Articles by James Calloway
Vitruvias Thyroid Tablet Recall Triggers Potency Checks for 1.5M Patients
Vitruvias Therapeutics recalls one lot of Thyroid Tablets 30 mg due to superpotency. 1,955 units sold; FDA scrutiny on unapproved animal-derived thyroid meds rises.
Cuban Proposes Tax Penalty for Firms Denying Employee Equity
Mark Cuban proposes taxing companies that don't offer equity to all employees. A 2% tax increase would match a 1% payroll stock grant, per analysis.
Dick's Sporting Goods Stock Plunges 16% on Weak Foot Locker Outlook
DKS shares tumbled 16% premarket after Q2 earnings and revenue missed estimates, prompting a cut to full-year guidance due to weakness at Foot Locker.
Nvidia (NVDA) Earnings Preview: Options Signal Muted Move as Revenue Test Looms
Nvidia (NVDA) rises 1.3% premarket before Q2 earnings; options imply a 5.4% move, a subdued signal. Revenue forecast at $92.18B, with margin and Rubin timeline key.
DHS H-1B Fee Hike to $103,265 Could Reshape Tech Hiring Costs
The DHS proposes a $103,265 fee for new H-1B visas, up to 52x the old cost, potentially reshaping tech hiring strategies and impacting major employers.
A$372B Super at Risk in Australia's CGT Overhaul
Industry modelling shows proposed trust rules could increase effective tax rates on A$372 billion in Australian super assets, a 50% relative jump for affected gains.
49ers Governance Risk Looms Over $8.5B Valuation After York Plea
Jed York's no-contest plea to misdemeanors triggers NFL review, casting governance uncertainty over the $8.5B 49ers valuation and its global sports portfolio.
Target Stock Hits Record High Despite Halloween Costume Recall
Target shares rose 2.7% to an all-time high of $169.89 after the retailer removed an offensive Halloween costume, while its Q2 earnings and holiday lineup boost investor confidence.
KPMG Australia Cuts 5% of Staff After Consulting Revenue Plunges 17%
KPMG Australia is cutting 5% of its workforce after consulting revenue tumbled 16.9%, with 27 partners and about 360 staff affected. Total revenue slipped 1%.
Nvidia's $52B Single-Point Swing Outpaces Last Year's Q2 Revenue
Nvidia's market cap of $5.20T means a 1% stock move is worth $52B, more than last year's Q2 revenue. Earnings due Aug 26 with high expectations.