Articles by James Calloway
BJ's Wholesale Club Shares Slide 8% Despite Earnings Beat on Weak Core Sales
BJ's Wholesale Club shares dropped over 8% Friday as investors focused on weak in-club sales growth of just 1.5%, missing forecasts, despite an earnings beat.
HP Stock Surges 15% Ahead of Earnings; Analysts Sound Caution
HP shares surged 15.5% ahead of its fiscal Q2 earnings report. Analysts warn of potential pullback amid memory cost pressures and CEO transition.
Dutch Regulator Halts Mid-Contract Gas Price Hikes Linked to Carbon Rules
Dutch regulator ACM has blocked energy suppliers from raising gas prices mid-contract for future EU carbon and green-gas costs, affecting Budget Thuis, Delta, and Vattenfall.
UP Fintech Plunges After China Crackdown on Cross-Border Brokerage
UP Fintech shares fell 34% in premarket trading after China's securities regulator said its Tiger Brokers unit and two peers operated unlicensed cross-border securities businesses for mainland investors.
BMO Earns Analyst Buy Rating Ahead of Q2 Results, But Mixed Consensus and Asset Sale Risks Loom
Canaccord Genuity maintains Buy on BMO ahead of May 27 earnings. Shares are up 23.5% YTD near a 52-week high, but analyst consensus is split. A C$14.5B asset sale to Stonepeak aims to boost CET1 ratio but incurs a C$900M charge.
Walmart Shares Slide on Fuel Cost Worries Despite Revenue Beat
Walmart shares tumbled 7.3% Thursday as higher fuel costs overshadowed a first-quarter revenue beat, raising concerns about margin pressure.
T1 Energy FEOC Dispute Sparks $2.4B Tax Credit Uncertainty
T1 Energy faces a short-seller dispute over FEOC compliance, risking $2.4B in solar tax credits. Roth Capital backs the firm.
China Shuts Down Unauthorized Cross-Border Stock Trading Platforms
China's securities regulator has ordered Tiger Brokers, Futu Securities, and Longbridge Securities to wind down unauthorized cross-border trading for mainland clients, citing illegal operations. Shares of Futu and UP Fintech plunged over 30% in U.S. premarket trading.
Guzman y Gomez Exits US Market, Shares Surge on Return to Australian Focus
Guzman y Gomez exits the US market immediately, closing all Chicago locations. Shares rose up to 20% on Friday as investors cheered the strategic pivot back to Australia, with FY26 Australia EBITDA guidance raised to A$85 million.
Allstate Hit with $870M April Storm Loss Amid Growth Concerns
Allstate reported $870 million in April catastrophe losses, mostly from two wind and hail events, sending shares down 3.4% and overshadowing strong Q1 earnings.
Workday Shares Surge 10% on Strong Q1 Results and AI Outlook
Workday shares rose nearly 10% in premarket trading after the company beat Q1 profit and revenue estimates and raised its full-year adjusted operating-margin forecast.
NIO Shares Slip Despite Strong Q1 Revenue, Delivery Outlook
NIO shares declined 5.5% in premarket trading Friday even as the company reported a 112% jump in first-quarter revenue and a positive delivery outlook.