Articles by Daniel Marsh
Astrotech Surges on Moon Resource Initiative, But Cash Concerns Loom
Astrotech shares surged 459% on a lunar resource initiative, but the company has no contracts, revenue is falling, and cash is limited.
Ondas Stock Climbs on Drone Funding Buzz Ahead of Key Vote
Ondas shares gained 10.5% premarket as drone funding talks lift sentiment, with a shareholder vote on share authorization looming. Q1 revenue soared to $50.1M.
Red Cat Holdings Surges on Analyst Initiation and Drone Orders
Red Cat Holdings shares surged 9% Wednesday and continued higher pre-market Thursday after H.C. Wainwright initiated coverage with a Buy rating and $20 target.
Nokia Stock Retreats After AI-Driven Surge; Investors Assess Valuation
Nokia shares slipped in Helsinki as investors weigh whether the stock's massive AI-driven rally has run its course. The company reported strong AI and cloud orders, but valuation concerns are emerging.
Lloyds Shares Dip 0.6% Despite Buyback and £500M Green Loan Launch
Lloyds shares slipped 0.6% to 101.4p despite a share buyback and a £500M green loan program as Gulf tensions drove oil prices up nearly 4%, weighing on global markets.
Indian Markets Closed for Holiday; Gift Nifty Signals Weak Start as Oil Surges
Indian markets closed for Bakri Id; Gift Nifty futures fell 0.79% signaling a weak Friday start. Brent crude surged 3.6% to $97.71 amid U.S.-Iran tensions, adding to cautious sentiment.
ASX 200 sinks 1.4% as Middle East strife fuels oil surge, banks and tech slide
Australian shares fell sharply Thursday, with the S&P/ASX 200 down 1.4% to 8,592.90 as renewed fighting near the Strait of Hormuz drove oil prices higher. Banks, miners, and tech stocks each lost over 2%, while gold miners dropped 7.1%.
Wall Street Ends at Records, After-Hours Signals Mixed
The Dow, S&P 500, and Nasdaq finished at record highs Wednesday, but after-hours trading showed mixed signals with Snowflake surging and Salesforce falling. Oil prices rebounded on U.S.-Iran tensions.
Alaska-Hawaiian Merger Hits Turbulence Over Flight Attendant Uniforms
Alaska Air Group's merger with Hawaiian Airlines faces a cultural clash as flight attendants protest new uniform rules banning leis and aloha shirts on certain flights.
Nebius Surges 11.5% After AI Fund Discloses 5.6% Stake
Nebius Group shares surged 11.47% after-hours Wednesday after a filing showed Situational Awareness LP took a 5.6% stake. The AI cloud firm reported Q1 revenue of $399M, up 684%.