Earnings
Microsoft shares surged after Azure growth accelerated to 43%, annual Azure revenue crossed $100 billion, and quarterly capital spending came in below expectations, easing concerns about returns on the company's expanding AI infrastructure investments.
Earnings
Qualcomm faces weaker handset economics, higher costs and a faster Apple modem transition, while Arm’s AI data center business expands. The contrasting earnings highlight shifting semiconductor growth toward automotive, cloud and AI infrastructure.
Earnings
Vertiv posted 24% revenue growth and stronger-than-expected Q2 earnings, but shares fell sharply after sales missed estimates. Management blamed project timing and supply chain congestion while raising its full-year outlook as AI infrastructure demand remained strong.
Earnings
Seagate beat fiscal Q4 estimates and issued stronger-than-expected Q1 guidance as AI and cloud demand lifted storage revenue, pricing, margins, and cash flow. HAMR adoption and long-term customer commitments added visibility into fiscal 2027.
Earnings
PayPal topped second-quarter expectations and raised its 2026 earnings outlook as Venmo, Braintree and financial services gained momentum. Higher expenses and slow branded checkout growth show the turnaround remains a work in progress.
Earnings
Boeing returned to positive free cash flow as higher aircraft deliveries lifted Q2 revenue and narrowed commercial losses, helping shares rise despite a wider-than-expected loss and another Air Force One charge.
Earnings
Coca-Cola raised its 2026 outlook after Q2 revenue rose 7% and global volume increased 5%, with Zero Sugar, North America and Asia Pacific contributing to growth as shares rallied following the results.
Earnings
Corning (GLW) delivered stronger second-quarter earnings and core sales, powered by AI-related optical demand, but shares sank as production constraints and softer consumer electronics demand tempered the near-term revenue outlook.
Innovation & Tech
Artificial intelligence remained the dominant market theme this week as companies expanded investment across cloud, semiconductors, data centers, and infrastructure. Investors, however, increasingly looked beyond earnings, focusing on capital spending, profitability, and long-term execution.
Earnings
Intel (INTC) topped earnings and revenue expectations as AI-driven demand boosted its data center, server, and foundry businesses. The company raised capital spending plans, while investors weighed strong growth against higher investment needs and supply constraints.
Earnings
Deckers Brands (DECK) delivered its first-ever $1 billion quarter and topped earnings expectations, but investors focused on slowing sales growth, cautious revenue guidance, and warnings that tariffs and freight costs could pressure profits in the months ahead.
Earnings
RTX and Lockheed Martin delivered stronger-than-expected quarters, raised full-year guidance, and reported record backlogs, signaling continued demand across aerospace, missile defense, and military modernization programs.