Articles by Daniel Marsh
Delta's SkyMiles Valued at $30B as Air Canada Deal Reshapes Loyalty Metrics
Delta Air Lines (DAL) shares fell 1% amid Atlanta cancellation searches, but a new Air Canada loyalty deal suggests SkyMiles may be worth $30B, half of Delta's market value.
Wendy's Shares Leap on Potential Trian-Led Buyout
Wendy's shares surged 12% after reports of a potential Trian-led take-private bid, with a 25% premium suggesting a $4.45B enterprise value.
UWM Stock Stalls Near $1.52 as Rate Relief Fails to Offset Recapitalization
UWM shares stay near $1.52 as lower rates fail to lift sentiment amid a $2.05B capital raise and suspended dividend.
Bath & Body Works Slips as Holiday Line Faces Store Sales Test
BBWI shares dropped 3.65% after launching a Disney-themed collection, but the real test is whether it can reverse a $48 million decline in store sales.
Merck Stock Rises on MMR Split Order, but Revenue Gains Remain Distant
Merck (MRK) shares rose 1.89% after a presidential order to develop separate measles, mumps, and rubella vaccines, but analysts note the process could take over a decade and won't boost near-term revenue.
Archer Aviation Shares Slide 8% on Boeing Deal Dilution Concerns
Archer Aviation shares fell 8.2% as investors digested the Boeing acquisition's dilution impact, despite the deal bringing over $200 million in annual revenue.
Humana Gains as COLA Estimate Overlooks Rising Medical Costs
Humana stock gained 2.6% as a preliminary 3.1% COLA estimate for 2027 overshadowed rising medical costs, which continue to pressure the insurer's margins.
Home Depot Stock Slips as CEO Takes Medical Leave
Home Depot shares fell 2.5% as CEO Ted Decker takes temporary medical leave. Two long-serving executives will lead until his return, with earnings due next week.
Robinhood Stock Wavers as Capital-Gains Tax Speculation Offers Limited Near-Term Upside
Robinhood shares fluctuated Wednesday amid capital-gains tax cut speculation. A 10% increase in equity volume would add roughly $12.9 million quarterly, but the near-term revenue impact is limited.


