Articles by James Calloway
Ulta Beauty Stock Slips 2.9% Post-Market Despite Raised Guidance
Ulta Beauty (ULTA) shares dropped 2.9% after hours even as the company raised its full-year outlook after a strong Q2 beat.
Marvell's AI Surge Fails to Impress as Shares Dip 7.6%
Marvell's record Q2 revenue of $2.74B and strong AI growth couldn't prevent a 7.6% after-hours selloff, as investors focused on softer margin guidance.
IREN Stock Plunges on $639M AI Transition Charge
IREN shares dropped nearly 6% after hours as a $638.8M impairment charge from its AI transition turned an $86.9M profit into a $702.6M loss.
Affirm Stock Jumps 8.6% After Hours on Record GMV and Strong Guidance
Affirm's after-hours surge followed record quarterly GMV of $14.1B and upbeat fiscal 2027 guidance, signaling robust growth in its card business.
Workday Stock Dips 7% on Soft Subscription Outlook
Workday (WDAY) shares dropped 7% after hours after Q3 subscription revenue guidance came in below expectations, despite Q2 earnings beat and strong AI adoption.
Gap Stock Jumps 15% on Strong Core Brand, Raised Profit Guidance
Gap shares soared 15.4% after hours to $24.00 as the namesake brand posted 10% comparable sales growth and the company lifted its full-year profit outlook.
Rubrik Stock Dips 9% on Profit Taking Despite Strong Q2 Beat
Rubrik (RBRK) shares dropped 9.3% after hours despite a strong Q2 beat, as investors took profits after a recent rally. The company raised full-year guidance.
SentinelOne Stock Slips 3% on Lowered Profit Outlook Despite Revenue Beat
SentinelOne shares dropped 3.1% after hours as the company raised its revenue outlook but lowered its adjusted EPS forecast, overshadowing strong Q2 results.
Autodesk Stock Slips 5% as Cash Flow Forecast Cuts Into Strong Revenue Growth
Autodesk shares dropped 5% in after-hours trading as investors weighed strong Q2 revenue growth against a lowered free cash flow forecast due to acquisition costs.
Synopsys Soars 10.7% as AI-Driven Demand Boosts Outlook
Synopsys shares surged 10.7% after reporting strong Q3 results and raising its full-year outlook, driven by AI-fueled chip design demand.
Hormel Stock Plunges 9% on Retail Volume Drop, Sales Forecast Cut
Hormel (HRL) shares dropped 9% after retail volume fell 9% and the company cut its full-year sales outlook. Foodservice gains failed to offset the weakness.
Best Buy Stock Slips 5% Despite Strong Q2 and Raised Guidance
Best Buy shares dropped 5.4% despite beating Q2 estimates and raising guidance. A $34M tariff refund drove most of the margin gain, but valuation concerns persist.