Articles by James Calloway
Texas Instruments Surges 16% After Strong Earnings and Outlook
Texas Instruments reported Q1 revenue of $4.83B, up 19%, and forecast Q2 above estimates, sending shares up 16%.
IBM Sales Beat but AI Anxiety Drags Software Stocks Lower
IBM shares tumbled 9.5% despite beating Q1 earnings estimates, as fears that AI tools could erode its software and consulting businesses rattled investors. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%.
IBM Shares Tumble 9.9% Despite Q1 Beat as Flat Forecast, AI Worries Weigh
IBM shares fell 9.9% despite beating Q1 estimates, as a flat 2026 forecast and slowing software growth fueled investor concerns over AI's impact.
FirstEnergy Ohio Rate Plan to Raise Monthly Bills by Up to $5.30
FirstEnergy's Ohio utilities plan to file a three-year rate proposal by May 22, aiming to fund $800M in annual grid improvements and $83M for tree trimming, which could increase monthly bills by $4.26-$5.30 for typical households.
American Airlines Q1 Revenue Record, but $4B Fuel Cost Surge Hits 2026 Outlook
American Airlines posted record Q1 revenue but slashed its 2026 profit outlook due to a $4 billion fuel cost surge. Shares fell 28 cents premarket.
Lockheed Martin Q1 Earnings Miss as F-16 and C-130 Delays Hit Margins
Lockheed Martin's first-quarter earnings missed estimates as delays in F-16 and C-130 programs squeezed margins, sending shares down 2.8% premarket.
Comcast Revamps Xfinity Mobile with Simplified Pricing and Device Protection
Comcast introduces streamlined Xfinity Mobile plans with flat per-line pricing, ending multiline discounts, and adding device protection to the premium tier amid record wireless growth.
Intel Q1 Earnings: AI CPU Optimism Faces Reality Test After 78% Stock Rally
Intel reports Q1 earnings Thursday after a 70% stock surge. Analysts see revenue slipping 1.9% and adjusted profit falling nearly 90%, with AI CPU hopes facing supply and demand realities.
Super Micro Faces May 26 Deadline as Legal and Regulatory Woes Loom
Super Micro Computer faces a May 26 lead plaintiff deadline in a securities lawsuit over undisclosed China sales and export-control lapses. The stock rose 2.7% but remains under pressure from criminal charges and regulatory uncertainty.
Heineken's Q1 Revenue Tops Estimates, Beer Volume Slips
Heineken's Q1 revenue beat estimates, but beer volumes fell 0.8% and shares dropped. The brewer kept its 2026 profit outlook amid mixed regional performance.
Tesla Beats Q1 Profit Forecasts, But Heavy Spending Plans Raise Concerns
Tesla beat profit estimates in Q1 with $22.4B revenue, but warned free cash flow will likely turn negative for the rest of 2026 as it ramps up spending on robotaxis and AI.