Articles by James Calloway
HP Stock Rises on AI PC Growth; Margins Under Pressure from Memory Costs
HP shares gained after beating Q2 estimates, with AI PCs now 44% of shipments. However, rising memory costs and a trimmed 2026 EPS forecast tempered the outlook.
Okta Stock Surges 20% on Strong Earnings, AI Identity Hype
Okta shares jumped nearly 20% after beating Q1 expectations, with analysts raising price targets on strong cRPO growth and early AI agent adoption.
Photronics Rebounds Slightly After Steep Drop on Weak Earnings and Outlook
Photronics shares saw a modest premarket bounce after losing over a third of their value on a disappointing quarterly report and cautious outlook.
HPE Stock Surges on Dell's Bullish AI Server Outlook
HPE shares surged 23.5% premarket after Dell boosted its AI-server outlook. HPE's fiscal Q2 results are due Monday, with investors eyeing margin trends.
UiPath Posts First GAAP Profit, AI Push Fails to Lift PATH Stock
UiPath shares slid 2.85% in premarket trading Friday after reporting Q1 revenue of $418 million and its first GAAP-profitable quarter. Investors are still weighing AI's impact on long-term sales growth.
Institutional Giants Raise GM Stakes Amid Tariff Risks and Strong Guidance
Major institutional investors increased their General Motors stakes in Q4, with the National Pension Service buying 1.7 million shares. GM recently lifted its 2026 profit outlook and maintained a $6 billion buyback plan.
L.B. Foster Stock Nears 52-Week High Amid Robust Rail Revenue Growth
L.B. Foster shares neared a 52-week high after Q1 net sales rose 23.9%, led by rail revenue growth of 38.4%. The stock has more than doubled from its low.
Sivers Semiconductors Surges Over 1,700% Before Short Sellers Pounce on Sales Miss
Sivers Semiconductors reported a 22% drop in Q1 net sales, missing estimates, as short interest surged to 17% of free float. Shares still up over 1,700% year-to-date.
NetApp Surges on AI Storage Demand, Beats Q4 Estimates
NetApp shares surged 13% in after-hours trading after beating Q4 estimates with $1.95B revenue and $2.43 EPS, driven by AI and cloud storage demand. The company forecast fiscal 2027 revenue up to $7.575B.
Autodesk Shares Dip After Q1 Beat, $3.6B MaintainX Deal
Autodesk shares dropped over 5% in after-hours trading Thursday, even as the company reported fiscal Q1 earnings above estimates and raised its 2027 outlook.
SentinelOne Shares Plunge on Weak Forecast, Announces 8% Workforce Reduction
SentinelOne shares fell 18.65% after hours after the company forecast Q2 revenue below Wall Street estimates and announced plans to cut 8% of its workforce.
Dell Soars on $60B AI Server Forecast, Record Backlog
Dell shares jumped 22% after hours after the company raised its full-year outlook and set a $60B AI-server revenue target for fiscal 2027, citing a record $51.3B AI backlog.