Articles by Daniel Marsh
Philip Morris Shares Slide 6% in Short Week Amid Zyn, FDA, CEO Webcast Focus
Philip Morris shares dropped 6.14% in a holiday-shortened week, closing at $177.38, as the market awaits CEO Jacek Olczak's webcast and FDA policy changes on nicotine products.
Vistra Ends Holiday Week Higher as AI Power Demand Dominates
Vistra Corp. ended the holiday week with a 2.5% gain, closing at $160.23, as AI-driven power demand remained in focus. Q1 net income reached $1.03 billion.
Texas Instruments Stock Retreats After AI-Fueled Surge, Analysts Eye Growth
Texas Instruments shares dropped 3.25% on Friday, pulling back from a 52-week high as analysts highlight AI data-center power chip demand and improving industrial and auto markets.
NextEra Energy Aims to Rebound as Dominion Deal and AI-Driven Demand Shape Outlook
NextEra Energy (NEE) ended the week at $87.01, down 0.28%, as its $66.8B acquisition of Dominion Energy remains pending. The deal, which would expand NextEra's PJM footprint, is driven by surging AI-related electricity demand.
Amphenol Shares Surge 12.65% in Holiday Week; AI Demand and Analyst Upgrade Fuel Optimism
Amphenol shares surged 12.65% last week, closing at $148.76. BNP Paribas Exane raised its target to $200, and Q1 sales soared 58% to $7.6 billion, fueled by AI infrastructure spending.
Verizon Stock Slips as Tech Surge Drives Markets to Records; Jobs Data in Focus
Shares of Verizon (VZ) fell 1.1% for the week, ending at $47.81, while major U.S. indices hit new record highs driven by tech stocks.
Coca-Cola Stock Slides on Profit Taking Amid Strong Year-to-Date Rally
Coca-Cola shares dropped 1.74% to $79.01 on Friday, closing the holiday-shortened week nearly 3% lower, as profit taking in the defensive stock outweighed a broader market advance.
Eaton Ends Short Trading Week with Slight Decline, $400 Level in Focus
Eaton Corp shares slipped 0.3% to $400.60 Friday after a volatile short week, capping a 2.4% weekly gain. The $400 level gains significance as the stock trades at a high P/E while facing margin headwinds.
CEG Stock Dips as AI Power Catalyst Looms
Constellation Energy closed at $287.75, down 2.1% for the week. A regulatory ruling on restarting Three Mile Island for a Microsoft data center contract could come by July.
McDonald's Stock Dips Despite Friday Uptick as Market Hits New Highs
McDonald's shares dropped 1.1% for the week despite a 0.44% gain on Friday, as Wall Street indexes reached new highs. The company faces headwinds from rising gas prices and softer low-income consumer spending.
Quanta Services Stock Stalls After Weekly Loss; Key Factors to Watch
Quanta Services shares slipped 2.5% Friday, capping a 1.6% weekly decline. The stock remains near 10% below its May peak as investors weigh a buyback, analyst upgrade, and project risks.