Articles by James Calloway
Nasdaq Beats Q2 Estimates on Index and Fintech Growth
Nasdaq (NDAQ) delivered strong Q2 results, with adjusted EPS of $1.07 beating consensus by $0.09, and revenue of $1.50 billion exceeding expectations.
Vale Shares Climb on Q2 Sales Mix Signal of 20% Value Surge
Vale shares advanced after Q2 sales-price mix signaled a 20% value increase. Preliminary estimate reached $9.88B, with copper surging 71.6%.
QuantumScape Shares Slide 11% as PowerCo Program Cap Slashed Despite Billing Growth
QuantumScape tumbled 10.8% as a 42.3% reduction in the PowerCo program ceiling overshadowed a rise in first-half billings, which reached $21.8 million.
Infosys Cuts FY2027 Revenue Guidance Amid AI Growth and ADR Decline
Infosys trimmed its fiscal 2027 revenue forecast to 1.5%-3.0% constant-currency growth, even as AI revenue jumped 49% to $417 million. US ADRs dropped 3.8%.
Thermo Fisher Stock Surges on Strong Instrument Profit Growth
Thermo Fisher shares rose roughly 10% after Q2 revenue beat estimates and the company boosted its profit outlook, driven by strong margin expansion in Analytical Instruments.
Cleveland-Cliffs Surges 17% as Steel Price Upturn Boosts Margins
Cleveland-Cliffs (CLF) shares surged 17% after forecasting Q3 adjusted EBITDA of $575 million, more than double Q2, as higher steel prices boosted margins despite lower shipment volumes.
T-Mobile Shares Slide 6% as Premium Subscriber Growth Outpaces Cash Flow Gains
T-Mobile US (NASDAQ:TMUS) shares dropped over 6% as Q2 service revenue climbed 8.9%, yet adjusted free cash flow rose just 4.4%, highlighting a conversion gap.
Comcast Q2 Wireless Surge Offsets Broadband Revenue Shortfall
Comcast reported strong wireless subscriber additions in Q2, partially offsetting broadband revenue losses. Peacock achieved its first quarterly profit. Shares rose 2.8%.
Blackstone Earnings Beat Expectations as Recurring Fee Revenue Surges
Blackstone beat Q2 earnings estimates with distributable earnings of $1.52 per share. Recurring performance fees fueled revenue growth, but shares slipped.
Tractor Supply Stock Rises Despite Lowered Outlook and Traffic Dip
Tractor Supply shares rose 2.9% premarket after Q2 revenue grew 2.3%, but same-store sales fell 1.5% and the company lowered its 2026 guidance.
RTX Stock Jumps as 2026 Profit Forecast Outpaces Revenue Growth
RTX shares surged 5.6% in premarket trading after the company raised its 2026 earnings guidance by 5.5%, outpacing a 2.7% increase in its sales outlook.
Lockheed Martin Surges on Robust Demand Beyond THAAD
Lockheed Martin shares jumped 6.6% premarket after Q2 earnings beat, with orders surging to $65 billion and guidance raised. Demand remains robust even excluding the massive THAAD contract.