Fourth quarter earnings season is entering its final stretch.

Earnings from Nvidia (NVDA) this week marked the final company among the "Magnificent Seven" tech stocks to report quarterly results.

This report offered a crucial update on how demand for its high-tech AI chips — a big part of the hundreds of billions of dollars its Big Tech peers are spending on AI investments — continues to shape up. But concerns about increased competition and the drivers underpinning Nvidia's strong forecast overshadowed the company's beat and raise, sending shares 5% lower on Thursday.

Other key results this week include reports from Warner Bros. Discovery (WBD) and Paramount Skydance (PSKY), with the latter currently locked in a duel with Netflix to acquire the former.

Salesforce (CRM), Home Depot (HD), and Lowe's (LOW) will also be among the notable companies expected to report in the coming week.

Block (XYZ) shares surged more than 22% in extended trading after Jack Dorsey announced the payments company would lay off nearly half of its staff as part of a major bet in artificial intelligence that came alongside the release of its fourth quarter earnings report.

\\"Today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. That means over 4,000 of you are being asked to leave or entering into consultation,\\" Dorsey wrote in a post on X.

\\"Something has changed,\\" Dorsey wrote, framing the decision as a risk intended to position the company for long-term growth. He cited new artificial intelligence tools that can automate work as the reason for the shift, noting that AI is \\"enabling a new way of working which fundamentally changes what it means to build and run a company.\\"

we're making @blocks smaller today. here's my note to the company.

####

today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are…

— jack (@jack) February 26, 2026

In the fourth quarter, Block reported adjusted earnings per share of $0.65, in line with Wall Street estimates. Revenue of $6.25 billion slightly beat expectations of $6.21 billion, according to S&P Global Market Intelligence.

Block also raised its full-year guidance. The company, which supports the CashApp and Square platforms, said it expects gross profit growth of 18% year over year in 2026 and adjusted operating income of $3.20 billion or 26% margin.

Flutter Entertainment's (FLUT) stock fell 12% before the bell on Friday after reporting disappointing revenue. The sports-betting operator reported revenue of $4.74 billion last quarter, below the $4.93 billion projected by analysts.

The Wall Street Journal reports:

Since the start of 2026, the share price has fallen more than 40%, largely due to the proliferation of prediction markets offering products similar to sports wagers.

Flutter Chief Executive Peter Jackson blamed last quarter's results on a lack of “compelling content” for customers to bet on during the second half of the National Football League season.

He said prediction markets weren’t having a “meaningful impact” and stressed the potential opportunity from the company's own recently launched prediction-markets platform.

Still, Flutter noted in a press release that prediction markets “may be attracting some new, incremental entertainment-first recreational customer cohorts.”

Read more here.

Duolingo Inc (DUOL) shares sank 25% before the bell on Friday after reporting fourth quarter earnings, which beat analyst expectations, but issued disappointing guidance for 2026. The company said it is changing its strategy to prioritize user growth over near-term profitability.

Investing.com reports:

The language-learning platform reported adjusted earnings per share of $0.84 for the fourth quarter, beating the analyst estimate of $0.83. Revenue rose 35% YoY to $282.9 million, surpassing the consensus estimate of $275.74 million. However, the company's outlook for 2026 fell significantly short of Wall Street expectations, with first-quarter revenue guidance of $288.5 million below the $291.8 million consensus and full-year revenue guidance of $1.20-$1.22 billion trailing the $1.26 billion estimate. The midpoint of $1.21 billion represents approximately 17% growth, well below analyst expectations.

Daily active users grew 30% YoY to 52.7 million in the fourth quarter, while paid subscribers increased 28% to 12.2 million. However, CEO Luis von Ahn acknowledged that DAU growth decelerated throughout 2025 and expects approximately 20% DAU growth in 2026, down from growth rates exceeding 40% in prior periods.

Read more here.

Yahoo Finance's Francisco Velasquez reports:

C3.ai (AI) is learning the hard way that \\"conviction\\" doesn't pay the bills.

\\"We did not deliver this quarter, full stop,\\" CEO Stephen Ehikian told Yahoo Finance's Opening Bid. \\"I'm not going to sugarcoat that ... that's on me.\\"

In a remarkably blunt post-earnings admission, Ehikian stated that \\"the reality is we were just burning too much money.\\"

To stop that burn, the company slashed 26% of its workforce, a calculated bid to \\"restructure our cost basis\\" and find the \\"maximum flexibility\\" that Ehikian said is required to capture AI scaling and survive the very market he claims is stronger than ever.

The market's verdict was swift and unforgiving. C3.ai stock cratered nearly 20% following the release as investors looked past the rhetoric and focused on a revenue miss that underscored a complete departure from previous guidance.

Read more here.

Intuit (INTU) stock fell about 2.5% in after-hours trading as the company's fiscal third quarter profit forecast disappointed investors.

