Articles by James Calloway
Google AI Liability Ruling Adds to Alphabet's Regulatory Woes
Alphabet shares edged higher Friday even as a German court ruling on Google's AI Overviews introduces new legal liability risks for its core search business, with Q2 earnings on the horizon.
SoFi Stock at $16.58, Down 40% YTD, as Q2 Earnings Loom
SoFi Technologies shares closed at $16.58, down 0.54%, with a 40% year-to-date decline. Analysts are split with a Hold consensus, and investors eye Q2 earnings for guidance updates.
Home Depot Edges Higher as Market Balances Housing Headwinds
Home Depot shares climbed Friday, extending a two-day rebound, as the market awaits Q2 earnings on August 18 amid mixed signals on housing and remodeling demand.
Pfizer Edges Higher at $26.21 Amid Dividend Draw and Pipeline Optimism
Pfizer closed Friday at $26.21, up 0.15%, outperforming its sector despite German pricing pressures and a European legal setback. Focus remains on its 6.56% dividend yield and pipeline progress in obesity and oncology.
Disney Shares Dip as Investors Eye Toy Story 5 and Q3 Earnings
Disney shares edged down 0.3% to $100.04 as Needham maintained a Buy with a $125 target. Focus shifts to Toy Story 5's June 19 debut and fiscal Q3 earnings.
Merrill Lynch Fined $225K by FINRA for Over 1,600 Unreported Complaints
FINRA fined Merrill Lynch $225,000 for failing to report over 1,600 customer complaints from post-call surveys in 2023. The firm self-disclosed, conducted a lookback, and suspended written survey comments.
Starbucks Nears 52-Week High Amid Turnaround, Valuation Concerns Loom
Starbucks stock closed at $103.04, just 5% below its 52-week high. Investors await Q3 results to see if traffic growth can offset labor and coffee cost pressures.
PayPal Stock Hovers Near $41 Amid Mixed Signals Ahead of July Earnings
PayPal closed at $41.53, up 0.7%, balancing low P/E and buybacks against margin pressure and weak guidance ahead of July 28 earnings.
Coca-Cola Hovers Near 52-Week High as Earnings and Dividend Date Loom
Coca-Cola closed near its 52-week high at $82.62, with Bernstein initiating coverage at Market Perform and an $84 target, as investors eye the July 21 earnings report and June 15 ex-dividend date.
PepsiCo Shares Steady Near $144 Amid Analyst Divergence Ahead of Q2 Report
PepsiCo shares ended Friday at $144.27, up 0.39%, as analysts split on the stock ahead of the July 9 Q2 earnings report. Recent price targets range from $143 to $178.
Annaly Capital Stock Steady Near $22 After Dividend Increase, Fed Meeting in Focus
Annaly Capital Management raised its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6%. The stock closed near $22 as investors weigh the payout against interest rate risks.
Accenture Shares Bounce Back Ahead of Q3 Report; AI Growth in Focus
Accenture shares rebounded 1.65% to $170.28 on Friday, halting a five-day slide, as the market eyes the June 18 Q3 earnings release.