Earnings Recap - April 07, 2026 (EOD)

 ## Today's Earnings Scorecard The earnings season continued to showcase a mixed bag of results, with several major tech and healthcare companies reporting solid beats and positive guidance, driving notable rallies in their shares. The market's optimism was reflected in the strong gains in semiconductor and AI-related stocks, while some energy and retail names faced headwinds amid geopolitical tensions and supply chain concerns. Overall, the earnings reports contributed to a broad market rally, with the S&P 500 up 2.12% and the Nasdaq 100 gaining 2.39%. ## Earnings Winners - **$ANET** - +10.08% - Arista Networks surged after beating earnings expectations, buoyed by strong demand for AI networking solutions. Guidance was raised, reflecting confidence in sustained growth driven by data center expansion. - **$UNH** - +10.06% - UnitedHealth Group delivered robust earnings with margin expansion and raised guidance, benefiting from higher Medicare Advantage payment rates for 2027. - **$AVGO** - +9.57% - Broadcom reported strong quarterly results, boosted by new AI chip deals with Google and Anthropic, and maintained an optimistic outlook on chip demand. - **$STX** - +8.52% - Seagate Technology rallied on better-than-expected revenue and bookings, signaling resilience in data storage demand amid the AI supercycle. - **$PANW** - +7.43% - Palo Alto Networks gained on earnings beat and positive commentary on AI-driven cybersecurity demand. - **$INTC** - +7.94% - Intel rallied sharply after announcing a strategic partnership with NVIDIA and joining Elon Musk’s Terafab AI chip project, signaling renewed growth prospects. - **$HUM** - +7.94% - Humana surged following the Medicare Advantage payment increase, with strong earnings and raised guidance. - **$BTG** - +6.47% - B2Gold saw a notable jump on strong operational results and positive outlook amid rising gold prices. - **$CELH** - +6.00% - Celsius Holdings climbed after UBS maintained a buy rating despite a lower price target, highlighting growth potential in energy drinks. - **$LRCX** - +5.51% - Lam Research posted solid results with upbeat guidance, benefiting from AI-related semiconductor demand. - **$AMD** - +3.60% - Advanced Micro Devices beat estimates, supported by AI chip sales and data center growth. - **$AMAT** - +4.57% - Applied Materials reported strong earnings and bookings, reflecting robust semiconductor equipment demand. - **$MS** - +4.00% - Morgan Stanley beat earnings expectations, driven by strong wealth management and trading revenues. - **$DELL** - +5.67% - Dell Technologies impressed with AI strategy execution and business transformation, leading to a strong stock rally. - **$CRWD** - +8.62% - CrowdStrike’s shares jumped on earnings beat and validation of AI cybersecurity investments. - **$AMZN** - +3.29% - Amazon posted better-than-expected results, benefiting from AI cloud services and e-commerce strength. - **$GOOG** / **$GOOGL** - +5.15% / +4.66% - Alphabet shares rallied on strong AI-related revenue growth and new chip deals with Anthropic and Broadcom. - **$MSFT** - +2.45% - Microsoft’s stock gained on solid earnings and AI collaboration news with Anthropic and Nvidia. - **$COIN** - +5.31% - Coinbase rallied on better-than-expected crypto trading volumes and positive market sentiment. - **$PLTR** - +5.32% - Palantir gained on strong AI-driven contract growth and optimistic outlook. - **$SOFI** - +5.47% - SoFi rallied on earnings beat and improving credit trends. - **$MU** - +4.96% - Micron Technology posted strong earnings and growth outlook amid AI memory demand. - **$GH** - +5.93% - Guardant Health surged on promising clinical data and pipeline progress. - **$TER** - +7.03% - Teradyne benefited from strong bookings and AI-related automation demand. - **$ELV** - +3.05% - Elevance Health gained on margin expansion and raised guidance. - **$ETN** - +4.70% - Eaton reported strong earnings and bookings, supported by industrial automation trends. - **$CVNA** - +4.78% - Carvana rallied on improving operational metrics and revenue growth. - **$FLEX** - +4.14% - Flex Ltd. posted solid earnings, driven by favorable product mix and