Articles by Daniel Marsh
AT&T Shares Dip Amid Broad Market Gains, Focus Shifts to Key Economic Data
AT&T stock declined 0.7% to $27.13 on Friday, underperforming a broader market rally that pushed the Dow Jones Industrial Average above 50,000. Investors are now awaiting delayed U.S. employment and inflation reports.
Abbott Shares Gain on Insider Purchase and Positive Cardiac Device Data
Abbott Laboratories stock rose 1.6% Friday following a director's $1.09 million share purchase and new clinical data for its heart rhythm devices presented at a medical symposium.
Linde Shares Face Pressure After JPMorgan Downgrade, Focus Turns to Pricing Outlook
Linde stock fell 2.53% to $448.07 Friday after JPMorgan cut its rating to Neutral, citing valuation and flat sequential pricing. Investors await U.S. jobs data and company conferences this week.
GE Vernova Surges 5.6% as Energy Infrastructure Demand Fuels Rally
GE Vernova shares climbed to $779.35 amid a broader market rally, buoyed by new wind orders and a strategic alliance. Analysts highlight the early-stage energy infrastructure cycle but note wind segment risks.
MUFG Shares Surge as Japan Election Outcome Fuels Bond Yield and Yen Speculation
Mitsubishi UFJ Financial Group's stock rose sharply following Prime Minister Sanae Takaichi's election victory, reigniting market bets on higher bond yields and a weaker yen. Traders are closely monitoring Bank of Japan signals and bank bond portfolio risks.
Shell Halts Kazakhstan Investments Amid Legal Disputes, Posts Mixed Q4 Results
Shell paused new Kazakhstan investments due to legal disputes over project costs, reported $3.3B Q4 profit below estimates, and will switch auditors to PwC from 2027. Shares edged up 0.2%.
Reliance Industries Faces Dual Catalysts: Russian Crude Shift and Australian Acquisition
Reliance Industries shares are poised for attention as reports indicate Indian refiners are avoiding new Russian crude contracts, while its consumer arm secures a majority stake in Australia's Goodness Group.
Siemens Gains on Major Copenhagen Rail Contract Ahead of Key Earnings Week
Siemens shares advanced 2.45% following a €3 billion automated train contract win in Copenhagen. Investors now focus on upcoming Q1 results and a proposed €5.35 dividend.
Bank of China Shares Slip Ahead of Key Inflation Data Release
Bank of China's Shanghai-listed A-shares declined 0.93% to 5.35 yuan on Friday as investors await crucial CPI and PPI figures this week. The data could influence monetary policy and bank profitability outlooks.
IHC Shares Remain Static Near AED 400 as ADX Trading Resumes
International Holding Company PJSC stock held flat at AED 399.60 with minimal volume, showing no reaction to broader Gulf market gains driven by diplomatic developments.