Earnings
AI and cyber earnings keep steering the tape
Broadcom, Dell, Palo Alto, and others keep semis, servers, and security in focus.
Earnings headlines stay centered on AI infrastructure and cyber. CNBC says Broadcom offers a weak current-quarter revenue forecast even as it talks up long-term AI growth, while MarketWatch notes Broadcom’s stock falls despite upbeat earnings.
Dell gets the cleanest reaction in the feed, surging 15.8% after lifting its fiscal 2027 forecast on AI server strength. CNBC also says Palo Alto Networks beats quarterly estimates on AI demand, and MarketWatch points to stronger AI hardware demand helping Nvidia as well.
Other names move sharply on their own results. Marvell shares tumble 6% after its outlook disappoints despite 37% revenue growth, Snowflake spikes 22% on healthy results and AI coding momentum, and Gap jumps 12% after naming a new Old Navy CEO.
The calendar stays busy today too. LULU reports after the close, while MOMO, CPB, CIEN, ZS, DOCU, PATH, and others are also scheduled across the session.