Articles by Daniel Marsh
TD Bank Shares Surge to 52-Week Peak on Wholesale Earnings and Leadership Revamp
TD Bank shares rose to a 52-week high on record wholesale earnings and a leadership reshuffle at TD Securities, as the broader Canadian market also hit new highs.
Fermi Shares Surge as Ex-CEO Backs Rival Candidate in Board Battle
Fermi shares surged 12.8% on Wednesday after former CEO Toby Neugebauer threw his support behind John Sellers to lead the company, escalating a governance battle.
AT&T Stock Slips on CFO Retirement, Heightened Debt and Fiber Concerns
AT&T shares dropped 3.8% after CFO Pascal Desroches announced retirement, sparking worries over debt and fiber investment.
Bradesco Shares Rise on Copom Rate Cut Hopes; Ibovespa Gains
Banco Bradesco preferred shares advanced 1.19% to R$17.87 ahead of an expected Selic rate cut by Copom. The Ibovespa gained 1%, but inflation above target and global rate uncertainty keep bank stocks under pressure.
Tesla slips despite Goldman delivery upgrade, robotaxi and regulatory clouds linger
Tesla shares dipped 0.5% to $402.75 despite Goldman Sachs raising its Q2 delivery forecast to 420,000 vehicles, as investors weighed weak US demand, a new Argentina charging deal, intensifying robotaxi competition, and regulatory scrutiny over Full Self-Driving safety claims.
T1 Energy Soars on Factory Grade Upgrade and Analyst Initiation
T1 Energy shares jumped 12% after its Texas solar module plant earned an 'A' grade in a key third-party review, drawing investor attention as Bernstein started coverage.
Eos Energy Surges on First European Storage Deal, Production Milestone
Eos Energy shares surged 11.7% on news of a binding supply agreement for the DACH region and the start of commercial production at its second battery line, signaling growing demand and scaling capacity.
AT&T Shares Dip Amid CFO Change and Fiber Spending Concerns
AT&T shares slipped 3.2% as CFO Pascal Desroches plans retirement, raising questions about the company's fiber investment strategy. Q2 earnings are scheduled for July 22.
Lloyds Shares Climb as UK Bank Rally Offsets Margin Concerns
Lloyds Banking Group shares rose 1.68% to 105.3p as UK banks rallied on softer May inflation data, easing near-term rate hike fears but leaving margin concerns.
Robinhood Stock Surges on Layoffs and SEC Tokenized Stock Plan
Robinhood shares jumped 11% after the brokerage announced layoffs and as the SEC considers allowing tokenized stocks, which could boost competition with Coinbase and pressure traditional brokers.
Plug Power Shares Climb Amid Focus on Liquidity and Margin Progress
Plug Power shares rebounded 3.7% to $2.81 as the market assessed its liquidity improvements and margin gains from the first quarter.