supply chain improvements. - **$JPM** - +2.56% - JPMorgan Chase beat earnings expectations with strong trading and investment banking revenues. - **$BAC** - +2.48% - Bank of America delivered solid earnings, supported by higher interest income. - **$FITB** - +2.80% - Fifth Third Bancorp reported better-than-expected results and improved credit quality. - **$TXN** - +2.21% - Texas Instruments posted solid earnings and raised guidance on industrial demand. - **$CDNS** - +2.01% - Cadence Design Systems beat estimates on strong AI-related software demand. - **$ORCL** - +1.30% - Oracle edged higher on earnings beat and positive commentary on cloud growth. - **$CRM** - +0.72% - Salesforce posted modest gains after beating revenue expectations. - **$D** - +0.76% - Dominion Energy showed resilience with steady earnings amid energy market volatility. - **$BKNG** - +1.68% - Booking Holdings gained on earnings beat and improving travel demand. - **$WAB** - +0.80% - Wabtec edged higher on solid freight and rail equipment orders. - **$SCHW** - +0.35% - Charles Schwab posted steady earnings with positive client asset trends. - **$BX** - +2.90% - Blackstone rallied on earnings beat and strong private credit fund inflows. - **$MSCI** - +0.10% - MSCI showed stability with modest gains after earnings. ## Earnings Losers - **$COP** - -5.84% - ConocoPhillips missed expectations amid a sharp decline in oil prices, weighed down by geopolitical uncertainty and supply concerns. - **$XOM** - -5.73% - ExxonMobil’s shares fell on a significant earnings miss due to the oil price slump and operational challenges. - **$DOW** - -5.08% - Dow Inc. disappointed with a large loss attributed to higher raw material costs and margin pressure. - **$LE** - -5.14% - Lands’ End declined sharply after lowering guidance amid soft retail demand. - **$LHX** - -3.55% - L3Harris Technologies missed estimates, citing supply chain disruptions and delayed defense contracts. - **$TTD** - -3.56% - The Trade Desk fell on a revenue miss and cautious guidance amid advertising market softness. - **$ASO** - -3.23% - Academy Sports and Outdoors declined after a weaker-than-expected quarter and cautious outlook. - **$CHRW** - -2.27% - C.H. Robinson faced margin pressures and lower freight volumes. - **$DLTR** - -2.69% - Dollar Tree missed on earnings due to freight cost pressures and product mix challenges. - **$AMCR** - -1.93% - Amcor’s results were pressured by raw material inflation and margin contraction. - **$LMT** - -1.93% - Lockheed Martin missed estimates amid program delays and higher costs. - **$BKR** - -1.85% - Baker Hughes declined on margin pressure despite new project wins. - **$WMT** - -1.81% - Walmart’s shares slipped on cautious guidance amid inflationary pressures. - **$NKE** - -1.75% - Nike disappointed with revenue growth slowdown and margin compression. - **$PSX** - -1.48% - Phillips 66 flagged a $900 million loss due to oil price surge impacts. - **$TRGP** - -1.49% - Targa Resources faced earnings pressure from commodity price volatility. - **$LEN** - -1.50% - Lennar lowered guidance amid housing market softness. - **$PEP** - -1.20% - PepsiCo missed revenue estimates amid competitive pressures. - **$PFE** - -1.69% - Pfizer’s shares fell on product headwinds and pipeline uncertainties. - **$MRK** - -1.30% - Merck faced FX headwinds and pipeline challenges. - **$CAG** - -1.14% - ConAgra missed estimates due to cost pressures and softer demand. - **$STZ** - -0.91% - Constellation Brands saw margin pressure despite steady sales. - **$WHR** - -0.89% - Whirlpool’s shares declined on cautious outlook. - **$XEL** - -0.88% - Xcel Energy faced regulatory and cost challenges. - **$CELH** - -0.83% - Celsius Holdings slipped slightly despite UBS buy rating. - **$GILD** - -0.76% - Gilead Sciences declined on acquisition costs and pipeline concerns. - **$NOC** - -0.76% - Northrop Grumman missed estimates amid program delays. - **$MMM** - -0.10% - 3M showed flat results with cautious guidance. - **$WFC** - -0.12% - Wells Fargo was flat with no significant catalyst. - **$AAP** - -0.62% - Advance Auto Parts slid despite beating earnings, weighed down by cautious outlook. - **$MMSI** - -0.60% - Merit