Articles by James Calloway
Stryker Stock Drops 6.5% as Cyberattack Derails Q1 Earnings; 2026 Targets Remain
Stryker shares dropped 6.5% after Q1 earnings missed estimates due to a March cyberattack. Revenue was $6.0B vs $6.35B expected, but 2026 guidance remains unchanged.
Salesforce Restructures AI Revenue Reporting into Two Segments
Salesforce will reorganize its AI-era revenue into two segments, Agentforce Apps and Data 360, starting fiscal 2027. Shares rose 4.13% to $183.82.
Greg Abel Takes Center Stage at Berkshire Hathaway as Cash Pile Swells to $397 Billion
Greg Abel presided over Berkshire Hathaway's annual meeting for the first time as CEO, with Warren Buffett watching from the audience. The conglomerate reported a jump in operating earnings and a record cash pile of nearly $400 billion.
McDonald's Shares Dip Ahead of Earnings, New Drink Launch
McDonald's shares slipped 2.37% on Friday as investors await Q1 earnings and a new beverage launch. The company is rolling out six specialty drinks and adding beverage specialist roles at 14,000 U.S. locations.
eBay Shares Surge on Q1 Beat and GameStop Acquisition Rumors
eBay shares rose 9% in extended trading following a Q1 earnings beat and reports that GameStop may make a bid for the online marketplace.
DocuSign Shares Gain 4% as AI Contract Platform Faces Key Earnings Test
DocuSign shares climbed 4.3% as the company gears up to report fiscal Q1 results, with the market watching for signs of traction from its AI-driven contract platform.
Vanguard Discloses 5.34% Passive Stake in Kraft Heinz Ahead of Q1 Earnings
Vanguard Capital Management disclosed a 5.34% passive stake in Kraft Heinz (KHC), owning 63.3 million shares, ahead of the company's first-quarter earnings report on May 6.
Xanadu Quantum Tech Faces First Earnings Test Since SPAC Debut
Xanadu Quantum Technologies will report Q1 earnings on May 14, its first since listing via SPAC. Focus is on cash burn and progress toward fault-tolerant quantum computing.
Clorox Shares Tumble 9.6% on Lowered Profit Outlook as Energy Costs, Purell Deal Weigh
Clorox slashed its fiscal 2026 profit forecast, sending shares down 9.6%. Rising energy costs, ERP stabilization expenses, and the Purell acquisition are pressuring margins.
Zoom Shares Rally Ahead of Q1 Earnings, AI Strategy in Focus
Zoom shares rose 6.6% to $103.60 ahead of its May 21 earnings report. The company's AI push and enterprise growth are key tests for the stock.
Newell Brands Shares Surge on Upgraded 2026 Forecast Amid Sales Challenges
Newell Brands shares rose about 9% after the company boosted its 2026 sales and earnings outlook, citing stronger-than-expected demand and margins, though core sales still declined 3.5%.
nVent Electric Surges on Data Center Demand, Raises 2026 Outlook
nVent Electric raised its 2026 sales and profit forecasts after Q1 net sales surged 53% to $1.24 billion, driven by data-center demand for liquid cooling and power equipment.