Articles by James Calloway
Sony Faces Legal Challenge Over PlayStation Digital License Terms
Sony's PlayStation digital sales are under legal scrutiny as a class action challenges license terms. The case could impact ¥485 billion in annual revenue.
Tesla Stock Steadies as China Model Y Suspension Concerns Mount
Tesla shares edged up 0.26% premarket as reports of Model Y L rear-suspension issues in China test demand. China, which accounts for 16.6% of Q2 revenue, saw July deliveries fall 32.91% YoY.
Snap Stock Slips 3.6% as Low-Monetization Users Dominate Base
Snap shares declined 3.6% as 62% of daily users reside in low-ARPU regions, overshadowing strong Q2 revenue growth of 19%.
Dell Surges on AI Sales, MongoDB Slumps as Futures Stay Flat
Dell Technologies surged 6.5% after reporting strong AI server demand, while MongoDB dropped 13.7% on soft guidance. Stock futures were little changed as oil and bond yields pressured markets.
Super Micro Revenue Surges 78% but Margin Pressures and Control Gaps Linger
Super Micro's fiscal 2026 sales jumped 77.8% to $39.1 billion, but gross margin slipped to 10.8% and one IT control weakness remains unresolved.
Bradesco ADRs Edge Up 1.2% as High Rates Challenge Earnings Recovery
Bradesco ADRs gained 1.2% to $3.32 as the bank's earnings recovery faces headwinds from Brazil's 14% benchmark rate, despite strong Q2 profit growth.
HPE Stock Surges 3.3% After Hours Ahead of Q3 Earnings
HPE shares climbed 3.3% after hours ahead of its $11.8B Q3 earnings report. Investors eye networking growth and margin sustainability.
Dell Soars 7% After Hours on AI Guidance; MongoDB Tumbles 13%
Dell shares surged 7.2% after hours on raised AI server outlook, while MongoDB dropped 12.5% despite strong results, as tech stocks diverged.
DraftKings Slips 3.5% on $200 Promo, Marketing Costs Surge
DraftKings shares dropped 3.5% after a $200 bonus-bet offer, sparking worries over acquisition costs as Q2 marketing expenses jumped 38.3%.
Dell Surges on AI Server Demand; MongoDB Slides Despite Strong Growth
Dell surged 8.7% after record AI server orders, while MongoDB dropped 12% despite strong growth. Tech stocks were mixed as oil prices and Treasury yields rose.
MongoDB Shares Sink 12.5% Despite Strong Q2 and Raised Outlook
MongoDB shares dropped 12.5% after hours even as the company beat Q2 estimates and raised guidance, with investors focusing on a sequential revenue slowdown and rich valuation.
Credo Stock Tumbles 11.8% as Margin Outlook Overshadows Stellar Revenue Growth
Credo Technology's revenue soared 114.7% in Q1, but weak margin guidance sent shares down 11.8% in after-hours trading.