Articles by Daniel Marsh
Bradesco ADRs Surge 3.9% as Real Strength Boosts Recovery Rally
Bradesco ADRs climbed 3.9% to $3.45, buoyed by a stronger Brazilian real. Investors face a capital increase deadline on September 4.
Small Caps Surge 1.2% as Trading Volume Signals Broad Risk Appetite
Small-cap stocks outperformed on Tuesday, with the Russell 2000 up 1.2% on unusually high volume, while materials led sectors and tech lagged. ADP payrolls missed forecasts, but oil's rise above $90 remains a risk.
Mortgage Demand Edges Higher as 30-Year Rate Holds Near 6.8%
US mortgage purchase applications rose 2% last week even as the 30-year fixed rate climbed to 6.79%. Refinancing fell 1% and remained 19% below year-ago levels, according to MBA data.
Farmmi Shares Soar 41% on Record Volume Amid Weak Fundamentals
Farmmi shares surged 41% on Wednesday with volume 148x above average, despite a 60.4% revenue drop and Nasdaq compliance concerns.
Mitsubishi Motors Tumbles 6.4% as Pajero Debut Raises Margin Concerns
Mitsubishi Motors shares dropped 6.4% on the Pajero's world debut, wiping out a week's gains. Investors await pricing and margin details.
Small Caps Outperform as Oil Steadies Near $91; Tech Lags
Small-cap stocks outpaced the broader market on September 2 as crude oil hovered near $91 and Treasury yields stabilized. Dell, Nvidia, and GitLab jumped on earnings, while MongoDB and Credo slumped.
Canadian Tire, Tim Hortons Loyalty Link Targets Spending Lift
Canadian Tire and Tim Hortons launched linked loyalty programs, targeting 13.6 million members. Stocks rose as investors focus on spending lift potential.
B2Gold Outperforms Gold Miners ETF on Goose Mine Ramp Progress
B2Gold (BTG) shares advanced 3.3%, outperforming the VanEck Gold Miners ETF (GDX) by 1.13 percentage points after the company provided updates on its Goose mine ramp, which is critical to meeting 2026 production guidance.
Netflix Rises on NFL Deal, Ad Revenue Miss Clouds Outlook
Netflix shares climbed 1.6% after confirming a five-game NFL package, but Q2 ad revenue fell short of estimates, testing the company's advertising ambitions.