Articles by James Calloway
Snap Shares Dip Amid Regulatory Scrutiny and Ad Revenue Concerns
Snap shares fell nearly 1% as regulators in the UK and Australia ramped up pressure over child safety enforcement. The company also faces investor caution after providing a first-quarter revenue forecast slightly below Wall Street expectations.
Grab Announces Philippine Driver Support Amid Cost Pressures
Grab Holdings shares advanced Friday following the launch of a new support package for drivers in the Philippines, a move aimed at mitigating the impact of rising fuel costs. The initiative comes as the company navigates investor concerns over its 2026 financial outlook and elevated incentive spending.
Nu Holdings Faces Investor Scrutiny Over Costs Amid Global Expansion Drive
Nu Holdings shares hovered near $14 Friday as investors weighed strong fourth-quarter earnings against concerns over rising operational costs and tax impacts. The digital bank announced new global marketing initiatives, including hiring a former TikTok executive and securing sports partnerships.
Plug Power Sells New York Site to Bolster Cash, Shares Edge Lower
Plug Power shares declined slightly after the company announced the sale of its New York STAMP facility for at least $132.5 million, part of a broader effort to conserve cash. The hydrogen fuel cell firm reported a fourth-quarter gross profit of $5.5 million but continues to face analyst skepticism.
UiPath Shares Slide on Tempered Long-Term Growth Outlook
UiPath shares declined over 8% as investors focused on a moderated long-term growth forecast, overshadowing a strong fourth-quarter earnings beat and a new share repurchase authorization.
Ulta Beauty Shares Tumble on Subdued 2026 Profit Forecast
Ulta Beauty shares dropped over 8% following a cautious fiscal 2026 earnings forecast that missed expectations, overshadowing an 11.8% rise in fourth-quarter net sales.
Micron Shares Dip Amid Oil-Driven Market Volatility Ahead of Q2 Report
Micron Technology shares declined 3.1% to $405.35 Thursday, caught in a broader market selloff driven by rising oil prices. The drop comes just days before the company's critical fiscal second-quarter earnings report on March 18.
Vale Shares Fall Despite Iron Ore Rally, Hit by Nickel Writedown
Vale's ADRs dropped despite a 4% surge in iron ore prices, after reporting a $3.8 billion quarterly net loss due to a major impairment on Canadian nickel operations.
Ambev Shares Hold Steady as Analyst Sees Limited Upside, Q4 Profit Slips
Ambev's stock remained near R$15 following a neutral analyst call, with ADRs dropping 4.3%. The brewer posted mixed 2025 results, with full-year EBITDA growth offset by a fourth-quarter profit decline of 8%.
Kingfisher Shares Extend Losses Amid Housing Slowdown Ahead of Earnings
Kingfisher Plc shares declined 1.8% to 307.6 pence, marking a five-day drop of 10.4% ahead of full-year results on March 24. The downturn reflects cooling UK housing demand and rising energy costs.