Articles by James Calloway
BlackRock Gains as Active Strategies Drive Fee Revenue Growth
BlackRock shares rose 1.1% as active strategies, 24% of AUM, drove 42% of base-fee and lending revenue, highlighting fee growth over asset records.
Seagate Stock Slides 6.5% Ahead of Q4 Earnings Report
Seagate shares dropped 6.5% to $774.19 in early Nasdaq trading as the market looks ahead to its fiscal Q4 earnings release on July 28.
Kalshi's Flight Cancellation Contracts Hit Data Snag
Kalshi's flight-cancellation contracts face a settlement data gap as FlightAware rejects use and BTS data lags, limiting their value as a risk signal.
Netflix Ad Revenue Forecasts Surge 10% Above Guidance, Driving Growth
Netflix shares edged down 0.3% as early analyst estimates for 2026 ad revenue hit $3.3 billion, exceeding the company's $3 billion target by 10%.
Walmart's AI Integration Yields $706 Million Margin Boost
Walmart Inc. (NASDAQ: WMT) said a 0.1-point margin increase from AI added $706 million. The retailer is pushing AI to boost margins and fill 200,000 jobs.
TSMC Shares Slide Despite Record Profit as Cash Conversion Deteriorates
TSMC shares fell 2.9% after a record profit, as free-cash-flow conversion dropped to 40.7% from 60.8% and capex guidance rose 14.8%.
Abbott Q2 Beats Estimates, Lifts EPS Outlook; Sales Growth Target Looms
Abbott (ABT) reported Q2 adjusted EPS of $1.31, beating estimates, and raised its full-year EPS outlook. The company now needs 8.6%-10.5% H2 sales growth to hit its revenue target.
GE Aerospace Raises 2026 Cash Flow Forecast; Working Capital Drives Q2 Growth
GE Aerospace lifted its 2026 free cash flow forecast to $8.9-$9.2 billion after Q2 cash flow surged 43%, though working capital accounted for nearly all the improvement.
United Airlines Tests Premium Economy Row with Blocked Middle Seats on A321XLRs
United Airlines will block middle seats on 50 incoming A321XLR jets, creating a four-seat premium row. The airline needs 1.5x revenue per seat to match standard rows, as fuel costs surged 84% in Q2.
MTY Food Group to Close 29% of Corporate Stores, Exiting Papa Murphy's Operations
MTY Food Group will close 68 corporate stores (29% of its company-run sites), including 45-50 Papa Murphy's outlets, to address ongoing losses and improve profitability.
Tetragon Boosts UiPath Stake by 21% Amid ARR Growth Challenges
Tetragon Financial Group raised its UiPath stake by 21% to 6.8%, adding 5.45 million shares. UiPath faces an ARR growth gap of $129 million in H2, with agentic AI deals potentially boosting revenue.
UnitedHealth and Elevance Health Q2 Beats: How Much Upside Made It Into Guidance?
UnitedHealth raised its 2026 EPS floor by $1.25 after a $1.48 beat, while Elevance added just $0.25 after a $1.24 beat, highlighting a key divergence in guidance quality.