Articles by Daniel Marsh
Keel Infrastructure Jumps 5% Pre-Market on Russell Index Inclusion and Convertible Note Dynamics
Keel Infrastructure Corp. (NASDAQ: KEEL) gained 5% pre-market to $6.60, driven by Russell 3000 index inclusion and a $458 million convertible note deal. The conversion price sits 12% above current levels.
Diplomacy and AI Demand Drive Market Shifts
Progress in US-Iran talks lowers oil prices, while AI demand lifts SK Hynix past Samsung. Markets await Micron earnings and PCE inflation data.
Fiji tourism boom raises questions about local economic benefits
Fiji Airways cabin crew earn FJ$3,000âFJ$4,500 monthly, 2.6 times minimum wage, while tourism arrivals hit 85,405 in May. InterContinental Fiji backs a surf program for local children, highlighting uneven benefits.
Everyman Cinema Plans London Stock Exchange Delisting Amid Turnaround Strategy
Everyman Media Group plans to exit the London Stock Exchange's AIM following a board recommendation, aiming for a private takeover led by Blue Coast Capital to drive a strategic turnaround.
Cognizant Plunges 10% Amid Accenture Guidance Cut, Nasdaq-100 Removal
Cognizant shares tumbled 10.49% to $43.70 after Accenture's weaker growth forecast, a Berenberg downgrade, and its looming exit from the Nasdaq-100, wiping out $2.4 billion in equity value.
T1 Energy Closes Above Key $9 Level as Financing Deadline Looms
T1 Energy (NYSE: TE) closed at $9.35, up 3.43%, driven by Bernstein's Market Perform initiation, an Intertek CEA 'A' grade, and shareholder approval to double shares. The market now eyes the $225 million G2_Austin financing need.
Campbell's Set for S&P 500 Exit as Small-Cap Shift Looms
Campbell's (CPB) drops 7.3% before its index rebalance from S&P 500 to S&P SmallCap 600. The stock yields 7.4%, but guidance signals a 23-26% EPS drop.
Infosys Stock Faces Pressure After Accenture Downgrade Triggers IT Selloff
Infosys shares plunged 6.75% as Accenture's reduced fiscal 2026 growth forecast triggered a sector-wide selloff, pushing Nifty IT to a three-year low. Investors are reassessing Indian IT stocks ahead of Infosys' July 23 earnings.
Fiserv Insiders Invest $1.72M Amid CEO Shakeup, Stock Lags
Six Fiserv insiders purchased 34,781 shares worth $1.72 million following CEO Mike Lyons' sudden departure, but FISV closed at $47.86, below their average cost.
CoreWeave to Join Nasdaq-100 After 17% Weekly Surge
CoreWeave joins the Nasdaq-100 on Monday after a 17% weekly gain, triggering index fund buying from over $800 billion in assets. The AI cloud firm's Q1 revenue doubled to $2.08 billion, but net loss widened to $740 million.
FDA Decisions Loom for ACHV and UNCY Amid Manufacturing Hurdles
ACHV dropped 9.5% as its FDA deadline passed with a manufacturing-related rejection expected; UNCY fell 2.8% ahead of a June 29 decision. Both stocks face third-party manufacturing issues.
Ondas Stock Edges Up Slightly After $125M Cyberhawk Deal
ONDS ended the short week nearly flat after announcing a $125M deal to acquire Cyberhawk, aiming to expand recurring software-and-services revenue in critical infrastructure intelligence.