Articles by James Calloway
Apple Stock Rises on Strong Outlook, $100B Buyback
Apple shares rose 0.3% premarket after the company forecast June-quarter sales above expectations and announced a new $100 billion buyback, offsetting chip shortage concerns and a CEO transition.
Atmos Energy Q2 Earnings Preview: Rate Hikes and Infrastructure Spending in Focus
Atmos Energy is set to report fiscal Q2 earnings on May 6, with analysts expecting a 10.9% EPS jump driven by rate increases and infrastructure investments. Zacks projects $3.36 per share on $2.22 billion revenue, while MarketBeat sees lower revenue.
Chevron Tops Q1 Profit Forecasts, But Cash Flow Drop Raises Eyebrows
Chevron beat Q1 earnings estimates but net income slid to $2.2 billion and cash flow from operations halved, overshadowing upstream gains.
DTE Energy Q1 Earnings Miss as Trading Losses Offset Data Center Gains
DTE Energy missed Q1 profit estimates due to a $25M trading loss, while reaffirming 2026 guidance and highlighting Google and Oracle data center deals. Michigan's AG opposes a $474.3M rate hike.
Exelon's PECO Faces Union Safety Probe Amid Leadership Shakeup
IBEW Local 614 filed a petition with Pennsylvania regulators seeking an investigation into PECO's maintenance practices, citing damaged poles and equipment, as new interim CEO Mike Innocenzo takes the helm.
Exxon, Chevron Top Q1 Estimates Despite Iran Conflict Disruptions
Exxon and Chevron beat Q1 earnings forecasts, but the Iran war disrupted shipments and cash flow. Adjusted EPS: XOM $1.16, CVX $1.41. Timing effects and hedging losses weighed.
PSEG's $960M Energy Savings Highlight Ahead of Q1 Earnings
PSEG announces its energy-efficiency programs are saving New Jersey customers nearly $960 million per year, with over 500,000 households enrolled since October 2020.
Sandisk Tumbles Despite Record Q3 Earnings as AI Rally Sets Sky-High Expectations
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting blowout Q3 earnings, as the stock's massive AI-fueled rally set an extremely high bar for performance.
Apple Shares Edge Lower Despite Strong Earnings as iPhone Constraints Loom
Apple beat Q2 earnings estimates with $111.2B revenue and $2.01 EPS, but shares fell 1% after hours as iPhone sales missed forecasts and chip supply remained tight.
SiriusXM Shares Rise as Subscriber Losses Narrow, Cash Flow Surges
SiriusXM shares rose 0.9% after Q1 self-pay subscriber losses of 111,000 were far less than expected, while free cash flow surged 205% to $171 million.
Iron Mountain Soars on AI Data Center Demand, Lifts 2026 Revenue Forecast
Iron Mountain raised its 2026 revenue forecast after Q1 revenue surged 21.6% to $1.94B, driven by 47% data center growth and 92% asset lifecycle management growth.
Rezolve AI Q1 Revenue Surpasses Full-Year 2025 Total, Shares Jump
Rezolve AI reported $60M in Q1 revenue, surpassing its full-year 2025 total. Shares rose 4.9% on the news, and the company reaffirmed its $360M 2026 target.