🇺🇸 昨夜美股行情日报 | 2026-03-02

对应美股交易日：2026-02-27（周五）收盘。数据计算口径：用 Stooq 日线（前一日收盘→当日收盘计算涨跌幅；日内振幅用(High-Low)/前收）。

我对这晚的感觉很直接：大盘整体不算崩，但“结构”挺狠——金融/小盘偏弱（XLF、IWM），科技/半导体跟着回撤（XLK、SMH），同时能源（XLE）逆势走强。AI链条里最典型的分化是：DELL 业绩+指引把“AI服务器”叙事推到极致，CRWV 则把“GPU云/算力租赁的盈利质量”这根刺扎得更深。

1) 指数复盘（ETF）

标的	收盘涨跌	日内高/低	日内振幅(高-低/昨收)	收盘价	数据日
SPY	-0.48%	686.86 / 681.64	0.76%	685.99	2026-02-27
QQQ	-0.32%	608.32 / 602.19	1.01%	607.29	2026-02-27
DIA	-1.05%	490.95 / 486.76	0.85%	489.66	2026-02-27
IWM	-1.72%	262.76 / 259.77	1.12%	261.41	2026-02-27

2) 板块复盘（ETF）

板块ETF	收盘涨跌	日内高/低	日内振幅(高-低/昨收)	收盘价	数据日
XLK	-1.60%	139.76 / 137.94	1.29%	138.76	2026-02-27
SMH	-1.37%	409.24 / 401.88	1.79%	406.37	2026-02-27
SOXX	-1.26%	354.03 / 348.34	1.59%	352.29	2026-02-27
XLF	-2.04%	52.06 / 51.01	2.00%	51.43	2026-02-27
XLE	+1.58%	56.15 / 54.92	2.23%	55.92	2026-02-27

3) 宏观资产（至少覆盖 3 项）

资产	变动	日内高/低	日内振幅(高-低/昨收)	最新值	数据日
10Y美债收益率	-6.3bp	4.00% / 3.94%	1.52%	3.94%	2026-02-27
DXY	-0.20%	61.12 / 60.93	0.31%	60.99	2026-02-27
USO	+2.73%	82.12 / 80.58	1.93%	81.95	2026-02-27
GLD	+1.31%	483.90 / 479.11	1.00%	483.75	2026-02-27
BTCUSD	-3.01%	68,217 / 65,144	4.54%	65,591	2026-02-27

4) AI / 科技公司（12 家）——发生了什么 + 为什么影响股价

NVDA

NVDA：-4.16%（H 182.59 / L 176.38，振幅 3.36%）

发生了什么：当晚高β的 AI/半导体整体承压，NVDA 成了“情绪宣泄口”。同时，市场在盯两条线：一条是宏观数据与政策不确定性让估值敏感的成长股重新定价；另一条是算力链条里（尤其 GPU 云/租赁模式）的预期波动放大了对上游的联想。

为什么影响股价：NVDA 的股价弹性太强——当宏观/政策噪声出现时，资金更愿意先减掉“最赚钱但也最贵、最拥挤”的仓位。交易上你会看到它经常领先 SMH/SOXX 放大波动，这种夜里往往是“先砸再问”。（市场主线解读来源：Investopedia 市场复盘）

AMD

AMD：-1.70%（H 201.89 / L 197.74，振幅 2.04%）

发生了什么：AMD 跟随半导体板块回撤，更多是“板块贝塔”而不是公司级事件驱动。

为什么影响股价：在风险偏好下降的日子，市场会把“AI GPU / 加速卡”整体当成同一篮子卖，细分差异（份额、产品节奏）反而不重要。对交易来说，AMD 往往是 NVDA 的二级杠杆：当 NVDA 走弱、SMH 走弱时，AMD 很难独善其身。

MSFT

MSFT：-2.24%（H 396.82 / L 389.88，振幅 1.73%）

发生了什么：大盘情绪偏谨慎时，巨头里“AI 资本开支故事”最强的也容易被拿来做减仓对象。与此同时，市场仍在消化 OpenAI 融资/估值与云厂商、AI 基建的关系链。

