Articles by James Calloway
Kyndryl Shares Plummet Over 50% Amid SEC Probe, Filing Delay, and Executive Departures
Kyndryl Holdings stock crashed more than 50% after delaying its quarterly report, disclosing an SEC inquiry into its financial controls, and announcing the exit of its CFO and General Counsel.
MercadoLibre Shares Rebound Above $2,000 Ahead of Q4 Earnings
MercadoLibre stock gained 1.8% to close at $2,004.94, reclaiming the $2,000 level as investors position for the company's upcoming quarterly results scheduled for February 24.
PepsiCo Shares Retreat as Snack Price Cuts Spark Margin Concerns
PepsiCo stock declined 2.4% to $166.41 on Monday, reversing last week's rally. Investors are weighing the impact of recent snack price reductions on volume and profitability.
Marvell Technology Gains Ahead of March Earnings, Spotlight on AI Infrastructure Demand
Marvell Technology shares advanced as the chipmaker set a March 5 date for its fiscal Q4 report, with investors focused on data-center and AI networking spending trends.
Monolithic Power Stock Retreats After Earnings Beat, Dividend Boost
Monolithic Power Systems shares declined nearly 2% Monday, giving back some gains following last week's strong quarterly results and increased dividend. The company also announced CFO Bernie Blegen will retire after the 2025 annual report.
Cisco Nears 52-Week Peak Ahead of Earnings, JPMorgan Lifts Target
Cisco Systems shares advanced 2.2% to $86.66, approaching a 52-week high. JPMorgan raised its price target to $95 ahead of the company's quarterly report on Wednesday.
Spotify Shares Dip Ahead of Q4 Report as KeyBanc Trims Target
Spotify shares declined 0.7% to $419.53 after KeyBanc reduced its price target to $720, citing currency pressures. Investors are cautious before Tuesday's quarterly earnings release.
Booking Holdings Shares Drop 4% Ahead of Key Economic Data and Earnings
Booking Holdings stock declined roughly 4% on Monday, underperforming the broader market and travel sector peers. Investors are focused on upcoming U.S. economic reports and the company's quarterly results scheduled for February 18.
Reddit Shares Recover as Analysts Recalibrate Following Mixed Q4 Results
Reddit stock gained 2% in morning trading, rebounding from last week's post-earnings decline. Analysts issued divergent price target revisions as investors assessed user growth and advertising momentum.
Applied Materials Gains Ahead of Q1 Earnings Amid Semiconductor Sector Strength
Applied Materials shares advanced 1.2% to $326.33 Monday as investors positioned for Thursday's quarterly results. The broader semiconductor sector also traded higher.