Articles by James Calloway
SoFi shares flat after record Q1, tech platform revenue drops 27%
SoFi shares were flat Monday after record Q1 results, with net revenue up 43% to $1.10B but technology platform revenue down 27%.
Costco Shares Surge Amid Consumer Caution; Valuation Stays Elevated
Costco shares climbed to $1,064.98 as April sales rose 13% to $23.92B. The company raised its dividend and will report fiscal Q3 earnings on May 28.
Apellis Delisted After Biogen Buyout; CVR Payout in Focus
Apellis Pharmaceuticals has been delisted from Nasdaq following Biogen's completed acquisition. Shareholders get $41 per share plus a contingent value right worth up to $4 if Syfovre meets sales goals.
Analysts Boost Walmart Targets Ahead of Q1 Earnings Report
Walmart shares gained 0.8% Monday after multiple Wall Street analysts raised price targets ahead of the retailer's fiscal first-quarter earnings report on Thursday.
Baidu Surges on AI Cloud Strength Despite Advertising Decline
Baidu's U.S.-listed shares rallied over 3% premarket as Q1 revenue topped forecasts, with AI cloud revenue surging 49% to offset a 22% drop in online marketing.
Ryanair Warns Summer Fares Flat, Record Profit Fails to Lift Shares
Ryanair warned peak summer fares will be flat, reversing earlier expectations, citing late bookings and fuel costs. Shares fell over 3% despite a record annual profit of €2.26 billion.
NextNRG Stock Surges 99% After Hours on Q1 Revenue Growth
NextNRG stock surged nearly 99% in after-hours Friday after reporting 29% revenue growth. The company's net loss widened, but management highlights reduced interest expense and improving unit economics.
IonQ Faces Investor Scrutiny After Mixed Week Despite Revenue Surge
IonQ shares ended a turbulent week down 9.6% on Friday, despite a 755% revenue surge in Q1. The quantum computing firm's heavy spending and cash burn continue to fuel investor debate.
Ambev's Post-Earnings Rally Stalls; World Cup Hopes Tested Next Week
Ambev shares fell 0.51% on Friday, pausing after a strong Q1 earnings report. Investors now focus on the World Cup's potential to boost beer demand, with the stock up 13.2% YTD.
Netflix's Ad Push Faces Market Test as Stock Holds Steady
Netflix shares closed at $87.02 Friday, up 0.09% but down 0.5% from last week. The company announced its ad-supported plan now reaches over 250 million global viewers, with expansion to 15 more countries by 2027.
Pfizer Faces Investor Scrutiny After Weekly Decline Amid Pipeline Concerns
Pfizer shares dropped 1.63% on Friday to $25.33, lagging the S&P 500. Despite a 5% revenue increase and reaffirmed 2026 guidance, investor caution persists over pipeline risks and competitive pressure from Eli Lilly.