Articles by James Calloway
Micron Earnings in Focus as AI Demand Questioned
Micron shares climb 3.8% premarket after a 13% drop, as Wall Street awaits earnings to gauge AI-driven demand. Nasdaq futures rise 0.41% amid tech recovery hopes.
FedEx Stock Dips as 2026 Profit Forecast Relies on Pricing Power
FedEx stock dropped over 7% premarket after earnings beat, with 2026 profit outlook hinging on price increases and freight spin-off complicating comparisons.
AT&T Shares Surge on Cash Return Prospects Ahead of Q2 Report
AT&T shares climbed 3.21% to $22.81 on heavy volume, with its 2026 free-cash-flow target implying an 11% yield. Investors await Q2 results on July 22, where free cash flow guidance of $4.0-$4.5 billion will test the stock's cash-yield appeal.
Cerebras Shares Hover Near IPO Level After Margin Guidance Disappoints
Cerebras shares fell 14.8% premarket after guiding full-year core gross margin to 38-41%, far below Q1's 47%, as cloud revenue growth pressured profitability, leaving stock just 4.5% above IPO price.
American Airlines Shares Hinge on Fuel-Led Guidance Boost as Rivals Outperform
American Airlines stock trades near its average analyst target, with investors seeking stronger earnings guidance as lower jet fuel costs fail to lift shares as much as rivals.
KB Home Stock Gains on Back-End Loaded Delivery Plan
KB Home shares climbed 4% in after-hours trading as the builder outlined a back-loaded 2026 delivery plan, with margins expected to improve modestly in the second half.
Delta CEO: Lower Jet Fuel Alone Won't Cut Fares Without Capacity Growth
Delta CEO Ed Bastian says lower jet fuel prices alone won't lower fares without increased flight capacity. U.S. carriers paid $6.47 billion for fuel in April, up 78% from last year, while Q3 capacity growth is just 0.4%.
Iovance Biotherapeutics Stock Surges on $89.7 Million ATM Offering
Iovance shares rose 9.4% after launching an $89.65 million ATM stock sale, as investors balance dilution risks against the potential for accelerated Amtagvi revenue growth.
Cerebras Q1 Revenue Surges 94% but Margin Guidance Disappoints
Cerebras Systems posted strong Q1 revenue growth of 94% to $193.4M, but Q2 margin guidance of 36-38% pressured profitability outlook. Shares edged up 1.1%.
Circle K Owner Couche-Tard Soars on Record Fuel Profits
Alimentation Couche-Tard shares jumped 11.5% after fourth-quarter profit crushed forecasts, fueled by record U.S. gasoline margins that outpaced rivals.
Carnival Drops 5.5% on Weak Guidance Despite Record Revenue
Carnival shares fell 5.5% to $28.54 after a weaker-than-expected Q3 profit forecast of $1.35 per share, overshadowing record quarterly results. Investors reacted to higher fuel costs and geopolitical pressures impacting Mediterranean bookings.
Global Interactive Tech Stock Surges Despite Cash Crunch
Global Interactive Technologies shares soared 35% despite reporting $96 in quarterly revenue, $360 cash, and a going concern warning from auditors.