NetApp Surges 22% on Record Q4, AI Data Engine Drives FY27
NetApp jumped 22% to $174.29 after a record Q4 FY26: $1.95B revenue, $1.2B all-flash, and FY27 guidance up to $7.58B on AI Data Engine demand.
Earnings
Nvidia’s $80B Buyback and 25x Dividend Hike, Explained
Nvidia returned $20B in Q1, added an $80B buyback authorization, and lifted its dividend 25x – even as it zeroed China out of its outlook.
Ambarella Falls 21% on Q1 Beat as Guidance Lands In-Line
Ambarella stock tumbled 21% Friday despite a Q1 FY27 earnings beat. In-line Q2 guidance disappointed a market priced for upside.
Okta Surges 23% on Q1 Beat, Raises FY27 on AI Agents
Okta beat Q1 FY27 estimates on $765M revenue and $0.91 non-GAAP EPS, raised full-year guidance, and pitched identity as the control plane for AI agents.
Dell Surges 35% on AI Boom: $51B Backlog, $60B FY27 Outlook
Dell Q1 FY27 posts record $43.8B revenue (+88%), AI server revenue jumps 757%, backlog hits $51.3B. FY27 AI guide raised to $60B.
Best Buy Jumps 18% on Q1 Beat, Names Bonfig as Next CEO
Best Buy comp sales rose 2% in Q1 FY27, EPS jumped 38% to $1.31, and CFO Jason Bonfig will succeed Corie Barry as CEO on Nov 1. Stock +18%.
Snowflake Surges 35% on Q1 Beat, Lifts FY27 to $5.84B
Snowflake Q1 product revenue grew 34% to $1.334B and RPO hit $9.21B as the data cloud raised FY27 guide to $5.84B, sending SNOW up roughly 35%.
DICK’S Q1: Sales +63%, Stock -6% on EPS Outlook Cut
DICK’S Sporting Goods Q1 sales jumped 63% as Foot Locker turned profitable, but DKS fell 5.97% after the retailer trimmed its GAAP EPS outlook.
AutoZone Falls 9% as International Comps Slow to 1.6%
AutoZone (AZO) closed down 8.99% to $3,100.11 on May 26, 2026 after Q3 FY26 EPS of $38.07 beat, but constant-currency international comps slowed to 1.6%.
Wix to Cut 1,000 Jobs as Base44 AI Bet Hits Margins
Wix is cutting ~20% of staff after a $57.5M Q1 loss, with the Base44 AI bet reshaping costs and the stock pinned at 52-week lows.