Articles by Daniel Marsh
SoFi Shares Dip 3.6% as CEO's Buying Average and Funding Costs Take Center Stage
SoFi Technologies (SOFI) shares slid 3.6% to $17.26, nearly matching CEO Anthony Noto's 2026 open-market buying average, as investors weighed insider buying and deposit funding strength.
Rocket Lab Drops 7% on Nasdaq-100 Debut Amid Dilution Fears and Space Selloff
Rocket Lab shares dropped 7.2% to $99.49 on its Nasdaq-100 debut, pressured by a $3 billion at-the-market stock sale program and a broader space sector decline.
Student Loan Autopay Discount Slashed Ahead of July Reset
Eligible federal Direct Loan borrowers will receive a temporary 1-point interest rate cut through autopay from July 1, 2026, to June 30, 2028, as new loan rates increase to between 6.52% and 9.07%.
AbbVie Acquires Apogee Therapeutics for $10.9B in Cash, Bolstering Pipeline
AbbVie announced a $10.9 billion cash acquisition of Apogee Therapeutics, adding a promising eczema treatment to its pipeline as it seeks to offset declining Humira sales.
Russell Index Overhaul: CoreWeave Joins Large-Cap, Bloom Energy Ascends
FTSE Russell's annual index reconstitution will trigger trillions in passive fund trades at Friday's close, with CoreWeave joining the Russell 1000 and Bloom Energy moving up, driving concentrated order flows.
SCHD Sees Inflows Surge During Dip, Data Discrepancy Raises Questions
SCHD pulled in up to $5.46B during a price dip, but flow trackers show a wide gap, raising questions about the true scale of dividend fund demand.
Chip ETF Inflows Surge as AI Trade Broadens Beyond Nvidia
The VanEck Semiconductor ETF (SMH) attracted $6.93 billion in net inflows on Monday, marking a shift in the AI chip trade as investors moved from leveraged Nvidia bets to broader semiconductor exposure.
HIVE Digital Surges on Paraguay AI Validation, But Stock Sale Looms
HIVE shares surged 20% after Columbia University validated AI training on its Paraguay GPUs, but $214.7 million in stock sale capacity remains, posing dilution risk.
Caterpillar Secures Key Role in Microsoft-Chevron Data Center Power Project
Caterpillar shares rose 3% after Chevron selected its Solar Turbines unit for a major Microsoft data center power project, solidifying its AI energy play.
Final June Social Security Payments Set for June 24; Trust Fund Depletion Looms
Social Security's final June payment lands June 24 for those born 21st-31st. Average benefit is $1,934.52, far below the $5,181 maximum. Trust fund depletion looms by 2032.
Alphabet Stock Tumbles 5.6% on $85B Share Sale and AI Talent Exodus
Alphabet shares dropped 5.6% on a $40B at-the-market stock sale, leadership exits to OpenAI and Anthropic, and soaring AI infrastructure costs, overshadowing strong Q1 revenue and Google Cloud growth.