At a glance: No S&P 500 names report today — a quiet close to a week that peaked Wednesday with Nvidia, CrowdStrike and Salesforce and wrapped with the software-and-retail cluster scored below. The next print doesn't land until Tuesday, when Palo Alto Networks and Dell open a heavy AI-infrastructure week that runs through Broadcom, Ciena and Lululemon.

Note: some figures were unavailable in today's data build — the earnings calendar was missing actuals for 3 previously previewed name(s), which were scored from a secondary source instead; treat any gaps as a data limitation, not a quiet print.

Scorecard — reported since we last wrote

Eight names to mark against Thursday's preview, and the standout pattern is how uniformly the tape punished beats. Marvell topped consensus by a modest 1.0% with reported EPS up a sharp 17.5% sequentially, yet shares still slid 8.4% after hours — a continuation of Wednesday's skepticism toward AI-supply-chain names regardless of the print. Autodesk (EPS +5.6%, revenue +1.7%, sequential EPS +10.4%) and Workday (EPS +5.3%, sequential EPS +3.4%) both beat cleanly and both still fell after hours, down 4.4% and 2.2% respectively — clean beats that bought neither software name any relief. On the retail side, Dollar General beat by 11.1% on EPS and 0.9% on revenue even as reported EPS actually fell 10.1% versus the prior quarter — the only name in the batch where the headline beat and the sequential trend pointed in opposite directions — and it was rewarded anyway, adding 2.5% in the regular session, the sole gainer of the day. Dollar Tree's 94.0% EPS beat was the largest surprise on the slate, but revenue missed by 3.1% and the stock fell 3.9% regardless, a reminder that a surprise that outsized was carried by items below the top line rather than by revenue strength. Ulta beat by 5.6% on EPS but with reported EPS down 15.4% sequentially, and dropped 2.9% after hours; Best Buy beat both lines (EPS +6.5%, revenue +1.9%) yet still slid 4.4% in the regular session. Hormel closed out the week's worst reaction — a 4.6% EPS beat undercut by a 2.5% revenue miss — and shares fell 10.2%, the sharpest move of any name this week despite one of the smaller surprises.

The week ahead

Next week reopens the calendar with the year's most consequential semis-and-AI-infrastructure stretch. Tuesday brings Palo Alto Networks after the close, consensus $1.00 and a 10.5% implied move, with management's own guide calling for roughly 32% revenue growth and NGS ARR into the high-$8 billions — the debate is whether platformization, freshly bolstered by the CyberArk and Chronosphere additions and a Prisma AIRS line management has called its fastest-growing product ever, keeps that growth rate from decelerating. Dell reports the same evening at $5.01 consensus and a 12.6% implied move, carrying a record AI-server backlog into the print and guidance for roughly 50% revenue growth, though supply constraints across memory, CPUs, optical components and hard drives are the swing factor on how much of that backlog converts to revenue this quarter versus next. Medtronic opens Tuesday before the bell at $1.40 consensus. Wednesday is the heaviest single name of the week: Broadcom, consensus $3.30 and an 8.1% implied move, has guided AI-semiconductor revenue to $16 billion, more than 200% higher year-on-year and over half of total revenue, with the real test being whether management finally raises its long-standing $100 billion-plus fiscal 2027 AI target after declining to do so last quarter triggered a double-digit selloff despite a beat — a backlog of AI bookings well ahead of what's already shipped gives visibility into 2028 regardless of the near-term number. Hewlett Packard Enterprise ($0.94 consensus, 12.0% implied move), NetApp ($2.16), Copart ($0.39) and Brown-Forman ($0.38) round out Wednesday. Thursday's cluster pairs Ciena, consensus $1.76 and a 13.3% implied move, whose AI-driven optical-networking demand has been running ahead of supply with cloud-provider revenue now nearly half of sales, against Lululemon, consensus $1.83 and a 10.0% implied move, guiding a second straight quarter of falling North American sales as tariffs — currently modeled at a 10% incremental rate, stepping up to 20% for the back half — compress margins even as China and other international growth partly offset the domestic softness. The macro backdrop is dense too: ISM Manufacturing and JOLTS data land Tuesday, the Fed's Beige Book and ADP's employment report Wednesday, ISM Services Thursday, and the August jobs report caps the week Friday — all landing ahead of the Fed's September 15–16 meeting and likely to color how the market reads any of this week's tariff and demand commentary.

Informational only — not investment advice. Figures are consensus/estimates and option-implied values from public sources and may be revised.