Articles by James Calloway
Dollarama Shares Jump 8% as Q1 Sales and Profit Top Estimates
Dollarama shares surged 8.11% after beating Q1 sales and profit estimates, with Canadian comparable sales up 5.6% and strong international growth. The company maintained its fiscal 2027 guidance and declared a $0.12 dividend.
Uber Stock Slips Amid NYC Regulatory Battle Over Driver Deactivations
Uber shares dropped Thursday as investors reacted to a legal battle over New York City's Local Law 52, which limits ride-hailing companies' ability to deactivate drivers without just cause.
Coupang Stock Jumps After Record $410M Privacy Penalty
Coupang shares jumped 5.6% after South Korea imposed a record $410 million privacy fine, providing clarity on regulatory risk despite the impact on Q2 expenses.
Navan Stock Surges 21% on Raised Fiscal 2027 Guidance, AI Expansion
Navan shares soared 21% premarket after the company raised its fiscal 2027 revenue and profit outlook, citing robust enterprise demand and AI-driven booking growth.
Alibaba Shares Tumble 5.4% After Beijing Questions 618 Subsidy Claims
Alibaba's Hong Kong shares plunged 5.4% after Beijing regulators questioned Taobao and Tmall's 618 festival subsidy claims, intensifying regulatory risk and margin worries.
Ford Stock Stabilizes After Novelis Aluminum Mill Restart Offers Profit Boost
Ford shares stabilize after Novelis restarts its key aluminum mill for F-150 trucks, promising a $1B profit boost, but tariffs and costs remain risks.
Oracle's AI Spending Spree Spurs 9% Stock Drop Despite Record Cloud Growth
Oracle shares fell over 9% after fiscal 2026 capital expenditures surged to $55.66 billion, well above forecasts, sparking investor concerns over AI spending outpacing revenue.
Big Tree Cloud Stock Plunges After Hours Following Massive Rally Ahead of Nasdaq Deadline
Big Tree Cloud shares surged 291% to $7.20 before plunging 36% after hours, driven by extreme volume ahead of a Nasdaq compliance deadline with no major news.
Opendoor Closes India Operations, Cuts 250 Jobs to Accelerate AI Strategy
Opendoor is closing its India operations and cutting 250 jobs to refocus on AI and US customers. Shares rose 3.23% to $4.48, with Russell 3000 inclusion expected after June 26.
Pop Culture Group Rockets 322% on Revenue Surge, Bitcoin Losses Curb Gains
CPOP surged 322% to $1.52 after half-year revenue rose 65% to $68.9 million, driven by digital entertainment. Net profit dropped as Bitcoin and securities losses weighed.
Lloyds Shares Dip as FCA Delays Motor Finance Payouts to 2027
Lloyds shares slipped 0.98% as the FCA delays motor-finance compensation payments until at least 2027, clouding buyback hopes.
Navan Stock Jumps After Hours on Upgraded Forecast, Nears IPO Price
Navan shares surged over 18% after hours after the company raised its fiscal 2027 revenue growth outlook to 30%, driven by strong enterprise travel demand and AI tools.