Articles by Daniel Marsh
Futures Mixed as Oil Surge Tests Wall Street Records, AI Stocks Rally
U.S. stock futures were mixed Wednesday as a sharp rise in oil prices fueled inflation worries, checking Wall Street's record run. AI stocks rallied after Nvidia's endorsement of Marvell Technology.
Ondas Shares Dip Despite Navy Contract Win as Insider Sale Weighs
Ondas shares slipped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares for tax withholding, overshadowing a $4.8 million U.S. Navy contract win and a robust $457 million backlog.
Plug Power Monetizes $39M Tax Credit, Investors Eye Liquidity
Plug Power converted a federal clean-energy tax credit into $39.2M in cash, providing near-term liquidity relief. Shares held at $4.09 premarket after a 3.81% gain.
London stocks dip as oil surge, weak services data weigh
UK equities slipped as rising oil prices and weak services data offset gains from B&M and Howden Joinery.
Nubank Stock Tumbles on CFO Change and Credit Quality Fears
Nu Holdings shares dropped 8.16% after the company named former Visa executive Rob Livingston as CFO and BofA Securities downgraded the stock, highlighting credit quality risks.
Laser Photonics Stock Surges on Anti-Drone Evaluation, Listing Risk Looms
Laser Photonics shares soared 161% Tuesday and another 27% premarket after its Laser Shield Anti-Drone system was chosen for a defense technical exchange, but the news is an evaluation milestone, not a contract, and a Nasdaq filing issue still threatens its listing.
Xos Stock Skyrockets on Data Center Power Hub Launch
Xos shares surged 135.8% after hours on the launch of its 2.5MWh Power Hub for data centers, but the company warned of substantial doubt about its ability to continue as a going concern.
Social Security COLA Could Hit 4% in 2027, But Retirees Face Affordability Challenges
Early forecasts suggest the 2027 Social Security cost-of-living adjustment could be around 4%, the biggest since 2023, but high energy and living costs may limit its benefit.
Tesla Stock Rises on China Sales Boost, But Robotaxi Hurdles Loom
Tesla shares rose 1.9% to $423.74 after strong China and Europe EV sales, but high spending and self-driving delays pose risks.
AT&T Stock Ends Six-Day Slide Ahead of Q2 Cash Flow Report
AT&T shares snapped a six-day losing streak, rising 0.37% to $24.64 as investors await the July 22 earnings call for updates on cash flow and wireless demand.
Amazon Stock Dips Despite June Prime Day Announcement; AI Spending Weighs
Amazon shares slipped 1.81% to $256.52 after setting June 23-26 for Prime Day, as surging AI spending and mixed retail outlook tempered investor enthusiasm.