Articles by James Calloway
AT&T Bounces from 52-Week Low as Cash Flow Takes Center Stage
AT&T shares climbed 1.9% to $22.52, recovering from a 52-week low, as investors eye Q2 earnings on July 22 and cash flow risks.
Micron shares tumble 11% as AI demand test looms with earnings and Anthropic deal
Micron shares dropped 11% as investors brace for earnings that will test AI data-center demand, with options pricing a 10% swing and focus on margins above 80%.
Primoris Shares Tumble 35% on Renewables Losses and COO Departure
Primoris shares plummeted 35% premarket after slashing 2026 guidance due to renewed cost overruns in its renewables business and the COO's departure.
Soy Allergen Omission Triggers Power Plate Meals Frozen Meatloaf Recall
Power Plate Meals LLC recalls 5,795 pounds of frozen meatloaf with garlic mashed potatoes for undeclared soy. Products shipped to MN, ND, SD; no adverse reactions reported.
Duke Energy Narrows Residential Rate Increase to 11.6% Amid Regulatory Pressure
Duke Energy Carolinas cut its proposed residential rate increase to 11.6% from 18% after opposition from regulators and the attorney general. The new rate requires approval from the North Carolina Utilities Commission and could take effect Jan. 1, 2027.
Micron Hits Record High on AI Memory Deal Ahead of Earnings Report
Micron Technology shares hit a record high of $1,211.38 after announcing a supply and investment deal with Anthropic, as AI memory demand drives the rally ahead of earnings.
Chipotle Shares Slide 6% as Margin Concerns Outweigh Traffic Gains
Chipotle shares dropped 6% after the holiday, as investors focused on margin pressure from rising costs and smaller checks, overshadowing a modest traffic increase.
Netflix Options Signal 10% Swing Ahead of Q2 Earnings Report
Netflix (NASDAQ:NFLX) trades higher premarket as options market implies a 10.1% swing for Q2 earnings, wider than recent quarters, with investors eyeing ad revenue and margins.
AT&T Stock Near 52-Week Low Amid California Copper Dispute and Earnings Loom
AT&T stock is near its 52-week low, pressured by a California copper dispute and with Q2 earnings due July 22. The company's free cash flow outlook is 2.1-2.3 times the quarterly dividend.
Micron Shares Climb Ahead of Q3 Report; Market Expects EPS Above Guidance
Micron Technology (MU) gained 3.04% in Monday premarket trading to $1,168.46 as traders positioned for fiscal Q3 earnings on June 24, with Wall Street consensus EPS of $20.57 above the company's guidance.
Walmart Great Value Hawaiian Roll Recall Traced to Packaging Issue
Walmart-linked Great Value Hawaiian Roll four-packs are recalled due to an oily substance on packaging. All 10,447 cases were contained at distribution, never sold in stores.