Articles by Daniel Marsh
Intel Shares Tumble Amid Oil Price Surge, Tech Sector Under Pressure
Intel shares dropped 4.8% to $43.34 Tuesday as escalating oil prices and geopolitical concerns triggered a risk-off move across technology stocks. The decline occurred despite new AI-6G partnership announcements at Mobile World Congress.
Apple Shares Dip Amid Market Sell-Off Despite New iPhone and MacBook Launches
Apple shares declined almost 1% to $262.17, with a market-wide risk-off mood driven by surging oil prices eclipsing its latest product announcements. New devices are available for preorder starting March 4.
AMD Shares Drop Amid Tech Selloff as Geopolitical Tensions Weigh
Advanced Micro Devices shares declined 4.8% to $189.16 during Tuesday's session, leading a semiconductor sector selloff. The broader market dropped as investors reacted to escalating Middle East tensions and energy price pressures.
Institutional Investors Boost QQQ Holdings Amid Market Volatility
Three wealth managers expanded positions in the Invesco QQQ Trust during Q3, regulatory filings show, even as the tech-heavy ETF declined with broader markets on Tuesday.
Micron Shares Slide Amid Oil Spike, Tech Rout Overshadows New AI Memory
Micron Technology shares dropped more than 6% Tuesday as a sharp rise in oil prices triggered a broad risk-off move in markets, pressuring chip stocks. The decline came even as Micron announced customer samples of a new high-density, power-efficient memory module designed for AI servers.
Markets Reel as Middle East Conflict Sparks Energy Price Surge
Global equities declined sharply as a widening military conflict with Iran triggered a surge in energy prices and disrupted critical supply routes, raising fresh concerns over inflation and economic growth.
Oil Spike Dampens Fed Rate Cut Bets, Complicates Warsh's Path
Escalating Middle East conflict has sent oil prices surging, forcing markets to sharply reduce expectations for near-term Federal Reserve interest rate cuts. This complicates the policy landscape for Fed chair nominee Kevin Warsh.
Opendoor Shares Extend Decline as 4.99% Mortgage Beta Stirs Margin Concerns
Opendoor Technologies shares extended losses in Tuesday's premarket session, sliding roughly 5% after a sharp decline Monday. The move follows CEO Kaz Nejatian's announcement of a beta program offering 4.99% 30-year fixed mortgages to Opendoor homebuyers.
Palantir Shares Hold Near $145 Amid Thiel Sale Filing, New Lawsuit
Palantir shares traded around $145 premarket following a sharp rally, with co-founder Peter Thiel filing to sell up to 2 million shares. A new lawsuit from a defense contractor alleges fraud and breach of contract.
AES Accepts $15 Per Share Take-Private Bid Led by BlackRock, EQT Consortium
AES Corporation has entered into a definitive agreement to be acquired and taken private for $15.00 per share in cash by an investor group led by Global Infrastructure Partners and EQT Infrastructure. The deal follows a significant stock price decline as investors weigh regulatory hurdles.
AXT Shares Retreat on Insider Sale Plans Following Sector Rally
AXT Inc shares declined over 6% in premarket trading Tuesday, giving back part of Monday's 22% surge. SEC filings revealed the CEO, CFO, and a director filed to sell a combined 753,801 shares worth approximately $30.2 million.