Articles by Daniel Marsh
Air Canada Stock Rises on Oil Drop and Labor Deal Progress
Air Canada shares rose nearly 3% Monday on lower oil prices and a tentative labor agreement covering 6,000 Unifor members, easing some near-term pressures.
SK hynix Stock Near Peak as Seoul Reopens After Holiday
SK hynix stock is near record highs as Seoul markets reopen after Buddha's Birthday. Foreign investors sold heavily last week, while regulators warn on new leveraged products.
LPKF Laser Stock Surges 15% as Glass Technology Hopes Outpace Fundamentals
LPKF Laser shares jumped another 14.92% to €28.50, extending a five-day gain of 31%. The rally continues despite Q1 revenue falling to €17.1 million and EBIT losses widening, as CEO Klaus Fiedler bought shares and glass technology hype persists.
LPKF Laser Surges 15% as Glass Tech Optimism Drives Rally
LPKF Laser shares surged nearly 15% on Monday, extending a five-day rally to 31%, driven by social media buzz around its glass technology despite a 32% revenue drop and widening losses.
Nokia Shares Retreat From New 52-Week High After AI-Fueled Rally
Nokia shares fell 1.5% to 13.06 euros after reaching a new 52-week high of 13.495 euros, as investors booked profits from an AI-driven rally.
JPMorgan Shares Set for Tuesday Trading Following Holiday Pause
JPMorgan shares closed Friday at $306.38, up 1.12%, and will not trade Monday. The bank's CEO focuses on AI hiring and record Q1 investment banking revenue.
Visa Steady Ahead of Key Data and CEO Remarks This Week
Visa shares closed at $328.88 before Memorial Day. This week brings consumer confidence data, PCE inflation figures, and CEO Ryan McInerney's appearance at a Bernstein conference.
Sivers Semiconductors Gains on MSCI Inclusion, Defense Contract
Sivers Semiconductors shares traded near 84-85 SEK on Monday, ahead of MSCI small-cap inclusion on May 29 and Q1 results, supported by a $6.6M defense contract extension.
Social Security COLA for 2027 Projected at 3.9% as Inflation Pressures Mount
Social Security's 2027 COLA is projected at 3.9% after April inflation data, but rising costs may erode gains for retirees.
7-Eleven Japan Pioneer Toshifumi Suzuki Dies at 93 Amid Strategic Pivot
Toshifumi Suzuki, the visionary who introduced 7-Eleven to Japan and expanded it globally, died at 93. His passing comes as Seven & i Holdings navigates a delayed North America listing and reshaped M&A landscape.
United Airlines Expands Transatlantic Network with Longest 737 MAX 8 Route to Spain
United Airlines will begin nonstop Newark-Santiago de Compostela flights on May 27, using a Boeing 737 MAX 8, marking its longest narrowbody transatlantic route. The carrier also resumed Newark-Glasgow service earlier in May.
New Fed Chair Warsh Faces Inflation Test as Rate Hike Odds Rise
New Fed Chair Kevin Warsh faces an early test as April PCE inflation data looms and policymakers signal possible rate hikes if inflation stays above target.