Articles by Daniel Marsh
Bradesco Shares Slip as Credit Concerns Weigh on Brazil's Market
Bradesco preferred shares declined 4.84% over the past week to R$17.69, as rising credit costs and political uncertainty offset a 16.1% increase in first-quarter net income.
Coeur Mining Drops 9% as Dividend Date Approaches
Coeur Mining shares dropped 9% on Friday to $17.61, with a dividend record date of May 22. Analyst downgrade and falling metals prices pressure the stock.
American Airlines Faces Fuel Cost Headwinds Ahead of Memorial Day
American Airlines shares dropped 3% Friday as rising oil prices and a $4 billion fuel cost hike pressured the carrier, which still expects a record 4.2 million travelers over Memorial Day.
CoStar Leaves Nasdaq-100: What Investors Should Know
CoStar Group will be removed from the Nasdaq-100 index before Monday's open, replaced by Lumentum. The stock rose 2.6% Friday on heavy volume as index funds adjust.
Rivian's R2 Launch Faces Market Headwinds; Shares Dip 5%
Rivian (RIVN) shares dropped 5% on Friday as the R2 configurator launched, with Tesla matching pricing. Market headwinds and execution concerns weigh.
AT&T Stock Declines 4.5% in Week Despite Spectrum and Satellite Deals
AT&T shares closed at $24.03 on Friday, down 4.5% for the week, amid a broader market decline. The company secured FCC approval for a $23 billion spectrum deal with EchoStar and joined a satellite joint venture.
Archer Aviation Faces Key Week After Stock Drop and New Share Filing
Archer Aviation shares dropped 5.6% Friday to $6.05 after a May 14 SEC filing registered 3.27M resale shares and up to $8M in new stock for vendors, expected around May 19. The company, with $1.78B cash and a Q1 net loss of $217.7M, appears at Deutsche Bank's auto conference Tuesday.
Grab Faces Critical Week as Oil, Yields, and Indonesia Risks Mount
Grab shares fell 4.57% last week to $3.55, as rising oil prices and bond yields pressured the stock. Q1 revenue beat estimates, but Indonesia regulatory risks and macro headwinds remain.
IREN Stock Tumbles 9% After Closing $3B Convertible Note Deal for Nvidia AI Push
IREN shares dropped 9.35% to $52.94 Friday after closing a $3.0 billion convertible-note sale for its Nvidia AI infrastructure expansion, ending the week down 13.5%.
SoFi Technologies Faces Pivotal Week After Volatile Friday Close
SoFi Technologies shares slipped 2.56% to $15.61 on Friday, entering a crucial week as the company prepares to present at J.P. Morgan's tech conference.