Articles by James Calloway
Spotify Shares Dip Ahead of Q4 Report as KeyBanc Trims Target
Spotify shares declined 0.7% to $419.53 after KeyBanc reduced its price target to $720, citing currency pressures. Investors are cautious before Tuesday's quarterly earnings release.
Booking Holdings Shares Drop 4% Ahead of Key Economic Data and Earnings
Booking Holdings stock declined roughly 4% on Monday, underperforming the broader market and travel sector peers. Investors are focused on upcoming U.S. economic reports and the company's quarterly results scheduled for February 18.
Reddit Shares Recover as Analysts Recalibrate Following Mixed Q4 Results
Reddit stock gained 2% in morning trading, rebounding from last week's post-earnings decline. Analysts issued divergent price target revisions as investors assessed user growth and advertising momentum.
Applied Materials Gains Ahead of Q1 Earnings Amid Semiconductor Sector Strength
Applied Materials shares advanced 1.2% to $326.33 Monday as investors positioned for Thursday's quarterly results. The broader semiconductor sector also traded higher.
Nexstar Shares Surge on Political Support for Tegna Acquisition Amid FCC Rule Review
Nexstar Media Group stock jumped 14.3% after former President Trump and FCC Chairman Carr endorsed its Tegna takeover. A Senate hearing on broadcast ownership rules is set for February 10.
Walmart Shares Dip Slightly as Analysts Boost Targets Ahead of Q4 Report
Walmart stock edged lower Monday despite several Wall Street firms raising price targets ahead of its February 19 earnings release. The retailer recently achieved a $1 trillion market valuation.
Netflix Shares Drop as DOJ Scrutinizes Warner Bros Acquisition
Netflix stock declined over 2% after the Department of Justice issued a civil subpoena related to its proposed Warner Bros deal, raising regulatory uncertainty.
Robinhood Shares Gain on Wolfe Upgrade Ahead of Quarterly Results
Robinhood Markets stock rose approximately 4% in early trading Monday after Wolfe Research upgraded the brokerage to Outperform with a $125 price target. Investors await the company's quarterly earnings report after Tuesday's market close.
Ford Shares Dip Ahead of Q4 Earnings Amid Cost, Supply Chain Scrutiny
Ford stock declined 1.1% to $13.65 Monday as investors await quarterly results, focusing on cost controls, supply chain disruptions from a plant fire, and a federal safety probe.
EU Threatens Interim Action Against Meta Over WhatsApp AI Restrictions
Meta shares gained 0.6% despite EU antitrust warnings targeting its limits on rival AI assistants within WhatsApp. The European Commission may impose rare interim measures to preserve competition.