Articles by Daniel Marsh
Starfighters Space Soars 40% on $17.5M Private Placement for STARLAUNCH
Starfighters Space Inc. shares surged 40% to $7.20 after announcing a $17.5 million private placement to support its STARLAUNCH program.
Dow Jones Hits New Record Amid Inflation Concerns and Iran Talks
The Dow Jones Industrial Average closed at a record 50,579.70 on Friday, rising 0.6% as investors responded to progress in U.S.-Iran talks and strong earnings. The S&P 500 marked its eighth straight weekly gain.
Skyworks Surges 12% on Qorvo Debt Swap Step in $22B Merger
Skyworks Solutions shares surged 12% after launching debt exchange offers for its planned $22 billion merger with Qorvo. Qorvo rose 9%. The PHLX Semiconductor Index gained 2%.
RYOJ Stock Surges 149% on Heavy Volume Amid No New Company News
rYojbaba shares jumped 148.8% on Nasdaq Friday with massive volume, despite no new operating news and a 19% revenue decline. A law firm is investigating potential securities claims.
Sidus Space Soars 24% on Revenue Growth, Dilution Concerns Loom
Sidus Space shares jumped 24.2% to $5.13 on Friday, driven by a strong Q1 update showing revenue growth and a narrower net loss. However, the company remains unprofitable and faces cash burn risks.
Dow Hits New Record as Wall Street Eyes Inflation Data and Earnings
The Dow Jones Industrial Average surged to a new record close of 50,714.31 on Friday, led by gains in semiconductor and PC stocks, as optimism over U.S.-Iran talks and strong earnings buoyed markets.
Hyliion Surges on Navy Interest in KARNO Generator Technology
Hyliion shares surged nearly 40% after a U.S. Navy trial update on its KARNO generator platform, with commercialization of the 200-kW module expected late this year.
Millrose Properties in Spotlight as Dream Finders Presses Beazer Bid
Millrose Properties shares rose to $27.65 after Dream Finders Homes renewed its $25.75/share cash bid for Beazer Homes, with Millrose offering up to $500M in land-banking capital.
Opendoor Shares Steady as Mortgage Rate Climb Pressures Housing Market
Opendoor shares traded flat near $4.55 as rising mortgage rates and a drop in housing starts offset recent gains. The company reported improved gross margins but a wider net loss in Q1.
Family Dollar Shutters Over 350 Stores, Testing Private-Equity Turnaround
Family Dollar closed at least 350 stores in 10 months, hitting Southern and Appalachian areas hard. New private-equity owners face a test of their turnaround strategy.
Uber Eyes Full Takeover of Delivery Hero, Intensifying Food Delivery Rivalry
Uber is exploring a full takeover of Delivery Hero after raising its stake to 19.5%, Bloomberg reports. A further increase to 30% would trigger a mandatory offer.