Articles by Daniel Marsh
Stellantis Faces Labor Talks as Thin Margins Limit Room for Costly Deal
Stellantis shares ticked up as Canadian labor negotiations with Unifor threaten its fragile 1.8% margin recovery. A deal must be reached by September 11.
Fervo Energy Holds Gains Post-Google Deal, Capex Test Ahead
Fervo shares hold an 18.5% gain from Monday despite a Wednesday pullback. The Google PPA boosts visibility, but heavy capex and 2028 delivery remain key tests.
Generation Income Properties Soars 58% as Debt-Cut Plan Advances
GIPR stock surged 58% in premarket after asset sales cut preferred debt, but shares remain below Nasdaq's $1 minimum bid.
Treasury Yields Near 5% Pressure Stocks as Labor Data Disappoints
10-year Treasury yield stays near 4.8% after weak ADP jobs data and rising oil prices, intensifying pressure on equity valuations and Fed policy outlook.
DOJ Backs OpenAI's Fair Use Defense in Copyright Battle
The DOJ filed a brief supporting OpenAI's fair use defense in a copyright case, citing public benefits. Microsoft (MSFT) remains the key exposure as OpenAI's valuation hits $852B.
DTE Faces 80K Outages as $900M Grid Upgrade Put to Test
Severe storms knocked out power for 80,388 DTE customers, testing the utility's $900 million grid upgrade. Shares closed at $136.05, with analysts mostly bullish.
Eos Energy Gains on Google Deal, Backlog Validation
Eos Energy shares jumped 17.8% after announcing a Google-backed storage project, but the deal represents only 2.9% of backlog and profitability remains elusive.
Oil Rebounds Above $91; Tech Futures Cede Early Gains
Oil rebounded above $91, while tech futures gave up early gains. Snowflake surged 23% on raised outlook, but Broadcom and HPE declined on guidance concerns.
AT&T Projects $18B Free Cash Flow, Signaling 10% Yield
AT&T projects 2026 free cash flow above $18 billion, implying a 10.1% yield at current prices. Q2 added over a million subscribers, and buybacks continue.
SoFi Surges on Scotiabank's $25 Target, Fee Revenue Growth
SoFi shares jumped 4.6% after Scotiabank set a $25 price target, citing its growing fee-based revenue stream. The stock closed at $17.84, with analysts split on the rerating.