Author: Lee Kern

KLA Corp (KLAC) fell 10% as guidance disappointed, with EPS expected between $8.87 and $10.87 versus $9.80 expected, despite revenue guidance slightly ahead.

Alphabet (GOOGL) surged 7% with EPS and revenue ahead of expectations, as revenue reached $109.90bn versus $107.20bn expected, driven by Google Cloud revenue up 63%

Microsoft (MSFT) reported EPS of $2.94, ahead of expectations of $2.82, with revenue up 17.0% to $61.90bn, above estimates of $60.80bn, driven by Azure and

Amazon (AMZN) gained 4% with EPS of $2.78 and revenue of $181.52bn both well ahead of expectations, supported by strong retail and cloud performance, despite

Meta Platforms (META) fell 6% despite a revenue beat, as user growth missed expectations and capex of $19.84bn came in below forecasts, although full year

Qualcomm (QCOM) surged 13% with EPS of $2.65 ahead of $2.56 expected, supported by new data centre chip shipments to a large hyperscaler.

Carvana (CVNA) rose over 8% after stronger unit sales of 187,393 beat expectations and guidance pointed to record volumes and EBITDA.

Chipotle Mexican Grill (CMG) gained as like for like sales rose 0.5%, ahead of expectations for a 0.7% decline, indicating resilient demand.

Sprouts Farmers Market (SFM) rose 5% after beating on EPS and revenue and raising full year EPS guidance to between $5.32 and $5.48.

Robinhood (HOOD) plunged 14% with EPS of $0.38 and revenue of $1.07bn both missing expectations, signalling weaker activity.