Articles by James Calloway
Unusual Machines Q1 Revenue Soars 296% as Drone Supply Expansion Gains Steam
Unusual Machines posted Q1 revenue of $8.1 million, a 296% jump, and net income of $10.3 million from investment gains. Shares surged 12.8% as the firm raised $150 million and agreed to buy DroneNX for $52 million.
UAMY Shares Slide on Q1 Loss Despite Progress on Key Defense Contract
UAMY dropped 4% after posting an $11.3 million Q1 net loss. Revenue fell to $6.8 million as the company awaits revenue recognition from its $245 million defense contract.
Infleqtion Shares Surge on Record Quarterly Sales, Raised 2026 Forecast
Infleqtion reported record Q1 revenue of $9.5M, up 14%, and raised its 2026 revenue target to $40M. Shares rose 5% as the company launched Quantum Spectrum.
dLocal Net Profit Dips on Tax Charge Despite Record Payment Volume
dLocal reported a 10% drop in Q1 net profit to $41.9 million due to a $9.7 million tax adjustment, overshadowing record total payment volume of $14.1 billion and 55% revenue growth.
FCC Approves Verizon's $1B Spectrum Buy from Array Digital Infrastructure
The FCC has approved Verizon's $1 billion purchase of wireless spectrum from Array Digital Infrastructure, enhancing 5G coverage and capacity.
Digi Power X Shares Slide Ahead of Earnings as AI Deal Faces Scrutiny
Digi Power X shares dropped 14% to $7.28 ahead of Friday's earnings report, as the market assesses the $1.1B Cerebras AI data-center deal and a new GPU rental contract.
Manulife Shares Dip 6% on Q1 Earnings Miss Despite Asia Strength
Manulife Financial Corp (MFC) shares slid nearly 6% after Q1 core earnings missed estimates, even as Asia profits surged 22%. Net income doubled, but Canada and U.S. results weakened.
Leslie's Shares Surge 160% on Sales Rebound, Turnaround Still Underway
Leslie's shares skyrocketed 160% after Q2 sales grew 4.3% and customer traffic improved, though the company reported a wider net loss of $52.5 million.
Senate Panel Advances Crypto Bill; Coinbase Shares Surge
Coinbase shares rose 7.7% after the Clarity Act advanced in the Senate, but the bill faces a tough floor vote.
Senate Panel Advances Crypto Bill, XRP Eyes Key Resistance Level
The U.S. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote, pushing XRP toward the $1.50 resistance level amid rising institutional inflows.
PureCycle Soars 25% on New Jersey Recycled Content Approval
PureCycle shares jumped 24.7% to $12.72 after New Jersey regulators approved its PureFive resin as postconsumer recycled content under state packaging law.
Broadcom Surges to Record High Ahead of Q2 Earnings on AI Optimism
Broadcom shares hit a record high above $439 Thursday ahead of its June 3 earnings report, driven by analyst upgrades and strong AI chip demand.