Articles by James Calloway
Chipotle Shares Surge 7% as Chicken Menu Revives Comparable Sales Growth
Chipotle posted a 0.5% increase in first-quarter comparable sales, reversing declines and topping analyst forecasts. Shares rose 7% after hours.
Big Tech Earnings Show AI Cloud Surge, but Spending Worries Weigh
Alphabet shares surged on strong cloud earnings, but Meta, Amazon, and Microsoft fell as investors weighed AI spending plans. The four firms are on track to invest over $600 billion in AI infrastructure.
Ford's $1.3B Tariff Refund Boosts Q1 Earnings, Aluminum Costs Loom
Ford raised its 2026 profit outlook after a $1.3 billion tariff refund boosted Q1 net income to $2.5 billion, but aluminum cost headwinds and ongoing EV losses present challenges.
Carvana Shares Surge on Record Q1 Revenue and Net Income Beat
Carvana reported record Q1 revenue of $6.43B and net income of $405M, beating Wall Street estimates. Shares rose 10% after hours, though margins narrowed.
Phillips 66 Surprises with Q1 Profit as Refining Margins Strengthen
Phillips 66 posted a surprise Q1 adjusted profit of $0.49 per share, beating estimates of a loss, as robust refining margins and 95% utilization offset $839 million in hedge losses. Shares rose over 6%.
Extreme Networks Soars 28% on Strong Q3 Earnings and Upbeat Forecast
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million and non-GAAP EPS of 26 cents, beating estimates. Q4 revenue guidance of $330-$335 million also topped expectations.
Amazon Q1 Revenue Surges 17% as AWS Growth Accelerates to 28%
Amazon Q1 revenue rose 17% to $181.5B, beating estimates, as AWS growth hit 28%. Net income was boosted by a $16.8B Anthropic gain, but free cash flow fell to $1.2B.
Vita Coco Stock Jumps 27% on Q1 Beat, Upbeat 2026 Forecast
Vita Coco shares surged 27% Wednesday after Q1 net sales jumped 37% to $180M, beating estimates. The company raised its 2026 revenue outlook to $720-$735M, driven by strong coconut water demand.
Sagtec Global Soars on Record Revenue, But Profit Pressures Loom
Sagtec Global shares jumped 38% on record 2025 revenue of $19.1M, up 49%, driven by services growth. But operating income fell 9% and EPS dropped to $0.09, reflecting expansion costs after its Nasdaq IPO.
General Dynamics Soars on Strong Submarine, Jet Orders; 2026 Outlook Raised
General Dynamics shares surged 10.9% after Q1 earnings and revenue topped estimates, driven by submarine and Gulfstream jet orders, lifting its 2026 outlook.
Teva Surges 11% as Branded Drugs Drive Q1 Beat, Emalex Deal Adds Tourette Candidate
Teva beat Q1 estimates with adjusted EPS of $0.53 on $3.98B revenue, as branded drug sales surged 41%. Shares rose 11% on the news.
Silicon Motion Shares Surge 30% on Record Q1 Sales, AI Storage Demand
Silicon Motion posted a record Q1 with revenue doubling to $342.1M, driven by AI storage demand. Shares jumped 30% as the company issued a strong Q2 forecast.