Articles by James Calloway
Opendoor Contracts Rise 12% as Margins and Mortgage Rates Diverge
Opendoor's weekly acquisition contracts rose 12% as of July 18, but shares slipped 2.2% amid rising mortgage rates and margin scrutiny ahead of Q2 earnings.
STMicroelectronics Shares Tumble on Earnings Miss Despite AI Data Center Optimism
STMicroelectronics shares plunged 13.6% after Q2 EBITDA fell 15% short of expectations, with AI data center goals failing to offset the disappointment.
IBM's Free Cash Flow Yield Rises to 8% After Revenue Guidance Cut
IBM's free cash flow yield expands to 8.1% after slashing revenue guidance, though cash forecast holds. Shares drop 29% in two weeks.
Nokia Beats Q2 Profit Forecasts as AI Orders Surge to €2.8 Billion
Nokia posted a stronger-than-expected quarterly profit, driven by a surge in AI and cloud demand. Orders hit €2.8 billion, six times sales.
Tesla Stock Sinks as $16.7B H2 Capex Looms
Tesla shares dropped 5.9% premarket as the company faces $16.7 billion in H2 capital expenditures, raising cash flow concerns after Q2 earnings missed estimates.
AT&T Rises Premarket as Strong Subscriber Growth Fuels $10 Billion Buyback
AT&T shares gained in premarket trading after strong subscriber additions and earnings beat fueled a $10 billion buyback plan, signaling robust shareholder returns.
Alphabet Shares Dip as $200B AI Spending Plan Strains Cash Flow
Alphabet shares slipped 3.4% in premarket after raising 2026 capital spending to $200B, surpassing trailing operating cash flow and turning free cash flow negative.
Super Micro Stock Surges on $847 Million Profit Boost
Super Micro Computer (SMCI) shares rose 19.8% after analysts projected an $847 million gross profit swing, driven by a sharp margin improvement to 15%-17%.
AA108 Disruptions Shed Light on American Airlines' Rising Maintenance Costs Ahead of Q2 Report
Disruptions on American Airlines flight AA108 highlight a 6.5% rise in maintenance costs as investors await Q2 earnings. AAL shares fell 3.2% on Wednesday.
Long John Silver's Store Count Shrinks 4.6%, Tests Same-Store Sales Streak
Long John Silver's ended 2025 with 479 U.S. restaurants, down 4.6%, while maintaining a 16-quarter same-store sales streak. Analysts estimate 4.8% comp growth needed to offset unit losses.
Meta Platforms Faces 94% Surge in Quarterly Capex as 2026 Spending Outlook Widens
Meta Platforms stock dropped 2.6% after guidance indicated a 94% rise in average quarterly capital expenditure to $38.39 billion for the remainder of 2026.
United Rentals Soars on Record Q2, Lifts Full-Year Outlook
United Rentals (URI) shares climbed 9% after posting record Q2 revenue and raising its 2026 revenue and EBITDA guidance, driven by robust demand from large-scale projects.