Articles by James Calloway
Soy Allergen Omission Triggers Power Plate Meals Frozen Meatloaf Recall
Power Plate Meals LLC recalls 5,795 pounds of frozen meatloaf with garlic mashed potatoes for undeclared soy. Products shipped to MN, ND, SD; no adverse reactions reported.
Duke Energy Narrows Residential Rate Increase to 11.6% Amid Regulatory Pressure
Duke Energy Carolinas cut its proposed residential rate increase to 11.6% from 18% after opposition from regulators and the attorney general. The new rate requires approval from the North Carolina Utilities Commission and could take effect Jan. 1, 2027.
Micron Hits Record High on AI Memory Deal Ahead of Earnings Report
Micron Technology shares hit a record high of $1,211.38 after announcing a supply and investment deal with Anthropic, as AI memory demand drives the rally ahead of earnings.
Chipotle Shares Slide 6% as Margin Concerns Outweigh Traffic Gains
Chipotle shares dropped 6% after the holiday, as investors focused on margin pressure from rising costs and smaller checks, overshadowing a modest traffic increase.
Netflix Options Signal 10% Swing Ahead of Q2 Earnings Report
Netflix (NASDAQ:NFLX) trades higher premarket as options market implies a 10.1% swing for Q2 earnings, wider than recent quarters, with investors eyeing ad revenue and margins.
AT&T Stock Near 52-Week Low Amid California Copper Dispute and Earnings Loom
AT&T stock is near its 52-week low, pressured by a California copper dispute and with Q2 earnings due July 22. The company's free cash flow outlook is 2.1-2.3 times the quarterly dividend.
Micron Shares Climb Ahead of Q3 Report; Market Expects EPS Above Guidance
Micron Technology (MU) gained 3.04% in Monday premarket trading to $1,168.46 as traders positioned for fiscal Q3 earnings on June 24, with Wall Street consensus EPS of $20.57 above the company's guidance.
Walmart Great Value Hawaiian Roll Recall Traced to Packaging Issue
Walmart-linked Great Value Hawaiian Roll four-packs are recalled due to an oily substance on packaging. All 10,447 cases were contained at distribution, never sold in stores.
Pentagon Drives Small Nuclear Reactor Deployment, Outpacing Tech Giants
Valar Atomics' Ward 250 reached criticality outside a national lab, signaling a shift as Pentagon demand accelerates small nuclear deployment with over $2B in Army funding.
Micron's AI-Driven Surge Faces Crucial Earnings Test on June 24
Micron Technology shares surged 8.7% to a record close ahead of its June 24 earnings, seen as a pivotal test for the AI chip rally. The market expects strong results, but any sign of slowing demand could trigger a sharp selloff.
SoFi Gains 8% in Short Week as Investors Eye Growth and Credit Risks
SoFi shares surged 8% in a shortened trading week, buoyed by strong Q1 results and investor confidence, though unchanged 2026 guidance and credit risks remain in focus.