Articles by Daniel Marsh
DraftKings Surges on Predictions Product Growth
DraftKings shares surged 11.34% after revealing strong May activity in its Predictions product, with annualized consumer volume up 24% month-over-month.
Ondas Shares Slide on 2.7M Share Resale Filing
Ondas Inc. shares dropped in premarket trading after an SEC filing to register 2.7 million shares for resale, tied to its Omnisys deal, adding supply pressure to the volatile defense drone stock.
SoFi Holds Steady as Risk-Off Mood Grips Markets
SoFi stock holds near $16.47 in premarket as Wall Street turns defensive amid inflation concerns and geopolitical tensions.
LVMH shares ease after rally as RBC reiterates buy rating ahead of H1 results
LVMH shares edged lower Wednesday after a four-day rally, as RBC reiterated its buy rating with a €600 target. Investors eye July's first-half results for signs of recovery in Fashion & Leather Goods and easing Middle East headwinds.
Roche Shares Inch Up on $2.3B Nurix Deal for Blood Cancer Drug
Roche shares gained 1.07% on a $2.3 billion deal with Nurix for bexobrutideg, a late-stage BTK degrader for CLL, set to enter Phase 3 this summer.
Tencent Shares Surge After $4.66B Bond Sale Draws Over $17B in Orders
Tencent shares rose 3.22% after a $4.66 billion dual-currency bond sale drew over $17 billion in orders, easing concerns about AI spending.
PAVS Stock Surges on $195M ATM Filing; Dilution Risks Loom
PAVS stock rose 19.6% premarket after filing a $195M at-the-market offering, an unusually large amount relative to its $1.07M market cap, raising dilution risks.
S&P 500 Futures Edge Higher as Inflation Data and Tech Earnings Loom
U.S. stock futures climbed Wednesday, with S&P 500 and Nasdaq contracts up, as traders await inflation data and tech earnings. Intel slipped after a surge on Google AI chip order news.
Tech Stocks Slide, Oil Surges After US Strikes on Iran; CPI in Focus
US stock futures declined and oil prices advanced following US military strikes on Iran, intensifying a selloff in technology shares. Markets are now focused on Wednesday's inflation data and the anticipated SpaceX IPO.
Keel Infrastructure Tumbles on $458M Convertible Debt for AI Data Centers
Keel Infrastructure shares plunged 4.24% to $5.42 after a $458M convertible debt deal for AI data centers, sparking dilution worries. Volume doubled.
