Articles by Daniel Marsh
Morgan Stanley Nears 52-Week High After SpaceX's Record IPO
Morgan Stanley shares climbed to $214.04, near their 52-week high, after the bank played a key role in SpaceX's record $75 billion IPO, hinting at a revival in investment-banking revenue.
Energy Transfer Rebounds as 7% Yield Attracts Income Investors
Energy Transfer LP (ET) bounced 1.65% to $19.07, breaking a five-day slide, as its yield neared 7.1%. Analysts remain bullish ahead of the Q2 report on Aug. 5.
Nu Holdings Edges Higher After Nubank Error; Buyback and Earnings in Focus
Nu Holdings shares closed up 0.83% at $12.19 after Nubank confirmed a false liquidation message was an operational error. Investors are watching a $1 billion buyback and upcoming earnings.
Quanta Services Rises on AI Power Demand and Record Backlog
Quanta Services surged 3.58% to $707.74, fueled by AI-driven power-grid demand, a record $48.5 billion backlog, and raised 2026 guidance, outperforming major indexes.
3M Stock Lags Market as Dividend Paid, Analysts Remain Split on Outlook
3M shares rose slightly to $158.32 but underperformed the market. Analysts are divided, with Bernstein bearish at $131 target, while the company's dividend and turnaround efforts are in focus.
Altria Shares Edge Higher Ahead of Ex-Dividend Date; Focus Shifts to Q2 Earnings
Altria shares recovered to $71.94, up 0.74%, as the June 15 ex-dividend date approaches. The stock offers a 5.89% yield and trades near the average analyst target of $71.75. All eyes are on July 30 Q2 earnings.
AGNC Investment Gains as $0.12 Dividend Maintains 14% Yield Ahead of Fed Decision
AGNC Investment shares edged up after declaring a $0.12 June dividend, maintaining a 14% yield. The mortgage REIT now awaits the Fed's June 17 decision, which could impact Treasury yields and book value.
Celsius Shares Jump on Bullish Bernstein Initiation; Alani Nu Concerns Loom
Celsius Holdings shares climbed 2.8% to $29.18 after Bernstein SocGen initiated coverage with an Outperform rating and $44 target, though volatility persists due to Alani Nu growth, margin declines, and regulatory scrutiny.
NextEra Energy Gains on Dominion Merger Progress and AI Demand
NextEra Energy shares rose 1.36% Friday, outperforming the market, as investors focus on the Dominion Energy merger approval path and rising power demand from AI.
J&J Stock Nears Record Highs on Promising Talvey Data
J&J shares rose 1.07% to $240.87 after new Talvey combination data showed up to 72% reduction in disease progression risk, bolstering the oncology pipeline.
Bernstein Initiates P&G Coverage with Market Perform, Cautious on Upside
Bernstein initiated coverage of Procter & Gamble with a Market Perform rating and $156 price target, suggesting limited upside from Friday's close of $149.61 as investors await Q4 earnings.
Honeywell Edges Higher as Aerospace Spin-Off and Automation Strategy Take Shape
Honeywell shares edged up 0.54% to $220.31, with the June 15 record date and June 29 aerospace spin-off approaching, as the company targets $2-$4 billion automation acquisitions and 4-6% organic growth.