Keyword → ZS

Nasdaq-100 Adds CoreWeave, Astera Labs, Rocket Lab in First Rank-Based Rebalance — Drops Zscaler, Cognizant, Charter

The Nasdaq-100 added Astera Labs, CoreWeave, Nebius Group, Rocket Lab, and Teradyne while removing Charter Communications, Cognizant, Insmed, Verisk Analytics, and Zscaler, effective at today's open. It marks the first rebalance under Nasdaq's new rank-based quarterly methodology adopted in May 2026, tilting the index further toward AI infrastructure. The S&P 500 made a separate two-stock swap the same day, triggering forced buying and selling from index funds tracking roughly $800 billion in assets.

Magnificent Seven ETF Up 14% in April as Big Tech Rally Faces Its First Real Test of the Week

The Roundhill Magnificent Seven ETF has surged more than 14% in April alone — on track for its largest monthly gain on record — led by Tesla's 15% weekly rally and Microsoft's near-14% weekly gain, its best week since 2007. But with the group's collective Q1 earnings expected to show 20% EPS growth and Iran tensions reigniting Monday, analysts warn the rally's technical foundation remains fragile without broader market breadth confirmation.

Adobe Systems Reports Q1 Earnings Thursday — Wall Street Expects AI-Driven Revenue Acceleration to Offset Macro Headwinds

Adobe Systems reports fiscal Q1 2026 earnings Thursday after the close, with Wall Street expecting AI-driven subscription growth in its Creative Cloud and Document Cloud businesses to offset broader software spending hesitancy, as the stock trades near a critical technical support level that analysts say could define the setup for the rest of the year.

Alibaba Reports Q3 Fiscal 2026 Results: Revenue Misses Estimates but Cloud and AI Growth Accelerate Ahead of Key Catalyst Period

Alibaba reported its December quarter fiscal 2026 results Thursday before the U.S. market open, posting earnings per share of $6.96 — missing the $11.88 consensus estimate — alongside revenue that fell short of expectations. However, the company's Alibaba Cloud and AI services divisions showed continued acceleration, and investors are closely watching for guidance on the company's capital allocation plans and the domestic Chinese economic environment heading into the new fiscal year.

Meta Platforms Surges on Report of 20% Workforce Reduction to Offset Surging AI Infrastructure Costs

Meta Platforms shares climbed more than 2% Monday after Reuters reported that top executives have directed senior leaders to begin planning layoffs affecting at least 20% of the company's roughly 79,000 employees — a move analysts say would be the largest restructuring since Meta's 2022 'Year of Efficiency.' The cuts are designed to offset the company's $115 to $135 billion capital expenditure plan for 2026, driven by a massive push into generative AI infrastructure and the newly formed Meta Superintelligence Lab.

Adobe Shares Tumble as CEO Shantanu Narayen Announces Departure After 18-Year Tenure

Adobe shares fell sharply Friday after the creative software giant announced that CEO Shantanu Narayen would step down following 18 years at the helm, even as the company delivered first-quarter results that beat Wall Street expectations on both revenue and earnings. The leadership transition, coming amid deepening investor anxiety over Adobe's artificial intelligence competitive position, sent shares down more than 5% during morning trading.

Oracle Surges 10% After Cloud Revenue Explodes 84%, Raises FY2027 Guidance to $90 Billion

Oracle delivered a landmark fiscal third-quarter earnings beat on Tuesday, with cloud infrastructure revenue soaring 84% year-over-year to $4.9 billion, driven by insatiable AI workload demand. The company raised its fiscal 2027 revenue guidance to $90 billion and reported its first simultaneous 20%-plus growth in both revenue and earnings in over 15 years, sending shares up more than 10% in Wednesday trading.

Oracle Reports Q3 FY2026 Earnings After the Bell: AI Infrastructure Bet and Cash Burn Under Scrutiny

Oracle Corporation is set to release its fiscal third-quarter 2026 results after Tuesday's market close, with Wall Street projecting revenue of approximately $16.9 billion and non-GAAP earnings per share near $1.70. Investors will scrutinize whether the company's massive AI infrastructure spending — and a reported plan to cut up to 30,000 jobs — is translating into sustainable cash flow, as the stock remains down roughly 54% from its September 2025 peak.

CrowdStrike Reports Q4 Earnings After the Bell as Cybersecurity Demand Tests Resilience Against AI Competition

CrowdStrike Holdings is scheduled to report fiscal fourth-quarter results after Tuesday's close, with analysts projecting earnings of $1.10 per share on revenue of approximately $1.3 billion — a 22.6% year-over-year increase. The report comes amid a 24.5% three-month decline in the stock, driven by fears that AI-native security tools could erode the company's competitive moat in enterprise cybersecurity.