Articles by James Calloway
Zimmer Biomet Stock Falls 9% Despite Earnings Beat and Raised Forecast
Zimmer Biomet shares dropped 9% Tuesday after beating Q1 estimates and raising its 2026 profit forecast, as investors focused on an unchanged sales outlook and the CFO's exit.
Omnicell Shares Jump 17.5% on Q1 Beat, Raised 2026 Guidance
Omnicell shares jumped 17.5% after Q1 results topped estimates and the company raised its 2026 profit outlook, citing strong demand for its Titan XT system.
Centene Lifts 2026 Forecast After Q1 Earnings Beat on Medical Costs
Centene raised its 2026 profit outlook after Q1 earnings beat estimates, citing better medical cost management. Shares jumped over 6%.
Microsoft Shares Steady Ahead of Azure Earnings Test
Microsoft shares edged up 0.3% to $426.14 Tuesday as investors await fiscal third-quarter earnings. Azure revenue is expected to rise about 40%.
Ulta Beauty Shares Dip as Investors Eye AI Strategy Impact
Ulta Beauty shares continued their slide Tuesday as the market weighs the retailer's AI push and 2026 outlook. The stock is down 24.5% from its February peak.
American Tower Lifts 2026 Guidance After Strong Q1 Results
American Tower raised its 2026 forecast after Q1 revenue rose 6.8% to $2.74 billion and net income surged 76.2%, both topping estimates. Shares gained 1.9%.
Celestica Stock Tumbles Despite AI Demand Surge and Upgraded Forecast
Celestica raised its 2026 revenue forecast to $19B after a strong Q1, yet shares fell 15% as market expectations outpace growth.
Apple Stock Edges Up Ahead of Earnings; UBS Highlights iPhone Gains
Apple shares gained 1.1% to $270.59 on Tuesday ahead of earnings, as UBS lifted its price target to $287 on iPhone strength. The report is the first since the CEO transition announcement.
Bed Bath & Beyond Posts First Revenue Growth in 19 Quarters, Shares Surge
Bed Bath & Beyond reported its first revenue growth in 19 quarters, with Q1 sales up 6.9% to $247.8 million. The net loss narrowed sharply, sending shares higher.
BYD's Q1 Profit Plunges 55% Amid China's EV Price War
BYD reported a 55% drop in Q1 net profit to 4.08 billion yuan, hit by China's EV price war and sluggish domestic demand. Revenue fell 11.8% to 150.23 billion yuan.