为什么影响股价：MSFT 的关键不是“有没有 AI”，而是“AI 能不能把云的投入变成可持续利润”。当通胀/政策不确定性推高折现率敏感度时，资金会更挑剔：你只要 Capex 很大，就更容易被要求给出更确定的 ROI 路径。

AAPL

AAPL：-3.21%（H 272.81 / L 262.89，振幅 3.63%）

发生了什么：AAPL 当晚跌幅在 mega-cap 里偏靠前，属于“风险规避 + 消费/供应链叙事被压一头”的典型。

为什么影响股价：AAPL 的估值通常靠稳定现金流支撑，但当市场把焦点转向宏观数据、关税/政策不确定性时，供应链与消费弹性会被重新贴价。短线交易上，它常常像一个“情绪温度计”：一旦 AAPL 也被砸，说明风险偏好真的在降。

GOOGL

GOOGL：+1.42%（H 312.37 / L 303.80，振幅 2.79%）

发生了什么：在科技整体偏弱的背景下，GOOGL 还能收红，更多是资金在 mega-cap 内部做相对切换：从高波动/高估值方向撤出，往“现金流+广告/搜索基本盘更稳”的方向挪。

为什么影响股价：当宏观噪声上来，资金会更偏好“确定性收入 + 估值不那么极端”的配置。交易上，GOOGL 的相对强弱可以用来判断：市场是在“卖科技”还是在“卖风险资产”。

META

META：-1.34%（H 649.44 / L 638.12，振幅 1.72%）

发生了什么：META 跟随科技回撤，整体更像风险偏好回落下的仓位调整。

为什么影响股价：META 的核心仍是广告周期与成本纪律，但短线股价常被纳入“AI mega-cap”篮子波动。当利率/政策不确定性抬头，资金会先把 beta 较高的仓位缩一圈。

AMZN

AMZN：+1.00%（H 210.33 / L 205.20，振幅 2.47%）

发生了什么：AMZN 当晚偏强，表现更接近“云+电商的综合防守属性”在发挥作用。

为什么影响股价：同样是 AI 受益股，AMZN 的 AWS 现金流属性更明显，短线容易获得相对防守溢价。对交易来说，这种分化常见于风险偏好从极端回落的阶段：市场不愿意全卖，只是从最拥挤处撤到“更稳的巨头”。

TSM

TSM：-0.59%（H 376.68 / L 368.62，振幅 2.14%）

发生了什么：TSM ADR 小幅回撤，属于半导体链条同步降温。

为什么影响股价：对 TSM 来说，短线更多取决于“全球算力投资的景气预期”与“美元/利率”两条线。风险规避时，TSM 常常跟 SMH 同步，但幅度比 NVDA/AMD 更温和。

ASML

ASML：-0.90%（H 1,461.72 / L 1,424.50，振幅 2.54%）

发生了什么：ASML 当晚也偏弱，属于半导体资本开支链条被一起估值重算。

为什么影响股价：ASML 的长期逻辑很硬，但短线会受“景气/订单能见度/政策与出口限制预期”影响。当市场进入风险规避模式，资金往往会同时压缩“高估值硬科技”。

DELL

DELL：+21.93%（H 148.86 / L 136.11，振幅 10.50%）

发生了什么：Dell 公布 FY26 Q4 与全年业绩、并给出强势 FY27 指引，核心关键词是 AI 服务器：AI-optimized servers 收入暴增、订单与 backlog 都非常夸张（并上调了 FY27 对 AI 服务器收入的预期）。

为什么影响股价：这类行情的本质是“AI 基建落到订单/现金流”。当市场对 AI 叙事开始更挑剔时，最能打的反而是这种：给你实打实的订单、出货、利润和指引。交易上，DELL 这种暴拉通常会把一整条链（服务器、交换机、散热、电源、机柜）都重新点火，但第二天要盯一个风险：如果大盘情绪继续差，高开后的回吐会很凶。（来源：Dell 财报新闻稿）

