Articles by James Calloway
IREN Stock Rises Ahead of Q3 Earnings; Mirantis Deal and AI Pivot Under Scrutiny
IREN Ltd. shares rose 1.6% to $61.94 ahead of fiscal Q3 earnings, with focus on AI cloud revenue from its $625M Mirantis deal and the new Sweetwater 1 data center.
SoundHound AI Earnings Preview: Options Signal 16% Swing as OASYS Launch and LivePerson Deal Loom
SoundHound AI shares rose 2.3% to $9.59 ahead of Q1 earnings. Options pricing implies a nearly 16% swing. Wall Street expects $42.56M in revenue and a 5-cent loss per share.
Beyond Meat Plunges 14% on Weak Q2 Forecast Amid Plant-Protein Rebrand
Beyond Meat shares tumbled 14% after the company projected Q2 revenue of $60-$65 million, below analyst expectations, as Q1 sales continued to decline.
Oklo Gains NRC Approval for Aurora Design, but Commercial Hurdles Remain
Oklo Inc. received NRC approval for its Aurora powerhouse design, halving the review time. Yet, the company has no built plants or binding power deals, and faces significant hurdles.
Lumentum's AI Sales Surge 90% but Stock Falls on Revenue Miss
Lumentum's fiscal Q3 revenue surged 90% year over year to $808.4M, driven by AI demand, but the stock dropped 5% on a slight revenue miss and supply bottlenecks.
Whirlpool Shares Tumble 20% on Profit Warning, Dividend Suspension, and Iran Conflict Impact
Whirlpool shares fell 20% after cutting its 2026 profit outlook, suspending dividends, and blaming the Iran war for a sharp drop in U.S. appliance demand.
GM Recalls 40,440 Brake Fluid Bottles Over Sediment Contamination
General Motors is recalling 40,440 bottles of ACDelco brake fluid due to sediment that could impair braking, a potential safety hazard.
McDonald's Q1 Earnings Beat: Value Strategy Under Scrutiny as U.S. Traffic Wavers
McDonald's beat Q1 earnings estimates with revenue up 9% to $6.517B, but U.S. same-store sales missed targets and traffic was uneven, testing value meal strategy.
Celsius Hits Record Revenue on Alani Nu, Rockstar Strength
Celsius posted record Q1 revenue of $782.6M, up 138%, beating analyst estimates. Shares jumped 10% premarket as Alani Nu and Rockstar drove growth, though gross margin slipped to 48.3%.
Datadog Shares Surge on Q1 Earnings Beat and AI-Driven Revenue Outlook
Datadog shares surged 24.4% in premarket trading after Q1 revenue rose 32% to $1.006B and adjusted EPS of $0.60 beat estimates. The company raised its 2026 revenue outlook to $4.34B, citing AI-driven demand.
AppLovin's AI-Driven Q1 Surge and Bullish Outlook Rekindle Investor Interest
AppLovin posted Q1 revenue of $1.84 billion (up 59%) and a Q2 outlook above estimates, fueled by its AI ad platform. Shares fell 1.9% premarket after initial gains.
DoorDash's $100M Fuel Aid Highlights Gig Economy Cost Pressures
DoorDash is spending $100M on driver gas relief in H1 2026, with Q1 orders up 27% but revenue missing estimates. Shares rose 11% on higher Q2 guidance.