Jack of All Trades

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%.

Tim Cook ended his final earnings call as Apple's CEO with the company briefly valued at $5 trillion for the first time in history. After the bell, Amazon reported AWS grew 37% — its fastest pace in 18 quarters

Microsoft reported $90 billion in revenue with Azure demand exceeding supply, a $625 billion commercial backlog, and 15 million paying Copilot seats. Meta reported advertising impressions and pricing both growing double digits, with a Q3 guide above expectations.

Coca-Cola volume grew at its fastest pace in 17 years, fueled by the FIFA World Cup and zero-sugar product expansion, while chips fell for a fourth straight day. The market's rotation from AI infrastructure spending to businesses that generate returns immediately