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Broadcom earnings: How sustainable is the rally behind AI build-out?
Yahoo Finance Video84d agobullishVIDEO
Broadcom earnings: How sustainable is the rally behind AI build-out?

Shares of Broadcom (AVGO) are sliding in Wednesday's extended hours in spite of the AI chipmaker beating fiscal second quarter earnings estimates and releasing third quarter guidance that outpaced Wall Street forecasts. CFRA Research senior vice president Angelo Zino reacts to Broadcom's latest earnings print and how much longer he expects the "downstream winners" of the AI infrastructure buildout to continue to gain from this phenomenon.

Broadcom revenue hits record on AI chip surge but outlook disappoints
Proactive84d agobullish
Broadcom revenue hits record on AI chip surge but outlook disappoints

Broadcom Inc (NASDAQ:AVGO, XETRA:1YD) reported record second-quarter revenue and earnings on Wednesday, driven by surging demand for custom AI accelerators, though shares fell more than 5% in after-hours trading as AI semiconductor guidance for the third quarter came in below some investor...

Investing.com84d agobullish
Veeva Systems beats estimates on AI progress

Investing.com -- Veeva Systems Inc Class A (NYSE:VEEV) reported first-quarter results that exceeded analyst expectations, with adjusted earnings per share of $2.24 beating the consensus estimate of $2.14 by $0.10. Revenue reached $882.9 million, surpassing the $857.75 million estimate and marking a 16% increase from $759.0 million in the same quarter last year.

CrowdStrike Stock Falls Despite Earnings Beat
Barrons.com84d agobullish
CrowdStrike Stock Falls Despite Earnings Beat

CrowdStrike Holdings stock was falling late Wednesday despite better-than-expected first-quarter results from the cybersecurity company. CrowdStrike reported adjusted earnings of $1.10 a share on revenue of $1.39 billion. “In Q1, the worlds of cybersecurity and frontier AI collided: this was the Mythos moment,” CEO George Kurtz said in the earnings release.

Broadcom Revenue Climbs on AI Chip Demand
The Wall Street Journal84d agobullish
Broadcom Revenue Climbs on AI Chip Demand

The semiconductor and software maker says semiconductor revenue from AI more than doubled to $10.8 billion in the quarter, boosted by increasing demand for custom AI accelerators and AI networking, Chief Executive Hock Tan said.

CrowdStrike tops Q1 estimates, authorizes 4-for-1 stock split
Proactive84d agobullish
CrowdStrike tops Q1 estimates, authorizes 4-for-1 stock split

CrowdStrike Holdings Inc (NASDAQ:CRWD) reported first quarter results after the market close on Wednesday, topping Wall Street expectations for both revenue and earnings while announcing a four-for-one stock split. The cybersecurity company posted revenue of $1.39 billion, up 26% from...

C3.ai (NYSE:AI) Posts Better-Than-Expected Sales In Q1 CY2026, Stock Jumps 11%
StockStory84d agobullish
C3.ai (NYSE:AI) Posts Better-Than-Expected Sales In Q1 CY2026, Stock Jumps 11%

Enterprise AI software company C3.ai (NYSE:AI) beat Wall Street’s revenue expectations in Q1 CY2026, but sales fell by 52.5% year on year to $51.6 million. Guidance for next quarter’s revenue was better than expected at $52 million at the midpoint, 1.6% above analysts’ estimates. Its non-GAAP loss of $0.33 per share was 11.5% above analysts’ consensus estimates.

Eaton (ETN) Valuation Check After Earnings Beat And Higher Growth Outlook Linked To AI Data Centers
Simply Wall St.84d agobullish
Eaton (ETN) Valuation Check After Earnings Beat And Higher Growth Outlook Linked To AI Data Centers

Eaton (ETN) just reported quarterly results that topped expectations and raised its full year outlook for earnings per share and organic growth, putting fresh attention on the stock’s role in AI data centers and electrification. See our latest analysis for Eaton. The earnings beat and higher guidance have been met with a strong reaction, with the share price up 4.4% over the last day and a 90 day share price return of 17.8%. Over longer horizons, total shareholder returns of 29.7% over one...

Retailers see surge in petite sizes as plus-size demand cools
Yahoo Finance Video84d agobullishVIDEO
Retailers see surge in petite sizes as plus-size demand cools

Yahoo Finance Senior Reporter Brooke DiPalma and Senior Business Reporter Ines Ferre join Josh Lipton on Market Domination to discuss the growing demand for petite apparel and the slowdown in plus-size clothing sales as the rise of GLP-1 weight-loss drugs reshapes consumer shopping habits

Medtronic Stock Jumps on Strong Earnings
The Wall Street Journal84d agobullish
Medtronic Stock Jumps on Strong Earnings

Shares of Medtronic jumped 5% Wednesday after the medical-device maker reported better-than-expected quarterly results, helped by strong sales of devices used in heart procedures. The company also said it applied for U.

Eli Lilly Retevmo Breakthrough Recasts Growth Story Beyond Obesity Treatments
Simply Wall St.84d agobullish
Eli Lilly Retevmo Breakthrough Recasts Growth Story Beyond Obesity Treatments

Eli Lilly (NYSE:LLY) reported Phase 3 LIBRETTO-432 data showing Retevmo (selpercatinib) cut the risk of recurrence or death in early-stage RET fusion-positive non-small cell lung cancer. The results position Retevmo as a potential new adjuvant standard of care for this genetically defined group of lung cancer patients. Separately, Lilly released encouraging first-in-human data for VERVE-102, a gene-editing therapy targeting cardiovascular disease. Eli Lilly enters this news cycle with a...

3 Reasons SEDG is Risky and 1 Stock to Buy Instead
StockStory84d agobullish
3 Reasons SEDG is Risky and 1 Stock to Buy Instead

SolarEdge has been on fire lately. In the past six months alone, the company’s stock price has rocketed 150%, setting a new 52-week high of $78.96 per share. This run-up might have investors contemplating their next move.