CRWV

CRWV：-18.51%（H 84.38 / L 75.66，振幅 8.93%）

发生了什么：CoreWeave 当晚大幅回撤。它本身披露的业绩与业务数据很亮眼（例如收入增长、客户与 backlog 等），但市场更在意的是“下一段增长是不是要以更差的盈利/更高的融资成本换来”。同时，媒体复盘里也把它点名为“指引/预期不够好”的拖累项之一。

为什么影响股价：GPU 云/算力租赁模式的关键风险是：资产重、折旧重、资金成本敏感。只要宏观利率/风险偏好不利，市场就会立刻把这种模式按更高风险折现。交易上，CRWV 的下跌会反过来压制 NVDA/AMD 等上游情绪，因为它是“真实需求能否持续”的代表样本之一。（来源：CoreWeave 业绩新闻稿 + Investopedia 市场复盘）

ORCL

ORCL：-3.27%（H 146.08 / L 142.10，振幅 2.65%）

发生了什么：ORCL 当晚偏弱，更像软件/大型科技跟随回撤，没有看到单一公司新闻主导。

为什么影响股价：当市场风险偏好回落时，软件股常常被当成“估值仓位”先砍一刀。对交易来说，ORCL 更适合当作“企业 IT / 云基础设施”情绪的一部分去看：若软件持续弱而硬件强，说明资金在押“AI 基建>软件变现”的阶段性路径。

5) 重要事件（至少 5 条）——影响谁 / 为什么 / 交易上怎么用（含来源）

事件 1：PPI（批发通胀）读数偏热，市场重新定价政策路径

影响谁：QQQ/XLK/SMH 这类估值敏感资产首当其冲；同时也会波及 IWM（小盘更吃资金成本）。

为什么：当通胀数据偏热，市场会担心“更高利率更久 / 降息更晚”，即便当日收益率最后走低（避险买盘）也不妨碍估值先被压缩。

交易上怎么用：你可以把 QQQ 的日内高低（608.32/602.19）当作次日区间参考——若数据/政策噪声继续，做多更像是“突破再追”，不是“抄底硬接”。

来源： https://www.investopedia.com/stock-market-today-dow-jones-s-and-p-500-02272026-11915796

事件 2：关税/政策不确定性再次抬头

影响谁：跨境供应链更长的消费电子/硬件（AAPL、硬件链）以及工业/周期板块。

为什么：关税本质上是“成本与定价权”的再分配，市场在不确定阶段会先给估值打折，等政策落地再修正。

交易上怎么用：如果你做短线，关注 XLF/IWM 的相对弱势（当晚 XLF、IWM 走弱）——它通常比 QQQ 更早反映“风险偏好退潮”。

来源： https://www.investopedia.com/stock-market-today-dow-jones-s-and-p-500-02272026-11915796

事件 3：OpenAI 新一轮巨额融资/估值消息，AI 基建叙事继续加码

影响谁：上游算力与基础设施（NVDA/AMD/DELL/AVGO/MRVL 等），以及云/平台（MSFT/AMZN/GOOGL）。

为什么：融资扩张会推高“算力需求可能仍在上行”的想象空间，但也会让市场更纠结：这波 AI 的利润到底由谁拿走？

交易上怎么用：做多不必急，但要盯“订单型公司”（像 DELL）和“供给链关键环节”是否形成持续相对强势——那是资金选择方向的证据。

来源： https://www.investopedia.com/stock-market-today-dow-jones-s-and-p-500-02272026-11915796

事件 4：Dell FY26 Q4/FY26 全年业绩与 FY27 指引强势（AI 服务器订单/出货/Backlog）

影响谁：服务器/数据中心硬件链条（DELL、上游半导体/互联、机房基础设施），以及整个“AI Capex 兑现”交易。

为什么：在“叙事→兑现”的转换期，市场最愿意奖励的是可量化的订单、backlog 与指引。

交易上怎么用：如果你要顺势，第二天更像是做“强者恒强 + 回踩不破关键位再加仓”，而不是追最高点。对于对冲，可以用 QQQ/SMH 的弱势来做对冲腿。

来源： https://www.stocktitan.net/news/DELL/dell-technologies-delivers-fourth-quarter-and-full-year-fiscal-2026-nwzqxmjbb1p1.html

