Jack of All Trades

Cisco reported record quarterly revenue of $17.25 billion and $9.3 billion in AI infrastructure orders for the year, then fell 8% as gross margin compressed. Applied Materials beat earnings and raised its outlook but fell on an 80% free cash flow drop from inventory buildup.

Nebius reported AI cloud revenue up 514% with a $236 million profit margin, signing four contracts each worth more than $1 billion. CAVA surged 12% as same-restaurant sales grew 9% on traffic, not price increases.

SMCI guided next quarter to $14.5 billion, nearly 25% above what analysts expected, as new orders hit $60 billion and gross margins doubled from prior guidance. CRWV reported 112% revenue growth and named Anthropic and Meta as new customers, with a $104 billion contract backlog.

monday.com beat earnings by 33% and reported AI revenue doubling quarter-over-quarter, then fell 12% as the company declined to raise its full-year outlook. Simon Property reported mall sales of $838 per square foot, a 14% jump proving premium retail is resilient through the Iran war.

Atlassian surged 35% after beating earnings with 28% revenue growth and a Jira Coding Agent that proved AI expands its platform rather than threatens it. Doximity soared 50% as its clinical AI ranked first in an independent benchmark.

Honeywell fell 20% after slashing its growth outlook. Airbnb ended a three-quarter miss streak with a beat and raised guidance. Cloudflare surged 15% as AI agent traffic drove 36% revenue growth.

Eli Lilly reported $23 billion in revenue with Mounjaro at $9.9 billion, up 91%. Disney beat estimates as Toy Story 5 crossed $1 billion. After the bell, Sandisk and Western Digital each beat earnings and fell anyway. AppLovin dropped 21% on a genuine miss as its e-commerce ad ramp slowed.

Advanced Micro Devices reported data center revenue doubling to $6.7 billion and guided next quarter to $13 billion. SpaceX published its first earnings since going public — $6.93 billion in revenue, a halved net loss, and $7.7 billion in AI capital spending in a single prior quarter.

Palantir reported US commercial revenue growth of 149% and a Rule of 40 score of 155%, the highest in its history. Revenue grew 93% to $1.94 billion, and full-year guidance was raised to $8.15 billion.

ExxonMobil earned $160 million a day and Chevron posted its largest quarterly profit ever, both fueled by the Iran war's oil price surge. AbbVie's post-Humira transition was confirmed as Skyrizi and Rinvoq each grew 24%.