Articles by James Calloway
SAP Q1 Beats Estimates on Cloud Strength, Maintains Annual Guidance
SAP beat Q1 estimates with cloud revenue up 27% in constant currencies. Operating profit rose 17% to €2.74B. The company reaffirmed its 2026 targets and full-year guidance.
MaxLinear Soars 23% on AI Optical Demand, Q2 Revenue Guidance Tops Estimates
MaxLinear reported Q1 revenue of $137.2M, up 43% YoY, and issued Q2 guidance of $160M-$170M, far above analysts' $137.1M estimate, fueled by AI data-center demand for optical chips.
Comfort Systems USA Profit Surges on Data Center Boom, Shares Rally
Comfort Systems USA Q1 profit more than doubled to $370.4M, revenue surged 56.5% to $2.87B on data center demand. Backlog hit $12.45B, shares rose 3%.
AmEx Q1 Earnings Beat, But Flat Guidance and Travel Spending Concerns Weigh on Stock
American Express beat Q1 earnings estimates with EPS of $4.28, but shares dropped as the company kept its full-year outlook unchanged and noted pressure on travel spending.
Skillz Stock Skyrockets After $420M False Advertising Win Over Papaya Gaming
Skillz stock soared 187% after a jury ordered Papaya Gaming to pay $420 million for false advertising, with the possibility of an additional $652 million in disgorgement.
United Rentals Soars on Raised Guidance, Record Q1 Revenue
United Rentals shares jumped 22.9% after the company raised its 2026 outlook and posted record Q1 revenue of $3.985 billion.
Figma to Report Q1 Earnings on May 14 Amid AI Rivalry and Board Shifts
Figma reports Q1 earnings May 14 as AI competition heats up, with board changes and CEO Dylan Field controlling 72.3% voting power.
ServiceNow Shares Slide Despite Strong Q1 and Raised Forecast
ServiceNow (NOW) shares tumbled 18.7% after reporting better-than-expected Q1 results and a higher 2026 outlook, as Middle East contract delays and AI concerns weighed on sentiment.
Texas Instruments Surges 16% After Strong Earnings and Outlook
Texas Instruments reported Q1 revenue of $4.83B, up 19%, and forecast Q2 above estimates, sending shares up 16%.
IBM Sales Beat but AI Anxiety Drags Software Stocks Lower
IBM shares tumbled 9.5% despite beating Q1 earnings estimates, as fears that AI tools could erode its software and consulting businesses rattled investors. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%.
IBM Shares Tumble 9.9% Despite Q1 Beat as Flat Forecast, AI Worries Weigh
IBM shares fell 9.9% despite beating Q1 estimates, as a flat 2026 forecast and slowing software growth fueled investor concerns over AI's impact.