Articles by James Calloway
monday.com Shares Stabilize After Sharp Guidance Cut, 2027 Targets Suspended
monday.com stock steadied near $78 in premarket trading after a 21% plunge triggered by reduced 2026 revenue guidance and the suspension of its 2027 targets.
Kering Shares Surge on Better-Than-Feared Gucci Performance, Dividend Plan
Kering's stock rallied over 11% in Paris after reporting 2025 results, with Gucci's Q4 sales decline of 3% beating analyst expectations. The luxury group announced a €4 per share dividend and will present its strategic roadmap on April 16.
Kyndryl Shares Stabilize After Steep Plunge on Regulatory Scrutiny, Leadership Changes
Kyndryl's stock found modest footing in premarket trading following a 55% collapse, triggered by a delayed SEC filing and an internal controls review. The IT services firm also announced the departure of its CFO and global controller.
TSMC Shares Surge on Record January Revenue, AI Demand in Focus
Taiwan Semiconductor Manufacturing Co. shares climbed 3.6% after reporting record January sales of NT$401.26 billion, a 36.8% annual increase. Investors are monitoring whether AI hardware demand will sustain the momentum.
Compass Group Shares Hover Near Multi-Year Low Amid AI and Office Demand Concerns
Compass Group shares remain under pressure near 2026 lows as investors weigh AI's threat to office catering contracts, despite the firm reaffirming full-year profit guidance and posting 7.3% organic revenue growth.
Unilever Shares Edge Higher Amid Deutsche Bank Downgrade Ahead of Earnings
Unilever shares gained 0.2% in early London trading following a Deutsche Bank downgrade to 'hold' on valuation concerns. Investors await the company's full-year results due February 12.
National Grid Shares Hold Steady Amid Regulatory Watch and Infrastructure Milestone
National Grid shares showed minimal movement as the company completed a key grid upgrade project. Investor focus remains on Ofgem's upcoming RIIO-3 license decision and UK interest rate volatility.
British American Tobacco Shares Dip Ahead of Earnings Amid Buyback and Stake Reduction
British American Tobacco shares declined 0.4% as the company disclosed a share repurchase and a reduction in Capital Group's stake. Investors await preliminary 2025 results due Thursday.
Rolls-Royce Shares Dip Ahead of Key Earnings, Buyback Continues
Rolls-Royce shares declined 1.3% in early London trading, retreating from recent highs as investors await full-year results later this month. The company also announced a new modular gas power plant offering.
BP Pauses Share Repurchases Amid $4 Billion Renewables Impairment
BP shares declined over 3% after the energy giant halted its buyback program and recorded significant write-downs in its low-carbon divisions. The company plans to redirect surplus cash toward strengthening its balance sheet and oil and gas investments.
RELX Gains Ahead of Key Earnings, AI Outlook in Focus
RELX shares advanced 1.2% in London trading, recovering from recent AI-related pressure. Investors await full-year results on February 12 for clarity on generative AI's impact.