Articles by Daniel Marsh
Nintendo Stock Dips as Winter Software Forecast Looms Large
Nintendo's U.S. ADR fell 1.1% to $14.10 as the company announced a series of Directs, but the real challenge lies in closing a 50.54 million-unit software gap to meet its annual forecast.
Norway's $80B Treasury Cut Proposal Keeps Dollar Allocation Nearly Flat
Norway's sovereign wealth fund has proposed a major shift in its bond portfolio, reducing U.S. Treasury holdings by $80 billion while keeping dollar exposure nearly unchanged. The plan awaits government approval.
SunPower Shares Tumble 17% Premarket Following 103M Share Dilutive Offering
SunPower (SPWR) fell 17% premarket after announcing a 103.1M share offering at $0.2541. The raise brings $26.2M but dilutes existing shareholders by 49.4%.
AMC Premarket Surge Cools as Robinhood Token Dispute Unfolds
AMC shares rose 9.86% in premarket trading after a dispute over Robinhood's AMC-linked tokens, but the surge cooled. The tokens don't create new shares, yet the rally highlights AMC's financing needs.
nVent Stock Slides 14% from Peak, Still Priced at 30× Earnings
nVent Electric shares are 14% off their August peak but still trade at 30× forward earnings, with the Maverick acquisition and data-center growth key to valuation.
Tech Futures Lead Modest Gains Ahead of Key Jobs Report
Nasdaq-100 futures rose 0.38% early Friday, leading modest gains as investors await the August jobs report, which could test the recent rate-relief rally.
Live Nation Stock Dips 1.2% as DoorDash Pact Omits Financial Terms
Live Nation's stock slipped 1.2% after revealing a three-year DoorDash partnership in Australia and New Zealand, but the absence of financial terms leaves the deal's impact unclear.
DraftKings' $200 Bonus Offer: A High-Stakes Bet on Prediction Markets
DraftKings launches aggressive $200 bonus campaign for its Predictions product in states without sports betting, but investors await proof of profitability. Stock remains flat.
Verizon Shares Edge Up Despite Fresh Service Disruption Reports
Verizon shares gained 0.9% on Thursday despite fresh outage reports, as investors focus on the company's recovery in subscriber additions.