Articles by Daniel Marsh
HPE Surges 6% on Morgan Stanley Upgrade; $71 Target Signals More Upside
HPE shares climbed 5.97% to $62.30 after Morgan Stanley upgraded the stock to Overweight and raised its price target to $71, citing robust AI infrastructure demand.
2027 Social Security COLA Forecast Climbs to 3.6%, Adding $60B in Benefits
A leading projection for the 2027 Social Security COLA has risen to 3.6%, which would add nearly $60 billion to annual benefits. The July CPI-W came in 3.1% above the baseline.
IREN Gains on Microsoft's First AI Data Center Acceptance
IREN shares jumped 4.76% in premarket after Microsoft accepted the first 50MW of a $9.7B AI infrastructure deal, marking a key milestone.
Rocket Shares Edge Up as Mortgage Rates Hit 3-Week Low
Rocket Companies (RKT) edged up 0.8% in premarket trading as mortgage rates dropped to a three-week low, but the company's Q3 revenue outlook remains down 5.8% from Q2.
Stellantis Faces Inventory Pressure Despite Police Charger Buzz
Stellantis (STLA) saw a surge in Dodge police Charger searches, but a thin 1.8% margin and 93-day inventory keep analysts cautious.
Delta Stock Dips as Atlanta Cancellation Searches Surge; Cost Pressures Mount
Delta Air Lines (DAL) shares slipped 0.53% as Google searches for Atlanta cancellations surged past 50,000, highlighting operational concerns amid strong revenue growth and rising costs.
Small-Cap Index Notches Record Close Ahead of Key Inflation Data
The Russell 2000 closed at an all-time high, extending its 2026 lead over the S&P 500. Thursday's PPI report will test whether easing rate concerns can sustain the small-cap rally.
Nokia Stock Jumps 9% on AI Optical Demand Surge
Nokia ADRs jumped 9.2% after Lumentum's bullish outlook highlighted surging AI optical demand, adding $5B to market value. Order book stands at €2.8B.
Virgin Galactic Stock Plunges 13% on Flight Delay and Heavy Cash Burn
Virgin Galactic's stock tumbled 12.8% after hours as the company postponed its first commercial spaceflight to February 2027 and guided for up to $190 million in cash burn.


