Articles by James Calloway
Spotify's Record Profit Overshadowed by Weak Guidance, Shares Tumble
Spotify shares dropped 12% premarket after its Q2 guidance for operating income and paid subscribers missed estimates, overshadowing a record Q1 profit.
UPS Tops Q1 Forecasts Amid Amazon Network Overhaul
UPS beat Q1 earnings and revenue estimates, but shares fell 3% as profit dropped 28% and the company navigates a strategic pullback from Amazon business.
BP Q1 Profit Surges to $3.2B on Iran Conflict Boost
BP's first-quarter profit more than doubled to $3.2 billion, fueled by higher crude prices from the Iran conflict, beating analyst estimates by 20%. Net debt increased to $25.3 billion.
Lloyds Shares Edge Up Ahead of Q1 Report Amid Motor Finance Uncertainty
Lloyds shares gained 0.9% to 98.4p on Tuesday as investors positioned for Q1 results, while a consumer group's legal challenge to the FCA's motor-finance scheme adds uncertainty.
Rambus Stock Declines Despite AI-Driven Revenue Growth in Q1
Rambus shares dropped 10.8% after Q1 earnings, despite product revenue climbing 15% on AI demand. The company's cautious Q2 outlook tied to customer deals tempered investor enthusiasm.
Celestica Shares Dip Despite Strong Earnings and Raised AI-Driven Guidance
Celestica reported Q1 revenue of $4.05B, up 53% YoY, and raised its 2026 outlook to $19B, but shares slipped as the market had already priced in strong AI demand.
Spotty Earnings Ahead: Spotify Launches Peloton Fitness Content
Spotify launches a fitness category with Peloton classes for Premium users, expanding beyond audio. SPOT stock falls ahead of Q1 earnings, while PTON rises.
Domino's Pizza Shares Plummet 10% on Weak Outlook Amidst Intensifying Value War
Domino's Pizza shares fell nearly 10% after the company slashed its 2026 comparable-sales outlook, citing weak demand and tougher competition. Q1 U.S. same-store sales rose only 0.9%, missing estimates.
Snap Stock Surges 8.5% on Upgrade and Cost-Cut Hopes
Snap shares jump 8.5% after Rothschild & Co Redburn upgrades to Buy and doubles price target to $10, citing AI-driven ad market shift and cost-cutting ahead of Q1 earnings.
Can Azure's Growth Validate Microsoft's AI Investments?
Microsoft reports fiscal Q3 earnings Wednesday, with Azure growth and AI spending under scrutiny after a $357B market value loss. Analysts expect revenue near $81.4B.
Boeing Posts Narrower Q1 Loss, But Cash Burn Remains a Concern
Boeing narrowed its Q1 net loss to $7M, revenue rose 14% to $22.2B, but free cash flow was negative $1.5B. The company delivered 143 jets, beating Airbus, and holds a record $695B backlog.