Markets whipsawed last week as a wave of strong AI earnings hit the tape, crypto caught a bid, and Friday’s jobs report came in far hotter than expected, with 162,000 jobs added against estimates of just 53,000. AI and memory names led the charge as $AVGO, $DELL, and $HPE all crushed earnings, with $SNDK and […]
Uber Technologies (UBER) stock kicked off September with a double blow: a 3,300-person layoff (roughly 10% of its workforce) announced on September 2 to flatten management layers, immediately followed by the launch of Tesla’s Cybercab robotaxi service in Austin on September 4. Shares sold off heading into the Tesla event but have stabilized near $75-$76, […]
Lululemon Athletica (LULU) stock reported Q2 2026 earnings of $2.92 per share, beating the $1.80 estimate by over 62%, but the headline beat was heavily distorted by an $0.86 EPS contribution from one-time IIPA tariff refunds. Revenue of $2.416B missed the $2.458B estimate, and the company slashed full-year 2026 EPS guidance from $10.95-$11.15 down to […]
Dell Technologies (DELL) stock exploded higher after reporting Q2 FY2027 results on September 1 that crushed every major estimate: revenue of $47B (+58% YoY) versus the $45B consensus, and adjusted EPS of $7.04 versus the $4.91 estimate, a 43% beat. The company simultaneously raised its full-year revenue guidance from a $165B-$169B range to $192B and […]
Market Update Into September 7th: Inflation Data Incoming