Articles by James Calloway
Magnachip Surges 23% on New MOSFET Launch Ahead of Q1 Results
Magnachip Semiconductor shares surged 23% to $5.25 after unveiling two new 8th-generation MOSFETs for smartphone battery protection, with one already in mass production. Q1 earnings are due April 28.
HCA Healthcare Shares Slide on Patient Volume Concerns Despite Earnings Beat
HCA Healthcare shares dropped 8.8% after first-quarter profit narrowly beat estimates, but weaker patient volumes and payer-mix concerns rattled investors.
Capital One $425M Settlement Approved: Payouts Starting July 21
A federal judge approved Capital One's $425 million settlement over 360 Savings interest rates. Payments begin July 21 unless appealed.
Constellation Energy Surges Despite Regulatory Challenge to Three Mile Island Restart
Constellation Energy shares jumped 7.2% despite a regulatory filing urging FERC to deny a waiver for the Crane nuclear restart, which is crucial for a 2027 Microsoft data center deal.
Western Union Q1 Profit Plunges 48%, Digital Growth Fails to Offset Retail Drag
Western Union's Q1 profit sank 48% to $64.7M, missing estimates, as retail remittance weakness offset digital gains. Revenue was flat at $982.7M.
Cadence Stock Rebounds on TSMC AI Chip Partnership Ahead of Q1 Earnings
Cadence shares bounced back 5.2% Friday after deepening its AI chip design partnership with TSMC. The company reports Q1 earnings Monday, with analysts eyeing $1.453B revenue.
Eos Energy Q1 Earnings Set for May 13 After Revenue Preview, EOSE Stock Surges
Eos Energy Enterprises will report Q1 results on May 13 after previewing $56M-$57M revenue and 17% shipment growth. Shares rose 12% on AI power deal with TURBINE-X.
Charter Communications Shares Tumble 22% as Broadband Losses Double
Charter Communications shares fell 22% after reporting 120,000 broadband customer losses in Q1, double last year's figure and worse than analyst expectations.
Norfolk Southern Faces Headwinds from Fuel Costs and Merger Uncertainty
Norfolk Southern reported a 27% drop in Q1 net income to $547 million, weighed by higher fuel costs and merger expenses. Shares slipped 0.5% as investors focused on cost pressures and weak freight volumes.
Qualcomm Rallies Ahead of Earnings, AI Sector Faces Pivotal Week
Qualcomm shares jumped 9.7% ahead of its April 29 earnings report, but JPMorgan downgraded the stock citing smartphone and data-center challenges. Adobe announced a $25B buyback as it pivots to AI.
American Express Shares Dip Despite Q1 Profit Beat as Travel Spending Worries Mount
American Express reported Q1 EPS of $4.28, up 18%, and revenue of $18.9 billion, but shares fell 4.3% as investors focused on rising costs and weaker airline spending.
P&G Tops Q3 Estimates, Flags $150M Commodity Hit on Fiscal 2026
Procter & Gamble reported fiscal Q3 net sales of $21.2 billion and core EPS of $1.59, beating estimates. The company warned of a $150 million cost hit from commodities and tariffs in fiscal 2026.