Earnings

Earnings

Atlas Growth Stalls at 29% as MongoDB’s Strong Quarter Falls Short of Elevated Expectations

MongoDB beat fiscal Q2 revenue and earnings estimates and raised its full-year outlook, but MDB stock fell sharply as Atlas growth remained near 29% and management guided the cloud business to slower growth in the third quarter.

Earnings

Dell’s $95 Billion AI Backlog Signals Surging Infrastructure Demand

Dell Technologies delivered record fiscal second-quarter revenue as AI server orders accelerated and infrastructure sales surged. A $95 billion AI backlog and sharply higher FY27 guidance sent DELL stock higher as demand continued to outstrip supply.

Earnings

AI Security Demand Drives Palo Alto Networks Growth, but Elevated Expectations Weigh on PANW

Palo Alto Networks delivered stronger-than-expected fiscal fourth-quarter results and an upbeat FY27 outlook as AI-related security demand accelerated. Yet PANW stock fell sharply as investors weighed strong execution against elevated expectations after a major rally.

Earnings

Yext’s AI Search Push Drives Rally as Profitability Expands Despite Lower Revenue

Yext shares jumped after fiscal Q2 results showed a 31% adjusted EBITDA margin and stronger enterprise momentum, while new Scout capabilities and Corvo AI broadened the company’s push into AI-powered discovery.

Earnings

Strong Contract Growth Lifts SAIC as Raised Outlook Offsets Booking Concerns

SAIC shares gained after stronger Q2 revenue, earnings and organic growth led the government technology provider to raise its fiscal 2027 outlook, while contract timing and a second-half revenue headwind remain key parts of the story.

Business Trends

AI Infrastructure and Construction Demand Reshape Caterpillar’s Growth Mix

Caterpillar’s record second quarter showed growth spreading across construction and power generation, while AI infrastructure, rental fleet demand and a $72 billion backlog are changing the drivers behind CAT’s expansion.

Macro

Strong Results Faced a Higher Bar Across Markets

Nvidia, Salesforce, CrowdStrike and Elastic were rewarded for growth that strengthened forward expectations, while Marvell, Micron, Ulta, Autodesk and others showed how quickly markets punished results that left questions about what comes next.

Earnings

AI Adoption and Enterprise Commitments Drive Elastic’s Growth Acceleration

Elastic delivered stronger-than-expected fiscal Q1 results as AI adoption, record large-customer additions and rising contracted commitments strengthened its growth outlook. The company raised fiscal 2027 guidance as ESTC stock rallied sharply.

Earnings

Marvell’s AI Growth Outlook Rises, but Google Timing Weighs on Shares

Marvell Technology fell sharply despite record revenue and higher long-term forecasts, as investors focused on the timing of its Google AI partnership and wanted more near-term upside from a stock that had already surged in 2026.

Earnings

Ulta’s Strong Quarter Meets a More Measured Second-Half Growth Outlook

Ulta Beauty topped Q2 expectations and raised its full-year outlook, but shares fell as investors weighed strong first-half execution against slower sales and comparable-sales growth expected during the second half.

Earnings

Workday’s AI Traction Builds as Margin Gains Outpace Near-Term Growth

Workday delivered stronger-than-expected quarterly results as AI products drove more than 25% of new annual contract value. But an early fiscal 2028 outlook points to slower subscription growth even as profitability continues to improve.

Earnings

MaintainX Costs Weigh on Autodesk as Stronger Growth Fails to Lift Earnings Outlook

Autodesk delivered stronger Q2 revenue, subscriptions and margins while raising its full-year revenue and billings outlook, but MaintainX dilution and below-consensus Q3 earnings guidance sent shares lower.