Articles by Daniel Marsh
Fidelity Bolsters Active ETF Team with State Street Hire
Fidelity International appoints Elisa Prezzavento as director of ETF product strategy, hiring from State Street to expand its active ETF lineup in Europe and Asia-Pacific.
Vertiv Stock Splits Opinion as AI Bets Diverge Among Funds
Vertiv (VRT) attracts divided institutional interest: New Age Alpha ups stake 466%, while two other funds reduce holdings. AI data center demand lifts Q1 sales 30%.
Uber's Bid for Delivery Hero Faces Investor Skepticism as Shares Trade Above Offer
Delivery Hero shares remain above Uber's €33 bid, with investors anticipating a higher offer amid competition from DoorDash and shareholder resistance.
Bank of America Initiates Oklo Coverage with $80 Buy Target
Oklo shares edged higher premarket after Bank of America started coverage with a Buy and $80 target, citing its Meta power deal and regulatory progress.
AI Infrastructure Stocks Diverge: Super Micro, Alphabet, and Nebius Show Varied Prospects
AI infrastructure stocks are diverging as Super Micro Computer (SMCI) outperforms Nebius (NBIS) in near-term appeal, while Alphabet (GOOGL) is seen as a safer long-term bet. Teradyne (TER) and Cisco (CSCO) also benefit from AI-driven demand.
Taiwan Market Surpasses India as TSMC Drives AI-Fueled Rally
Taiwan's market value hit $4.95 trillion, overtaking India, as TSMC surged 49% on AI chip demand. India fell amid rising oil prices.
Airline Stocks Edge Up as Oil Spike Raises Fuel Cost Concerns
American Airlines shares edged higher in premarket trading Tuesday, while Brent crude surged over 3% after U.S. strikes on Iran, reigniting fuel cost concerns for the airline industry.
Centrica Dips as Ofgem Price Cap Decision Looms, New British Gas Tariff Unveiled
Centrica shares slipped 0.4% to 199.55p in early London trading Tuesday, lagging the FTSE 100 as markets await Ofgem's energy price cap decision and British Gas launched a new two-year fixed tariff.
BP Shares Slip 0.6% Despite Oil Surge as Debt Concerns Loom
BP shares declined 0.6% in London despite a 2% rise in Brent crude to $98.21, as investors focused on the company's rising net debt of $25.3 billion and paused buybacks.
Ferrari's EV Debut Spurs Share Decline as Market Weighs Brand Transition
Ferrari shares dropped 6% following the reveal of its first electric car, the Luce, a €550,000 model. The decline highlights investor caution about the brand's luxury EV strategy.