Articles by James Calloway
Sysco Shares Dip 3.6% on Sales Miss as Restaurant Demand Weighs on $29B Deal
Sysco shares dropped 3.6% after quarterly sales missed estimates, reflecting sluggish restaurant demand. The company reaffirmed its full-year outlook and highlighted local restaurant sales growth.
BigBear.ai Shares Surge Ahead of Q1 Earnings Amid Key 2026 Test
BigBear.ai shares rose 8% to $4.03 ahead of Q1 earnings due May 5, with trading volume near 50.5 million. Investors eye the $250 million Ask Sage acquisition and revenue guidance.
Navitas Shares Tumble 17% as AI Power Chip Rally Faces Earnings Scrutiny
Navitas Semiconductor shares dropped 17% on Tuesday as the AI power chip rally hit an earnings test. Analysts expect a Q1 loss of $0.05 per share on $8.18 million revenue.
Zimmer Biomet Stock Falls 9% Despite Earnings Beat and Raised Forecast
Zimmer Biomet shares dropped 9% Tuesday after beating Q1 estimates and raising its 2026 profit forecast, as investors focused on an unchanged sales outlook and the CFO's exit.
Omnicell Shares Jump 17.5% on Q1 Beat, Raised 2026 Guidance
Omnicell shares jumped 17.5% after Q1 results topped estimates and the company raised its 2026 profit outlook, citing strong demand for its Titan XT system.
Centene Lifts 2026 Forecast After Q1 Earnings Beat on Medical Costs
Centene raised its 2026 profit outlook after Q1 earnings beat estimates, citing better medical cost management. Shares jumped over 6%.
Microsoft Shares Steady Ahead of Azure Earnings Test
Microsoft shares edged up 0.3% to $426.14 Tuesday as investors await fiscal third-quarter earnings. Azure revenue is expected to rise about 40%.
Ulta Beauty Shares Dip as Investors Eye AI Strategy Impact
Ulta Beauty shares continued their slide Tuesday as the market weighs the retailer's AI push and 2026 outlook. The stock is down 24.5% from its February peak.
American Tower Lifts 2026 Guidance After Strong Q1 Results
American Tower raised its 2026 forecast after Q1 revenue rose 6.8% to $2.74 billion and net income surged 76.2%, both topping estimates. Shares gained 1.9%.
Celestica Stock Tumbles Despite AI Demand Surge and Upgraded Forecast
Celestica raised its 2026 revenue forecast to $19B after a strong Q1, yet shares fell 15% as market expectations outpace growth.
Apple Stock Edges Up Ahead of Earnings; UBS Highlights iPhone Gains
Apple shares gained 1.1% to $270.59 on Tuesday ahead of earnings, as UBS lifted its price target to $287 on iPhone strength. The report is the first since the CEO transition announcement.