Articles by Daniel Marsh
Nokia Tumbles 7% as Nvidia's 6G Ambitions Cast Doubt on AI-Driven Growth
Nokia shares fell 7% on Tuesday amid reports that Nvidia is entering the 6G space, stoking fears over Nokia's AI growth narrative and its ability to maintain market share.
Social Security Fund Depletion Accelerated to 2032, 22% Benefit Cut Looms
Social Security's retirement fund is now expected to run out of reserves by late 2032, forcing a 22% cut in benefits without congressional intervention, as demographic and tax changes worsen the outlook.
Xcel Brands Surges on Coco Rocha-Baggallini Deal; Thin Float Fuels Volatility
Xcel Brands shares surged 10.5% to $2.10 on record volume after announcing an exclusive Baggallini-Coco Rocha handbag deal. The stock's tiny float of under 4 million shares amplified the move, despite ongoing financial challenges.
Ford's AI and Energy Gains Stall as GM Unveils Sodium-Ion Battery Deal
Ford stock slips to $14.95 amid GM's sodium-ion battery news and a 13.6% sales decline. EDF deliveries not until 2028, but regulatory advantages may buoy the stock.
NuScale Power Slumps 7% as Nuclear AI Trade Falters
NuScale Power dropped 7.2% to $10.00 on heavy volume as risk-off sentiment hit nuclear stocks, with revenue declining sharply and no new contracts announced.
Opendoor Prepares for Russell 3000 Inclusion Amid Housing Market Challenges
Opendoor shares rose 0.8% to $4.34 as investors position for Russell 3000 inclusion. Q1 revenue fell to $720M with a $173M net loss, and the company warns of mortgage rate and housing market risks.
T1 Energy Shares Slide 7.4% on Dilution Fears from KORE Deal Filing
T1 Energy shares plunged 7.4% to $8.46 on dilution fears after a filing detailed stock-based payments for the KORE Power acquisition, with share count tied to a 10-day VWAP.
Navitas Shares Drop 6.6% on $500M Stock Sale Plan and Board Departure
Navitas shares fell 6.6% to $22.85 after the company unveiled a $500M stock sale program and a board resignation, with broader chip sector weakness adding pressure.
Epsium Enterprise Rockets 72% in Wild Nasdaq Session Then Plunges
Epsium Enterprise shares skyrocketed 72% on massive volume, then fell 18.5% after hours. The Macau beverage wholesaler's rally comes despite declining revenue and a net loss.
Hims & Hers Health Surges on Weight-Loss Drug Strategy Optimism
Hims & Hers Health (HIMS) shares rallied 6.6% to $28.98 on heavy volume, bucking a tech selloff, as investors refocus on the company's weight-loss drug scaling potential after a challenging quarter.
RBC Shares Surge to 52-Week High Amid Mixed Toronto Market
RBC shares hit a 52-week high of C$277.09, closing up 1.24% at C$276.01, after Q2 net income of C$5.5 billion beat estimates, as the TSX slipped 0.2%.