Articles by James Calloway
Extreme Networks Soars 28% on Strong Q3 Earnings and Upbeat Forecast
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million and non-GAAP EPS of 26 cents, beating estimates. Q4 revenue guidance of $330-$335 million also topped expectations.
Amazon Q1 Revenue Surges 17% as AWS Growth Accelerates to 28%
Amazon Q1 revenue rose 17% to $181.5B, beating estimates, as AWS growth hit 28%. Net income was boosted by a $16.8B Anthropic gain, but free cash flow fell to $1.2B.
Vita Coco Stock Jumps 27% on Q1 Beat, Upbeat 2026 Forecast
Vita Coco shares surged 27% Wednesday after Q1 net sales jumped 37% to $180M, beating estimates. The company raised its 2026 revenue outlook to $720-$735M, driven by strong coconut water demand.
Sagtec Global Soars on Record Revenue, But Profit Pressures Loom
Sagtec Global shares jumped 38% on record 2025 revenue of $19.1M, up 49%, driven by services growth. But operating income fell 9% and EPS dropped to $0.09, reflecting expansion costs after its Nasdaq IPO.
General Dynamics Soars on Strong Submarine, Jet Orders; 2026 Outlook Raised
General Dynamics shares surged 10.9% after Q1 earnings and revenue topped estimates, driven by submarine and Gulfstream jet orders, lifting its 2026 outlook.
Teva Surges 11% as Branded Drugs Drive Q1 Beat, Emalex Deal Adds Tourette Candidate
Teva beat Q1 estimates with adjusted EPS of $0.53 on $3.98B revenue, as branded drug sales surged 41%. Shares rose 11% on the news.
Silicon Motion Shares Surge 30% on Record Q1 Sales, AI Storage Demand
Silicon Motion posted a record Q1 with revenue doubling to $342.1M, driven by AI storage demand. Shares jumped 30% as the company issued a strong Q2 forecast.
Starbucks Shares Surge on Raised Outlook and Strong Q2 Sales
Starbucks shares surged 10% after Q2 global comparable sales rose 6.2%, beating estimates, and the company raised its fiscal 2026 outlook, signaling CEO Niccol's turnaround is working.
Teradyne Tumbles 16% on Weak Guidance Despite Record AI-Driven Quarter
Teradyne dropped 16% after guiding Q2 sales and profit below Q1 levels, even as record AI-related revenue fueled a 87% YoY surge in the first quarter.
Mastercard Shares Surge Ahead of Earnings Following Visa's Strong Results
Mastercard shares jumped 3.8% to $526.90 as investors cheered Visa's earnings beat and raised outlook, setting the stage for Mastercard's own Q1 report on Thursday.
GE HealthCare Cuts 2026 Profit View on Rising Costs, Stock Plunges
GE HealthCare cut its 2026 profit forecast as rising chip, oil, and freight costs, along with tariffs, squeezed margins. Shares fell nearly 13%.
New US Export Curbs Target Applied Materials, Chip Tool Shipments to China's Hua Hong
The US Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China's Hua Hong, targeting advanced chip production facilities. AMAT shares fell 5.8%.