Articles by Daniel Marsh
Panasonic's Two-Day Swing: Yen Strength Tests AI-Led Recovery Outlook
Panasonic shares gave back Monday's rally in a two-day round trip, but the underlying AI-driven demand story remains intact despite yen headwinds.
Toyota Shares Slide 4.1% as Yen Strength Weighs, Buyback Cushion Intact
Toyota's Tokyo shares dropped 4.1% to ¥2,968.50, erasing ¥1.51T in market value. A stronger yen pressures profits, but ¥913.5B in buyback capacity remains.
IREN's AI Cloud: $4B ARR Target, Only 25% Live
IREN's $4B AI cloud ARR is only 25% operational, leaving a wide gap between contracted and live capacity. The stock's valuation hinges on execution.
KOSPI Breaches 7,000 Again, but Pullback Clouds Breakout
KOSPI reclaims 7,000, but a sharp retreat from highs tests the breakout. Samsung and SK hynix lead, yet breadth stays negative.
Avalon Technologies Slips After Record Rally; Nomura's Target Faces Scrutiny
Avalon Technologies shares eased 1.1% on Tuesday after a record-setting rally. Nomura's bullish target assumes robust JV returns, but key financial details remain undisclosed.
ABS-CBN Halted After ₱6B Rights Issue Triggers 183% Share Dilution
ABS-CBN's ₱6B recapitalization will issue 1.64B new shares at ₱3.65, diluting existing shareholders by 64.6%. Trading halted pending disclosure.
PhilWeb Trading Halted as JKS Deal Raises Balance Sheet Concerns
PhilWeb shares suspended after ₱4.23B JKS investment triggers PSE substantial acquisition rules. Pro forma details awaited.
Plug Power's Cash Burn Overshadows Margin Gains
Plug Power's margin recovery is real, but a $244.1 million first-half cash burn still clouds the outlook. Investors await asset-sale updates.
Nokia ADR Set to Open 6.4% Higher After Helsinki Surge
Nokia's U.S. ADR is expected to open 6.4% higher after Helsinki shares surged on EURO STOXX 50 inclusion, but the gap may close as markets align.
GE Vernova T&D India Soars 6.5% on L1 Bid for Power Grid's HVDC Project
GE Vernova T&D India shares surged 6.5% after Power Grid named it the lowest bidder for a 6,000 MW HVDC project, but the contract value remains undisclosed.
China's August Trade Surplus Hits Record, Yet Hang Seng Slips
China's August trade surplus widened to $119.09 billion, matching forecasts, but imports missed expectations. The Hang Seng slipped, while the yuan held steady.
