496.83 as oil prices eased and hopes for an end to the Iran war lifted healthcare and financial shares, offsetting weakness in AI stocks led by Broadcom.
Oscar Health Jumps 15% on Wells Fargo Upgrade Citing Better Exchange Outlook
Oscar Health shares surged 15.5% to $23.68 after Wells Fargo upgraded the stock to Equal Weight, citing improved 2026 exchange trends but limited visibility beyond this year.
Grab Holdings Rises as Nasdaq Slips; Fintech Growth in Focus
Grab Holdings shares rose 2.9% on Thursday, bouncing from prior losses, as the market evaluates its Q1 results and fintech expansion amid sector headwinds.
Veru Stock Surges on Novo Nordisk Obesity Trial Collaboration
Veru shares surged 112% to $4.78 after Novo Nordisk will provide Wegovy for Veru's Phase 2b obesity trial. Analysts kept $24-$25 targets, but Veru warned of trial risks and reimbursement challenges.
Keel Infrastructure Tumbles as AI Data Center Hopes Face Permitting Hurdles
Keel shares slipped 1.7% after a 98% monthly surge, as the market focuses on whether the company can convert its power-rich sites into AI data center leases amid Q1 losses.
AT&T Stock Slides on SpaceX Starlink Threat and Regulatory Setback
AT&T shares fell 3.7% on Thursday after Oppenheimer downgraded the stock, warning that SpaceX's Starlink could disrupt the US communications market. The Supreme Court also upheld FCC fines against AT&T.
Nu Holdings Rises on $1B Buyback but Analysts Stay Wary
Nu Holdings shares rose 4% on a $1 billion buyback announcement, but analysts remain cautious amid CFO change and credit concerns.
Redwire Shares Surge on Space Strawberry Contract
Redwire shares soared 14.6% to $21.33 after winning a contract to grow strawberries on the ISS, but the undisclosed deal value leaves near-term financial impact uncertain.
Foxx Development Stock Skyrockets Amid Filing Activity and Compliance Boost
Foxx Development shares surged over 100% on heavy Nasdaq volume, fueled by compliance news and ownership shifts, though the company warned of going-concern risks.