Revenue Beats

• Alphabet reported second-quarter earnings on Wednesday, beating revenue expectations despite the company's stock price declining following the announcement. • The stock dip is primarily attributed to investor concerns over a projected increase in capital expenditures (capex) heading into 2026. • This spending surge is driven by the company's aggressive investments in AI infrastructure to remain competitive in the evolving search and cloud markets.

• Nvidia reported a significant revenue surge of 85%, beating market expectations driven by the ongoing artificial intelligence boom. • Despite the strong financial performance, the company's shares slipped in late trading as investors expressed caution. • The decline is attributed to intensifying competition and the trend of major big tech customers developing their own in-house AI alternatives.

• Camden Property Trust surpassed analyst expectations for Q1 2026 EPS and revenue, as detailed in its May 10 earnings call transcript. • Despite the strong financial results, the company's stock price declined following the announcement, mirroring broader REIT market pressures. • The outperformance highlights resilient demand in the multifamily housing sector amid economic uncertainties.

• The Trade Desk reported Q1 2026 revenue of $688.86 million, up 12% year-over-year and beating consensus estimates of $678 million. • Adjusted EBITDA reached $206 million with a 30% margin, down from 34% in Q1 2025, while adjusted EPS of $0.28 missed the $0.32 forecast. • Shares fell 1.75% to $23.08 on May 7, now down 77.62% from the 52-week high of $91.45, as CEO Jeff Green cited macroeconomic complexities.

• Nvidia posted first-quarter revenue of $28.3 billion, representing a 106% year-over-year increase and surpassing Wall Street consensus forecasts by 8%, driven primarily by sustained demand for AI data center GPUs. • The chipmaker's gross margin expanded to 72.1%, the highest level in five quarters, as production efficiency gains and favorable product mix offset supply chain costs. • Guidance for Q2 revenue of $32-34 billion exceeded analyst estimates, reinforcing investor confidence in the artificial intelligence infrastructure boom and supporting semiconductor sector valuations amid broader market volatility.

• Amazon reported Q1 revenue of $178.4 billion, exceeding analyst expectations by 6%, with AWS (Amazon Web Services) cloud division generating $27.8 billion in revenue and posting 31% year-over-year growth. • Net income reached $5.1 billion, representing a 47% increase versus the year-ago quarter, driven by operational efficiencies and robust demand for cloud infrastructure supporting AI applications. • The company raised full-year revenue guidance to $760-775 billion, the upper end of which implies acceleration in growth rates, reinforcing Amazon's position as a primary beneficiary of enterprise AI spending and consumer e-commerce resilience.