Articles by James Calloway
Meta Plunges 5% After Hours as Free Cash Flow Craters 91% on AI Spend
Meta shares dropped 5% in after-hours trading after reporting a 91% plunge in free cash flow to $780 million, as AI investments consumed 97.5% of operating cash flow.
Robinhood Stock Dips as Event Contracts Outpace Crypto Revenue
Robinhood (HOOD) shares declined 3.3% after hours as event-contract revenue of $156 million surpassed cryptocurrency revenue of $100 million in Q2.
Microsoft Azure Growth Surprises to the Upside, Easing AI Spending Fears
Microsoft shares gained about 3% in extended trading after Azure revenue surged 43%, surpassing consensus estimates and alleviating market worries about the company's massive AI infrastructure spending.
Humana's Medicare Advantage Restructuring Overshadows Strong Q2 Results
Humana's Q2 earnings beat was overshadowed by a major Medicare Advantage restructuring that will affect 600,000 members by 2027, sending shares down 6.8%.
Caterpillar Shares Slide on Baird Downgrade Amid Data Center Policy Concerns
Caterpillar shares dropped 6.4% after Baird downgraded the stock, citing policy risks from New York's data center permit limits that could impact demand.
Garmin Shares Surge 17% on Q2 Margin Expansion and Upgraded Outlook
Garmin shares soared 17% after Q2 operating margin surged to 30.4%, prompting a valuation rerating. The company raised its 2026 EPS outlook to $10, well above consensus.
Avantor Surges 15% on Sales Beat, but Margin Concerns Persist
Avantor (AVTR) shares surged 15% after Q2 results beat estimates, but margin and cash-flow targets remained unchanged, signaling a demand reset.
Grab Holdings Slips as Q2 Profit Hurdle Dims Revenue Milestone
Grab shares slipped around 2% to $3.38 as Q2 revenue consensus of $1.0B is overshadowed by profit conversion concerns and higher incentive costs.
Sandisk Stock Plunges 55% in July as 80% Margins Face Scrutiny
Sandisk shares have tumbled 55% in July, leaving the stock at a potential discount if its 80% margins prove sustainable, but a steep price if they erode.
Amphenol Stock Jumps 7.6% on Strong Q2 Beat and Doubled CommScope EPS Outlook
Amphenol shares rose 7.6% after Q2 earnings beat estimates and the company doubled its expected EPS benefit from the CommScope acquisition to $0.30 per share.