Articles by James Calloway
Oracle Stock Rebounds Amid $24 Billion Cash Flow Deficit
Oracle shares recovered 1.77% on Friday to $126.41, but ended the week down 10.1% amid a $23.7 billion free cash flow deficit and S&P downgrade.
Big Tech Trio Faces $6 Trillion Test as Earnings Season Intensifies
Alphabet, Tesla, and Intel, with a combined $6.03 trillion valuation, report earnings this week, testing market resilience after a volatile week for tech and chip stocks.
Iovance Biotherapeutics Shares Surge 18% as Amtagvi Sales Targets Come into Focus
Iovance Biotherapeutics (IOVA) shares climbed 18.2% last week as investors eye the ambitious sales targets for its cancer therapy Amtagvi.
IBM's Worst Week in History Sparks Doubts on Software Strategy
IBM shares plummeted 26% in their worst week ever, erasing $69B in market cap after preliminary Q2 results missed revenue and earnings estimates.
Nokia's Q2 Report Looms as Gross Margin Test After 19% Plunge
Nokia shares dropped 18.8% last week to €8.85. Q2 earnings Thursday will test gross margin forecasts, which imply an 80-basis-point decline.
HVAC Service Revenue Surges as UK Issues Air Conditioning Health Warnings
UK doctors warn that poorly maintained air conditioning can cause lung irritation, highlighting the growing importance of HVAC service revenue for companies like Carrier, Johnson Controls, and Trane.
Opendoor (OPEN) Faces Q2 Earnings Test After Week of Heavy Trading
Opendoor shares ended the week at $4.50 after unusually high trading volume, with about 55% of shares changing hands. The company reports Q2 results on August 4.
Nokia Shares Plunge 19% Ahead of Key AI Margin Test
Nokia shares fell 18.8% this week, tracking Ciena's decline, as AI spending pressures mount ahead of its Q2 report on July 23.
P&G Outperforms Staples Sector Amid Oil Price Surge
P&G shares gained 2.0% last week, beating the S&P 500 by 3.6 percentage points, as a 16% oil price increase raised costs. Earnings are due July 29.