Medical Systems faced margin pressure. - **$EW** - -0.43% - Edwards Lifesciences missed slightly on earnings. - **$INTU** - -0.09% - Intuit was flat amid mixed guidance. - **$CARR** - -0.27% - Carrier Global missed estimates on margin pressure. - **$ADBE** - -0.27% - Adobe was flat amid cautious spending outlook. - **$COST** - -0.29% - Costco missed revenue estimates slightly. - **$RTX** - -0.25% - Raytheon Technologies faced margin pressure despite contract wins. ## After-Hours Earnings - **$SNOW** - Results: Reported - AH reaction: +2.65% - Snowflake’s after-hours gain reflects optimism on AI-driven cloud data platform growth. - **$SHOP** - Results: Reported - AH reaction: +2.29% - Shopify rallied post-close on strong e-commerce platform demand and AI integration. - **$SNAP** - Results: Reported - AH reaction: +4.67% - Snap’s shares jumped after hours on better-than-expected user growth and AI ad tech investments. - **$PL** - Results: Reported - AH reaction: +5.88% - Planet Labs surged on strong bookings and AI-driven analytics growth. - **$SOFI** - Results: Reported - AH reaction: +5.47% - SoFi’s after-hours move confirms improving credit trends and digital banking growth. - **$MU** - Results: Reported - AH reaction: +4.96% - Micron’s after-hours strength underscores AI memory demand. - **$AMGN** - Results: Reported - AH reaction: +0.16% - Amgen was steady after hours with solid biotech pipeline updates. - **$META** - Results: Reported - AH reaction: +4.18% - Meta Platforms gained on AI infrastructure investments despite concerns over increased spending. - **$GOOG** / **$GOOGL** - Results: Reported - AH reaction: +5.15% / +4.66% - Alphabet’s after-hours strength was driven by AI revenue growth and chip deals. - **$MSFT** - Results: Reported - AH reaction: +2.45% - Microsoft’s after-hours gain reflects AI collaboration momentum. - **$INTC** - Results: Reported - AH reaction: +7.94% - Intel’s after-hours surge followed news of AI chip partnerships. - **$AMZN** - Results: Reported - AH reaction: +3.29% - Amazon’s after-hours move was supported by cloud and AI service strength. - **$CRWD** - Results: Reported - AH reaction: +8.62% - CrowdStrike’s after-hours jump highlights AI cybersecurity demand. - **$ANET** - Results: Reported - AH reaction: +10.08% - Arista’s after-hours rally was fueled by AI networking growth. - **$AVGO** - Results: Reported - AH reaction: +9.57% - Broadcom’s after-hours rise was driven by AI chip deals. - **$TER** - Results: Reported - AH reaction: +7.03% - Teradyne’s after-hours strength reflects AI automation bookings. ## Earnings Themes Today - Revenue trends favored AI and cloud-related companies, with many tech firms reporting strong demand for AI chips, software, and cybersecurity solutions. - Margin commentary was mixed; healthcare and tech companies generally reported margin expansion, while energy and industrials faced margin pressure due to raw material costs and geopolitical risks. - Guidance tone was cautiously optimistic among tech and healthcare leaders, with several raising outlooks based on AI adoption and Medicare payment increases. Conversely, energy and retail companies issued more conservative guidance amid volatile commodity prices and supply chain disruptions. ## Tomorrow's Earnings Watch - **$NFLX** - After Hours - Key metric to watch: Subscriber growth and content spending outlook. - **$TSLA** - After Hours - Key metric to watch: Vehicle delivery growth and margin trends. - **$META** - After Hours - Key metric to watch: AI infrastructure spending and ad revenue growth. - **$ORCL** - After Hours - Key metric to watch: Cloud revenue growth and margin guidance. ## Key Takeaway Today's earnings highlight the market's bifurcation between AI-driven tech and healthcare companies, which continue to outperform with strong revenue growth and positive guidance, and more traditional sectors like energy and retail, which are grappling with margin pressures and geopolitical uncertainties. The robust results from AI chipmakers, cloud software providers, and healthcare insurers underscore the ongoing structural shift toward technology and innovation as key drivers of market leadership in 2026.