Articles by James Calloway
Cisco Rallies 14% After Hours on AI-Driven Revenue Upgrade and Workforce Reduction
Cisco (CSCO) surged 14% in after-hours trading after raising its annual revenue forecast to $63 billion and announcing 4,000 job cuts, fueled by $5.3 billion in AI infrastructure orders.
Apple Backs Google in EU Digital Markets Act Dispute
Apple cautioned EU regulators that proposed DMA rules requiring Android to open features to competing AI services could endanger privacy and security. Alphabet shares rose 4% after strong Q1 results.
Apple Warns EU Over AI Interoperability Rules as Stock Nears $300
Apple flags EU draft rules requiring Android to open to competing AI services as a 'profound risk,' while its stock nears $300 and CEO Cook joins Trump for China trade talks.
Nu Holdings Shares Dip Ahead of Q1 Earnings; Credit Quality in Focus
Nu Holdings shares slipped 3.3% to $12.84 ahead of Q1 earnings. Analysts forecast EPS of $0.20 and revenue of $5.06B, with credit quality under scrutiny.
Grab Stock Dips Despite Strong Q1 Results, Indonesia Cap Looms
Grab shares slipped 1.1% to $3.60 despite Q1 revenue beating estimates at $955 million and profit jumping to $120 million, as Indonesia's new 8% ride-hailing commission cap weighs on sentiment.
Quantum Computing Inc. Shares Retreat as Acquisition Costs Weigh on Growth
QCi shares fell 5.4% Wednesday as investors weighed a dramatic revenue surge from acquisitions against soaring costs and a net loss.
FMCSA Retires Legacy Systems as Motus Registration Platform Goes Live May 14
The FMCSA is retiring its legacy registration systems on May 14, 2026, launching the new Motus platform. Carriers and brokers must update their accounts to avoid manual verification delays.
NIO Shares Rally as ES8 Sales Surge, Boosting Profit Outlook
NIO shares jumped 43.5 cents to $6.515 after April deliveries rose 22.8% to 29,356 vehicles, with the ES8 SUV accounting for 44% of volume. Q1 results are due May 21.
Plug Power's Q1 Revenue Surge Masked by Deepening Cash Burn
Plug Power's Q1 revenue rose 22% to $163.5M, but net loss widened to $245.3M and cash burn increased, overshadowing the top-line beat.
WeRide Revenue Surges 57.6% in Q1, but Robotaxi Costs Drag Stock Down 7.1%
WeRide's Q1 revenue hit a record RMB114.1M, up 57.6% YoY, yet shares dropped 7.1% premarket as net loss widened to RMB389.1M. Robotaxi fleet grew to ~1,300 vehicles.
SoftBank's OpenAI Bet Drives Record Annual Profit, But Financing Questions Loom
SoftBank's net profit more than tripled in Q4 to ¥1.83 trillion, fueled by gains from its OpenAI investment. The full-year profit hit a Japanese record, but the company faces a cash test as it funds a $64.6 billion commitment.
Crypto Kiosk Ban Wave Grows as $389M in Scam Losses Draw Regulatory Fire
Spokane Valley has ordered all crypto ATMs removed within 30 days after police linked them to fraud and a suicide. The FBI reported $389 million in scam losses in 2025, driving a wave of state bans.