Articles by James Calloway
Klarna Reports First Profit Post-IPO, Tepid Q2 Guidance Caps Rally
Klarna achieved its first quarterly profit since going public, but softer Q2 guidance tempered investor enthusiasm. Revenue surged 44% to $1 billion.
Cisco Stock Soars on AI Orders, Restructuring Plan
Cisco shares jumped as much as 22% in premarket trading after the company raised its sales forecast and announced a restructuring focused on AI, with $5.3 billion in AI orders from hyperscalers.
Forgent Power Soars on Record Orders, AI Data Center Demand Drives Growth
Forgent Power Solutions raised its FY2026 revenue forecast after record Q3 bookings of $867 million, signaling robust AI data center demand. Shares jumped in premarket trading.
Ondas Surges on Q1 Revenue Beat, Lifts 2026 Guidance
Ondas shares surged 14% premarket after Q1 revenue of $50.1M beat forecasts. The company raised its 2026 revenue outlook to $390M+.
Precigen Surges on Papzimeos Revenue, Narrows Loss in Q1
Precigen (PGEN) shares surged 14% as Q1 revenue of $23.3M beat estimates, fueled by $21.6M from Papzimeos. Net loss narrowed to $7.9M from $54.2M a year ago.
Snail Inc. Shares Surge 125% on Q1 Profit, ARK Sales Boost
Snail Inc. (SNAL) shares surged over 125% in premarket trading after reporting Q1 net income of $2.1 million, driven by strong ARK franchise and Bellwright sales.
Senate Banking Committee to Debate CLARITY Act as Crypto Regulation Nears Key Vote
The Senate Banking Committee begins debate on the CLARITY Act, a crypto market structure bill, with over 130 amendments filed. The bill's fate hinges on bipartisan support amid bank-crypto divisions.
Fermi Inc. Raises Voting Threshold Amid Founder Dispute
Fermi Inc. raised its shareholder vote threshold to 70% for key bylaw changes, escalating the conflict with ousted co-founder Toby Neugebauer ahead of Q1 earnings.
Eos Energy Unveils Cerberus-Backed Storage Venture as Q1 Revenue Surges 445%
Eos Energy Enterprises reported a 445% surge in Q1 revenue to $57 million and launched Frontier Power USA, a Cerberus-backed storage venture, while working toward profitability.
Alibaba's AI Cloud Bet Drives Stock Surge Amid Profit Dip
Alibaba's cloud revenue surged 38% to 41.63 billion yuan, fueling a stock rally even as operating profit swung to a loss of 848 million yuan, highlighting the AI investment trade-off.
Cisco's AI Surge Lifts Nasdaq to Record, But Inflation Pressures Fester
Cisco Systems surged 20% after hours after boosting its AI order goal to $9 billion, helping the Nasdaq close at a record. But a hotter-than-expected PPI report keeps the Fed on hold.