Articles by James Calloway
Hims & Hers Stock Jumps on FDA's Peptide Policy Review
Shares of Hims & Hers Health climbed sharply after the U.S. Food and Drug Administration said it will reconsider regulations on certain peptides. The company, which acquired a peptide facility last year, sees this as an opportunity to expand beyond the GLP-1 market.
Microsoft Shares Surge on Strong Azure, Copilot Demand Ahead of Q3 Earnings
Microsoft shares gained 4.5% Wednesday following a survey indicating rising enterprise adoption of Azure and Copilot. The company reports fiscal third-quarter results on April 29.
Morgan Stanley Q1 Results Surge on Trading, Wealth Management Strength
Morgan Stanley delivered record first-quarter revenue and profit, exceeding analyst forecasts. Strong performance in equities trading and wealth management fueled the results, with shares gaining in premarket trading.
LiveScore Revenue Surges Past £200M Amid UK Tax Hike Concerns
LiveScore Group reported a 15.3% revenue rise to £206.3M, with operating loss nearly halved. The results come as the UK hikes online gambling tax to 40%, potentially adding £20-25M to its tax bill.
Citigroup Q1 Earnings Surge on Strong Trading and Investment Banking
Citigroup reported a 42% surge in first-quarter profit to $5.8 billion, with revenue climbing 14% to $24.6 billion, marking its strongest quarterly performance in ten years.
J&J Q1 Earnings Surpass Expectations, Lifts 2026 Forecast
Johnson & Johnson exceeded Wall Street's first-quarter forecasts, driven by strong performance from Darzalex and Tremfya. The company raised its full-year 2026 sales guidance.
Wells Fargo Q1 Earnings Top Estimates, Revenue Shortfall Weighs on Stock
Wells Fargo's first-quarter net income rose 7% to $5.25 billion, exceeding analyst expectations. However, revenue and key lending metrics fell short of forecasts, pressuring the stock in premarket trading.
JPMorgan Q1 Profits Soar 13% on Trading Boom, Dimon Flags Economic Risks
JPMorgan Chase kicked off bank earnings with a 13% surge in first-quarter profit, driven by a record performance from its trading desks. CEO Jamie Dimon highlighted an 'increasingly complex' risk environment.
Netflix Q1 Earnings: Wall Street Eyes Ad Revenue and Pricing Strategy
Netflix's upcoming earnings report on April 16 has analysts focused on advertising revenue growth and recent subscription price increases. The company is projected to double ad revenue to $3 billion this year.
Super Micro Board Probe into China Server Diversion Tests Investor Confidence
Super Micro Computer is under a board-driven investigation into claims servers were diverted to China, as U.S. prosecutors allege former associates funneled $2.5B in AI technology. Shareholders will vote on directors at an April 15 meeting.
SBTi Reports 40% Surge in Corporate Climate Targets as Asia Nears European Leadership
Corporate climate commitments validated by the Science Based Targets initiative soared 40% to 9,764 companies by the close of 2025. Asia's rapid expansion, adding 1,216 firms, brings it nearly level with Europe's growth.