Articles by Daniel Marsh
Nebius Set to Enter Nasdaq-100 After Holiday-Shortened Rally
Nebius enters the Nasdaq-100 on June 22 after a holiday-shortened rally, fueled by passive fund flows and strong AI cloud revenue growth of 684%.
Redwire shares dip on dilution fears amid record backlog
Redwire closed at $14.35, down 5.1% after a stock-sale filing raised dilution concerns, despite a record backlog of $498.1 million.
Plug Power Gains 7.55% as Investors Eye Key Asset Sale Deadline
Plug Power shares jumped 7.55% to $2.85 on Thursday, capping a holiday-shortened week. Investors await the June 30 deadline for a $132.5 million asset sale crucial to the company's liquidity.
Aditxt Shares Surge on Heavy Volume as Insider Sales and Nasdaq Delisting Risks Loom
Aditxt shares soared 127% on heavy volume ahead of the Juneteenth holiday, but SEC filings show major holders exited, adding to Nasdaq delisting and financial concerns.
PayPal Gains Amid Strategic Overhaul and Venmo Growth
PayPal (PYPL) shares edged higher in a shortened trading week, buoyed by cost-cutting measures and Venmo's strong payment volume growth, though concerns over branded checkout persist.
Keel Infrastructure Surges on AI Pivot as Analysts Warn of Overvaluation
Keel Infrastructure shares hit recent highs after closing a $458M convertible note deal to fund its shift from bitcoin mining to AI infrastructure. Analysts average 12-month target of $5.29 trails the last close, highlighting execution risk.
Pennsylvania Gas Prices Slide Ahead of July Fourth, Still Above National Average
Pennsylvania gas prices fell 53.5 cents to $4.109/gallon ahead of July Fourth, but remain 74 cents above last year and 16 cents above the national average, according to AAA data.
US Mortgage Rates Slide to One-Month Low Amid Iran Deal, Treasury Yield Drop
US 30-year fixed mortgage rates dropped to 6.47%, their lowest in over a month, as a US-Iran framework deal pushed Treasury yields lower, offering modest relief to homebuyers while pending home sales rose 3.8% in May.
Bombardier Stock Surges on Global 8000 Demand and Tax Relief
Bombardier shares climbed 4.41% on Global 8000 momentum and tax cut optimism, but Dassault's Falcon 10X first flight heightens competitive risks.