事件 5：CoreWeave 披露 FY25 业绩，但市场对增长质量/指引更敏感

影响谁：GPU 云/算力租赁链（CRWV）以及上游情绪（NVDA/AMD/SMH）。

为什么：资产重、融资依赖强的模式，在风险偏好下降时会被更严格地估值；如果指引/利润率不够让人安心，股价会被迅速惩罚。

交易上怎么用：CRWV 更像“AI 需求边际变化的高频探针”。如果它持续弱，而 DELL 强，说明资金偏好“硬件订单兑现”而不是“算力租赁模式”。可考虑用对冲/价差表达这种结构（比如做多 DELL、对冲 SMH 或对冲高β算力云）。

来源： https://www.stocktitan.net/news/CRWV/core-weave-reports-strong-fourth-quarter-and-fiscal-year-2025-277p2tbuoout.html

事件 6：Block 大裁员并提及 AI（劳动效率/组织重构）

影响谁：软件/互联网平台的“提效”交易，以及市场对 AI 的第二层定价：AI 不只是收入故事，也是成本结构故事。

为什么：当公司用裁员/组织重构来强调 AI 提效，短期会被解读成成本纪律；但也会引发对“需求到底有没有那么强”的反向思考。

交易上怎么用：别把这种新闻当成单日买卖信号，更适合用来判断市场的叙事阶段：从“买增长”转向“买效率”的时候，估值更容易压缩但盈利更受重视。

来源： https://www.investopedia.com/block-lays-off-40-percent-of-staff-citing-ai-ceo-dorsey-says-other-firms-will-make-similar-moves-xyz-11915921

6) 财报雷达（未来 7 天：重要科技/AI）

• 2026-03-02（周一，美股盘后）：MongoDB (MDB) —— Q4 & FY2026 业绩电话会（来源：https://www.stocktitan.net/news/MDB/mongo-db-inc-announces-date-of-fourth-quarter-and-full-fiscal-2026-zem6j87uglgj.html）
• 2026-03-02（周一，美股盘后）：Credo (CRDO) —— Q3 FY2026（同时披露了更高的初步营收区间）（来源：https://www.stocktitan.net/news/CRDO/credo-provides-preliminary-third-quarter-fiscal-year-2026-revenue-twk8mdp3m3u7.html）
• 2026-03-03（周二，美股盘后）：CrowdStrike (CRWD) —— Q4 & FY2026（来源：https://www.nasdaq.com/press-release/crowdstrike-announces-date-fourth-quarter-and-fiscal-year-2026-financial-results）
• 2026-03-03（周二，美股盘后）：GitLab (GTLB) —— Q4 & FY2026（来源：https://about.gitlab.com/press/releases/2026-02-17-gitlab-to-announce-fourth-quarter-and-full-fiscal-2026-financial-results/）
• 2026-03-04（周三，美股盘后）：Broadcom (AVGO) —— Q1 FY2026（来源：https://www.nasdaq.com/press-release/broadcom-inc-announce-first-quarter-fiscal-year-2026-financial-results-wednesday）
• 2026-03-05（周四）：Marvell (MRVL) —— Q4/FY2026（来源：https://investor.marvell.com/news-events/press-releases/detail/1006/marvell-technology-inc-announces-conference-call-to-review-fourth-fiscal-quarter-and-fiscal-year-2026-financial-results）

（说明：这份雷达只列“我能抓到明确公告/新闻稿”的公司；如果你希望覆盖更全的 earnings calendar，我需要一个可抓取的日历源，或改用浏览器渲染抓表。）

7) 今日策略（偏多 / 偏空 / 观望三档 + 触发条件）

偏多：前提是 QQQ 重新站上并有效突破昨夜高点 608 一带，同时 SMH 不再创新低、XLF 不继续拖后腿。触发后更适合做“跟随趋势”的交易（追强、回踩接），而不是在区间里硬抄底。

偏空：如果 QQQ 跌破昨夜低点 602 且反抽无力，或者金融/小盘继续走弱（XLF、IWM 再次明显跑输），那更像是风险偏好继续退潮。触发后可以考虑用 QQQ/SMH 做空或用看跌期权/价差对冲。

