Articles by James Calloway
Hims & Hers Shares Drop as GLP-1 Strategy Shift Squeezes Margins
Hims & Hers Health shares tumbled 14.6% to $24.89 after a Q1 net loss of $92.1 million, as the company pivots from compounded GLP-1s to branded drugs, pressuring margins.
Infleqtion Shares Jump on Quantum Sector Momentum, Earnings in Focus
Infleqtion shares rose 5.6% on Tuesday, tracking gains in quantum stocks after peers released Q1 data. The company's own earnings report on May 14 will be key.
McDonald's Shares Dip as Consumer Strain Challenges Value Strategy
McDonald's shares slipped 0.4% to $274.60 after JPMorgan cut its price target to $305, even as Q1 profit and revenue beat estimates. April sales turned negative as high gas prices and tighter budgets weighed on lower-income customers.
Sea Limited Revenue Surges Past Estimates, But Cost Pressures Persist
Sea Limited reported Q1 revenue of $7.1B, beating estimates by $600M, but EPS missed by $0.10. Shopee's record GMV and Garena's strong quarter were offset by rising costs.
Shopify Tumbles on Q2 Margin Outlook Despite Strong Q1 Beat
Shopify shares slid 7% Monday after Q2 guidance missed expectations on margins, despite a Q1 revenue and GMV beat. The market is reassessing the AI commerce bull case.
GoPro Turns Sale Candidate After Q1 Losses and Takeover Interest
GoPro's board launches a strategic review after unsolicited takeover interest tied to its defense and aerospace push. Q1 earnings show revenue down 26%, gross margin at 4.3%, and a going-concern warning.
Figure Technology Surges as Q1 Loan Volume Rekindles Growth Debate
Figure Technology shares surged 3.7% premarket after Q1 consumer loan marketplace volume jumped 113% to $2.9B and net revenue rose 98% to $167M. Q2 guidance of $3.8-$4.1B beat expectations, and Jefferies raised its price target to $43.
D-Wave's Record Bookings Show Promise, Revenue Lag Remains Concern
D-Wave's Q1 bookings hit $33.4M, up 1,994%, driven by a $20M system sale. Revenue fell 81% to $2.9M, and net loss widened to $18.4M. Shares rose 6.47%.
GSI Technology Surges 39% on Strong Revenue, Cash Position, and Edge AI Focus
GSI Technology shares surged 39% on Monday following a 22% revenue increase and a strong cash position, highlighting its edge AI push.
Sega Abandons Live-Service ‘Super Game’ Ambition
Sega Sammy has canceled its 'Super Game' project and reassigned over 100 developers to core franchise teams after disappointing free-to-play results and losses at Rovio.
Intuitive Surgical Drops to 52-Week Low on Recall and Competition Fears
Intuitive Surgical shares fell to a 52-week low Monday after an FDA recall and lowered procedure growth forecasts, overshadowing a strong Q1 earnings beat.