Articles by James Calloway
Howmet Aerospace Surges on Strong Q1 Results, Lifts 2026 Outlook
Howmet Aerospace reported strong Q1 results, beating estimates and raising its 2026 outlook amid robust demand from commercial aerospace and defense.
Novavax Surges on Pfizer Deal, Q1 Revenue Beat Despite Weak Vaccine Sales
Novavax reported Q1 revenue of $139.5M, beating estimates, driven by $30M from Pfizer's Matrix-M license. Shares rose further as licensing income offset weak COVID vaccine sales.
Live Nation's Ticketmaster Axes 350 Jobs Amid Antitrust Overhaul
Ticketmaster has laid off 350 employees, or 8% of its global workforce, as parent Live Nation restructures amid a pending antitrust ruling and a $371 million operating loss.
Shake Shack Stock Tumbles 28% on Q1 Loss, Rising Beef Costs, and CFO Change
Shake Shack shares plunged 28% on Thursday after the burger chain reported a quarterly loss and missed revenue estimates. Rising beef costs and a CFO transition added to investor concerns.
IREN Stock Rises Ahead of Q3 Earnings; Mirantis Deal and AI Pivot Under Scrutiny
IREN Ltd. shares rose 1.6% to $61.94 ahead of fiscal Q3 earnings, with focus on AI cloud revenue from its $625M Mirantis deal and the new Sweetwater 1 data center.
SoundHound AI Earnings Preview: Options Signal 16% Swing as OASYS Launch and LivePerson Deal Loom
SoundHound AI shares rose 2.3% to $9.59 ahead of Q1 earnings. Options pricing implies a nearly 16% swing. Wall Street expects $42.56M in revenue and a 5-cent loss per share.
Beyond Meat Plunges 14% on Weak Q2 Forecast Amid Plant-Protein Rebrand
Beyond Meat shares tumbled 14% after the company projected Q2 revenue of $60-$65 million, below analyst expectations, as Q1 sales continued to decline.
Oklo Gains NRC Approval for Aurora Design, but Commercial Hurdles Remain
Oklo Inc. received NRC approval for its Aurora powerhouse design, halving the review time. Yet, the company has no built plants or binding power deals, and faces significant hurdles.
Lumentum's AI Sales Surge 90% but Stock Falls on Revenue Miss
Lumentum's fiscal Q3 revenue surged 90% year over year to $808.4M, driven by AI demand, but the stock dropped 5% on a slight revenue miss and supply bottlenecks.
Whirlpool Shares Tumble 20% on Profit Warning, Dividend Suspension, and Iran Conflict Impact
Whirlpool shares fell 20% after cutting its 2026 profit outlook, suspending dividends, and blaming the Iran war for a sharp drop in U.S. appliance demand.
GM Recalls 40,440 Brake Fluid Bottles Over Sediment Contamination
General Motors is recalling 40,440 bottles of ACDelco brake fluid due to sediment that could impair braking, a potential safety hazard.
McDonald's Q1 Earnings Beat: Value Strategy Under Scrutiny as U.S. Traffic Wavers
McDonald's beat Q1 earnings estimates with revenue up 9% to $6.517B, but U.S. same-store sales missed targets and traffic was uneven, testing value meal strategy.