Articles by Daniel Marsh
Trade Desk's Brief S&P 500 Tenure Ends After 82% Plunge
The Trade Desk (TTD) will be removed from the S&P 500 after only 430 days, a period marked by an 82% share price collapse. The company moves to the SmallCap 600 as it grapples with slowing revenue and a workforce reduction.
Clorox Recall of 6.3M Cleaners Causes Only Minor Stock Dip
Clorox's massive recall of 6.3 million cleaners barely dented its stock, which fell 1.3%. The limited scope and no reported injuries keep the financial impact uncertain.
Vistra CEO's $903K Buy: A Drop in the Ocean or a Signal?
Vistra's CEO bought $903K in stock near the low, but the trade is a small signal compared to the company's $1.2B buyback and strong cash flow guidance.
Mortgage Rates at 6.71%: The Real Cost of Crossing the 6% Threshold
Freddie Mac's 30-year mortgage rate rose to 6.71%, adding $1,933 a year to the median homebuyer's payment. Housing demand stays stable but faces headwinds.
Flex's $4.4B EPC Power Deal: High Stakes, Unclear Financing
Flex's $4.4B EPC Power acquisition boosts market value but leaves financing details vague, with projected 30% EBITDA margin drawing attention.
POET Technologies Stock Surges on Shenzhen Showcase, But Revenue Questions Loom
POET Technologies shares rose 8% on its Shenzhen showcase announcement, adding $102M in market value, yet Q2 revenue was just $569,925. The market weighs the company's order book against its modest sales.
Datavault AI Plunges 25%, Nasdaq Compliance at Risk
Datavault AI shares tumbled 25% to $0.2041, pushing the company further from Nasdaq's $1 minimum bid. A 390% rally is required for compliance, while revenue targets remain ambitious.
SK hynix ADS Premium Hits 46%, Signaling $405B Valuation Gap
SK hynix ADS jumped 8.1% to $177, trading at a 46% premium to Seoul shares. The gap implies a $405B valuation difference, with Solidigm review and buyback in focus.
SK hynix ADS Soars 8% Yet Trades at 46% Premium to Seoul Shares
SK hynix ADS jumped 8.1% to $177, trading 46% above its Seoul equivalent, implying a $405B valuation gap. Solidigm strategic review adds uncertainty.
Blue Owl's $6.5B Data-Center REIT Plan Raises Fee Questions
Blue Owl Capital (OWL) fell 0.8% after reports of a $6.5B data-center REIT plan. The seed equals 35.3% of its digital-infrastructure AUM, but fee details remain unclear.
Intellia's $400M Credit Deal: Modest Initial Draw, Dilution Risk Lingers
Intellia's $400M credit facility starts with just $75M, leaving future tranches conditional. The stock barely moved, as dilution risk persists with an ATM program still active.
PG&E Rebounds 2.4% as $2B Capex Cut Balances Debt Relief with Growth Concerns
PG&E shares gained 2.4% to $14.30 after cutting its 2027 capex by $2 billion, easing debt needs but raising growth concerns. The stock still sits 20% below late August levels.