Articles by Daniel Marsh
Oracle Shares Drop Amid Broader Market Selloff Fueled by Oil Spike
Oracle shares declined roughly 4.5% on Monday, caught in a market-wide downturn driven by a sharp rise in oil prices. Attention now turns to the company's mid-March earnings report for insights on cloud demand and capital expenditure.
Oracle Shares Drop Amid Broader Market Selloff Fueled by Oil Spike
Oracle shares declined roughly 4.5% on Monday, caught in a broad market downturn driven by soaring oil prices and geopolitical concerns. Attention now turns to the company's mid-March earnings report for insights on cloud demand and capital expenditure.
Goldman Sachs Gains Amid Market Jitters, Oil Spike Weighs on Banks
Goldman Sachs shares advanced 1% on Monday, showing resilience despite broader market declines driven by Middle East tensions and surging oil prices. The bank reported Q4 private credit redemptions of 3.5%, below industry peers.
Defense Stocks Rally Amid Middle East Tensions, Oil Surges
Defense contractors advanced Monday as escalating Middle East conflict drove investors toward perceived safety. Lockheed Martin rose 3%, while oil prices spiked over 8%.
Defense Stocks Rally Amid Middle East Tensions; Oil Surges Over 8%
Defense contractors gained ground Monday as escalating Middle East conflicts drove investors toward perceived safety. Lockheed Martin rose 3%, while broader markets declined and crude oil jumped more than 8%.
Meta Recovers from Geopolitical Selloff as Traders Eye Key Events
Meta shares recovered to around $648 after an initial 1.7% decline driven by Middle East tensions that rattled markets. Oil jumped roughly 8% and the VIX hit a three-month high.
Meta Stock Recovers After Geopolitical Jolt Rattles Tech Sector
Meta shares recovered from an early decline, trading near $648 after Middle East tensions sparked a market sell-off. Oil surged 8% and the VIX hit a three-month high.
Meta Shares Rebound Amid Geopolitical Tensions, Traders Eye Key Events
Meta Platforms stock bounced back from early losses, trading near $648 after geopolitical concerns sparked a market sell-off. Key events this week include a Morgan Stanley conference appearance and the February jobs report.
Netflix Shares Dip Despite JPMorgan's Bullish Call After $2.8B Deal Termination
Netflix shares declined slightly despite JPMorgan initiating coverage with an optimistic outlook, as investors assess the company's path forward after walking away from a major acquisition and receiving a substantial termination payment.
Netflix Shares Dip Despite JPMorgan's Bullish Call After $2.8B Deal Termination
Netflix shares edged lower despite JPMorgan initiating coverage with an Overweight rating and $120 price target. The streaming company recently received a $2.8 billion termination fee after walking away from the Warner Bros. acquisition.
Tesla Shares Dip Amid Oil Surge, Mixed European Data
Tesla shares declined in early trading as geopolitical tensions lifted oil prices and investors assessed conflicting European sales figures. The company also increased the price of its dual-motor Cybertruck.