Articles by Daniel Marsh
Mortgage Rates Steady Near 6.8% as Housing Sector Faces Headwinds
Mortgage rates remain elevated near 6.8% as housing stocks decline ahead of key inflation data. Builder incentives and supply levels are under scrutiny.
Sony Shares Dip Despite PS5 Pro Sellout; Supply Constraints Cloud Outlook
Sony's PS5 Pro sellout at $899 failed to lift shares, which fell 0.8% in Tokyo. The shortage signals strong demand but also highlights supply constraints that could limit sales.
Norway's Oil Fund Proposes Major Bond Shift, Not a Treasury Dump
Norway's sovereign wealth fund has proposed reallocating its bond benchmark away from U.S. Treasuries, but the plan is not approved and would be gradual.
Nokia ADR Climbs 6.2% But Gains Mask a Narrow Premium Over Helsinki Listing
Nokia's ADR jumped 6.2% to $10.65, but most gains were a catch-up after Labor Day. The real story: a 1.7% premium over Helsinki shares, which may either narrow or widen.
Nu Holdings' First Investor Day: The Key Metrics to Watch
Nu Holdings (NU) faces its first Investor Day on December 8. The market wants proof that rapid growth and rising credit risk can translate into long-term returns.
Rocket Lab's New Solar Cell: Supply Chain Win, Valuation Questions Remain
Rocket Lab's new solar cell solves a supply chain problem but not its valuation. Shares rose 2.5% as the company unveiled IMM Apex.
RBA September Hike Odds at 74%: Why the Market Could Still Be Surprised
Markets see a 74% probability of an RBA rate hike on September 29, but Deputy Governor Hauser cautions the decision isn't set in stone. Key data and oil prices could shift the outcome.
Vietjet's $199 Australia Fare: A Test of Pricing Power
Vietjet shares rose 0.8% after launching AUD199 Australia fares, but the real story is the airline's thin 1.1% quarterly margin and its test of pricing power in a growing international network.
American Airlines' Unhedged Fuel Risk Exposed as Brent Nears $100
Brent crude's surge toward $100 intensifies pressure on American Airlines (AAL), which remains unhedged. A 10-cent per gallon change can swing quarterly fuel costs by ~$121 million.
Nvidia's 2% Dip Tests $108B Revenue Target as Chip Rally Diverges
Nvidia shares fell 2% even as the chip sector rallied. Investors weigh the $108B revenue target against valuation and margin concerns.
