Articles by James Calloway
Shell Shares Slide as Buyback Reduction Overshadows Profit Beat
Shell shares dropped 3.9% as a reduced share buyback program offset first-quarter earnings that beat forecasts. Net debt increased to $52.6 billion.
Rolls-Royce Shares Gain as Buyback and Flying Hours Support Outlook
Rolls-Royce shares advanced 1.1% to 1,293.7p, extending gains after the company reaffirmed 2026 profit and cash flow targets and reported a 5% increase in large engine flying hours.
Whirlpool Shares Tumble 16% on Q1 Loss, Dividend Suspension, and Tariff Uncertainty
Whirlpool shares plunged 16% after the company posted a Q1 net loss, suspended its dividend, and cut its 2026 profit outlook, citing a sharp drop in U.S. appliance demand.
Redwire Shares Dip on Q1 Revenue Miss, $350M Stock Sale Plan
Redwire reported Q1 revenue of $97M, missing estimates, and announced a $350M stock sale. Despite a record backlog of $498.1M, shares fell about 10% after hours.
Fortinet Surges on AI-Driven Security Demand and Upbeat Outlook
Fortinet (FTNT) shares surged up to 24% after hours following a Q1 earnings beat and raised full-year outlook, fueled by robust demand for AI-driven security solutions.
Entravision Soars 94% on AI Ad-Tech Revenue Surge
Entravision Communications (EVC) stock nearly doubled after Q1 revenue surged 114% to $196.97M, with its AI-powered ad-tech unit driving a 204% revenue jump.
DoorDash Surges 10% on Strong Q2 Order Forecast Despite Profit Dip
DoorDash shares surged 10% on a Q2 order forecast beating estimates, even as Q1 net income slipped 5% to $184 million and revenue fell short of analyst expectations.
Axon Q1 Revenue Soars 34% on AI and Drone Demand, Guidance Raised
Axon Q1 revenue surged 34% to $807 million, beating estimates, as AI product revenue jumped over 700% and drone demand boosted outlook.
Snap Stock Falls 5% After Q1 Revenue Beat, Cautious Q2 Outlook, and End of Perplexity AI Deal
Snap Inc. reported Q1 revenue up 12% to $1.53B and 483M daily active users, but shares fell 5% after a cautious Q2 outlook and the end of the $400M Perplexity AI deal.
Coherent Stock Dips Despite Strong AI-Driven Q3 Results
Coherent Corp. shares dropped 6% after hours despite beating Q3 revenue estimates at $1.81B, driven by AI infrastructure demand. Wall Street focused on weak cash flow and margin misses.
AppLovin Shares Slide Despite Q1 Beat as Investors Eye Growth Sustainability
AppLovin reported Q1 revenue of $1.84B, up 59% YoY, and net income of $1.21B, more than doubling. Shares dropped 2.3% after hours as investors question long-term growth.
Loblaw Stock Dips 5% as Q1 Revenue Miss Overshadows Profit Growth
Loblaw reported Q1 revenue of C$14.48B, missing forecasts, sending shares down 5%. Net earnings rose to C$594M, and the company raised its dividend by 10% while approving a new buyback.