Articles by Daniel Marsh
Ford Stock Dips 5% in Holiday-Shortened Week Amid Sales Drop and Legal Woes
Ford shares slid 5% for the week to $14.06 as investors weighed a 13.6% drop in May U.S. sales, a lawsuit over California’s Lemon Law, and uncertainty over continued imports of China-built Lincoln Nautilus amid new U.S. supply-chain rules.
Amazon Stock Edges Higher Ahead of Prime Day, AWS AI Push
Amazon shares closed at $244.39, up 2.9% Thursday and 2.4% for the week, ahead of Prime Day and new AWS AI initiatives. Market momentum remains, but risks persist.
Wall Street Halts for Juneteenth After Chip Rally; Fed and Micron Earnings Loom
US stocks paused for Juneteenth after a chip-led rally pushed the S&P 500 to a record close, but investors brace for Fed hawkishness and key earnings from Micron next week.
Plug Power Stock Jumps 7.5% as Tax Credit Sale Boosts Liquidity, Hydrogen Sector Rallies
Plug Power shares jumped 7.55% on Thursday, driven by a $39.2 million tax credit sale and improved gross margins, as the hydrogen sector broadly rallied.
Transocean Shares Slide Despite $185M in New Contracts
Transocean shares dropped 12% to $5.31 in a holiday-shortened week, failing to gain traction from $185 million in new contracts amid oil price swings and merger risks.
Starbucks accelerates India expansion, targets 50-100 new stores annually under Niccol
Starbucks is ramping up India expansion with plans for 50-100 new stores annually, as CEO Brian Niccol pivots from turnaround to global growth. The JV holds 30% market share but remains unprofitable.
Air Canada Nears 52-Week High Amid Falling Oil Prices and Geopolitical Risks
Air Canada shares closed at C$24.20, up 4.6% and just a cent shy of its 52-week high, driven by lower oil prices. However, the airline has withdrawn its 2026 outlook due to unpredictable fuel costs, and renewed Middle East tensions threaten to push jet fuel higher.
AMC Rallies on Box Office Optimism Ahead of 'Toy Story 5' Debut
AMC shares rose 21% to $2.83 ahead of 'Toy Story 5' opening weekend. The rally reflects box office optimism, but debt and dilution remain key risks.
Pfizer CFO Departure Casts Shadow on 2026 Growth Plans
Pfizer shares dropped 2.7% as CFO Dave Denton's departure raises fresh questions about the 2026 forecast and obesity drug pipeline.
Rocket Lab Gains Ahead of Nasdaq-100 Entry After Space Sector Volatility
Rocket Lab shares closed at $107.24 on Thursday, up 4.7% for the week, ahead of its Nasdaq-100 debut Monday. KeyBanc upgraded the stock to Overweight with a $135 target, citing strong revenue growth and a $2.2 billion backlog.