Articles by Daniel Marsh
HR Outsourcing Stocks Tumble on Sector Weakness, Mixed Jobs Data
Barrett Business Services shares fell sharply amid a broad selloff in HR outsourcing stocks, driven by peer earnings and labor market concerns ahead of key inflation data.
Mortgage Demand Dips as Strong Jobs Data Lifts Yields, Pressuring Lender Stocks
U.S. mortgage applications declined slightly last week while lender shares fell after a robust employment report pushed Treasury yields higher, dampening near-term rate cut hopes.
AI Sector Diverges: Chipmakers Gain as Software Stocks Retreat
AI stocks moved in opposite directions Wednesday, with semiconductor names like Nvidia rising while software giants Microsoft and Alphabet declined. Investors rotated ahead of key inflation data and earnings.
GM Shares Gain on Leadership Appointment, Analyst Upgrade
General Motors stock advanced Wednesday following the hiring of a new deputy CFO and a significant price target increase from Benchmark. CEO Mary Barra's share transactions were also in focus.
Boeing's 737 MAX Production Timeline Extends to 2027, Shares Dip
Boeing shares declined 1.3% after the company outlined a slower ramp-up for 737 MAX production, targeting 47 jets monthly by 2027. The planemaker still topped Airbus in January deliveries and orders.
Dollar General Gains on Raised Price Target Amid Economic Data Focus
Dollar General shares advanced after Gordon Haskett increased its price target to $180, while investors monitor inflation data and upcoming earnings.
Microsoft Shares Slide 2.3% Amid Tech Sector Downgrade, AI Spending Concerns
Microsoft stock reversed early gains to fall over 2% after UBS downgraded the U.S. tech sector, citing software demand uncertainty and heavy AI capital expenditures. Traders are eyeing upcoming inflation data for interest rate signals.
JBS Shares Edge Lower Amid $150M Oman Halal Venture, March Earnings in Focus
JBS N.V. shares dipped slightly after announcing a $150 million investment for an 80% stake in an Oman joint venture targeting halal food exports. Investors now await the company's annual results, scheduled for March 25.
Disney Shares Slide on Streaming Bundle and Bond Offering News
Disney stock fell 1.2% as the company announced a Disney+ bundle with Sky in the UK and Ireland and launched a $4 billion bond sale.
PepsiCo Shares Gain on Price Cuts and Celsius Board Moves Amid Market Rally
PepsiCo stock rose 1.3% as the company announced U.S. snack price reductions and placed executives on Celsius Holdings' board. Broader equities advanced following a strong jobs report.
JPMorgan Shares Retreat as Robust Jobs Data Dampens Fed Rate Cut Expectations
JPMorgan Chase stock reversed early gains, closing 0.5% lower after a strong U.S. employment report reduced bets on imminent Federal Reserve rate cuts. Attention now pivots to Friday's inflation data.