Articles by James Calloway
Jury Deliberates Musk Twitter Fraud Case Over 'On Hold' Tweet
A federal jury is deliberating whether Elon Musk committed fraud with his 2022 statements about the Twitter acquisition and fake accounts. The class action covers investors who sold stock between May and October 2022.
GEICO Advances $2.7M Fraud Suit Amid March Madness Marketing Push
A New York federal judge allowed most of GEICO's $2.7 million civil racketeering and fraud claims to proceed against medical providers. The legal move coincides with the insurer's launch of a March Madness docuseries on Paramount+.
American Airlines Faces Fuel Cost Headwinds Despite Strong Q1 Revenue Outlook
American Airlines stock declined premarket as escalating fuel expenses pressured the travel sector, overshadowing an upgraded Q1 revenue projection of over 10% growth. CEO Robert Isom highlighted strong demand but warned of capacity adjustments if fuel prices persist.
Oklo Shares Gain Despite Widening Loss, Fueled by Regulatory Milestones
Oklo's 2025 net loss expanded to $105.7 million, yet its stock climbed 1.4% following critical U.S. regulatory approvals for its nuclear reactor and isotope initiatives. The company holds $1.41 billion in liquidity.
Lululemon Shares Slide on Subdued 2026 Forecast Despite Q4 Beat
Lululemon's stock declined following a 2026 outlook that fell short of Wall Street expectations, despite the company reporting better-than-anticipated fourth-quarter results. The apparel retailer also announced the appointment of former Levi's CEO Chip Bergh to its board.
DocuSign Surpasses Q4 Forecasts, Unveils $2B Buyback and Confident 2027 Outlook
DocuSign reported better-than-expected fourth-quarter results, announced a major $2 billion increase to its stock buyback program, and provided an optimistic revenue outlook for fiscal 2027. Shares gained in after-hours trading.
Delta, American Lift Revenue Forecasts as Travel Demand Offsets Soaring Fuel Costs
Delta and American Airlines have increased their first-quarter revenue projections, citing robust spring bookings that are helping counter a surge in jet fuel expenses linked to geopolitical tensions.
UiPath Recovers After Earnings Dip, Yet Long-Term Growth Concerns Linger
UiPath shares regained some ground Tuesday, partially recovering from last week's decline triggered by a conservative 2027 forecast. Despite strong quarterly results, concerns over future growth and AI revenue persist.
Ford Announces Share Buyback Amid Recall Headwinds and EV Losses
Ford Motor Company shares gained after the automaker filed plans to repurchase up to 31.7 million shares. The move comes as the company contends with a significant quarterly loss, a series of vehicle recalls, and an upcoming safety hearing.
Plug Power CEO Outlines Turnaround Path Amid Liquidity Push
Plug Power shares remained stable as new CEO Jose Luis Crespo outlined his strategic priorities for margin gains and capital efficiency during his inaugural investor conference appearance. The company aims for positive EBITDAS by late 2026.