Articles by James Calloway
Walmart's $83B Selloff Masks Tariff-Driven Profit Surge
Walmart's stock plunged 9.15%, wiping $83.2B in market value, as investors focused on weak U.S. comp sales and profit quality, with 43% of operating income growth from tariff refunds.
BILL Holdings Buyback at $35.71 as FY27 Growth Slows
BILL Holdings repurchased 8.4 million shares at $35.71 average, but FY27 core revenue growth is expected to slow to 12.6% midpoint.
Early Gasoline Rule Shift Threatens Refiners' Premiums
EPA's early switch to winter-grade gasoline could erase $22B in refiner valuation premiums for VLO, MPC, PSX. Pump prices may drop, but margins face pressure.
PURR Surges 30% on U.S. Regulatory Hopes, Adding $439M to Market Cap
PURR shares soared 30% Wednesday after President Trump hinted at a U.S. regulatory pathway. The move added $439M to market cap, with a $128M policy premium.
Corus Layoffs Leave Revenue Gap Unaddressed
Corus Entertainment eliminated more positions at Global News and radio but disclosed no cost savings, while Q3 revenue fell C$48.4 million year-over-year.
Wolfspeed Stock Tumbles 9% as Q4 Losses Widen Despite AI Surge
Wolfspeed shares dropped 9.4% as Q4 revenue fell 24% and adjusted gross loss hit 20%. AI data-center revenue doubled, but cash burn and low utilization raise concerns.
JD Sports Market Cap Drops £644M on Profit Warning
JD Sports lost £644M in market value after trimming profit guidance by £50M, with North American sales down 6.8% in Q2.
DraftKings NFL Bonus Promo Highlights Costly User Acquisition Push
DraftKings' new $150 NFL bonus highlights escalating user acquisition costs as Q2 marketing spend jumps 38%, while revenue per payer slips 13%.
BHP's Copper Pivot Drives Record Profits, But Analysts See Limited Upside
BHP's copper-led earnings surge lifted shares, but the stock now trades above most analyst targets, raising questions about further upside.
StubHub Stock Sinks Below BofA Bear Case as World Cup Costs Bite
StubHub shares dropped 1.5% to $6.83, slipping under BofA's $7.50 bear target. Q2 revenue surged 33% but costs rose faster, and analysts debate the impact.
Starbucks Trims 224 Corporate Roles in $2B Efficiency Drive
Starbucks eliminates 224 corporate positions in a broader $2B cost-saving initiative, focusing on operational efficiency without compromising store-level growth.
