Articles by James Calloway
Starbucks Shares Surge on Raised Outlook and Strong Q2 Sales
Starbucks shares surged 10% after Q2 global comparable sales rose 6.2%, beating estimates, and the company raised its fiscal 2026 outlook, signaling CEO Niccol's turnaround is working.
Teradyne Tumbles 16% on Weak Guidance Despite Record AI-Driven Quarter
Teradyne dropped 16% after guiding Q2 sales and profit below Q1 levels, even as record AI-related revenue fueled a 87% YoY surge in the first quarter.
Mastercard Shares Surge Ahead of Earnings Following Visa's Strong Results
Mastercard shares jumped 3.8% to $526.90 as investors cheered Visa's earnings beat and raised outlook, setting the stage for Mastercard's own Q1 report on Thursday.
GE HealthCare Cuts 2026 Profit View on Rising Costs, Stock Plunges
GE HealthCare cut its 2026 profit forecast as rising chip, oil, and freight costs, along with tariffs, squeezed margins. Shares fell nearly 13%.
New US Export Curbs Target Applied Materials, Chip Tool Shipments to China's Hua Hong
The US Commerce Department ordered Applied Materials, Lam Research, and KLA to halt some chip-tool shipments to China's Hua Hong, targeting advanced chip production facilities. AMAT shares fell 5.8%.
Cognizant Shares Slide as Weak Guidance, Cost-Cutting Plan Overshadow $600M AI Deal
Cognizant shares dropped after second-quarter revenue guidance fell short of analyst forecasts, overshadowing a $600 million deal for AI firm Astreya and a new cost-cutting program.
NXP Surges on Auto Chip Revival and Strong Forecast
NXP shares jumped up to 25% after the company forecast Q2 revenue and profit above Wall Street estimates, signaling a rebound in automotive and industrial chip demand.
Google Parent Alphabet Faces AI Spending Scrutiny Ahead of Q1 Earnings
Alphabet reports Q1 earnings Wednesday. Analysts expect $107B revenue, with focus on AI spending, Google Cloud growth, and Gemini's impact.
Enphase Energy Shares Tumble as Q1 Earnings Reveal Persistent Solar Demand Weakness
Enphase Energy shares fell 7.3% after Q1 revenue dropped to $282.9 million and a GAAP loss of $7.4 million, as U.S. solar demand continued to decline. Adjusted earnings beat estimates, but investors remain skeptical.
Western Digital Shares Climb on Seagate's Strong AI Storage Outlook
Western Digital (WDC) shares surged 9.3% after Seagate's (STX) strong quarterly outlook boosted the storage sector, highlighting AI-driven demand for HDDs.
Generac Surges on Raised 2026 Outlook as Data Center Demand Drives Growth
Generac raised its 2026 outlook after Q1 net sales rose 12%, driven by data center demand. Shares jumped 11% as adjusted EPS of $1.80 topped estimates.
Lemonade Surges on Q1 Revenue Beat, Lifts 2026 Guidance
Lemonade shares jumped 5.6% premarket after Q1 revenue surged 71% to $258M, beating estimates. The company raised its 2026 revenue outlook to $1.203B and narrowed its net loss.