Articles by James Calloway
Sandisk Gets Buy Rating and $1,600 Target Ahead of Investor Day
Argus Research upgrades Sandisk to Buy with a $1,600 target, citing long-term contracts. Investor Day on Thursday will test the margin trade-off.
Ambiq Q2 Revenue Soars 90%, Supply Constraints Loom
Ambiq Micro's Q2 revenue jumped 90% to $33.9M, beating estimates, but supply constraints could limit future growth. Shares rose 6% premarket.
JBS Names New CEO as Q2 Loss Misses Forecasts
JBS posts a surprise $102.1 million Q2 loss and appoints Wesley Batista Filho as CEO, effective January 2027.
Ouster Expands Utah Lidar Network to Nearly 300 BlueCity Sites
Ouster (OUST) expands BlueCity lidar in Utah by 160 intersections, approaching 300 sites. Q2 revenue up 56% to $54.6M, though net loss remains.
Smithfield Cuts 2026 Profit Guidance Despite Q2 Beat
Smithfield Foods trimmed its 2026 profit forecast by $100 million at the midpoint, even as Q2 results topped analyst expectations amid margin pressure in packaged meats.
Berkshire Hathaway Boosts Buybacks and Equity Purchases Under New CEO
Berkshire Hathaway (BRK.B) repurchased $4.5B in Q2 2026 and invested $23.5B in equities, signaling a shift in capital allocation under CEO Greg Abel. Operating profit rose 16% to $12.98B.
Ferguson Stock Climbs on Robust Non-Residential Demand
Ferguson's shares advanced 2.8% after the company raised its 2026 guidance, citing robust non-residential demand. Q2 sales rose 4.6% and adjusted EPS grew 5.3%.
Rocket Lab Slides 7% as Neutron Delay, Margin Concerns Offset Record Revenue
Rocket Lab shares dropped 7% after hours as investors focused on Neutron's delayed timeline and soft margin forecast, despite a record revenue quarter.
AAON Stock Slips 5.9% Despite Record Sales as Margin Outlook Dips
AAON shares fell 5.9% despite record Q2 sales, as a lowered gross-margin outlook overshadowed a strong earnings beat.
Life360 Plunges 24% as Record Q2 Revenue Fails to Lift 2026 Outlook
Life360 shares tumbled 24% after record Q2 revenue of $159M failed to boost its 2026 outlook. Full-year guidance remained steady, disappointing investors.
Amazon Hits $3 Trillion Market Cap as AWS Drives Record Profits
Amazon's market value crossed $3 trillion as AWS delivered 60% of operating profit. Q2 sales exceeded $200B, with AWS revenue up 37%.
