Articles by Daniel Marsh
Apple Surge Lifts Dow, S&P 500 Futures; Nasdaq Dips on Oil Jitters
Apple's strong earnings lift Dow and S&P 500 futures, but Nasdaq slips as oil prices climb. Reddit surges on AI ad revenue, while Roblox falls on weak bookings.
S&P 500, Nasdaq Hit Records as Apple's Mixed Results Stir Caution
The S&P 500 and Nasdaq closed at record highs Thursday, capping their best month in years. Apple dropped 1% after hours despite beating earnings, as iPhone sales fell short.
Cigna Exits ACA Market, 369,000 Members Need New Plans for 2027
Cigna Group will exit the ACA individual insurance market after 2026, affecting 369,000 members in 11 states who must find new coverage for 2027.
Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed
Spirit Airlines postponed its bankruptcy hearing as negotiations for a $500 million U.S. government rescue continue. Flights remain operational, but creditor opposition and surging fuel costs pose risks.
Dow Surges 700 Points as Earnings Power Stocks Toward Best Month Since 2020
The Dow Jones surged 700 points on Thursday, leading a broad rally as strong corporate earnings pushed major indexes toward their best monthly gains since 2020, shrugging off oil price concerns.
Retiree's $4M S&P 500 Claim Ignites Social Security Debate Ahead of 2033 Trust Fund Depletion
A retiree's assertion that Social Security taxes could have yielded $4M in the S&P 500 reignites debate as the OASI trust fund is projected to run dry by 2033, covering just 77% of benefits.
Huachen AI Parking Shares Surge 135% Amid Thin Float and Nasdaq Compliance Concerns
Huachen AI Parking shares surged up to 135% on heavy volume, with no company news. The rally follows a 1-for-30 reverse split to meet Nasdaq's minimum bid-price requirement, highlighting the stock's tiny float and volatility risks.
FuelCell Energy Soars on AI Data Center Power Demand
FuelCell Energy shares surged 37% on AI data center power demand. Rival Bloom Energy's strong results and Oracle deal fuel sector optimism.
Credit Divide Deepens: Super-Prime Borrowers Surge While Lower Tiers Face Rising Debt Burdens
TransUnion data reveals a widening credit gap: super-prime borrowers increased by 15 million since 2019, while near-prime and subprime consumers face rising debt-to-income ratios and higher delinquency rates.
PennyMac Faces Dual Lawsuits After 33% Stock Crash on Servicing Income Drop
Rosen and Schall law firms probe PennyMac after a 33% one-day stock drop on January earnings, as servicing pretax income fell 76% quarter-over-quarter. Q1 results due May 5.