Articles by Daniel Marsh
Yum Brands Sells Pizza Hut in $2.7B Deal to Streamline Portfolio
Yum Brands is selling Pizza Hut in a $2.7 billion split deal to LongRange Capital and Yum China, as U.S. same-store sales decline for the tenth consecutive quarter.
Creator Ad Spending to Hit $44 Billion in 2026 as Brands Seek Performance-Based Deals
U.S. creator ad spending is set to hit $44 billion in 2026 as brands shift to longer, performance-based partnerships. However, 79% of marketers struggle with ROI measurement.
Jersey Mike’s Topples Chick-fil-A in Customer Satisfaction Rankings
Jersey Mike’s scored 84 in the 2026 American Customer Satisfaction Index, edging Chick-fil-A’s 83 to end its 11-year reign as top QSR, as value and digital pickup gain importance.
AbbVie to Buy Apogee in $10.9B Deal to Boost Immunology Pipeline
AbbVie acquires Apogee Therapeutics for $10.9 billion, paying a 49.49% premium for experimental eczema drug zumilokibart, as it seeks to bolster its immunology franchise.
Getty Images Surges on OpenAI Deal, Financial Details Remain Under Wraps
Getty Images (GETY) saw its stock jump 167% premarket after revealing a multi-year partnership with OpenAI to display licensed images in ChatGPT, but financial terms were not disclosed.
Russell Reconstitution Set to Drive SpaceX Stock More Than Geopolitical Tensions
SpaceX (SPCX) joins the Russell 1000 on Friday, with JPMorgan estimating $4 billion in passive demand, potentially overshadowing geopolitical news from Iran.
Pfizer Stock Hovers Near Recent Lows After CFO Departure Sparks Growth Concerns
Pfizer shares remain near last week's selloff levels after CFO Dave Denton's planned departure raised concerns about growth and the company's obesity drug ambitions.
American Airlines Shares Rise on Falling Fuel Costs Amid Margin Focus
American Airlines shares rose 3.6% in pre-market trading as lower oil prices from U.S.-Iran talks cut jet fuel costs, boosting margin hopes. The airline's earnings are highly sensitive to fuel price changes.
Western Digital Surges on AI Storage Demand and Sandisk Exchange Completion
Western Digital surged 4.86% to $746.23, driven by AI storage scarcity and the completion of the Sandisk share exchange, adding $11.9B in equity value.
China's Dual-Use Export Ban Hits Red Cat Holdings; MP Materials Rises on Limited Exposure
China's immediate ban on dual-use exports to Red Cat Holdings and Teal Drones caused RCAT to drop 0.79% pre-market, while MP Materials rose 1.02% after confirming minimal China exposure.
Nokia shares slide 22% from peak as AI-driven rally faces Q2 test
Nokia shares have dropped 21.9% from their June 3 high, wiping out €18.5 billion in equity value, as the market awaits Q2 results on July 23 to validate the AI-optical network rally.
