Articles by Daniel Marsh
Booking Holdings Jumps on Analyst Upgrade Ahead of Quarterly Report
Booking Holdings shares gained nearly 3% Tuesday after Gordon Haskett upgraded the stock to Buy with a $5,440 target, recovering from a sharp Monday decline. Investors now focus on the company's upcoming earnings release on February 18.
Flutter Shares Gain Amid Analyst Target Cut and Prediction Market Scrutiny
Flutter Entertainment shares edged higher as UBS reduced its price target while maintaining a Buy rating. Investors await Q4 results and monitor regulatory challenges facing emerging prediction markets.
FMC Shares Surge 7% Amid Strategic Review and Analyst Downgrades
FMC Corporation's stock climbed nearly 7% to $16.46 as investors assessed a new strategic review and a price target cut from Citigroup. Moody's also downgraded the company's debt to junk status.
Eli Lilly shares retreat as $2.4B Orna acquisition and China partnership draw scrutiny
Eli Lilly's stock declined 0.9% as investors assessed the company's strategic moves into cell therapy and Chinese drug development. The market is weighing increased pipeline spending against intensifying competition in obesity treatments.
Netflix Shares Surge on Paramount's Enhanced Warner Bros. Discovery Bid
Netflix stock climbed over 3% after Paramount sweetened its offer for Warner Bros. Discovery, including covering a $2.8 billion breakup fee tied to Netflix's existing deal.
Intel Shares Drop 3% Amid Retail Data, Tariff Uncertainty; Traders Eye Economic Reports
Intel stock fell over 3% in morning trading following disappointing U.S. retail sales figures and reports of potential tariff exemptions for major tech firms. Investors are shifting focus to upcoming jobs and inflation data.
UniFirst Shares Surge 16% on Renewed Cintas Acquisition Speculation
UniFirst stock jumped 16% to $231 following reports of revived buyout discussions with larger rival Cintas, which previously offered $275 per share. Cintas shares also gained 2.8%.
Memory Stocks Slide as AI Hardware Sentiment Cools, Focus Turns to Data and Nvidia
SanDisk shares extended losses, dropping over 4% amid a broader pullback in memory and storage stocks. Investors are assessing AI demand signals and rising component costs ahead of key U.S. economic data and Nvidia's upcoming earnings.
Dow Holds Gains After Weak Retail Data; Coca-Cola Outlook Weighs, Key Reports Ahead
The Dow Jones Industrial Average opened slightly higher Tuesday despite disappointing December retail sales. Coca-Cola shares fell after issuing a conservative 2026 growth forecast. Investors await delayed jobs and inflation data later this week.
BigBear.ai Shareholders to Decide on Doubling Authorized Stock
BigBear.ai Holdings shares held steady premarket ahead of a key February 18 shareholder vote on increasing authorized common shares from 500 million to 1 billion. The stock rose 3.2% in the prior session.