观望：如果 QQQ 被锁在 602–608 区间内，且 10Y/DXY 没有给出明确方向，这种盘更像“消息消化期”。观望的好处是，等财报（MDB/CRDO/CRWD/GTLB/AVGO/MRVL）给出方向，再顺势做结构。

---

附：来源留档（原文抓取 + 留存）

Source 1: Stock Market Today: Feb 27, 2026 (Investopedia) — market recap

URL: https://www.investopedia.com/stock-market-today-dow-jones-s-and-p-500-02272026-11915796

Captured_at: 2026-03-02T08:00:00+08:00

---

Markets News, Feb. 27, 2026: Major Indexes End Sharply Lower After Inflation Reading Comes in Hotter Than Expected; Dow Sheds More Than 500 Points By Aaron Rennie Full Bio A former Senior Publishing Editor on the Dow Jones Newswires team at The Wall Street Journal, Aaron earned a

Bachelor’s degree in Economics from the University of Michigan and a Master’s in Journalism from Columbia University. Learn about our editorial policies Updated February 27, 2026 04:12 PM EST The Nasdaq and S&P 500 finished lower for February. TIMOTHY A. CLARY / AFP via Getty Im

ages Close Major stock indexes plunged Friday to conclude a mostly negative month of trading after a wholesale inflation reading came in hotter than expected. The blue-chip Dow Jones Industrial Average, tech-heavy Nasdaq, and benchmark S&P 500 finished down a respective 1.1%, 0.9

%, and 0.4%, with the Dow shedding about 520 points as financial stocks American Express (AXP) and Goldman Sachs (GS) weighed on the index. The Nasdaq and S&P 500 ended lower for February, while the Dow finished 0.2% higher for its 10th straight month of gains. The Producer Price

Index data indicated that prices increased by 0.5% in January, ahead of economists’ estimates of a 0.3% rise, while “core” prices increased by 0.8%, double expectations. The 10-year Treasury yield, which influences interest rates on a variety of consumer loans including mortgage

s, was trading below 3.97% at 4 p.m. ET, down from Thursday’s close around 4.01%. Nvidia (NVDA) shares ended a further 4% lower Friday after sinking 5.5% yesterday, when the world’s most valuable company was the worst-performing stock in the S&P 500 and Nasdaq even though it had

reported blockbuster results. Privately held ChatGPT parent OpenAI announced before the bell Friday that it had raised $110 billion in new investment at a $730 billion valuation, including $50 billion from Amazon (AMZN) and $30 billion apiece from Nvidia and SoftBank. “We’ve also

signed a strategic partnership with Amazon and secured next generation inference compute with NVIDIA,” OpenAI said. “Additional financial investors are expected to join as the round progresses.” Shares of Amazon ended up nearly 1%. Shares of Netflix (NFLX) surged 14% after the s

treaming giant announced it wouldn’t match Paramount Skydance’s revised bid to acquire all of Warner Bros. Discovery (WBD) for $31 a share. Shares of David Ellison-led Paramount (PSKY) soared 21%, while those of WBD slipped 2%. Block (XYZ) shares jumped 17% after the Square and C

ash App parent said it plans to slash 40% of its workforce, which founder Jack Dorsey wrote in a shareholder letter accompanying its earnings report was due to advancements in “intelligence tools.” In post-earnings moves, shares of Dell Technologies (DELL) surged 22%, CoreWeave (

CRWV) dropped 19%, FanDuel parent Flutter Entertainment (FLUT) sank 14%, and Zscaler (ZS) retreated 12%. Bitcoin was trading around $65,600, down from overnight highs above $68,200. The U.S. dollar index, which tracks the value of the greenback against a basket of currencies, was

0.2% lower at 97.58. Gold futures were about 1.5% higher at around $5,280 an ounce, while silver futures advanced 7.5% to $94.25 an ounce. West Texas Intermediate futures, the U.S. crude oil benchmark, rose more than 3% to $67.30 a barrel. Nasdaq, S&P 500 End February Lower; Dow

