Articles by James Calloway
Huntington Cuts 2027 EPS Outlook as Deposit Costs Bite
Huntington Bancshares reduced its 2027 adjusted EPS forecast to $1.75-$1.83, citing deposit pricing and loan growth constraints. Shares dropped 5.55%.
Robinhood Ex-Engineers Face Fraud Charges Over Hyperliquid Trades
Federal prosecutors charged two ex-Robinhood engineers with fraud for allegedly trading ahead of crypto listings using confidential data. HOOD shares fell 5.5% amid broader market selloff.
OpenAI Reveals Six AI Misalignment Cases, Debuts API Safety Monitor
OpenAI disclosed six AI model misalignment cases and launched a new API monitoring system that can block conversations exhibiting similar risky behavior.
Bipartisan Plan to Lift Social Security Wage Cap Could Add $19,561 Tax for $500K Earners
A bipartisan proposal to eliminate Social Security's wage cap would add $19,561 in annual taxes for $500,000 earners, with employers paying the same. The plan aims to extend trust fund solvency but faces hurdles.
Malta Telecom Merger Plan Could Consolidate 64% of Mobile Market
Melita has agreed to acquire Epic Communications from Monaco Telecom, a deal that would consolidate about 64% of Malta's mobile subscriptions if approved.
Nike's Caitlin Clark Shoe Launch Aligns with Q1 Earnings Report
Nike's Caitlin 1 shoe launches globally on October 1, the same day as its fiscal Q1 earnings report, offering investors a dual lens on product demand and corporate turnaround.
Tariff Documents Reveal Cost Pressures on Airbus and Novelis Alabama Projects
Emails reveal tariff costs threatening Airbus and Novelis Alabama projects. Novelis reports $143M EBITDA impact; Airbus expands Mobile despite challenges.
MSE's Trust Drives MONY's Fastest-Growing Unit
MONY Group's MSE platform is key to its fastest-growing unit, Home Services, which saw revenue jump 30% in H1. The trust and audience of MSE help lower acquisition costs.
Myer Shares Near 52-Week Low Ahead of FY26 Results; Margin Concerns Loom
Myer shares slide near 52-week low ahead of Sept. 23 results. Investors await final gross margin and cost savings data.
Dollarama Lifts Canadian Forecast; Australia Weighs on Margins
Dollarama raised its Canadian sales forecast after strong Q2 traffic, but a full quarter of Australia diluted group margins. Shares rose 3.3%.
Bell Media's Q2 Revenue Surge Masks Margin Pressure at BCE
BCE's media arm posted strong Q2 revenue growth, but margin contraction and rising costs temper the outlook. CTV's standalone profitability remains undisclosed.
CenterPoint Data Breach Exposes Customer Data; Full Impact Pending
CenterPoint Energy disclosed a data breach involving customer personal information. The full scope and financial impact are still under investigation.