Articles by Daniel Marsh
Nu Holdings Stock Drops 3.9% as Dollar Strength Clouds Profit Outlook
Nu Holdings (NU) shares slid 3.9% as a stronger dollar challenged its $1 billion profit run. Q2 net profit hit $1.06B, but credit costs and FX risks loom.
ASX 200 Closes Higher as Tech Rebounds, Inflation and GDP Loom
ASX 200 gains 0.37% for the week as tech rebounds, but sticky inflation and rising yields keep rate risk in focus ahead of GDP data.
Bayern's 5-1 Rout Highlights Sports-Media Demand, Not Equity Value
Bayern Munich's 5-1 win over Stuttgart in the Bundesliga opener generated massive U.S. search interest, but for investors, the signal is sports-media attention, not equity value.
Nvidia's Margin Guidance Spurs 4.6% Selloff, Erasing $253B
Nvidia shares fell 4.6% on Friday as margin guidance eased, wiping out $253 billion in market value despite a record $108 billion revenue forecast.
Ondas Shares Slide 9.6% on Resale Filing After Acquisition Rally
Ondas (ONDS) shares dropped 9.6% after a filing revealed plans to resell up to 6.07 million shares, tempering its recent acquisition rally.
Xtant Medical Jumps 16% on BioHorizons Dental Distribution Pact
Xtant Medical shares soared 16% after BioHorizons secured exclusive rights to distribute its Prolifica dental product line, expanding market access.
DraftKings Surges 4.2% on NFL Renewal, Fanatics Joins Roster
DraftKings shares climbed 4.2% as the NFL renewed its sportsbook pact, adding Fanatics. Q2 handle rose 15% but revenue fell 4.6%.
Netcapital Soars 31% Despite New Nasdaq Compliance Deadline
Netcapital (NCPL) surged 31% despite a new Nasdaq compliance deadline for its delayed 10-K filing. Preliminary revenue fell 47% to $460,883, with a net loss of $9.23 million.
Cyabra Stock Soars 48.6% on Gaming Deal, Adding $2.1M to Market Cap
Cyabra (CYAB) shares surged 48.6% after a gaming client signed a six-figure annual managed-services deal, adding $2.1 million to market value. Q2 revenue rose 39% but losses persist.
Gold Miners Tumble 4.6% as Warsh's Hawkish Stance Jolts August Rally
Gold miners dropped 4.6% after Fed Chair Warsh signaled more rate hikes, erasing part of August's 23.8% surge. Junior miners fell 5.14%, while Newmont's margin cushions losses.