Articles by Daniel Marsh
Bloomin' Brands Shares Dip as Strong Jobs Data Delays Rate Cut Expectations
Bloomin' Brands stock declined 0.4% to $6.94, underperforming peers, after robust employment figures reduced near-term Fed easing bets. Investors now await Friday's CPI report and the company's Feb. 25 earnings.
Gap Shares Retreat as Strong Jobs Data Clouds Rate Cut Outlook
Gap stock closed lower after a robust U.S. jobs report tempered expectations for near-term Federal Reserve rate cuts, with investors shifting focus to upcoming inflation data.
MercadoLibre Shares Dip on Strong Jobs Data, Earnings in Focus
MercadoLibre stock declined slightly as robust U.S. employment figures tempered expectations for near-term Fed rate cuts. Investors now await key inflation data and the company's upcoming quarterly results.
Verizon Gains on Sector Momentum, Eyes Investor Update
Verizon shares rose 2.4% amid broad telecom strength, fueled by T-Mobile's revised outlook and its own buyback plan. Sector faces regulatory scrutiny.
Kohl's Shares Surge 7% on New Value-Focused Retail Strategy
Kohl's stock climbed 7% to $18.58 after launching a nationwide 'Deal Bar' with items under $10, outperforming a flat broader market. Investors now await the March 10 earnings call.
Northrop Grumman Shares Extend Decline Amid Poland Shell Deal, CEO Stock Sale
Northrop Grumman stock fell 0.6% to $680.68, continuing a three-day slide. Investors are weighing a framework artillery shell agreement with Poland and a CEO share sale filing.
Macy's Shares Rebound as Investors Eye Inflation Data and Upcoming Earnings
Macy's stock rose 2.5% to $21.51, recovering from recent declines. Analysts maintain a Hold rating with a $22 target as the market awaits key inflation figures and the retailer's early-March earnings report.
Arcos Dorados Shares Dip Ahead of Bond Tender Deadline
Arcos Dorados Holdings stock declined as investors await the early tender deadline for its $150 million note buyback offer, which aims to lower debt costs.
Chipotle Shares Slide Amid Insider Transactions and Consumer Spending Concerns
Chipotle Mexican Grill stock fell 3.5% as insider filings revealed share sales and tax withholdings by top executives, while weak restaurant spending data weighed on sentiment ahead of key inflation data.
Telecom Stocks Rally as T-Mobile Boosts Outlook, AT&T Gains
AT&T shares advanced 3.5% to $28.37, leading a sector-wide rally after T-Mobile raised its long-term service revenue target. Investors are assessing competitive dynamics ahead of key inflation data.