Articles by Daniel Marsh
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.
Volkswagen Shares Slide After Ex-Dividend, CEO Blume Warns of Tough Restructuring
Volkswagen preferred shares dropped 4.24% to €80.53 after trading ex-dividend, as CEO Oliver Blume warned of 'critical' years ahead with 50,000 job cuts and €6 billion in annual savings targeted by 2030.
SoFi Rallies 8% Before Juneteenth, CEO Insider Buy and Shareholder Votes Boost Sentiment
SoFi shares gained 8% for the week ending June 18, closing at $17.91, after CEO Anthony Noto bought 13,888 shares and shareholders approved key proposals at the annual meeting.
Grab Gains 8% in Holiday Week on Buyback, Fintech Push
Grab shares surged 8% this week, buoyed by strong earnings, a $500M buyback, and fintech expansion, despite insider sales and regulatory risks.
Infosys Leads IT Rout After Accenture Cuts Forecast
Infosys dropped 6.5% after Accenture trimmed its fiscal 2026 revenue-growth outlook, dragging the Nifty IT to a three-year low as demand concerns mount.
Flex to Join S&P 500, Spin-Off in Focus
Flex (FLEX) is set to join the S&P 500, with index funds adjusting holdings. The planned AI data-center spin-off remains in focus, subject to regulatory approvals.
Nokia Sheds 9% Ahead of Midsummer Break Despite AI and Patent Wins
Nokia shares fell 9.1% in a shortened Helsinki week, ending at 11.785 euros, as fresh AI, patent, and defense announcements failed to ease investor worries about margins and telecom demand.
T&T Supermarket Enters California Market, Plans Major Newark Store
T&T Supermarket opened its first California store in San Jose and announced plans for a larger location at Newark's NewPark Mall, expanding its Bay Area presence.
Bank of England Holds Rate at 3.75% as Energy Shock Eases, Inflation Concerns Linger
The Bank of England kept rates unchanged at 3.75%, with two policymakers favoring a quarter-point rise. Inflation is projected to climb above 3.25% by year-end, delaying any rate cut.