The third quarter is usually Intuit's strongest, as more users turn to the company for tax help; however, the company said it expects to spend more on marketing to attract customers to its tools, such as TurboTax.

Reuters reports:

The company forecast adjusted earnings per share of $12.45 to $12.51 for the third quarter ending ​April ​30, compared with analysts' average estimate of $12.95, ​according to data compiled by ‌LSEG.

It expects about 10% revenue growth in the quarter, largely in line with analysts' average estimate of 9.9% growth.

The forecasts come amid market fears that the growing use of AI tools would erode demand for traditional software, as customers increasingly seek personalized financial guidance and automated solutions for tasks such ‌as bookkeeping.

To better compete with rivals such ​as H&R Block, Oracle's NetSuite and Microsoft's ​Dynamics 365 Platform, Intuit has ​signed multi-year deals with AI startups Anthropic and OpenAI to ‌integrate their frontier models into its ​software.

Read more here.

Reuters reports:

CoreWeave (CRWV) beat Wall Street estimates for quarterly revenue on Thursday, benefiting ‌from the artificial intelligence boom ‌that has driven companies to its platform for ​the massive computing power needed to train and deploy advanced AI models.

However, shares of the company fell 5% after ‌the bell.

The company reported revenue ‌of $1.57 billion for the ​fourth quarter, compared with ​analysts' average ​estimate of $1.55 billion, according to ‌data compiled by LSEG.

The ​company reported ​an adjusted loss of $284 million, compared with estimates of a loss of $258.9 ​million.

Read more here.

Reuters reports:

Dell forecast fiscal 2027 revenue above Wall Street estimates on Thursday, betting on growing demand for its ‌artificial intelligence-optimized servers, sending its shares up around 6% in extended ‌trading.

Big Tech firms, such as Alphabet, Microsoft, Amazon and Meta, are expected to spend at least $630 ​billion to build AI infrastructure this year, which would boost demand for vendors like Dell and rival Super Micro Computer.

... Dell expects AI servers revenue to grow 103% to about $50 billion ​in fiscal ​2027.

The company said it has more than ​4,000 AI server customers, including ‌Elon Musk's AI startup xAI and CoreWeave.

Dell forecast annual revenue of $138 billion to $142 billion, above analysts' average estimate of $125.54 billion, according to data compiled by LSEG.

Read more here.

Cloud computing provider Nutanix (NTNX) reported strong earnings and announced a multiyear deal with AMD (AMD) on Wednesday, sending the stock more than 15% higher in premarket trading on Thursday.

For the fiscal second quarter, Nutanix reported adjusted earnings per share of $0.56 for the quarter on revenue of $722.8 million. Wall Street analysts were looking for earnings per share of $0.44 on $709.7 million in revenue, according to S&P Global Market Intelligence.

For the full year, Nutanix said it expects revenue of $2.80 billion to $2.84 billion and a non-GAAP operating margin of 21% to 22%.

Nutanix's new multiyear partnership with AI chipmaker AMD also boosted shares on Thursday as the two companies seek to develop a platform for enterprise agentic AI. AMD said it will invest $250 million in Nutanix shares and joint R&D and go-to-market efforts, and the equity investment is expected to close in the second quarter of 2026.

AMD stock slid 1.5% following the announcement and earnings from its rival Nvidia (NVDA).

Read more here.

American Bitcoin (ABTC), which is backed by two of President Trump's sons, reported a $59 million loss in its fourth quarter earnings on Thursday. The results have come amid a stock and crypto sell-off, wiping out almost 90% of the firm's market value since September. The company's stock price rose 3% before the bell today following the news.

Bloomberg News reports:

American Bitcoin doubled down on a pure mining-and-hoarding strategy just as virtually every major rival fled to artificial intelligence, a bet championed by co-founder Eric Trump that looked prescient when Bitcoin was surging past $126,000 and increasingly precarious with the token trading around $70,000. The cost of that conviction was apparent in a $227 million unrealized loss registered for the year from writing down the value of the company’s Bitcoin reserves.

“With Bitcoin steeply drawn down from the highs, the retention strategy can amplify losses,” said Matthew Kimmell, a digital asset analyst at CoinShares. “The inventory loses value on a mark-to-market basis and investors can begin pricing in balance sheet stress before it appears in operations.”

Read more here.

Shares of Celsius Holdings (CELH) jumped more than 12% in premarket trading on Thursday after the energy drink maker reported better-than-expected fourth quarter earnings as its acquisitions of Rockstar Energy and Alani Nu drove momentum in the business.

Investing.com reports:

The company reported adjusted earnings per share of $0.26, beating the analyst estimate of $0.19 by $0.07. Revenue surged 117% to $721.6 million, topping the consensus estimate of $639.14 million and marking a significant increase from $332.2 million in the prior-year period.

