Articles by Daniel Marsh
Oracle's $95 Billion Capex Plan Sparks AI Funding Anxiety, Semis Slide
Oracle's $95 billion capex plan and $40 billion financing spooked investors, sending the PHLX Semiconductor Index down 3.57% as AI optimism gave way to funding anxiety.
FTSE 100 Rises on Bank Rebound, AI Doubts Cap Gains
London’s FTSE 100 edged up 0.6% on Thursday, driven by a rebound in banking stocks, but gains were limited by geopolitical risks and renewed concerns over AI spending.
Keel Infrastructure Stock Gains 3.8% After $458M Convertible Note Close for AI Data Centers
Keel Infrastructure shares rose 3.81% premarket after closing a $458 million convertible-note deal for AI data center projects, raising dilution risks if shares exceed the $7.41 conversion price. Investors now await customer signings at key sites.
Clover Health Surges as CMS Upgrade Boosts 2027 Outlook
Clover Health surged after CMS upgraded its main Medicare Advantage PPO contract to 4.5 stars, unlocking higher 2027 quality bonus payments. The stock jumped 14% to $4.89.
Fermi Shares Leap on OpenAI Data Center Speculation, Project Matador in Focus
Fermi shares jumped 22.6% to $6.89 after a report that OpenAI may lease a 10-gigawatt Ohio data center with Nvidia support, boosting optimism for Fermi's Project Matador.
Marvell Stock Bounces as S&P 500 Entry Nears, AI Rally Faces Valuation Test
Marvell shares rebounded 3.16% premarket after a 5.35% drop, as investors weigh the upcoming S&P 500 inclusion against valuation concerns following a 261% yearlong AI-driven rally.
Super Micro Plunges 28% on $7B Dilutive Financing Plan
Super Micro Computer shares fell 28% to $29.27 after the company revealed a $7 billion financing plan to support $39 billion in AI server orders, sparking dilution worries.
Erie Insurance Advances to 308th on Fortune 500 as Revenue Bar Rises
Erie Insurance climbed 15 spots to No. 308 on the 2026 Fortune 500, exceeding a higher revenue threshold, while AM Best flags margin pressure and catastrophe risk for P&C insurers.
Commodities Rally on WASDE Hopes; S&P 500 Futures Slip on Inflation
Soybean and corn futures rose on anticipation of the USDA's WASDE report, while S&P 500 futures dropped on higher-than-expected inflation data.
Tech Selloff Deepens: AI Spending, Inflation, Geopolitics Unnerve Markets
The S&P 500 tech sector entered correction territory as AI-linked stocks like Oracle and Super Micro Computer tumbled on spending and capital raising, with inflation and geopolitical tensions adding to market jitters.