Articles by James Calloway
New Federal Student Loan Caps and SAVE Delay Set to Reshape Lending Landscape
New federal student loan caps take effect July 1, limiting graduate and parent borrowing, while SAVE plan exits are delayed. Investors watch for shifts to private lending.
Chipotle Stock Rebounds but Buyback Gap Persists Ahead of Q2 Report
Chipotle shares recovered for four sessions after a Monday drop, but still trade below the Q1 buyback price. Heavy volume suggests active repositioning ahead of Q2 results on July 29.
BlackBerry Soars 32% in Two Days as Secure Communications Outshines QNX
BlackBerry shares jumped 32.3% in two days, adding $1.6 billion in market value, as Secure Communications outperformed QNX in Q1 revenue and adjusted EBITDA, though management signals gradual QNX growth.
Netflix Rebounds on Heavy Volume Ahead of Q2 Earnings Report
Netflix surged 4.1% on heavy volume after a 52-week low, as investors focus on Q2 earnings due July 16. Analysts project EPS of $0.79, up 9.7% year-over-year.
Altria Jumps 6.8% as FDA Proposes New Rules for Foreign Tobacco Firms
Altria Group (MO) shares climbed 6.8% last week, adding $7.8 billion in market value, as the FDA proposed new rules for foreign tobacco manufacturers, potentially altering the competitive landscape.
IHG's Near-Record Buyback Shifts Focus to Revenue Growth
IHG's $34M buyback at near-record prices shrinks share count, putting emphasis on room and fee growth. Half-year results due August 11.
Intuitive Surgical Stock Holds Above $400 as Analysts Split Ahead of Q2 Earnings
Intuitive Surgical (ISRG) closed at $404.70, barely above its 52-week low, as analysts hold mixed views ahead of Q2 earnings on July 16. High volume from FTSE Russell rebalancing adds pressure on the $400 support level.
Supreme Court Ruling on Tax Preparer Fraud Puts 75 Million Returns at Risk
The Supreme Court let stand a ruling that the IRS can assess taxes indefinitely on returns affected by preparer fraud, even if the taxpayer was unaware, affecting 75 million paid-preparer e-filed returns.
Court Ruling Preserves Federal Grad PLUS Loans for Health Students, Impacting Private Lenders
A judge blocks the Education Department's narrow professional degree rule, allowing more health-care grad students to keep higher federal loan caps and reducing private lender growth opportunities.
Snowflake Jumps 9.7% on Strong AI Demand, AWS Deal
Snowflake (SNOW) shares surged 9.7% to $248.96 on Friday, adding $7.6B in market value, after the company reported strong quarterly earnings and raised its full-year outlook.