Articles by James Calloway
Pinterest Shares Slide 6%, Wiping Out Post-Earnings Rally
Pinterest shares fell about 6% Tuesday, erasing post-earnings gains, despite Q1 revenue growth and a Q2 forecast above analyst expectations.
Marvell Technology Surges as AI Networking Optimism Builds Ahead of Earnings
Marvell Technology shares rose 6.6% to $180.04 Tuesday, bucking a broader tech selloff, as the market focuses on its upcoming earnings report and AI networking growth prospects.
AI Chip Stocks Split as Nvidia Earnings Loom; CoreWeave Drops on Google-Blackstone Cloud Deal
Nvidia rose 0.8% ahead of its earnings report, while CoreWeave dropped 3.7% after Google and Blackstone announced a $5 billion U.S. AI cloud venture using Google's custom TPUs.
CMB.Tech Soars 12% on Q1 Profit Surge, Plans $0.64 Payout
CMB.Tech shares surged 12.15% to €14.58 in Brussels after reporting Q1 profit of $368.8 million and announcing a $0.64 per share payout.
Chewy Shares Tumble 7.8% After CEO Warns of Consumer Stress
Chewy shares dropped 7.8% after CEO Sumit Singh warned of consumer spending pressure. The pet retailer reports Q1 earnings on June 10.
Constellation Software Surges 9.5% as TSX Slips on Rising Inflation
Constellation Software shares surged 9.5% on Tuesday, outperforming a flat TSX, after reporting Q1 revenue of $3.18 billion and net income of $367 million, with robust acquisition activity.
Snowflake Stock Surges on AI Optimism Ahead of Q1 Earnings
Snowflake shares jumped 6.3% Tuesday, outperforming major indexes, after BofA Securities raised its price target citing strong AI demand. Investors await fiscal Q1 results due May 27.
Amer Sports Lifts 2026 Outlook After Q1 Beat on Arc'teryx, Salomon Strength
Amer Sports raised its 2026 guidance after Q1 revenue jumped 32% to $1.95B, beating forecasts. Shares rose 4.18% premarket.
Home Depot Q1 Earnings Signal Housing Market Strain
Home Depot reported Q1 sales of $41.8B, up 4.8%, beating estimates, but comparable sales rose only 0.6%, missing forecasts. Net earnings fell to $3.3B. The company kept its 2026 outlook unchanged.
Hesai Stock Rises on Q1 Profit and Mercedes-Benz Lidar Deal
Hesai Group shares rose 2.68% in premarket trading after reporting a first-quarter profit and confirming it will supply lidar sensors for Mercedes-Benz Level 3 autonomous models.
Costco Shares Surge to Record as April Sales Surpass $23.9 Billion
Costco shares closed at a record $1,076.47, buoyed by a 13% jump in April net sales to $23.92 billion. The market now focuses on the company's fiscal Q3 earnings due May 28.
Ameren Shareholders Endorse CEO's $14M Pay, Re-elect Board
Ameren shareholders approved CEO compensation of $14.06 million and re-elected the full board, with strong support for the say-on-pay resolution.