Articles by James Calloway
Workday's $5.1B Takeover Premium Faces Earnings Reckoning
Workday's stock is up 14.6% since buyout reports, embedding a $5.1B premium. Q2 earnings on Thursday will test whether that optimism is warranted.
PDD Q2 Sales Miss Offsets Cash Flow Gains as Loss Hits 7.4B Yuan
PDD Holdings (PDD) reported Q2 revenue of RMB112.36B, missing forecasts by 3.4%, while a RMB7.4B other loss dragged net income down 12% despite improved cash flow.
Wolfspeed Tumbles 19% as AI Boom Fails to Close Revenue Gap
Wolfspeed (WOLF) shares plunged 19% last week to $25.76 after Q4 results showed AI-driven revenue growth still leaves a 34% annualized gap to breakeven. Analysts' average target is $16, a 38% downside.
SkyCity Surges 7.4% as NZ$30M Cost Cuts and Asset Sales Fuel Recovery Optimism
SkyCity (SKC) shares surged 7.4% after unveiling NZ$30M annual cost savings and asset sales, despite FY26 EBITDA falling 22.3%. Analysts see 55% upside.
IBM Stock Soars 15% Post-Earnings, Nears Analyst Price Targets
IBM shares jumped 14.53% since July earnings, closing Friday at $235.68, just 3.92% below analyst targets. Software revenue rose 5% while infrastructure fell 7%.
Visa Stock Nears Record as Services Revenue Jumps 33%
Visa shares climbed for a fourth session, closing within 0.78% of record highs, driven by a 33% jump in value-added services revenue.
Ross Stores Surges $3.2B on Margin Strength Despite Tariff Refund
Ross Stores shares jumped 4.4% as Q2 results beat estimates, with operating margin up 205 bps excluding a $253M tariff refund. Comparable sales rose 10%, and guidance was raised.
Advance Auto Parts Plunges 24.7% as Tariff Refund Masks Underlying Earnings Miss
Advance Auto Parts (AAP) shares tumbled 24.7% last week as a one-time tariff refund masked an underlying earnings miss, raising concerns about consumer spending.
BVB Shares Eye Cup Windfall Despite Supercup Setback
Borussia Dortmund shares closed up 1.1% at €3.205 despite a €21.7M annual loss. The DFB-Pokal offers a €13.11M prize, representing 3.7% of market value.
Home Depot Beats Q2 Forecasts but Stock Slips as Shopper Traffic Wanes
Home Depot beat Q2 estimates but shares fell 0.96% as transactions dropped 1%. A $730M tariff refund aided results. PCE inflation and Jackson Hole loom.
CSL Stock Soars 23% in a Week, Breaking Analyst Price Target
CSL shares jumped 23.3% to A$168.30, beating the average analyst price target of A$163.62, driven by strong cash profit and a positive FY27 outlook.
BVB Shares Face Monday Test After Supercup Loss and Annual Deficit
Borussia Dortmund shares face Monday trading after a Supercup loss and €21.7M annual deficit. Revenue fell 12.5%, but sponsorship income rose 4.5%.