Articles by James Calloway
Brookfield Shares Dip Ahead of Q4 Report as Rate Outlook Shifts
Brookfield Corporation shares fell nearly 2% Wednesday, pressured by a sector-wide decline after strong jobs data pushed back expectations for Federal Reserve rate cuts. The company reports fourth-quarter results Thursday.
Walmart Shares Gain as Analysts Boost Targets Ahead of Q4 Report
Walmart shares advanced Wednesday after RBC and BTIG raised price targets to $140. Investors await quarterly results and guidance amid a lawsuit from Estée Lauder.
GCM Grosvenor Gains on Record Fundraising, Expanded Buyback and Dividend
GCM Grosvenor shares advanced after the firm reported record 2025 fundraising, increased its share repurchase program by $35 million, and declared a dividend. Assets under management grew 14% to $90.9 billion.
Spotify Shares Hold Gains After Strong Q4, Focus Shifts to Subscriber Momentum
Spotify stock held near $480 in premarket trading after a 14.8% surge, driven by Q4 operating income of €701M and 10% subscriber growth. Q1 revenue guidance slightly missed expectations.
Robinhood Shares Dip as Crypto Revenue Shortfall Offsets Gains in Equities and Options
Robinhood's stock declined premarket after Q4 revenue missed estimates, driven by a 38% drop in crypto trading revenue. The company reported record platform assets of $324 billion and projected higher 2026 operating expenses.
UBS Raises Opendoor Target Ahead of Earnings; Shares Rebound After Slide
Opendoor shares edged higher in premarket trading, recovering slightly from a 5% drop, after UBS increased its price target ahead of the company's upcoming quarterly results.
Shopify Surges on Strong Q4 Revenue and $2 Billion Share Repurchase Plan
Shopify's stock climbed over 7% premarket after reporting Q4 revenue of $3.67 billion, beating expectations, and announcing a $2 billion share buyback program.
Novelis Targets June Restoration for Fire-Damaged Oswego Plant as Q3 Loss Hits $160M
Novelis posted a $160 million Q3 loss after fires disrupted its Oswego aluminum plant, cutting shipments 11%. Repairs aim for June completion, but Ford warns full output may not resume until September, pressuring F-150 costs.
Hims & Hers Shares Stabilize After Novo Nordisk Patent Lawsuit Rattles Weight-Loss Strategy
Hims & Hers stock edged up 0.1% premarket following steep declines after Novo Nordisk filed a patent lawsuit over compounded semaglutide. Investors await court developments, FDA signals, and the company's Feb. 23 earnings.
Ford Shares Flat Despite $11.1B Q4 Loss, Eyes on 2026 Profit Targets
Ford stock showed little movement after reporting a significant quarterly loss, while projecting a strong profit rebound by 2026. Ongoing tariff pressures and supply chain issues continue to challenge the automaker's core truck business.
IRS Warns 2026 Tax Refund Delays Likely Without Accurate Direct Deposit Details
The IRS cautions that missing or incorrect bank information will hold 2026 refunds, with updates only accepted by mail. Most e-filed refunds arrive within 21 days, but delays could extend into March.
Upwork Shares Stabilize After Sharp Sell-Off on Weak Q1 Outlook
Upwork stock steadied in premarket trading following a 19% plunge after the company issued first-quarter revenue guidance below analyst expectations, citing AI pressure and higher costs.