Articles by James Calloway
Senate Panel Advances Crypto Bill, XRP Eyes Key Resistance Level
The U.S. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote, pushing XRP toward the $1.50 resistance level amid rising institutional inflows.
PureCycle Soars 25% on New Jersey Recycled Content Approval
PureCycle shares jumped 24.7% to $12.72 after New Jersey regulators approved its PureFive resin as postconsumer recycled content under state packaging law.
Broadcom Surges to Record High Ahead of Q2 Earnings on AI Optimism
Broadcom shares hit a record high above $439 Thursday ahead of its June 3 earnings report, driven by analyst upgrades and strong AI chip demand.
Nu Holdings Earnings: Key Test for Nubank’s Profitability
Nu Holdings reports Q1 earnings tonight. Analysts forecast EPS of $0.20 and revenue of $5.06 billion. NU shares rose 0.9% to $12.94 ahead of the release.
Plug Power Revenue Beats Estimates, But Path to Profitability Remains Steep
Plug Power's Q1 revenue beat estimates at $163.5 million, but a $245.3 million loss and ongoing cost-cutting efforts highlight the challenges ahead as it targets positive EBITDAS by year-end.
Musk in Beijing: Tesla's FSD Ambitions Face China Regulatory Hurdle
Elon Musk visits Beijing with Trump's business delegation to secure approval for Tesla's Full Self-Driving system in China. Shares closed nearly flat at $445.13.
Snap Shares Dip on Downgrade Amid Ad Revenue Struggles
Snap shares fell 6% after a downgrade, as Q1 ad revenue growth slowed to 3% and Q2 outlook disappointed.
Redwire Surges on Record Backlog, Defense Shift
Redwire shares surged nearly 14% after posting a 57.9% revenue jump and a record $498.1 million backlog, while reaffirming its 2026 sales target.
Klarna Reports First Profit Post-IPO, Tepid Q2 Guidance Caps Rally
Klarna achieved its first quarterly profit since going public, but softer Q2 guidance tempered investor enthusiasm. Revenue surged 44% to $1 billion.
Cisco Stock Soars on AI Orders, Restructuring Plan
Cisco shares jumped as much as 22% in premarket trading after the company raised its sales forecast and announced a restructuring focused on AI, with $5.3 billion in AI orders from hyperscalers.
Forgent Power Soars on Record Orders, AI Data Center Demand Drives Growth
Forgent Power Solutions raised its FY2026 revenue forecast after record Q3 bookings of $867 million, signaling robust AI data center demand. Shares jumped in premarket trading.
Ondas Surges on Q1 Revenue Beat, Lifts 2026 Guidance
Ondas shares surged 14% premarket after Q1 revenue of $50.1M beat forecasts. The company raised its 2026 revenue outlook to $390M+.