The revenue growth was driven by the acquisitions of Alani Nu and Rockstar Energy, which contributed $370.0 million and $45.0 million respectively during the quarter. However, CELSIUS brand revenue declined approximately 8% compared to the same period last year due to temporary integration-related timing dynamics. The company noted these factors resulted in a short-term misalignment between shipments and promotional activity during the quarter and are not reflective of underlying retail demand trends. Shares jumped 17.8% following the announcement.

\\"2025 was a defining year for Celsius Holdings as we delivered record full-year revenue of $2.5 billion, underscoring the power of our brands and the strength of our growth model,\\" said John Fieldly, Chairman and CEO.

Read more here.

Yahoo Finance's Pras Subramanian reports:

Big Three automaker Stellantis (STLA) reported a massive full-year loss after taking a $26 billion EV-related charge, but saw improving second-half results, suggesting the company's turnaround under CEO Antonio Filosa may be working.

Stellantis — which counts brands like Ram, Jeep, Fiat, and Alfa Romeo in its product portfolio — reported second half net revenue of 79.25 billion euros ($93.47 billion), in range of 78 billion to 80 billion euros ($91.87 to $94.23 billion) forecast, and 10% higher than the 71.86 billion euros ($84.64 billion) reported a year ago.

Stellantis posted a second-half adjusted operating income loss of 1.38 billion euros ($1.63 billion), also in range of the 1.2 billion to 1.5 billion euros ($1.41 billion to 1.77 billion) forecast, a reversal of the 185 million euro ($218 million) gain reported in the second half of 2024, which itself was a massive drop compared to the 10.2 billion euro ($12 billion) profit reported in 2023.

Read more here.

J.M. Smucker (SJM) stock rose 7% before the bell on Thursday after third quarter earnings beat analyst expectations. The company did, however, report a weaker full-year sales outlook, citing a recent fire at one of its manufacturing facilities.

AP reports:

J.M. Smucker Co. (SJM) on Thursday reported a loss of $724.2 million in its fiscal third quarter.

The Orrville, Ohio-based company said it had a loss of $6.79 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, were $2.38 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share.

Read more here.

Reuters reports:

Qnity Electronics (Q) forecast full-year 2026 earnings above analysts' estimates on Thursday, ‌as the newly listed semiconductor solutions provider ‌benefits from strong demand for artificial intelligence, high‑performance computing and ​next‑generation connectivity.

The company's board of directors also authorized the repurchase of up to $500 million of outstanding common stock. Shares of the Wilmington, Delaware-based company rose ‌about 4% in ⁠premarket trading.

Chip suppliers have been among the biggest beneficiaries of the investment surge ⁠by businesses upgrading infrastructure to support AI-driven workloads.

Qnity, which offers products used in advanced computing, data centers ​and high-speed ​networking, said it ​expects those trends to ‌continue through 2026.

The company was spun off from industrial materials maker DuPont in October and began trading as an independent public company in November.

Read more here.

Nvidia CEO Jensen Huang said the company is \\"close\\" to finalizing its agreement with OpenAI (OPAI.PVT)

\\"We continue to work with OpenAI toward a partnership agreement, and believe we are close,\\" Huang said. \\"We are thrilled with our ongoing partnership with OpenAI, a once-in-a-generation company we've had the pleasure of partnering with since their first days.\\"

“We are close” to a partnership agreement with OpenAI, Nvidia CEO Jensen Huang says. pic.twitter.com/eTfYOyFudQ

— Yahoo Finance (@YahooFinance) February 25, 2026

In September 2025, Nvidia said it planned to invest $100 billion in OpenAI to support artificial intelligence infrastructure. But in early February, Huang said that the $100 billion was “never a commitment,” and a few weeks later, the Financial Times reported that the company was close to finalizing a $30 billion deal to replace the $100 billion one.

On the earnings call, Nvidia executives touted that \\"just about every startup in the world is working on Nvidia's ecosystem.\\" The company has also struck partnerships with rival models, including Anthropic's Claude and Google's Gemini.

Nvidia's (NVDA) CFO Colette Kress confirmed a report earlier this week that it has not yet sold any of its second-most-powerful chips to China.

\\"While small amounts of H200 products for China-based customers were approved by the US government, we have yet to generate any revenue, and we do not know whether any imports will be allowed into China,\\" Kress said on the earnings call.

\\"We have yet to generate any revenue, and we do not know whether any imports will be allowed into China,\\" says Nvidia CFO Colette Kress.

\\"Our competitors in China ... have the potential to disrupt the structure of the global AI industry over the long term.\\" pic.twitter.com/0UWLlOLtSg

— Yahoo Finance (@YahooFinance) February 25, 2026

That was in line with what a Commerce Department official said at a congressional hearing on Tuesday.

