Articles by James Calloway
Iovance Soars 43% on Record Amtagvi Sales, Manufacturing Milestone
Iovance shares surged 43% after Q2 revenue beat estimates, driven by Amtagvi sales and a major improvement in gross margin, signaling a manufacturing turning point.
Doximity Stock Soars 70% on AI Revenue Optimism, Despite Guidance Cut
Doximity (NYSE:DOCS) jumped 70% premarket after raising revenue guidance, but EBITDA forecast was cut. AI Search revenue expected in Q3, driving valuation optimism.
UiPath Stock Surges 29% Ahead of Q2 Earnings, But Analysts Remain Cautious
UiPath shares rallied 29% since late July, closing at $14.00 on Thursday. Trading volume spiked, but analysts' average target sits 5% below the current price.
Trade Desk Plunges 28% on Weak Q3 Guidance, Monetization Worries
The Trade Desk (TTD) drops 28% premarket after Q2 revenue miss and weak Q3 guidance, sparking concerns over monetization and competition.
Hertz Stock Surges on Q2 Earnings Beat, Pricing Power Drives Revenue
Hertz reported Q2 revenue of $2.396B, up 10% YoY, driven by pricing. Adjusted loss of $0.11 beat expectations. Shares surged 21.8% premarket.
Intel Stock Climbs Premarket as Profit Forecasts Surge
Intel shares pointed higher premarket on Friday as analyst estimates for Q3 and full-year earnings surged, reflecting strong Q2 results and improving foundry economics.
SoundHound AI Stock Climbs 10% on Q2 Beat, But Guidance Raises Concerns
SoundHound AI (SOUN) shares gained 10% after Q2 revenue surged 45% to $61.9M, beating estimates, but guidance midpoint only rose 1%.
Chime Shares Leap 21% on Strong Q2 and Raised Full-Year Guidance
Chime Financial (NASDAQ:CHYM) jumped 20.6% after Q2 revenue beat and raised full-year guidance, with revenue midpoint up $60M and EBITDA up $46.5M.
Innodata Surges 10% on Q2 Beat, Guides to Strong H2 Growth
Innodata (INOD) shares rose 10% after Q2 earnings beat, with revenue up 58% and EBITDA up 92%. Despite a new $300M share sale plan, the company reaffirmed strong growth guidance.
Rigetti's Q2 Revenue Soars 185% but Client Concentration and Rising Losses Weigh on Shares
Rigetti Computing's Q2 revenue jumped 185% to $5.14M, led by quantum system sales, yet investor sentiment cooled as operating losses widened and revenue remained concentrated among a few customers.
Rocket After-Hours Slide Masks Record Mortgage Share
Rocket Companies (RKT) shares fell after-hours as Q2 revenue missed despite record mortgage share, with lower-margin channels pressuring revenue.
Twilio Soars 16% on Strong Q2 Results and Raised Full-Year Guidance
Twilio (NYSE:TWLO) surged 16% after hours as Q2 results topped expectations and the company lifted its full-year guidance, signaling a strong turnaround from last year's slump.