Articles by Daniel Marsh
Rocket Shares Rise as Cooler Inflation Trims Mortgage Costs
Rocket Companies (RKT) advanced 1.7% premarket as a softer CPI report cut mortgage rates, saving $16 monthly on a $400,000 loan. The average 30-year rate fell to 6.72%.
Capital One shares slip as US credit card debt hits record $1.26T
Capital One shares dipped 0.9% in premarket after U.S. credit card debt hit a record $1.263 trillion. Delinquency rates remain high but stable, while COF's own credit metrics improved.
Oracle Shares Rebound 1.8% Amid Layoff Reports and $40B Funding Push
Oracle shares gained 1.8% premarket after reports of fresh layoffs, as the company balances AI-driven growth with a $40 billion funding plan and negative free cash flow.
Apple's $602B Valuation Gap: Jefferies Downgrade Sparks Sell-Off
Jefferies downgraded Apple to Sell, setting a $263.66 price target that implies a $602 billion valuation gap. Despite strong Q3 earnings, concerns over the iPhone roadmap weigh on shares.
Intel Stock Holds Above $95 as $20B Capital Raise Adds 4.2% Share Dilution
Intel's $20B capital raise, upsized from $15B, added 4.2% dilution, yet shares closed 2.9% above the $95 offer. Analysts remain split on valuation.
Global Markets Mixed as Inflation Data Looms; JPMorgan Raises Singapore Outlook
US futures steady ahead of inflation data. JPMorgan raises Singapore STI target to 7,000. Plug Power, Septerna, and Balfour Beatty see notable moves.
JetBlue Rebounds 3% After Four-Day Slide, Fuel Costs Still Loom
JetBlue (JBLU) climbed 3% on Tuesday, snapping a four-day losing streak, but light volume and persistent fuel cost worries keep the stock under pressure.
T-Mobile Stock Edges Up Amid Outage Search Surge and Texas Job Cuts
TMUS inched higher Tuesday despite a spike in outage-related searches and announced job cuts in Texas. Analysts remain largely bullish on the stock.
Disney Stock Rises on Avengers Buzz Despite Profit Mix Concerns
Disney (DIS) shares edged higher Tuesday on Avengers: Doomsday buzz, but the company's profit mix shows Experiences dominating while Entertainment lags. Analysts see 24% upside.
Shake Shack Stock Holds Steady After Airport Kiosk Pricing Glitch
Shake Shack shares ended slightly higher after a kiosk glitch at an airport outlet sparked viral claims about surcharges. The company says it was a technology error, not policy.