Articles by Daniel Marsh
USA Rare Earth Stock Reverses Gains After Serra Verde Deal Dilution
USA Rare Earth (USAR) shares reversed a 9% gain after closing its Serra Verde deal, issuing 126.85 million shares. The pro forma dilution and production targets weigh on sentiment.
Sydney Property Market: Indexes Clash on August Price Drop
Sydney home prices are falling, but two major indexes disagree on the pace: PropTrack says 0.3% monthly drop, while Cotality reports 1.4%.
BorgWarner Reaffirms AI Power Push: $300M Target, 2 GW Capacity
BorgWarner reaffirmed its AI data-center power target, expecting $300M in first-year sales and 2 GW capacity by 2027. The stock rose 2.8% on Friday.
Aehr Test Systems Surges 13% on Heavy Volume, Valuation Still Lofty
Aehr Test Systems shares surged 13.1% on Friday to $86.26, but the stock remains 40.8% below its August peak. The $2.81 billion valuation is 18.8-21.6 times fiscal 2027 revenue guidance, leaving little room for error.
Geely Cuts EX2 Price in Brazil as 35% EV Tariff Nears
Geely Auto (HKG:0175) launches a Brazilian direct-sales program with a 7% discount on its EX2 EV, as a 35% import tariff raises the stakes for local production. Shares have slipped 9% in a month despite strong export growth.
XTEND Debuts at $6.19, But $75M Earnout Looms Large
XTEND AI Robotics (NYSE:XTND) closed its first trading day at $6.19, but the real challenge lies in its merger agreement: a $64.42 million second-half revenue target to unlock the first earnout.
PDS Biotech Diverts All New Equity Cash to Lender Amid Funding Crunch
PDS Biotech's lender now takes 100% of net cash from new equity deals outside its ATM until a $6M promissory note is repaid, worsening an already tight funding situation.
Uber Restructures: 10% Staff Cut, Africa Pullback, London AV Trial
Uber announces a 10% staff reduction and exits Nigeria and Uganda, while launching a supervised autonomous vehicle trial in London. Shares rose 1.6% on the news.
Car-Mart Secures Brief Reprieve as Lenders Extend Waiver to Sept. 11
America's Car-Mart wins a four-day lender waiver extension, now expiring Sept. 11. The stock remains under pressure as the company seeks a transaction to address its debt.
Archer Aviation Warrants Halted as Expiry Nears; ACHR Stock Unaffected
NYSE halted trading in Archer Aviation's public warrants ahead of their Sept. 16 expiration. The common stock (ACHR) remains listed and active, with warrants deeply out of the money.
SoundHound's LivePerson Deal: Share Dilution vs. Revenue Growth
SoundHound AI closed its LivePerson acquisition, issuing up to 42 million shares. The combined entity posts $114.4M quarterly revenue, but dilution and integration risks loom.
Immuron Stock Soars 62% on U.S. IBS Deal, But Key Details Missing
Immuron's stock jumped 62% on a U.S. distribution deal for its IBS product, but with no launch date or revenue details disclosed, the rally may be running on hype.