Articles by Daniel Marsh
Nifty 50 Extends Losing Streak to Four Weeks; Oil Strength Masks Auto Weakness
India's Nifty 50 fell for a fourth consecutive week, closing at 23,897.70, as a surge in oil prices boosted energy stocks but auto shares slumped.
Singapore T-Bill Yield Climbs to 1.60%, Outpacing Bank Deposits
Singapore's latest six-month T-bill pays 1.60%, topping UOB's 1.30% and OCBC's 1.25% deposit rates. The next S$8.4 billion auction could see yields rise further as loan demand and slower deposit growth pressure rates.
DraftKings Faces $518M Profit Test as Football Promotions Begin
DraftKings stock is down 7.5% as football season begins. The company must convert heavy promotions into profit, with a $518 million EBITDA gap to close in H2.
Air Canada's A321XLR Expansion: Ambitious Growth Meets Margin Reality
Air Canada's stock jumped on its biggest international expansion, but margin pressure and rising costs leave investors cautious. The A321XLR fleet aims for efficiency, yet profitability remains uncertain.
Nvidia's Dividend Hike: A $6B Gesture, But Buybacks Steal the Show
Nvidia's dividend increase to $0.25 per share will cost $6B quarterly, but buybacks remain the primary capital return tool, with $19.7B repurchased in Q2.
VIX Steady at 14.53, But Futures Curve Signals Costly Hedging
The VIX held near yearly lows at 14.53, but futures prices suggest hedging into 2027 is costly. Upcoming CPI and Fed meeting could spark volatility.
RBA Rate Hike Odds Soar to 80% as ASX 200 Stays Calm
Traders see near-80% odds of an RBA rate hike in September after GDP beat, but the ASX 200 barely moved. NAB, Deutsche Bank, and UBS now expect a move.
AMC Gains $98M as Leawood Films Targets 2027 Launch
AMC shares jumped 4.3% Friday, adding $98M in market value, as investors eye the new Leawood Films venture. However, no film slate is expected before 2027.
Stocks Split as Strong Jobs Data Boosts Rate Hike Odds; Small Caps Buck Dow's Slide
Dow falls 272 points on strong jobs data, but small caps rally. August CPI next week will determine if Fed hikes again.
Nike's S&P 100 Exit Compounds Woes as Shares Languish Near 12-Year Low
Nike's stock closes at a 12-year low and faces removal from the S&P 100, adding pressure as revenue stagnates and margins remain under scrutiny.
Apple's $120B Slide Ahead of Event Signals Pricing Anxiety
Apple shares fell 2.51%, erasing $120 billion in value days before its September 9 event. Investors now focus on pricing and demand, not just product rumors.
Gates' Cascade Adds $119M in Republic Services, Stake Now ~37.6%
Cascade Investment, Bill Gates' firm, acquired 534,000 Republic Services shares for $119.1M, boosting its stake to ~37.6%. The purchase price aligned with Friday's close.