Articles by James Calloway
UiPath Shares Gain Ahead of Critical AI-Focused Earnings Report
UiPath shares advanced 2.8% to $11.91 in Wednesday trading as investors positioned for quarterly results that will test the success of its strategic shift to an integrated AI automation platform.
Nu Holdings Shares Stagnate Amid Analyst Target Cuts, Global Expansion Plans
Nu Holdings shares were nearly unchanged in early trading as Bank of America reduced its price target, highlighting concerns over operating expenses and loan-loss provisions. The stock remains down sharply for the year despite the company reporting record quarterly profit.
NIO Posts First Quarterly Profit, Stock Jumps as 2026 Break-Even Target in Focus
NIO shares rallied sharply after the company announced its first-ever quarterly net profit and forecast reaching break-even this year. The EV maker's Q4 revenue jumped 75.9% to 34.65 billion yuan.
Appeals Court Weighs State Social Media Bans, Snap Faces Teen Safety Scrutiny
A federal appeals court heard arguments Tuesday on state laws limiting minors' social media access, placing Snapchat parent Snap Inc back in the legal spotlight. Judges questioned whether Florida's under-14 ban and Georgia's age verification rules could be invalidated.
AeroVironment Cuts Outlook After Space Force Contract Termination
AeroVironment reduced its full-year revenue and earnings guidance following the U.S. government's decision to end the BADGER agreement tied to the Space Force's SCAR program. The company reported a net loss of $156.6 million for its fiscal third quarter.
Accenture Shares Dip on Analyst Target Cut Ahead of Q2 Report
Accenture shares declined following a price target cut by Truist, which highlighted concerns over enterprise AI adoption and partner spending ahead of the company's upcoming quarterly results.
United Airlines Warns of Q1 Profit Hit as Jet Fuel Costs Soar
United Airlines Holdings stock declined after the carrier warned rising jet fuel expenses will significantly impact first-quarter results, with TD Cowen projecting adjusted EPS could drop to as low as $0.05.
Intuit Shares Slide on Spending Concerns Despite Analyst Upgrade
Intuit shares dropped nearly 4% Tuesday as investors focused on elevated spending forecasts overshadowing a bullish analyst upgrade and strong January-quarter results.
J&J Seeks Earlier Use of Tecvayli in Europe Following US Myeloma Approval
Johnson & Johnson has submitted an application to European regulators to expand the use of its myeloma drug Tecvayli as a monotherapy after just one prior treatment. This follows recent U.S. approval for a Tecvayli combination and is supported by trial data showing a 71% reduction in disease progression risk.
Teradyne Files German Copyright Suit Against Chinese Robotics Firm Elite Robots
Teradyne Robotics has initiated a copyright lawsuit in Germany against the German subsidiary of China's Elite Robots, claiming unauthorized use of Universal Robots software. The company also notified European safety authorities about potential issues with Elite Robots' machines.
Exxon Mobil Seeks Shareholder Nod to Reincorporate in Texas
Exxon Mobil Corporation has proposed shifting its legal headquarters from New Jersey to Texas, a move requiring shareholder approval at its upcoming annual meeting. The change would align its legal home with its operational hub but not affect physical assets or employment.