Articles by Daniel Marsh
Palantir's Valuation Debate Intensifies as Stock Dips Ahead of Annual Meeting
Palantir shares dropped 4% as the debate over its $374 billion valuation intensified, with bears warning of a potential 50% decline if growth expectations aren't met.
Social Security Benefits Could Face 24% Cut by 2032 Without Congressional Action
Without Congressional intervention, Social Security benefits could be cut by 24% starting in 2032, reducing average monthly payments by $500 for millions of retirees.
Keel Infrastructure Gains on AI Hopes Despite No New Leases
Keel Infrastructure Corp. (KEEL) edged higher in premarket trading Wednesday, driven by AI data-center lease speculation despite no new deals. Shares have surged 98% in a month.
Archer Aviation Dips Below $7 Amid Cash Burn Concerns and Certification Hurdles
Archer Aviation stock trades under $7 as first-quarter results show heavy cash burn and ongoing certification challenges, with Cantor Fitzgerald maintaining an Overweight rating.
J-Star Rallies on Texas Battery Plans Ahead of Nasdaq Vote
J-Star Holding shares jumped to $1.36 in premarket trading after providing updates on its proposed $122.5 million solid-state battery plant in Baytown, Texas, ahead of a shareholder vote on a reverse split.
T1 Energy Shares Dip After $32M KORE Power Acquisition
T1 Energy stock slipped 1.3% premarket after unveiling a $32M acquisition of KORE Power, targeting growth in battery storage and AI data-center markets.
National Grid Summer Aid Events Target Rising Massachusetts Power Bills
National Grid kicks off customer-assistance events in Worcester to offset summer electricity costs, pairing bill relief with grid upgrades ahead of expected high demand.
Opendoor CEO Urges Shareholder Votes Amid Proxy Fight, Russell 3000 Inclusion Looms
Opendoor stock dipped 0.92% premarket as CEO Kaz Nejatian urged shareholders to vote before a June 11 proxy fight, with ISS and Glass Lewis recommending against him. The company's pending Russell 3000 inclusion on June 26 adds a technical catalyst.
Opendoor CEO Urges Shareholders to Vote Amid Proxy Fight Ahead of Russell 3000 Inclusion
Opendoor shares dipped 0.92% to $5.36 premarket as CEO Kaz Nejatian pushes for shareholder votes before a June 11 proxy fight, with ISS and Glass Lewis opposing him. The stock's upcoming Russell 3000 inclusion adds a technical catalyst.
American Airlines Suspends Pittsburgh-Los Angeles Flights Amid Fuel Cost Surge
American Airlines (AAL) suspends daily Pittsburgh-Los Angeles flights from Aug. 5 to Oct. 4 due to high jet fuel costs, trimming a key West Coast route as fuel expenses surge over $4 billion.
Ford Recall Overshadows CFO's UBS Conference Appearance
Ford recalls 420,000 SUVs over seat-belt issue, shares slide 2.89% ahead of CFO Sherry House's UBS conference appearance.
Partners Group Shares Tumble After Capping Withdrawals on $8.6B Fund
Shares of Partners Group fell 16% after the firm capped withdrawals on its $8.6B Global Value SICAV fund, as redemption requests hit 9.8% of NAV, nearly double the 5% quarterly limit.