Articles by Daniel Marsh
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.
Rivian Shares Jump 7.85% on R2 Launch; Production Ramp Key to Turnaround
Rivian shares surged 7.85% to $16.76 after the R2 SUV launch, with public deliveries underway. The production ramp is now the key test for RIVN stock.
Annaly Capital Holds Steady After Dividend Increase, Eyes Fed Meeting
Annaly Capital Management shares trade flat near $22 after a dividend boost to $0.75 per share, yielding ~13.6%. Market focus shifts to the Federal Reserve's upcoming policy decision.
Berkshire Hathaway Gains as Taylor Morrison Vote Nears
Berkshire Hathaway (BRK.B) shares closed up 0.71% at $489.25 as the Taylor Morrison acquisition moves toward a shareholder vote, highlighting CEO Greg Abel's capital allocation strategy.
Trump Media Nears 52-Week Low as Focus Shifts to TAE Merger
Trump Media & Technology Group (DJT) shares slid 5.45% to $7.80, hovering near their 52-week low, after dropping plans for a Truth Social spinoff and focusing on a merger with TAE Technologies.
Paramount Skydance Shares Rally After DOJ Approves Warner Bros. Discovery Deal; European Scrutiny Next
Paramount Skydance shares surged after-hours after the DOJ approved its $81 billion Warner Bros. Discovery takeover, removing a major U.S. antitrust hurdle. The next key milestone is the European Commission's July 7 ruling.
Verizon Gains as Dividend Appeal Boosts Dow's Telecom Sector
Verizon shares climbed 2.49% to $48.11 on Friday, outperforming peers and boosting the Dow, as investors favored its high dividend yield ahead of July 24 earnings.
Realty Income Rises on Dividend Hike and $9.5B Investment Target
Realty Income closed at $62.72, up 1.31%, outperforming peers as the market eyes its dividend yield and upcoming operating update.
FreeCast Shares Surge 141% on DIRECTV Deal, Yet Financial Risks Loom
FreeCast shares jumped 141% on a DIRECTV expansion deal, but the stock remains high-risk with only $92,909 in quarterly revenue and a going concern warning.