Articles by James Calloway
SoFi Stock Rebounds 8% as Tax Rate Hikes Offset Strong Q2 Beat
SoFi shares rebounded 8% on Thursday after a Q2 earnings beat, but increased tax guidance left full-year EPS unchanged at $0.60, offsetting the upside.
AXT Soars 27% on Record InP Sales and Margin Surge
AXT (NASDAQ:AXTI) shares surged 27% in premarket trading after the company reported record indium phosphide sales, driving gross margin to 44.9% and Q3 guidance well above consensus.
Reddit Stock Slides 10% as Overseas User Growth Outpaces Revenue
Reddit shares dropped 10% in premarket trading despite beating Q2 estimates, as investor focus shifted to the weak monetization of its rapidly growing international user base.
Apple Stock Tumbles 7% as Tariff Refund Masks Underlying Earnings Miss
Apple shares dropped 7.3% premarket after Q3 results, with the EPS beat largely due to a one-time tariff refund. Supply constraints and weak guidance overshadowed record revenue.
Amazon Stock Surges 12% as AWS Profit Engine Eases AI Spending Fears
Amazon shares rose 12% premarket after AWS profit growth eased concerns about heavy AI spending, with cloud operating income up 63.6%.
Kioxia Announces ¥800B Buyback as AI Demand Drives Profit Surge
Kioxia Holdings unveiled a ¥800 billion buyback after Q1 profits soared on AI demand, but its Q2 guidance fell short of consensus. Shares jumped 17.7%.
Microsoft's Cash Engine Outshines Meta's AI Splurge
Microsoft added $450B in market value on robust free cash flow, while Meta lost $120B amid heavy AI spending, highlighting the importance of cash conversion.
Monolithic Power Systems Surges 10% After-Hours on Strong AI Demand and Q3 Guidance
Monolithic Power Systems (MPWR) rose 10% after-hours as Q2 revenue beat estimates and Q3 guidance exceeded consensus by 16.5%, with Enterprise Data and Communications driving 93% of growth.
Western Union Shares Tumble 14% on Profit Warning, Dividend Yield Soars
Western Union (WU) shares plunged 14% after slashing its 2026 profit outlook, with the dividend yield rising to 13.5% as Q2 earnings missed estimates.
AXT Soars on AI Wafer Demand, Strong Margins and Guidance
AXT stock jumped 57% after a Q2 beat and strong Q3 guidance, fueled by AI-driven demand for indium-phosphide wafers and robust margin expansion.

