Articles by James Calloway
Walmart Gains as KeyBanc Boosts Target Ahead of Q4 Report
Walmart shares advanced Friday following a price target increase from KeyBanc Capital Markets. The retailer is set to report fourth-quarter results on February 19.
Belden Shares Retreat Following Strong Earnings-Driven Rally
Belden shares declined about 1.7% in morning trading, giving back some of the previous session's 6.1% gain driven by record quarterly results. The company reported Q4 revenue of $720 million and adjusted EPS of $2.08.
PFG Shares Stabilize After Rally as Debt Refinancing Nears
Performance Food Group stock consolidated gains near $98 after a sharp rally, with investors focused on an upcoming debt refinancing and sector earnings.
Trinity Industries Surges on Upbeat 2026 Forecast, Leasing Strength
Trinity Industries shares rallied 9% premarket following a strong 2026 earnings outlook. The railcar manufacturer cited improving lease rates and gains from used equipment sales as key drivers.
Equinix Gains on AI-Driven Outlook, Dividend Hike
Equinix stock stabilized near $960 in premarket trading Friday following a 10% jump, driven by an upgraded AI-powered revenue forecast and a dividend raise.
Akamai Shares Stabilize After Sharp Rally Fueled by Sector Optimism
Akamai shares consolidated in premarket trading after a 10.35% jump, as the market digests Fastly's upbeat results and looks ahead to Akamai's own quarterly report.
IPG Photonics Holds Gains After 35% Rally, Announces $100M Buyback
IPG Photonics stock held steady near $150 in premarket trading Friday after a 35% surge. The laser manufacturer reported 17% revenue growth and authorized a $100 million share buyback.
Vale Posts $3.8B Loss on Nickel Write-Down Despite Strong EBITDA
Vale S.A. reported a $3.8 billion net loss for the fourth quarter, primarily due to a significant impairment on its Canadian nickel assets, despite generating robust operating cash flow.
L'Oréal Shares Drop on Weak Asia Sales, Dividend Proposed
L'Oréal shares declined more than 4% after fourth-quarter sales growth of 6% fell short of expectations, with North Asia revenue rising just 0.6% amid travel retail challenges.
Corsair Gaming Surges on Earnings Beat and $50M Share Repurchase Plan
Corsair Gaming shares soared 26% in premarket trading following a Q4 earnings beat and the announcement of a $50 million stock repurchase authorization. The company also issued its 2026 revenue forecast.
DoorDash Shares Stabilize Premarket After Sharp Drop, BofA Lowers Target
DoorDash shares edged higher in premarket activity, attempting to recover from a steep 8.2% drop in the prior session. Bank of America reiterated its Buy recommendation but lowered its price target to $260 from $305.
DraftKings Shares Plunge on Weak Long-Term Outlook, Prediction Market Costs Weigh
DraftKings shares fell sharply after the company's 2026 financial outlook disappointed Wall Street, driven by higher investment in its prediction markets venture.