Jack of All Trades

Broadcom's AI revenue doubled to $8.4B and Q2 guidance of $22B demolished estimates. ANF logged its 13th straight growth quarter. BBWI beat Q4 then cratered on a Q1 EPS guide of $0.24–$0.30 vs. $1.17 expected. Wix's Base44 hit $100M ARR in nine months and the stock surged 14%.

Strong Buy on CrowdStrike's post-outage triumph. Buy on Ross's best-in-cohort earnings quality and On Holding's guidance-driven entry point. Hold on Target's unproven recovery, Best Buy's flat growth, and GitLab's painful rebuild year.

Target and Best Buy both beat on earnings but missed on revenue. Ross delivered a +9% comp blowout. On Holding crossed CHF 3B in sales then fell on guidance. CrowdStrike printed its first GAAP-profitable quarter with record ARR. GitLab beat Q4 and tanked on FY2027 deceleration.

Strong Buy on Credo's 200% hypergrowth. Buy on MongoDB's Rule of 40 inflection and AES deal arb. Hold on Riot's near-zero EBITDA and ASTS's execution-dependent valuation.

MDB beat on revenue and EPS but guided cautiously, RIOT grew revenue yet posted a large loss, ASTS hit its first real revenue inflection, and CRDO delivered hypergrowth with record margins—showing four very different trajectories across the AI‑infra stack.

Dell: $140B FY27 guide (+11.5% vs Street $125.5B), $43B AI backlog (+134% from Q3 $18.4B), $50B+ AI servers FY27 implied validates Nvidia Blackwell build-out. At ~13x FY27 EPS massively undervalued vs Nvidia 35-40x—"AI Factory Architect" thesis.

Dell Q4 revenue $33.4B (+39% YoY) crushed $31-32B guide, non-GAAP EPS $3.89 beat $3.53 est (+10%) FY27 guide $140B midpoint demolished Street $125.5B (+11.5% beat).

Nvidia: $78B Q1 guide (+7.4% vs Street) crushes AI bubble fears—agentic AI wave, Vera Rubin samples shipped (10x perf/watt), hyperscaler capex $700B (+$120B YTD), $500B Blackwell/Rubin visibility. At ~40x FY26 priced for perfection but TAM $3-4T by 2030 justifies premium

AI chipmaker Wednesday: Nvidia Q4 revenue $68.1B (+73% YoY) crushed $66.2B est, adj EPS $1.62 beat $1.53—Q1 FY27 guide $78B demolished Street $72.6B (+7.4% beat). Data center $62.3B (+75% YoY) = 91.5% revenue, gross margin 75% (no compression), stock +2% AH.

Home Depot: Beat ends 3-quarter miss streak but "no catalyst for housing inflection"—Pro outperforming DIY, digital +11%, big-ticket +1.3%, SRS mid-single growth. GMS margin dilution 50bps H1, Q1 EPS down mid-single digits. At $384 fair value but limited upside without housing recovery