Marvell Technology ( MRVL ), a rising name in the AI semiconductor race, posted a strong first-quarter performance, with revenue surging 63% year-over-year to nearly $1.9 billion.  The company’s prized data center segment—now accounting for over three-quarters of its total sales—hit a record $1.44 billion, thanks to increasing adoption of Marvell’s custom AI chips and high-speed connectivity products. Still, the market wasn’t impressed. Shares fell more than 6% after the results, extending a bruising decline that has left Marvell stock down over 40% year-to-date. That reaction highlights the paradox facing the Santa Clara-based chipmaker: it’s benefiting from booming AI demand, but expectations—set sky-high by juggernauts like Nvidia—are difficult to meet. Despite beating Wall Street’s estimates on revenue and adjusted EPS, and projecting another quarter of nearly 60% annual growth, Marvell’s in-line guidance wasn’t enough to ignite a rebound. Investors appear to want more—faster g...

Costco Wholesale Corp. ( COST ) once again proved its resilience in a shaky retail landscape, posting stronger-than-expected earnings for its fiscal third quarter.  The warehouse giant reported earnings per share of $4.28—outpacing Wall Street’s estimate of $4.24—showcasing its ability to maintain momentum even as tariffs and economic uncertainty rattle consumer spending. Revenue for the quarter, which ended May 11, came in at $63.2 billion. That figure, just shy of analyst expectations, still marks an 8% year-over-year increase—solid growth at a time when many competitors are revising guidance downward. Same-store sales rose 5.7%, with U.S. comps hitting nearly 8%. In early Friday trading, Costco shares rose nearly 3%, building on a 10% gain so far this year. For investors, the results reinforce Costco’s reputation as a safe haven when market volatility and macro headwinds weigh heavily on retail stocks. Membership Model Powers Growth, Defies Tariff Pressures At the core of Costco...

Salesforce ( CRM ) delivered a strong first quarter earnings report, posting revenue of $9.83 billion—about $80 million ahead of expectations and 8% higher than a year earlier. Adjusted earnings per share came in at $2.58, beating Wall Street’s forecast and marking a solid improvement from $2.44 a year ago. The software giant also raised its full-year forecast, projecting as much as $41.3 billion in revenue for fiscal 2026. Yet, shares of Salesforce tumbled more than 7% in early Thursday trading, their biggest one-day drop since May 30, 2024. The market reaction highlights a widening gap between strong operating performance and growing investor unease over the company’s strategic direction—especially its return to large acquisitions. On Wednesday evening, Salesforce confirmed it will acquire data integration firm Informatica for $8 billion, reigniting investor concerns about the company’s M&A-heavy growth strategy. Informatica Buy Raises Questions About Strategy and Innovation Sale...

Nvidia’s ( NVDA ) first-quarter results landed with mixed signals but sent its shares soaring nonetheless. The AI chip titan posted revenue of $44.1 billion—well ahead of expectations—but earnings per share (EPS) fell short of analyst forecasts, primarily due to a $4.5 billion write-down on its China-bound H20 chips. EPS came in at $0.81, below the anticipated $0.93. However, when excluding the China-related charge, adjusted EPS would have hit $0.96—a beat. Wall Street appeared to focus on that adjusted figure, sending Nvidia’s stock up more than 6% in premarket trading Thursday. By midday, shares had risen over 4%, trading above $140. The earnings report came amid growing geopolitical friction between the U.S. and China. Nvidia had designed the H20 chip to comply with U.S. export controls, but even that effort fell short. The result: not only the multi-billion-dollar write-down but also a projected $8 billion shortfall in potential Q2 revenue. AI Remains the Engine: Data Center Reven...

Abercrombie & Fitch ( ANF ) stunned Wall Street this week with a first-quarter performance. The earnings report blew past expectations, sending its stock soaring over 25% in early trading Wednesday—its biggest single-day jump since 2023. The young adult apparel retailer reported adjusted earnings of $1.59 per share, easily outpacing analysts' forecast of $1.36. Revenue rose 8% year over year to $1.1 billion, exceeding the expected $1.06 billion. Leading the charge was the company’s once-floundering Hollister brand, which posted a stunning 23% increase in comparable store sales. That more than offset a 10% decline in the namesake Abercrombie brand, which struggled against tough comparisons after a blockbuster 2024. This marks Hollister’s eighth consecutive quarter of comp gains, fueled by renewed appeal among Gen Z and Gen Alpha teens drawn to its retro aesthetic. Sales grew across all major geographies, including a 12% jump in Europe, the Middle East, and Africa, and a 7% incre...

