Articles by James Calloway
Enovix Shares Slide Despite Q1 Beat as Smartphone Battery Tests Remain Incomplete
Enovix shares dropped 12.9% in after-hours trading Wednesday despite beating Q1 revenue and adjusted-loss estimates, as smartphone battery qualification remains unfinished.
USA Rare Earth Q1 Revenue Misses, Cash Pile Grows to $1.75B Amid China Supply Squeeze
USA Rare Earth posts $5.7M Q1 revenue, $67M net loss, and $1.75B cash. Texas grants $14.18M for Round Top, while $1.6B Commerce funding awaits. Serra Verde acquisition targets non-China rare earth supply.
Aeluma Shares Slide 16% After Q3 Loss and Reduced Revenue Outlook
Aeluma shares dropped 16.3% after hours after the company posted a $1.8 million Q3 loss and trimmed its 2026 revenue outlook to $4.2-$4.6 million.
Doximity Shares Dive on Weak 2027 Revenue Outlook, AI Hype Fails to Impress
Doximity shares tumbled 19% after hours as its fiscal 2027 revenue forecast of $664-$676 million fell well short of Wall Street estimates, overshadowing strong AI adoption metrics.
Fermi’s Proxy Battle Intensifies Ahead of Q1 Earnings, Founder Pushes for Board Overhaul
Fermi founder Toby Neugebauer pushes for board changes despite the board canceling a May 29 meeting. Q1 earnings are due Thursday, with focus on Project Matador tenant negotiations.
Wix Shares Tumble 27% on Q1 Earnings Miss and AI Investment Concerns
Wix stock plunged 27% after Q1 adjusted earnings missed forecasts and the company reported a GAAP net loss of $57.5 million, as AI investments weighed on margins.
Cisco Rallies 14% After Hours on AI-Driven Revenue Upgrade and Workforce Reduction
Cisco (CSCO) surged 14% in after-hours trading after raising its annual revenue forecast to $63 billion and announcing 4,000 job cuts, fueled by $5.3 billion in AI infrastructure orders.
Apple Backs Google in EU Digital Markets Act Dispute
Apple cautioned EU regulators that proposed DMA rules requiring Android to open features to competing AI services could endanger privacy and security. Alphabet shares rose 4% after strong Q1 results.
Apple Warns EU Over AI Interoperability Rules as Stock Nears $300
Apple flags EU draft rules requiring Android to open to competing AI services as a 'profound risk,' while its stock nears $300 and CEO Cook joins Trump for China trade talks.
Nu Holdings Shares Dip Ahead of Q1 Earnings; Credit Quality in Focus
Nu Holdings shares slipped 3.3% to $12.84 ahead of Q1 earnings. Analysts forecast EPS of $0.20 and revenue of $5.06B, with credit quality under scrutiny.
Grab Stock Dips Despite Strong Q1 Results, Indonesia Cap Looms
Grab shares slipped 1.1% to $3.60 despite Q1 revenue beating estimates at $955 million and profit jumping to $120 million, as Indonesia's new 8% ride-hailing commission cap weighs on sentiment.
NIO Shares Rally as ES8 Sales Surge, Boosting Profit Outlook
NIO shares jumped 43.5 cents to $6.515 after April deliveries rose 22.8% to 29,356 vehicles, with the ES8 SUV accounting for 44% of volume. Q1 results are due May 21.