Marvell Technology Group LtdQ2 revenue up 37% YoY to $2.74B, beating estimates.
All 18 S&P 500 companies that reported earnings last week beat Wall Street's EPS estimates and posted year-over-year earnings growth, with 17 of 18 also beating revenue estimates. Notable results included CrowdStrike, which surged after Q2 revenue rose 25.8% to $1.47B, and Nvidia, whose Q2 revenue more than doubled to $96.22B. HP lifted its FY2026 adjusted EPS outlook to $3.19-$3.29, while Best Buy raised its FY2027 revenue outlook to $42.3B-$42.8B. Marvell Technology delivered Q2 revenue of $2.74B, up 37% year-over-year, and Autodesk raised its FY2027 billings outlook to $8.575B-$8.65B. Intuit beat Q4 estimates but fell on softer FY2027 guidance. Upcoming reports include Palo Alto Networks, Broadcom, Medtronic, and lululemon athletica.
Marvell Technology Group LtdQ2 revenue up 37% YoY to $2.74B, beating estimates.
NVIDIA CorporationQ2 revenue more than doubled to $96.22B, beating estimates.
Broadcom Inc
Autodesk IncAutodesk raised its FY2027 billings outlook to $8.575B-$8.65B, beating estimates.
Intuit IncIntuit beat Q4 estimates but fell on softer FY2027 guidance.
NetApp Inc
Crowdstrike Holdings IncCrowdStrike surged after Q2 revenue rose 25.8% to $1.47B, beating estimates.
Palo Alto Networks Inc
Best Buy Co. IncBest Buy raised its FY2027 revenue outlook to $42.3B-$42.8B, beating estimates.
Lululemon Athletica Inc.
Campbell’s Co
Hormel Foods Corporation
HP IncHP lifted its FY2026 adjusted EPS outlook to $3.19-$3.29, beating estimates.
Medtronic PLC