Articles by Daniel Marsh
GE Vernova Surges on Long-Term Turbine Reservation Agreement
GE Vernova shares advanced over 4% after Maxim Power secured a 2030 delivery slot for a gas turbine, signaling strong future demand. Trading volume exceeded 2.7 million shares.
American Express Shares Retreat in Extended Trading Amid Rate Jitters, Debt Issuance
American Express stock declined 2.5% in after-hours trading following a $3.5 billion debt offering and as investors monitored regulatory discussions on card rates and awaited key inflation data.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.
Bloomin' Brands Shares Dip as Strong Jobs Data Delays Rate Cut Expectations
Bloomin' Brands stock declined 0.4% to $6.94, underperforming peers, after robust employment figures reduced near-term Fed easing bets. Investors now await Friday's CPI report and the company's Feb. 25 earnings.
Gap Shares Retreat as Strong Jobs Data Clouds Rate Cut Outlook
Gap stock closed lower after a robust U.S. jobs report tempered expectations for near-term Federal Reserve rate cuts, with investors shifting focus to upcoming inflation data.
MercadoLibre Shares Dip on Strong Jobs Data, Earnings in Focus
MercadoLibre stock declined slightly as robust U.S. employment figures tempered expectations for near-term Fed rate cuts. Investors now await key inflation data and the company's upcoming quarterly results.
Verizon Gains on Sector Momentum, Eyes Investor Update
Verizon shares rose 2.4% amid broad telecom strength, fueled by T-Mobile's revised outlook and its own buyback plan. Sector faces regulatory scrutiny.
Kohl's Shares Surge 7% on New Value-Focused Retail Strategy
Kohl's stock climbed 7% to $18.58 after launching a nationwide 'Deal Bar' with items under $10, outperforming a flat broader market. Investors now await the March 10 earnings call.
Northrop Grumman Shares Extend Decline Amid Poland Shell Deal, CEO Stock Sale
Northrop Grumman stock fell 0.6% to $680.68, continuing a three-day slide. Investors are weighing a framework artillery shell agreement with Poland and a CEO share sale filing.
Macy's Shares Rebound as Investors Eye Inflation Data and Upcoming Earnings
Macy's stock rose 2.5% to $21.51, recovering from recent declines. Analysts maintain a Hold rating with a $22 target as the market awaits key inflation figures and the retailer's early-March earnings report.
Arcos Dorados Shares Dip Ahead of Bond Tender Deadline
Arcos Dorados Holdings stock declined as investors await the early tender deadline for its $150 million note buyback offer, which aims to lower debt costs.