Articles by James Calloway
CME Stock Rises 1.7% on Record July Volume, 69.5% Margin
CME Group shares rose 1.7% to $285.80 after record July trading volume boosted Q2 margin to 69.5%. International volume jumped 32%.
Lululemon Stock Climbs 5% Despite Margin Pressures; Q2 Report on Deck
Lululemon shares gained 5% Friday, adding $660 million in market value, but a 410-basis-point margin drop and cautious analyst outlook loom ahead of Q2 earnings.
SoFi Stock Slips 5.8% as Strong Q2 Growth Meets Valuation Concerns
SoFi shares dropped 5.8% to $18.06 despite a 43% revenue jump, as valuation concerns weigh on investor sentiment.
Plug Power's Cash Reserves Dip as Quarterly Burn Hits $61M
Plug Power shares slipped 3.5% after Q2 cash outflow trimmed reserves to $162M. Break-even gross margin and cost cuts offset liquidity concerns.
Ondas Stock Slides 9.7% Despite Revenue Surge; EBITDA Loss Widens
Ondas shares dropped 9.7% despite a 13x revenue jump to $83.8M, as adjusted EBITDA loss widened to $50.6M and gross margin fell to 43.1%.
PG&E Plunges 7.5% as California Wildfire Bill Fails, $3B Erased
PG&E shares tumbled 7.5% after California lawmakers rejected a bill to limit insurer claims, erasing $3 billion in market cap.
Nvidia Tumbles 4.6% on Margin Guidance, Erasing $251B in Value
Nvidia shares dropped 4.6% on Friday, wiping out $251 billion in market cap after Q3 margin guidance came in below expectations, overshadowing strong Q2 revenue growth.
Nu Holdings Falls 3.9% Despite Record Profit as Delinquencies Rise
Nu Holdings shares fell 3.9% despite record Q2 profit and revenue growth, as bad loans rose to 6.9% and market sentiment weakened.
DraftKings Surges 4% as Court Ruling Bolsters State Licensing Model
DraftKings (DKNG) climbed 4.3% after a federal appeals court backed state licensing, reinforcing its regulatory edge. The stock closed at $25.26 with volume up 64%.
Court Strikes Down Pentagon Blacklist of AI Firm Anthropic
A federal judge permanently blocked the Pentagon's blacklist of Anthropic, ruling it unlawful retaliation. The decision removes a major threat to the AI firm's market access.
UiPath Eases 1% After Rally, Valuation at 4.9x ARR Ahead of Q2 Report
UiPath shares eased 0.98% to $18.15 after a 9.37% rally, with valuation at 4.9x ARR. Q2 earnings due Sept 3.
American Airlines Slips as Fuel Costs Outpace Record Revenue
American Airlines shares slipped 0.6% despite record revenue, as fuel costs surged 83%. Heavy trading volume signals investor uncertainty about earnings outlook.