Articles by Daniel Marsh
Novo Nordisk Stock Climbs as Ozempic Study Shows 15.4% Weight Loss in Seniors
Novo Nordisk B shares gained 3.75% in Copenhagen after a pooled analysis revealed semaglutide 2.4 mg resulted in 15.4% weight loss in older adults, reinforcing the company's obesity portfolio.
POET Technologies Hit by Lawsuit After Marvell Cancels Celestial AI Orders
POET Technologies faces a securities class action after Marvell canceled Celestial AI orders, causing a 45% stock drop. Lead-plaintiff deadline is June 29.
Sandisk Hits Record High as AI Storage Demand Drives $245B Market Cap
Sandisk shares hit an all-time high of $1,562.34, pushing its market cap to $245 billion as AI data-center demand fuels a 251% revenue surge.
Fluence Energy Surges 27% on AI Data Center Deals, Record Backlog
Fluence Energy stock soared 27.4% Friday after announcing master supply agreements with two major data-center clients and a record $5.6 billion backlog, despite a quarterly revenue miss.
Delta to End Complimentary Snacks on Short-Haul Flights Starting May 19
Delta Air Lines (DAL) will eliminate complimentary snacks and drinks in Main Cabin and Delta Comfort on flights under 350 miles starting May 19, impacting roughly 9% of daily flights due to rising fuel costs.
BlackBerry Buyback Set to Start as QNX Drives Stock Rally
BlackBerry's new buyback program, starting May 12, allows repurchase of up to 26.8 million shares after its stock hit a one-year high, driven by strong QNX software results.
Coterra Energy Delisted After Devon Merger; New Buyback and Dividend Announced
Devon Energy has completed its all-stock acquisition of Coterra Energy, delisting CTRA from the NYSE. Shareholders received 0.70 Devon shares per Coterra share, plus cash for fractions.
Ambev's Share Buyback Surge Faces Brazil Cost and World Cup Hurdles
Ambev bought back 24 million common shares in April, raising treasury stock to 190.97 million. Analysts' 2026 forecasts remain unchanged, focusing on Brazil beer costs and World Cup demand.
S&P 500 and Nasdaq Hit Records Ahead of CPI Data, AI Chip Stocks Surge
The S&P 500 and Nasdaq set record highs on Friday, fueled by AI chip stocks and a better-than-expected U.S. jobs report. Nvidia, Micron, and Sandisk rose sharply, while Cloudflare dropped 24%.


