All articles tagged with #earnings
AutoZone beat quarterly earnings and revenue estimates for its latest quarter, posting EPS of $38.07 on $4.84 billion in revenue, but its shares fell more than 10% on the day, on pace for the worst single-day drop in over six years as investors weigh slower international growth, margin compression, and ongoing inflation, energy costs, and potential supply-chain disruptions affecting lubricants and related parts.
Forbes’ 2026 ranking names the 10 highest-paid athletes worldwide, highlighting how salaries, winnings, and lucrative endorsements push total earnings higher, with a mix of soccer stars and NBA players leading the list.
U.S. stocks are on track to finish the week higher, with the Dow reaching a record close as traders weigh a postponed AI-order signing by Trump, earnings news from Richemont and Estee Lauder, elevated oil costs, and a booming Pokémon-card market.
Stocks edged higher as quantum-computing names led gains after the Commerce Department announced $2 billion in incentives under the CHIPS and Science Act. The Dow rose 364 points (0.7%), while the S&P 500 and Nasdaq gained about 0.6%. Notable moves included Merck’s China study-positive drug data, BJ’s Wholesale Club beating earnings, IMAX exploring a potential sale, and Lenovo rallying on strong AI-driven revenue. Premarket movers featured Booz Allen Hamilton and Generac higher, with Futu dropping on a China crackdown. Global markets were broadly higher, Asia in particular, as investors weighed inflation trends and Fed policy expectations, with Nordea signaling a likely rate hold for now.
Nvidia posted fiscal Q1 revenue of $81.6B, up 85% year over year, with data center revenue totaling a record $75.2B. The board approved a 25x jump in the quarterly dividend to $0.25 per share (about $1 annualized) and added $80B to the share repurchase program, bringing total buybacks to roughly $120B. Free cash flow was about $48.6B, and management guided Q2 revenue to about $91B, signaling further acceleration, as the AI-driven growth story strengthens despite risks in China and among customers designing their own chips.
Nvidia reported a record first-quarter 2027 with revenue up 85% to over $81 billion and GAAP net income of $58 billion, driven by demand for Blackwell GPUs and the Rubin CPU platform set to ship in Q3. Management signaled continued AI-driven growth and a path toward up to $1 trillion in revenue from Blackwell and Rubin through 2027. History suggests the stock often dips in the days after earnings but tends to rise over the following six months, and at about 26x forward earnings it remains a potentially compelling long-term play for investors who believe in Nvidia’s AI leadership, even if near-term moves are unpredictable.
NIO posted RMB25.5B in total revenues for Q1 2026 and delivered 83,465 vehicles (up 98.3% YoY), with vehicle margin at 18.8% and gross margin at 19.0%; GAAP net loss was RMB332.1M, while cash and equivalents stood at RMB48.2B. The company expects Q2 deliveries of 110k–115k and total revenues of RMB32.8–34.4B as it advances launches across its NIO, ONVO, and FIREFLY brands, including the ES9 and ONVO L80.
U.S. stock futures edged lower after Nvidia beat earnings and raised its dividend to 25 cents, while investors weighed AI momentum and other results; Intuit fell about 13% on weak revenue and ~3,000 job cuts, and E.l.f. Beauty rose ~4% after beating forecasts. Asia-Pacific markets rallied on Middle East peace hopes and Nvidia-driven AI optimism, with SoftBank and Samsung among notable movers. SpaceX IPO buzz continues as ETFs maintain large weights to SpaceX; Nvidia’s after-hours moves remained a focus as Walmart and Workday loom on the earnings calendar, along with jobless claims, housing, and manufacturing data.
Nvidia beat estimates with Q1 2027 revenue of $81.62B and adjusted EPS of $1.87 (GAAP $2.39), guided Q2 revenue to about $91B, and announced an $80B share buyback along with a shift to two market platforms (Data Center and Edge Computing). Data Center revenue rose 92% year over year to a record $75.25B, but China-related export restrictions remain a risk as there were no Data Center shipments to China this quarter. Analysts say Nvidia’s valuation stands out in the AI boom, though the stock traded slightly lower in premarket trading.
Target kicked off 2026 with solid Q1 results: net sales up 6.7% and same-store sales up 5.6%, with GAAP and adjusted EPS of $1.71. Growth was broad-based across all core categories, supported by a 4.4% traffic lift, 8.9% digital growth (including >27% growth in same-day delivery) and nearly 25% growth in non-merchandise sales. The company expanded assortments (health & wellness, toys, baby), launched exclusive partnerships, and invested in guest experience and workforce, opening seven stores (including its 2,000th) and advancing 100 remodels; Houston receive center adds supply-chain capacity. Looking ahead, Target expects about 4% net sales growth for the year and EPS toward the high end of $7.50–$8.50, plus initiatives like Beauty Studio, EPIC Lab, and a major food-and-beverage transition.
Nvidia posted a record quarter with $58.3 billion in profit on $81.6 billion in revenue for the February–April period, as data-center demand for AI chips drove growth (data-center revenue $75.2B, up 92% YoY; hardware $6.4B, up 29%). The company also announced an $80 billion share buyback and raised its quarterly dividend to $0.25 per share, while forecasting about $91 billion in revenue for the current quarter. CEO Jensen Huang called AI demand “parabolic,” though the stock traded lower after hours amid high investor expectations.
Walmart is set to report fiscal Q1 2027 results before the bell with consensus estimates at 66 cents per share on $175 billion in revenue; investors will assess management commentary on consumer spending and how shifts between higher- and lower-income shoppers—amid inflation and higher gas prices—could affect the year’s outlook, while Walmart’s high-margin advertising and marketplace segments may help offset margin pressure.
Nvidia’s earnings news helped lift several major tech and growth stocks in premarket trading, with Nvidia up about 1.3% and other big names like ARM, AMD, ENPH, and TSLA showing notable moves, signaling a cautiously positive tone for U.S. equities ahead of the open.
NVIDIA posted a first-quarter earnings beat thanks to strong demand for AI accelerator chips used in data centers, signaling continued momentum for the company amid the AI chip boom.
Nvidia beat Q1 2026 revenue and EPS estimates with $81.62B revenue and $1.87 per share, led by 92% year‑over‑year growth in its datacenter business to a record $75.2B, underscoring the ongoing AI infrastructure buildout and competition from Amazon/Google. The company also cited China export uncertainties and ongoing Vera Rubin rollout, as it eyes expansion in Southeast Asia and broader AI adoption across industries.