Articles by James Calloway
Lantronix Surges After-Hours as Unmanned Systems Poised to Drive 15-20% of Revenue
Lantronix shares surged 12.5% after-hours as the company reported robust Q4 earnings and projected unmanned systems to account for 15-20% of fiscal 2027 revenue.
Marvell Stock Surges on AI Optimism Ahead of Earnings
Marvell shares rose 3.6% in after-hours trading as Nvidia's strong outlook boosted AI sentiment. Options market anticipates a $22 billion swing ahead of Thursday's earnings report.
Nutanix Jumps 7% After Q4 Beat, FY2027 Outlook Reaffirmed
Nutanix (NTNX) shares rose 7.2% in after-hours trading after Q4 revenue and profit beat estimates, with FY2027 guidance reaffirmed. Market value climbed $1.27 billion.
Veeva Systems Surges 8% on AI Demand, Lifts Full-Year Forecast
Veeva Systems (VEEV) shares climbed 8.2% in after-hours trading, adding $3.3 billion in market cap, after the company raised its full-year sales outlook on robust AI demand.
Synopsys Stock Dips 2.8% Despite AI-Driven Guidance Lift
Synopsys (SNPS) shares dropped 2.8% after hours despite strong Q3 results and an AI-fueled guidance hike, as investors questioned the modest raise.
HP shares tumble 9% as PC shipments drop 16%, erasing $2.5B
HP shares slid 9% after PC shipments fell 16% in fiscal Q3, wiping out $2.5B in market value. Revenue beat estimates, but net income dropped 13.4%.
Okta Stock Soars 15.7% on Strong Backlog Growth and Raised Forecast
Okta shares jumped 15.7% after hours as Q2 results beat expectations and the company raised its full-year forecast, driven by accelerating backlog growth.
Salesforce Surges 12.7% on AI Revenue Strength, Market Cap Jumps $22.8B
Salesforce shares surged 12.7% in after-hours trading as AI-related annual recurring revenue approached $3.9 billion, driving a $22.8 billion market value increase.
CrowdStrike Jumps 11% on Record ARR, Raises Annual Forecast
CrowdStrike (CRWD) shares soared 10.9% after reporting record net new ARR of $332.8M and raising its fiscal 2027 outlook, adding $21B in market value.
Nvidia's AI Bet: $366B in Commitments, Stock Slips 1.8%
Nvidia beat Q2 expectations with $96.2B revenue, but shares fell 1.8% as AI commitments reached $366B. Q3 guidance of $108B also exceeded consensus.
Snap Shares Tumble 8% on Youth Safety Lawsuit and Meta Settlement
Snap shares dropped nearly 8% as a Pennsylvania youth-safety lawsuit and Meta's $18 billion settlement spooked investors, wiping out about $791 million in market value.
Qantas Doubles Loyalty Rewards in 8-Day Push Ahead of FY Results
Qantas launches an 8-day double rewards promotion for its 18.3 million loyalty members, with Loyalty EBIT up 12% to A$286 million. Stock slips 0.32% ahead of Thursday's earnings.