Articles by Daniel Marsh
Nikkei's Headline Rise Masks Broad Tokyo Selloff
The Nikkei 225 erased a 556-point opening drop, but breadth data shows 1,231 Prime Market stocks falling, signaling a concentrated rally led by a few AI-linked heavyweights.
SK hynix Rally Persists, but Supply Discipline Looms as Key Test
SK hynix extends two-day rally to 11.7% as investors bet on tight memory supply. Focus shifts to capacity discipline and margin sustainability.
Walmart Canada Labour Day Hours Vary by Ontario Location
Walmart's Ontario stores had mixed Labour Day hours, reflecting local rules. Canada accounts for 3.4% of sales; Q2 net sales rose 4.3%.
FICO Stock Plunges 17% as FHFA Expands Mortgage Score Competition
FICO shares tumbled 16.68% to $932.26 after the FHFA ordered Fannie Mae and Freddie Mac to accept VantageScore 4.0 from all mortgage originators, challenging FICO's dominance.
Sapporo Shifts Alcohol-Free Beer to US to Offset Tariff Hit
Sapporo Holdings will move US-bound nonalcoholic beer production from Canada to the US by H1 2027, responding to a 50% tariff that adds JPY 1.2 billion in costs.
AT&T Texas Outage: Regional Disruption, No Nationwide Impact
AT&T (NYSE:T) experienced a significant regional internet outage in Texas on Labor Day, with reports peaking near 1,700. No nationwide failure was detected, and shares were unaffected due to market closure.
Rejlers Shares Surge on Multiconsult Merger, Trading Volume Spikes 14x
Rejlers shares rose 2% on 14 times normal volume after announcing a merger with Multiconsult, targeting SEK 120 million in synergies. The deal requires shareholder and regulatory approvals.
Six Flags' Tuesday Reveal Faces Debt Test
Six Flags (NYSE:FUN) announces a new attraction Tuesday, but lacks details on park, ride, and budget. With $4.9B net debt, investors await specifics.
Wix Faces Securities Suit Over AI Claims as Margin Recovery Lags
Wix faces a securities class action over AI product claims. Q2 margin recovered to 12%, but the stock trades near pre-disclosure highs amid ongoing legal and operational risks.
Apple's iPhone Mix to Face Earnings Test at Sept. 9 Event
Apple's Sept. 9 event arrives with shares trading at 36.7x earnings. The market's focus is on product mix and pricing to justify the valuation.
Aramco's Jazan Facility Faces Fresh Attack; Output Impact Still Unknown
Saudi Aramco's Jazan complex was reportedly hit again, but damage and impact on production are still being assessed. Shares edged lower as investors await clarity.