Dick’s Sporting Goods ( DKS ) is gaining renewed investor attention following a solid first-quarter earnings report and a bold acquisition strategy aimed at strengthening its foothold in the athletic retail space. The sporting goods chain reaffirmed its full-year 2026 outlook after reporting results that largely met expectations, even as the company prepares to absorb rival retailer Foot Locker ( FL ) in a $2.4 billion deal. Revenue in the first quarter of calendar 2025 climbed 5.2% from a year earlier to $3.17 billion, narrowly beating Wall Street forecasts. Same-store sales rose 4.5%, holding firm against broader retail industry headwinds and outperforming analysts' expectations of 2.8% growth. Earnings per share came in at $3.24, modestly ahead of consensus estimates. The numbers were consistent with the company’s May 15 pre-announcement, made alongside the Foot Locker acquisition, which limited any earnings-day surprises. With the acquisition already priced in, market focus has...

Toyota Motor Corp. ( TM ) has taken a commanding position in the future of electric aviation, injecting $250 million into Joby Aviation Inc. ( JOBY ) This is a bold move that makes the Japanese auto giant the air taxi developer’s largest shareholder. With this latest investment, Toyota’s total stake in Joby climbs to 15.3%, edging past even that of Joby's CEO, JoeBen Bevirt. This capital injection represents the first half of a previously announced $500 million commitment. Once complete, Toyota’s cumulative funding in Joby will reach $894 million, significantly strengthening the long-term alliance between the two companies. The deal had originally been expected to close later in 2024 but appears to be accelerating ahead of schedule. Joby's Soaring Vision and New Timeline The Santa Cruz, California-based startup is developing eVTOL (electric vertical takeoff and landing) aircraft for commercial passenger service—an urban air mobility vision that has long promised to alleviate g...

AutoZone’s ( AZO ) fiscal third-quarter earnings report revealed a familiar pattern: strong sales growth overshadowed by another earnings miss. The Memphis-based auto parts giant posted revenue of $4.46 billion, beating Wall Street estimates of $4.4 billion. But adjusted earnings per share fell to $35.36, missing consensus expectations of $37.11—a shortfall marking the fourth consecutive quarterly miss on EPS. The drag came largely from weaker margins and persistent foreign exchange headwinds. Same-store sales rose 3% overall, with domestic comps up a healthy 5%, driven by robust commercial sales growth of 7%. In constant currency, total comps climbed over 5%. However, international same-store sales dropped 9%, primarily due to currency depreciation in key markets like Mexico and Brazil, where constant currency growth remained a bright spot at 8%. Margins Squeezed by Commercial Shift, Supply Chain Investment Despite top line momentum, profitability deteriorated. Gross margins fell 77 ...

After a rough start to the year, Tesla’s ( TSLA ) stock has made a dramatic turnaround.  Shares of the electric vehicle pioneer are now up over 50% since its April 22 earnings report, a striking rebound despite Wall Street dialing back expectations. Profit estimates for 2025 have been trimmed by nearly 30%, from $2.74 per share to $1.93. Yet Tesla’s stock keeps climbing. On Tuesday, the stock surged nearly 7%, followed by another modest gain in premarket trading Wednesday. At around $365 per share, Tesla is now up roughly 103% from this time last year. This puts it well ahead of broader benchmarks like the S&P 500 and Dow Jones Industrial Average, which inched up only slightly Wednesday morning. Technical analysts suggest the rally might not be over yet. According to Will Tamplin at Fairlead Strategies, Tesla has “positive short-term momentum” and could test resistance near $384. In simpler terms, traders are still betting the upward trend has room to run. But under the su...

As AI reshapes the search landscape, Google ( GOOG ) faces its most serious existential test since the dawn of the internet. A Paradigm Shift Threatens Google’s Core For more than two decades, Google has dominated internet search—a business so entrenched and profitable that it has become synonymous with the very act of seeking information online. Last year, Alphabet, its parent company, generated nearly $100 billion in net profit, the vast majority stemming from Google Search. But the rise of AI chatbots like ChatGPT, Perplexity, and Gemini is beginning to shift user behavior—and Wall Street is starting to take notice. Alphabet’s recent response at its I/O developers conference underscored just how high the stakes have become. The company unveiled a suite of AI-driven tools, including a new conversational “AI Mode” for search and a powerful video-generation model dubbed Veo 3. CEO Sundar Pichai called the changes “a total reimagining of search.” Yet, instead of boldly replacing the tra...

Shares of Urban Outfitters ( URBN ) soared more than 20% on Friday — the company’s biggest one-day gain ever — after reporting a first quarter that beat Wall Street’s forecasts by a wide margin.  The stock jumped to $73.21, setting a new record high and breaking a three-day losing streak.  Urban Outfitters earned $1.16 per share in the first quarter, well above the 83 cents analysts were expecting and nearly twice as much as it made in the same period last year. Total sales climbed to $1.33 billion, up from around $1.2 billion a year ago — adding more than $130 million in revenue thanks to stronger demand across its brands. Same-store sales — a key measure that tracks performance at established locations — grew 4.8%, with each of the company’s core brands contributing: Anthropologie was up 6.9%, Free People rose 3.1%, and the Urban Outfitters brand gained 2.1%, returning to growth for the first time in three years. Higher Profits, Healthier Margins The company also managed to ...