Articles by James Calloway
Adobe Stock Slides as CFO Exit Overshadows Record Q2 Results and AI Growth
Adobe shares tumbled over 10% after CFO Dan Durn's exit announcement overshadowed record Q2 earnings, with revenue of $6.62B and EPS of $5.96 beating estimates.
US States and Congress Tighten Crypto ATM Rules Amid $388M Scam Losses
Delaware advances a bill to ban crypto kiosks within 90 days, while North Carolina opts for regulation. New federal legislation targets scams, with FBI data showing over $388 million in losses.
Lennar Stock Drops on Lowered Outlook Despite Earnings Beat
Lennar beat adjusted EPS estimates but cut its 2026 delivery target and issued weaker-than-expected Q3 guidance, sending shares lower after hours.
Adobe Plunges Ahead of Q2 Earnings as AI Fears Mount
Adobe shares fell 4.6% to $222.66 ahead of Q2 earnings, with options signaling an 8.5% swing that could push ADBE near 2019 lows amid AI fears and CEO transition.
Dollarama Shares Jump 8% as Q1 Sales and Profit Top Estimates
Dollarama shares surged 8.11% after beating Q1 sales and profit estimates, with Canadian comparable sales up 5.6% and strong international growth. The company maintained its fiscal 2027 guidance and declared a $0.12 dividend.
Uber Stock Slips Amid NYC Regulatory Battle Over Driver Deactivations
Uber shares dropped Thursday as investors reacted to a legal battle over New York City's Local Law 52, which limits ride-hailing companies' ability to deactivate drivers without just cause.
Coupang Stock Jumps After Record $410M Privacy Penalty
Coupang shares jumped 5.6% after South Korea imposed a record $410 million privacy fine, providing clarity on regulatory risk despite the impact on Q2 expenses.
Navan Stock Surges 21% on Raised Fiscal 2027 Guidance, AI Expansion
Navan shares soared 21% premarket after the company raised its fiscal 2027 revenue and profit outlook, citing robust enterprise demand and AI-driven booking growth.
Alibaba Shares Tumble 5.4% After Beijing Questions 618 Subsidy Claims
Alibaba's Hong Kong shares plunged 5.4% after Beijing regulators questioned Taobao and Tmall's 618 festival subsidy claims, intensifying regulatory risk and margin worries.
Ford Stock Stabilizes After Novelis Aluminum Mill Restart Offers Profit Boost
Ford shares stabilize after Novelis restarts its key aluminum mill for F-150 trucks, promising a $1B profit boost, but tariffs and costs remain risks.
Oracle's AI Spending Spree Spurs 9% Stock Drop Despite Record Cloud Growth
Oracle shares fell over 9% after fiscal 2026 capital expenditures surged to $55.66 billion, well above forecasts, sparking investor concerns over AI spending outpacing revenue.
Big Tree Cloud Stock Plunges After Hours Following Massive Rally Ahead of Nasdaq Deadline
Big Tree Cloud shares surged 291% to $7.20 before plunging 36% after hours, driven by extreme volume ahead of a Nasdaq compliance deadline with no major news.