Articles by James Calloway
Digi Power X Shares Slide Ahead of Earnings as AI Deal Faces Scrutiny
Digi Power X shares dropped 14% to $7.28 ahead of Friday's earnings report, as the market assesses the $1.1B Cerebras AI data-center deal and a new GPU rental contract.
Manulife Shares Dip 6% on Q1 Earnings Miss Despite Asia Strength
Manulife Financial Corp (MFC) shares slid nearly 6% after Q1 core earnings missed estimates, even as Asia profits surged 22%. Net income doubled, but Canada and U.S. results weakened.
Leslie's Shares Surge 160% on Sales Rebound, Turnaround Still Underway
Leslie's shares skyrocketed 160% after Q2 sales grew 4.3% and customer traffic improved, though the company reported a wider net loss of $52.5 million.
Senate Panel Advances Crypto Bill; Coinbase Shares Surge
Coinbase shares rose 7.7% after the Clarity Act advanced in the Senate, but the bill faces a tough floor vote.
Senate Panel Advances Crypto Bill, XRP Eyes Key Resistance Level
The U.S. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote, pushing XRP toward the $1.50 resistance level amid rising institutional inflows.
PureCycle Soars 25% on New Jersey Recycled Content Approval
PureCycle shares jumped 24.7% to $12.72 after New Jersey regulators approved its PureFive resin as postconsumer recycled content under state packaging law.
Broadcom Surges to Record High Ahead of Q2 Earnings on AI Optimism
Broadcom shares hit a record high above $439 Thursday ahead of its June 3 earnings report, driven by analyst upgrades and strong AI chip demand.
Nu Holdings Earnings: Key Test for Nubank’s Profitability
Nu Holdings reports Q1 earnings tonight. Analysts forecast EPS of $0.20 and revenue of $5.06 billion. NU shares rose 0.9% to $12.94 ahead of the release.
Plug Power Revenue Beats Estimates, But Path to Profitability Remains Steep
Plug Power's Q1 revenue beat estimates at $163.5 million, but a $245.3 million loss and ongoing cost-cutting efforts highlight the challenges ahead as it targets positive EBITDAS by year-end.
Musk in Beijing: Tesla's FSD Ambitions Face China Regulatory Hurdle
Elon Musk visits Beijing with Trump's business delegation to secure approval for Tesla's Full Self-Driving system in China. Shares closed nearly flat at $445.13.
Snap Shares Dip on Downgrade Amid Ad Revenue Struggles
Snap shares fell 6% after a downgrade, as Q1 ad revenue growth slowed to 3% and Q2 outlook disappointed.
Redwire Surges on Record Backlog, Defense Shift
Redwire shares surged nearly 14% after posting a 57.9% revenue jump and a record $498.1 million backlog, while reaffirming its 2026 sales target.