Articles by James Calloway
Lumen Technologies Q1 Earnings Preview: AI-Driven Strategy Faces Revenue Decline
Lumen Technologies is set to report its first-quarter earnings on May 5, with expectations of a loss as the company shifts focus to AI and enterprise fiber.
McDonald's Shares Dip Ahead of Q1 Results Amid Value Menu Scrutiny
McDonald's shares dropped 2.37% to $286.64, extending losses to over 16% since early March, as investors await Q1 earnings on May 7. Analysts expect EPS of $2.75 on $6.48B revenue.
Indonesia Caps Ride-Hailing Commissions at 8%, Pressuring Grab Ahead of Earnings
Indonesia slashed the maximum commission for ride-hailing platforms to 8%, pressuring Grab (GRAB) and GoTo's Gojek ahead of Grab's Q1 earnings. Grab shares fell 3.9%.
Cloudflare's New AI Tool Launch Precedes Q1 Earnings Report
Cloudflare shares surged 6.1% on Friday after unveiling Dynamic Workflows, a developer tool for AI agents, just days before its first-quarter earnings report on May 7.
Workday's Q1 Earnings: AI Strategy Faces Pivotal Test on May 21
Workday reports fiscal Q1 earnings on May 21, with subscription revenue guidance of $2.335B. The company's AI push faces a key test amid competition and investor concerns.
Clorox Shares Tumble 9.7% as Profit Forecast Cut Deepens Cost Woes
Clorox lowered its fiscal 2026 adjusted earnings forecast, sending shares down 9.7%. Higher costs, sluggish category recovery, and GOJO acquisition expenses weigh on the bleach maker.
monday.com Shares Surge Ahead of Earnings and Legal Deadline
monday.com shares surged 10% to $72.74 ahead of its Q1 earnings report and a key lawsuit deadline. The company faces allegations of misleading investors on growth outlook.
AIG Shares Surge on Profit Beat, Private Credit Pullback
AIG shares jumped 5.3% after reporting Q1 adjusted profit of $1.15B, up 64% YoY, and slowing private credit deployment. The board raised dividend 11% and announced CEO succession.
Stryker Stock Drops 6.5% as Cyberattack Derails Q1 Earnings; 2026 Targets Remain
Stryker shares dropped 6.5% after Q1 earnings missed estimates due to a March cyberattack. Revenue was $6.0B vs $6.35B expected, but 2026 guidance remains unchanged.
Salesforce Restructures AI Revenue Reporting into Two Segments
Salesforce will reorganize its AI-era revenue into two segments, Agentforce Apps and Data 360, starting fiscal 2027. Shares rose 4.13% to $183.82.
Greg Abel Takes Center Stage at Berkshire Hathaway as Cash Pile Swells to $397 Billion
Greg Abel presided over Berkshire Hathaway's annual meeting for the first time as CEO, with Warren Buffett watching from the audience. The conglomerate reported a jump in operating earnings and a record cash pile of nearly $400 billion.
McDonald's Shares Dip Ahead of Earnings, New Drink Launch
McDonald's shares slipped 2.37% on Friday as investors await Q1 earnings and a new beverage launch. The company is rolling out six specialty drinks and adding beverage specialist roles at 14,000 U.S. locations.