Articles by James Calloway
Nvidia Q1 Revenue Soars 85% to $81.6B, Guides $91B Q2 Amid AI Boom
Nvidia posted record Q1 revenue of $81.6 billion, up 85% YoY, and guided Q2 at $91 billion. Data Center revenue surged 92% to $75.2 billion.
Ambev Shares Rally on Strong Q1 Earnings and World Cup Optimism
Ambev shares climbed Wednesday after a strong Q1 earnings report, with Brazil beer volumes rising 1.2%. The company named a new logistics VP as investors focus on World Cup demand.
NIO Stock Slips Ahead of Q1 Earnings Release
NIO shares dropped 2.9% to $5.58 ahead of its Q1 earnings report due Thursday. Options traders expect an 8% swing, with forecasts for a loss of 8 cents per share on $3.70 billion revenue.
TJX Shares Jump After Parent Company Raises Annual Guidance
TJX Companies raised its fiscal 2027 sales, earnings, and buyback targets after a better-than-expected Q1, sending shares up 3.6% premarket.
ImmunityBio's Anktiva Expansion Faces FDA Scrutiny with 2027 Decision Date
ImmunityBio's supplemental BLA for Anktiva in papillary-only bladder cancer has been accepted by the FDA, with a decision expected by Jan. 6, 2027. The company's stock traded at $7.76, down 2.8%.
Intuit Q3 Earnings: AI Strategy Under Scrutiny as Stock Plunges 39%
Intuit reports fiscal Q3 results Wednesday, with shares down 39% over the past year. Analysts expect earnings of $12.57 per share on $8.54 billion revenue.
Analog Devices Reports Record Quarter, Acquires Empower for $1.5B
Analog Devices beat Q2 estimates with 37% revenue growth to $3.62B, forecast Q3 above expectations, and announced a $1.5B cash acquisition of Empower Semiconductor to boost AI power delivery capabilities.
Hasbro Beats Q1 Estimates on Magic: The Gathering Strength
Hasbro reported Q1 revenue of $1 billion and adjusted EPS of $1.47, both above forecasts. Magic: The Gathering fueled a 26% rise in Wizards and Digital Gaming revenue.
VF Corp Shares Surge on First Revenue Growth in Three Years
VF Corp posted its first annual revenue increase in three years, with Q4 sales topping expectations. Shares jumped 8.2% premarket after the company issued fiscal 2027 guidance.
Lowe's Beats Q1 Estimates but Shares Slip on Housing Headwinds
Lowe's beat Q1 estimates with sales of $23.08B and adjusted EPS of $3.03, but shares fell 3% premarket as rising mortgage rates and weak housing trends weighed on sentiment.
CAVA Surges on Strong Traffic, Q1 Beat, and Raised Outlook
CAVA Group shares surged 6.9% in premarket trade Wednesday after the chain reported a 9.7% increase in same-restaurant sales and beat first-quarter earnings and revenue estimates.