Articles by James Calloway
Capital One $425M Savings Account Settlement Cleared for Payout
A federal judge granted final approval to Capital One's $425 million settlement regarding its 360 Savings accounts. Eligible customers from September 2019 through June 2025 could receive payments beginning July 21, barring any appeals.
Lam Research Surges on Record Earnings, AI-Driven Forecast
Lam Research shares climbed following a record March quarter, with revenue and earnings surpassing estimates. The company raised its 2026 wafer fabrication equipment forecast to $140 billion, citing strong AI-driven demand.
Texas Instruments Surges on Upbeat Outlook, Signaling Analog Chip Recovery
Texas Instruments shares rallied after the chipmaker issued a second-quarter forecast that exceeded analyst expectations, driven by a rebound in orders from industrial and data-center clients.
ServiceNow Shares Plunge on Deal Delays, CEO Defends AI Strategy
ServiceNow shares tumbled 14% in extended trading after reporting that geopolitical tensions postponed several large contracts, overshadowing an increased annual revenue outlook and strong quarterly results.
Tesla's Cash Flow Triumph Outshines Revenue Shortfall in Q1
Tesla's first-quarter free cash flow of $1.44 billion impressed investors, overshadowing a revenue miss and sending shares higher after hours. The company is amassing cash to fund its ambitious AI and autonomous driving initiatives.
WBD Shareholders Vote on $110B Paramount Merger Amid Regulatory Scrutiny
Warner Bros. Discovery investors are voting on a $110 billion takeover by Paramount Skydance, with shares trading 12% below the offer price. Regulatory reviews and industry opposition create significant hurdles for the deal.
Alphabet Price Targets Raised Ahead of Q1 Earnings on AI, Cloud Momentum
Analysts lift Alphabet price targets citing accelerating Google Cloud growth and stronger AI integration, with shares rising ahead of next week's earnings report.
Microsoft's AI Spending Under Scrutiny Ahead of Q3 Earnings
Microsoft shares advanced 1.7% to $431.31 as Wall Street anticipates the company's upcoming earnings report, with particular attention on Azure performance and AI infrastructure investments. Bank of America reiterated its buy rating and $500 price target.
IBM Q1 Earnings Preview: Software Growth, Red Hat, and AI in Focus
IBM is set to release its first-quarter financial results after Wednesday's market close. Investors will scrutinize software segment growth, the newly acquired Confluent's contribution, and Red Hat's performance for clues on the 2026 outlook.
Super Micro Stock Gains Ahead of Earnings Amid High Volatility Expectations
Super Micro Computer shares advanced Wednesday as traders positioned for the company's upcoming quarterly results, with options markets implying significant volatility. The report follows recent legal challenges and margin pressures.
RTX Lifts 2026 Forecast on Defense and Aftermarket Strength, Shares Retreat
RTX has increased its financial guidance for 2026 following robust first-quarter results, fueled by missile programs and jet engine maintenance. Despite the upgrade, the company's shares fell for a second consecutive day.
White House Considers $500M Lifeline for Spirit Airlines Amid Fuel Crisis
The White House is nearing a $500 million loan agreement for Spirit Airlines, which faces collapse due to soaring fuel prices. The administration also opposes a potential merger between United and American Airlines.