Articles by James Calloway
Figure Technology Shares Rally Ahead of Q4 Earnings Report
Figure Technology Solutions shares advanced premarket Thursday, building on Wednesday's 16.5% surge as investors await fourth-quarter earnings after the close.
Hims & Hers Faces SEC Probe, Novo Nordisk Lawsuit as Analysts Cut Targets
Hims & Hers Health shares held steady premarket following disclosures of an SEC probe and a patent lawsuit from Novo Nordisk. Analysts at BTIG and Citi downgraded the stock, citing regulatory risks.
TeraWulf Gains Ahead of Q4 Report, Capacity Expansion in Focus
TeraWulf Inc shares edged higher in premarket trading Thursday ahead of its fourth-quarter earnings release, following significant gains earlier in the week. Analysts anticipate $43.55 million in revenue.
HP Shares Gain Premarket Despite Memory Cost Pressures and Cautious Outlook
HP Inc. shares edged higher in premarket trading following a quarterly earnings beat, though the company cautioned about increasing memory chip costs and U.S. trade regulations. Management maintained its full-year outlook but expects results at the lower end of its forecast range.
Navitas Semiconductor Holds Gains After Revenue Outlook, CFO Transition
Navitas Semiconductor shares stabilized in premarket trading after a sharp 20% rally, driven by an upbeat first-quarter revenue forecast and the announcement of its CFO's upcoming departure.
AppLovin Faces Ongoing SEC Probe While Eyeing Social Platform Expansion
AppLovin shares gained 1.6% on Friday despite confirmation of an ongoing SEC investigation. Investors are weighing regulatory risks against the company's potential expansion into social networking.
Ford Shares Rise as Trade Policy Shifts, USMCA Probe Begins
Ford Motor Co. shares closed Friday at $14.01, up 1.7%, as markets digested a Supreme Court decision overturning emergency tariffs and the launch of a USMCA rules probe.
Etsy Surges on Depop Divestiture and Analyst Upgrade
Etsy stock climbed 8.5% to $52.18 after announcing the sale of its Depop unit to eBay for $1.2 billion and receiving an upgraded rating from Barclays. The company's Q4 revenue slightly missed estimates, and it projected a decline in first-quarter gross merchandise sales.
Anglo American Posts $3.7B Loss Amid De Beers Impairment, Eyes Teck Merger
Anglo American closed 2.2% higher on the JSE despite reporting a substantial annual loss, largely due to a significant impairment at its De Beers diamond unit. The company reduced its dividend and noted that only two regulatory approvals remain for its planned merger with Teck Resources.
Indonesia's Free-Float Overhaul Puts Barito Renewables in Spotlight
Barito Renewables Energy closed lower as markets assess Indonesia's proposed 15% minimum free-float rule, which could force BREN to release over $1.8 billion in shares. The broader Jakarta Composite Index edged down slightly.
Superior Plus Plunges 18% on Strategy Delay, Downgrade
Superior Plus shares tumbled 18.4% to C$6.48 Friday as the company pushed back key transformation goals and trimmed financial targets, prompting a CIBC downgrade.