Research
The season in review: weekly digests of every call that printed, and end-of-season summaries of what the tape actually said, sector by sector.
Week of October 12, 2026
Mixed earnings week dominated by consumer staples and industrials. PepsiCo beat EPS but disappointed on margins and North American execution, cutting Q4 guidance despite maintaining full-year targets—signaling a strategi
Read the digestWeek of October 5, 2026
A mixed earnings week dominated by AI infrastructure tailwinds offsetting macro consumer weakness. Technology and industrials delivered strong beats driven by AI capex acceleration and strategic customer agreements, whil
Read the digestWeek of September 28, 2026
A mixed week of earnings across consumer staples, business services, and retail, with notable divergence between execution and macro headwinds. GIS and COST both missed EPS expectations but signaled confidence in inflect
Read the digestWeek of September 21, 2026
AutoZone delivered a mixed quarter with revenue and operational beats masked by significant EPS miss due to a $20M LIFO charge. The standout story is domestic commercial acceleration (10.4% comp growth) driven by mega-hu
Read the digestWeek of September 14, 2026
Oracle delivered a dominant earnings beat with 21% organic EPS growth and 20%+ organic revenue growth—the first time in 15+ years achieving both metrics simultaneously. The quarter showcased three reinforcing growth engi
Read the digestWeek of September 7, 2026
A mixed earnings week dominated by AI infrastructure tailwinds and margin management challenges. Ciena delivered a blowout quarter with record profitability and 30%+ FY2027 guidance, driven by unprecedented optical netwo
Read the digestWeek of August 31, 2026
A blockbuster earnings week dominated by AI infrastructure acceleration, platform consolidation, and margin resilience across software and hardware. Seven of nine companies beat EPS expectations, with the most significan
Read the digestWeek of August 24, 2026
A week of broad-based earnings beats across retail, software, semiconductors, and industrials, with AI infrastructure demand emerging as the dominant macro theme. Retail (WMT, TJX, EL) demonstrated resilience through ope
Read the digestWeek of August 20, 2026
A transformative week for earnings, dominated by AI infrastructure acceleration and margin expansion across semiconductors, technology, and select retail. Applied Materials delivered a historic beat with record revenue o
Read the digest