Articles by Daniel Marsh
DraftKings Stock Slides as FanDuel Boosts NFL Sign-Up Bonus
DraftKings shares dropped 3.8% as FanDuel upped its NFL sign-up bonus to $350, intensifying the battle for new bettors ahead of football season.
Tesla Surges 5.5% as Autopilot Data Fuels Autonomy Optimism
Tesla (TSLA) shares surged 5.5% Monday, adding $75.8 billion in market value, as investors focused on autonomy potential despite fresh safety data.
Singapore Airlines Faces Capital Strain as Air India Funding Request Looms
Singapore Airlines shares dipped 0.4% as a proportional Air India funding request could reach S$479M, 4.5 times quarterly operating profit, raising capital concerns.
Palantir's Six-Day Rally Pushes Valuation to 55x Sales
Palantir shares rose 6% over six sessions, lifting its market cap to $447.9B. The stock now trades at 54.9x projected 2026 revenue, with analyst targets implying only 2.8% upside.
CrowdStrike Rally Stalls as High Valuation Meets Fal.Con Reality
CrowdStrike shares climbed 5.8% to $231, but the stock's 39x sales multiple faces a key test as Fal.Con announcements lack pricing details.
GameStop Caps Note Swap Dilution, Shares Gain 2.9%
GameStop shares rose 2.9% after amending its $1.4B note exchange to fix share issuance and add a cash component. Preliminary Q2 results show sales down but operating income up sharply.
PURR Rises 5.5% as Preferred Shares Erase Apparent Discount
PURR rose 5.5% to $12.25 as preferred conversion rights eliminated the visible 7% discount to gross assets. HYPE holdings and cash total $2.61B.
Ambev ADRs Rise Modestly on Heavy Volume, Q2 Results Still Key
Ambev ADRs closed up 0.35% at $2.87 on volume 71.8% above average. Q2 Brazil Beer revenue rose 8.9% and normalized EBITDA 12.8%, but cost guidance remains a risk.
SpaceX Stock Rises as AI Spending Widens Cash Gap to $25B
SpaceX shares rose 1.55% to $143.69, but first-half free cash flow deficit widened to $25.01 billion as AI spending surged. Revenue grew 92% to $7.81 billion.


