Articles by James Calloway
Grab Shares Edge Up as Lending Growth Tests Liquidity
Grab shares recovered 1.5% to $3.62 on Monday, recouping a fraction of last week's 9.2% decline, as the company's growing loan book puts its $5 billion cash liquidity to the test.
Snap Shares Edge Up Despite French Social Media Ban Threat
Snap shares gained 0.7% Monday, but a French plan to ban social media for minors under 15 could disrupt European expansion, the region responsible for 60% of Q1 revenue growth.
Steel Dynamics Q2 earnings beat estimates as steel profit per ton jumps 26%
Steel Dynamics (STLD) reported Q2 earnings that topped estimates, with steel operating profit per ton surging 26% from the prior quarter. Shares fell over 2% in after-hours trading.
Crown Holdings Shares Rebound After Earnings Beat, Buybacks Fuel EPS Growth
Crown Holdings shares recovered in after-hours trading after beating Q2 earnings estimates, with adjusted EPS of $2.49 surpassing the FactSet consensus by 15%. Buybacks drove 40% of EPS growth.
WBD Shares Tumble 3.4% as Court Blocks Paramount Merger Until August 3
WBD shares dropped 3.4% to $25.95 after a judge blocked the Paramount merger until August 3, widening the deal spread to 19.5%.
Lucid Shares Hold 61% Rally as Investors Eye August Guidance
Lucid shares hold 61% recovery from July lows. Investors await August 4 earnings for updated guidance on deliveries and cash burn.
AT&T Stock Edges Up Ahead of Key Cash Flow Test
AT&T shares climbed 0.5% to $21.93 as investors await Q2 results and a critical cash flow assessment. The company targets at least $18 billion in free cash flow for 2026.
Opendoor Stock Near $4.50 as Focus Shifts to Margin Trial and Breakeven Goal
Opendoor stock trades around $4.50 as the company aims for breakeven adjusted EBITDA in Q2. A 14% sequential drop in the cost bridge adds pressure ahead of August 4 results.
ServiceNow Stock Slips as Backlog Growth Takes Center Stage Ahead of Earnings
ServiceNow shares declined 2.7% as investors scrutinized the company's cRPO growth guidance of 19%, which trails its subscription revenue target of 22.5%, ahead of Q2 earnings.
Dollar Tree to Close 75 Stores While Opening 400 in Expansion Push
Dollar Tree (NASDAQ:DLTR) will close 75 stores in fiscal 2026 but open 400 new ones, resulting in 325 net new locations. Multi-price conversions now cover about 63% of its network.