Articles by James Calloway
Opendoor Closes India Operations, Cuts 250 Jobs to Accelerate AI Strategy
Opendoor is closing its India operations and cutting 250 jobs to refocus on AI and US customers. Shares rose 3.23% to $4.48, with Russell 3000 inclusion expected after June 26.
Pop Culture Group Rockets 322% on Revenue Surge, Bitcoin Losses Curb Gains
CPOP surged 322% to $1.52 after half-year revenue rose 65% to $68.9 million, driven by digital entertainment. Net profit dropped as Bitcoin and securities losses weighed.
Lloyds Shares Dip as FCA Delays Motor Finance Payouts to 2027
Lloyds shares slipped 0.98% as the FCA delays motor-finance compensation payments until at least 2027, clouding buyback hopes.
Navan Stock Jumps After Hours on Upgraded Forecast, Nears IPO Price
Navan shares surged over 18% after hours after the company raised its fiscal 2027 revenue growth outlook to 30%, driven by strong enterprise travel demand and AI tools.
Outlook Therapeutics Surges on FDA Review Progress for Lytenava
Outlook Therapeutics shares surged 26% to $0.89 as the FDA began a 60-day review of Lytenava after a successful appeal, though the stock faces Nasdaq delisting and dilution risks.
Pop Culture Group Surges on Revenue Growth Despite Margin and Crypto Concerns
Pop Culture Group shares soared 378% to $1.72 after half-year revenue jumped 65% to $68.9M, led by digital entertainment. But thin margins, a net profit decline, and Bitcoin-linked losses cast doubt on the rally's durability.
Grab Shares Edge Higher as Taiwan Deal Nears Regulatory Verdict
Grab shares edged up 0.5% to $3.315 after detailing partner commitments for its $600 million foodpanda Taiwan acquisition, a deal that could add $60 million to adjusted EBITDA in 2028.
UiPath Edges Up as ARR Growth Concerns Persist
UiPath shares recovered 1% after Tuesday's drop, but focus remains on Q2 ARR guidance of up to $1.934 billion, below consensus. First-time GAAP profitability and a $500M buyback offer some support.
Cracker Barrel Surges 26% on Surprise Q3 Profit, Lifted Guidance
Cracker Barrel shares surged 26% on a surprise Q3 profit and raised 2026 guidance, with Wells Fargo upgrading the stock. Traffic remains a concern.
Lemonade Stock Surges on Profitability Outlook and Analyst Upgrade
Lemonade shares surged 10.6% as investors focused on the company's reiterated Q4 adjusted EBITDA target and a TD Cowen price target hike.
Casey's General Stores Surges on Fuel Margins, Pizza Sales, and Buyback Boost
Casey's General Stores stock jumped 15% after beating Q4 earnings with a 66% EPS jump, driven by fuel margins and pizza sales. The company raised its dividend and expanded buybacks to $1 billion.