Articles by James Calloway
Netflix Rebounds on Heavy Volume Ahead of Q2 Earnings Report
Netflix surged 4.1% on heavy volume after a 52-week low, as investors focus on Q2 earnings due July 16. Analysts project EPS of $0.79, up 9.7% year-over-year.
Altria Jumps 6.8% as FDA Proposes New Rules for Foreign Tobacco Firms
Altria Group (MO) shares climbed 6.8% last week, adding $7.8 billion in market value, as the FDA proposed new rules for foreign tobacco manufacturers, potentially altering the competitive landscape.
IHG's Near-Record Buyback Shifts Focus to Revenue Growth
IHG's $34M buyback at near-record prices shrinks share count, putting emphasis on room and fee growth. Half-year results due August 11.
Intuitive Surgical Stock Holds Above $400 as Analysts Split Ahead of Q2 Earnings
Intuitive Surgical (ISRG) closed at $404.70, barely above its 52-week low, as analysts hold mixed views ahead of Q2 earnings on July 16. High volume from FTSE Russell rebalancing adds pressure on the $400 support level.
Supreme Court Ruling on Tax Preparer Fraud Puts 75 Million Returns at Risk
The Supreme Court let stand a ruling that the IRS can assess taxes indefinitely on returns affected by preparer fraud, even if the taxpayer was unaware, affecting 75 million paid-preparer e-filed returns.
Court Ruling Preserves Federal Grad PLUS Loans for Health Students, Impacting Private Lenders
A judge blocks the Education Department's narrow professional degree rule, allowing more health-care grad students to keep higher federal loan caps and reducing private lender growth opportunities.
Snowflake Jumps 9.7% on Strong AI Demand, AWS Deal
Snowflake (SNOW) shares surged 9.7% to $248.96 on Friday, adding $7.6B in market value, after the company reported strong quarterly earnings and raised its full-year outlook.
Credit Challenge for Private Student Lenders as Federal Cap Looms
Private student lenders face a credit test as federal borrowing caps near and SAVE plan delays persist. Data shows at least 10% of postbaccalaureate students face funding gaps with weak credit.
AT&T's 4.9% Dividend Yield and $8B Buyback Put Focus on Cash Flow
AT&T's 4.9% dividend yield and $8 billion buyback total nearly 10% of equity value, with Q2 free cash flow guidance of $4.0-$4.5 billion set to cover dividends by over 2x.
Lucid Stock Rises Despite Deep Q1 Loss and Production Cuts
Lucid shares rose 6.5% after unveiling $158M in annual savings from job cuts and shift reductions, but a $1.13B Q1 loss and lowered output highlight demand risks.
Netflix Surges 5.9% but $175B Valuation Gap Persists Ahead of Q2 Earnings
Netflix shares jumped 5.9% to $75.10, recovering from a 20-month low, but remain well below the $115.82 average analyst target, leaving a $175 billion valuation gap. Q2 earnings on July 16 will be key.