President Trump gave Nvidia the green light to sell H200 chips to China last month. In late January, Beijing reportedly gave three of China's largest tech companies, ByteDance, Alibaba (BABA, 9988.HK), and Tencent (0700.HK, TCEHY), approval to purchase more than ‌400,000 H200 chips.

Nvidia's earnings call is underway. You can listen to it live here.

CFO Colette Kress called out that the hyperscalers — Big Tech firms like Amazon (AMZN), Microsoft (MSFT), and Meta (META) that provide large-scale cloud services — continue to have a strong appetite for Nvidia's data center chips.

\\"Analysts expectations for 2026 capex across the top five cloud providers and hyperscalers, who collectively account for a little over 50% of our data center revenue, are up nearly $120 billion since the start of the year and approaching $700 billion,\\" Nvidia CFO Colette Kress said on the earnings call. \\"We continue to expect the transition of classic data center workloads to GPU-accelerated computing and the use of AI to enhance today's hyperscale workloads and contribute toward roughly half of our long-term opportunity.\\"

\\"The transition to accelerated computing and the infusion of AI across existing hyperscale workloads continue to fuel our growth,\\" Nvidia CFO Colette Kress says, adding: \\"Agentic and physical AI applications built on increasingly smarter and multimodal models are beginning to… pic.twitter.com/0MuWYqac9f

— Yahoo Finance (@YahooFinance) February 25, 2026

Reuters reports:

Salesforce forecast fiscal 2027 revenue below Wall Street expectations on Wednesday, ‌signaling sluggish spending on enterprise business software ‌as it invests heavily in its artificial intelligence platform to ​drive up demand.

Shares of the San Francisco-based company fell nearly 4% in extended trading, having lost over 28% this year.

It expects annual revenue in the ‌range of $45.80 billion ⁠to $46.20 billion, with the midpoint coming in slightly below an estimate of $46.06 billion, ⁠according to data compiled by LSEG.

The cloud ‌software provider raised its 2030 ​revenue forecast to $63 billion, up ​from its October ​projection of more than $60 billion, citing ‌agentic AI as a catalyst ​for growth.

Read more here.

Nvidia (NVDA) stock popped by more than 3% after earnings beat expectations and delivered a strong revenue outlook for the first quarter.

Nvidia said it expects revenue of $76.44 billion to $79.56 billion in Q1, ahead of expectations of $72.78 billion, according to Bloomberg consensus estimates.

Here's what Nvidia reported for the fourth quarter compared to analyst estimates compiled by Bloomberg:

Earnings per share: $1.62, versus expectations of $1.53 and $0.89 per share a year ago

Revenue: $68.13 billion, versus expectations of $65.8 billion and $39.3 billion a year ago

Data center revenue: $62.3 billion, versus expectations of $60.2 billion

Gaming revenue: $3.7 billion, versus expectations of $4 billion

Gross margins: 75.2%, versus expectations of 75%

Data Center compute revenue ($51.3 billion, up 58% from a year ago) and networking revenue ($11.0 billion, up 263%) both also reached record highs.

;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\\" class=\\"link yahoo-link\\">Read the full earnings breakdown here >

Steve Madden's (SHOO) stock fell 5% on Wednesday after the shoe and handbag maker withdrew its 2026 earnings forecast due to tariff uncertainty, in the first sign of chaos since the Supreme court shut down President Trump's tariffs last week Friday.

Reuters reports:

In a landmark ruling that could have major implications for the global economy, the Supreme ​Court struck down President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies.

Following the ruling, the United States began collecting a temporary new 10% global import tariff on Tuesday, but the Trump administration was working to increase it to 15%, ‌a White House official said.

Consumer ⁠companies have been among the worst hit from President Donald Trump's flip-flop on tariffs, with several resorting to withdrawing their financial guidance or slashing ⁠forecasts last year.

\\"The limited visibility is understandable given the fluidity of the U.S. tariff environment and uncertainty as to where rates will settle,\\" analysts with Telsey Advisory Group said in a note.

Read more here.

First Solar (FSLR) stock plunged by around 16% on Wednesday morning after the solar company issued a bleaker-than-expected full-year outlook.

The company said it expects 2026 net sales in a range of $4.9 billion to $5.2 billion, whereas the Street was looking for guidance of $5.6 billion.

In the fourth quarter, First Solar reported earnings per share of $4.84, missing analyst estimates for $5.17 per share, according to S&P Global Market Intelligence. Revenue of $1.68 billion came in ahead of forecasts for $1.56 billion.

“Our growth journey continued into 2025, with the commissioning of our new Louisiana factory and our decision to establish a new facility in South Carolina,” said CEO Mark Widmar. “As we navigated a rapidly evolving environment, we maintained a disciplined approach to contracting and remained anchored in our core principle of pricing and delivery certainty, a key differentiator that our customers value.”

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