Earnings

Tech & AI

• Dell missed on Q1 EPS but beat revenue and raised its full-year outlook, citing “unprecedented AI demand” with $7B in AI shipments expected in Q2. (CNBC)

  
  

• Nvidia crushed Q1 estimates with a 73% surge in data center revenue, defying China export curbs.  (CNBC)

  
  

• Salesforce posted a beat-and-raise quarter and unveiled an $8B deal to acquire Informatica, its biggest buy since Slack. (CNBC)

  
  

• Heico exceeded expectations on strong YoY growth in both Flight Support and Electronics segments.  (MSN)

  
  

• AutoZone missed on EPS despite posting its first revenue beat in a year.   (MW)

  
  

Fintech & Financials

• Royal Bank of Canada missed Q1 EPS, hit by higher loan-loss provisions due to macro uncertainty.   (BBG)

  
  

• Booz Allen Hamilton missed estimates and announced 2,500 layoffs after reduced federal contracts slashed earnings.  (WSJ)

  
  

Retail & Consumer

• Costco beat Q3 across the board with 8% comp sales and 16% e-commerce growth, but held off on FY guidance or price hikes.   (CNBC)

  
  

• Ulta Beauty beat Q1 estimates as Gen Z demand for celeb-backed products surged.  (CNBC)

  
  

• BestBuy beat EPS, missed revenue, and cut its FY outlook after a 0.7% drop in U.S. comp sales.   (CNBC)

  
  

• Kohl’s posted a beat and CEO exit in the same quarter amid turnaround efforts.   (BBG)

  
  

• Foot Locker missed earnings and sales, ahead of $2.4B acquisition by DICK’s. (BBG)

  
  

• Macy’s surprised with a beat despite a sales dip and reiterated its full-year outlook.  (BBG)

  
  

• DICK’S Sporting Goods beat across the board and confirmed its FY guidance, projecting $100M+ in post-Foot Locker synergies.  (CNBC)

  
  

• Abercrombie & Fitch beat estimates and raised its outlook after a 22% surge in Hollister sales.  (CNBC)

  
  

• PDD Holdings missed estimates as Temu’s growth slowed amid trade tensions and regulatory headwinds.   (BBG)