Articles by James Calloway
Ondas Stock Tumbles 9.7% on Widening Losses Despite Record Backlog
Ondas shares dropped 9.7% after the company reported a $50.6 million adjusted EBITDA loss, overshadowing a record $757 million backlog and 67% revenue growth.
IREN Drops 12.5% as AI Revenue Growth Fails to Offset $703M Loss
IREN shares plunged 12.5% after the company announced $4 billion in AI contracts alongside a $703 million annual net loss, raising concerns about its transition from bitcoin mining to AI infrastructure.
Nvidia's $251B Slide: Margin Outlook Tempers AI Rally
Nvidia (NVDA) dropped 4.57%, losing $251B on Friday as Q3 margin guidance cooled the post-earnings rally. Despite strong growth, investors balked at the outlook.
DraftKings Marketing Spend Climbs to 22% of Revenue as Q2 Costs Rise
DraftKings' Q2 marketing spend rose to 22.3% of revenue, up from 15.4% a year ago, as shares gained 4.3% on Friday. The company's latest bonus offer targets NFL season sign-ups.
Salesforce Climbs 1.6% as AI Strength Tests Analyst Targets
Salesforce shares advanced 1.6% to $256 on 2.3x average volume, extending a post-earnings rally. AI revenue momentum and raised guidance test analyst price targets.
UiPath Shares Edge Lower Ahead of Q2 Earnings; Valuation at 4.9x ARR
UiPath (PATH) slipped 1% to $18.15 as investors await Q2 results due Sept 3. With a $9.4B market cap and ARR guidance of $1.929B-$1.934B, the stock trades at 4.9x projected ARR.
Micron Stock Slight Dip Masks Strong AI Memory Outlook
Micron shares dipped 0.25% to $932.86, but strong Q3 results and an 86% gross margin forecast for Q4 underscore solid AI memory demand.
Coca-Cola Gains 0.7% as Margin Expansion Caps Upside
Coca-Cola (KO) closed up 0.67% at $89.66 on Friday, as Q2 revenue rose 7% to $13.4B and operating margin expanded to 34.9%. Analysts see 7% upside.
Nokia Stock Dips 3.6% Despite AI Revenue Surge as Restructuring Costs Weigh
Nokia's ADRs dropped 3.6% despite AI revenue doubling, as restructuring costs pushed reported operating profit to a loss. Analysts still see 47% upside.
Vistra Stock Dips 2% as $472M Hedge Loss Masks Strong Core Growth
Vistra (VST) shares slipped 2% as a $472M hedging loss overshadowed a 31% EBITDA jump. Analysts remain bullish with a $217.42 price target.
Marvell Tumbles 10% as Investors Eye Delayed Google AI Revenue
Marvell (MRVL) shares dropped 10.3% despite record Q2 revenue, as investors focused on the delayed timeline for Google custom AI chip revenue, now expected in fiscal 2029.
American Airlines Stock Slides on Fuel Costs Despite Record Q2 Revenue
American Airlines (AAL) fell 0.6% to $13.64 despite record Q2 revenue of $16.7 billion, as fuel costs surged 83% and net margin shrank to 0.4%. The company expects a Q3 adjusted loss.