Posts 10th Straight Monthly Gain February 27, 2026 04:08 PM EST The Dow Jones Industrial Average entered the last trading day of February up 1.2% for the month and aiming for its 10th straight monthly gain. It barely was able to accomplish the feat. The Dow finished February up

0.2% but the Nasdaq and S&P 500 finished down a respective 3.4% and 0.9% for the month. It was the Nasdaq’s worth monthly performance since March 2025 and its third negative month in the past four. Trump’s Tariffs and Tax Cuts: Who Benefits the Most? February 27, 2026 03:07 PM ES

T President Donald Trump’s first year in office ushered in significant change, from tariffs to massive tax legislation. But not everyone benefits equally from these policies, according to a new brief from the Institute on Taxation and Economic Policy (ITEP), a think tank. In brie

f, the researchers analyzed the effects of policies backed by Trump and Republican Congressional members—such as tariffs, the expiration of Affordable Care Act subsidies, and the One Big Beautiful Bill Act (OBBBA)—on Americans of all incomes. The analysis found that the richest 1

% of Americans, or those with incomes of more than $916,900, will receive the largest tax cuts in 2026, an average of $8,850. By contrast, those with an income of between $92,100 and $153,600 will pay an additional $980. Maskot / Getty Images Tariffs are also impacting Americans’

wallets. Martha Gimbel, cofounder and executive director of the Yale Budget Lab, notes that tariffs tend to have a disproportionate impact on low and middle-income consumers because they tend to spend a greater share of their income on goods. (While the Supreme Court struck down

many of Trump’s tariffs last Friday, his administration has reimposed many of those tariffs under a different law.) Read the full article here. -Trina Paul S&P 500 Drops But More Sectors in the Green Than Red February 27, 2026 01:43 PM EST It’s been an overall negative day thus

far for the S&P 500, but more of its sectors are in the green than the red. Just four of the 11 sectors tracked by the benchmark index are in the red, but the S&P 500 Financial and Technology Sectors are pulling it lower, notching declines of 2.4% and 2.1%, respectively. Consumer

Staples, Energy, and Health Care are the top-performing sectors, with respective gains of 1.4%, 1.4%, and 1.3%. The S&P 500 is down 0.8% overall today. Block Lays Off 40% of Staff, Citing AI. CEO Dorsey Says Other Firms Will Make Similar Moves February 27, 2026 12:35 PM EST As a

rtificial intelligence technology advances, more people are likely to lose their jobs, according to one high-profile tech CEO. Jack Dorsey, chief of fintech shop Block (XYZ), delivered the foreboding message on Thursday after announcing the company will lay off more than 4,000 pe

ople, representing nearly half of its existing staff of 10,000. Block, which owns Square and Cash App, had a “strong year” in 2025, but the advances in artificial intelligence tools have “changed what it means to build and run a company,” Dorsey said in a shareholder letter publi

shed alongside its fourth-quarter earnings results.1 Jack Dorsey (pictured here in 2021) said Thursday that advances in artificial intelligence tools have “changed what it means to build and run a company.”. Eva Marie Uzcategui / Bloomberg / Getty Images Shares of Block were up 1

5% recently, after surging as much as 21% earlier in the session in response to the news. The company, formerly called Square, is the latest tech firm to slash its headcount. Others including eBay (EBAY), Salesforce (CRM), Workday (WDAY), Zillow (Z) and Amazon (AMZN) have all ann

ounced job cuts in the last couple of months, with some citing AI as the primary driver. Dorsey said other companies are likely to make similar workforce decisions. Berkshire Hathaway Is Set to Report Earnings Saturday, With Greg Abel’s First Shareholder Letter as CEO February 27

, 2026 11:17 AM EST Berkshire Hathaway’s legion of loyal investors has something new to look forward to on Saturday. The company’s annual shareholder letter, which will accompany the fourth-quarter earnings and annual report, won’t be delivered by Warren Buffett for the first tim

e in over 60 years, after the legendary investor stepped down from the CEO role at the end of December. That duty now falls to new chief Greg Abel. Buffett’s letters, which could run over 10 pages long and were known for their folksy tone, may be a tough act to follow. However, t

he practice could also give Abel an opportunity to better connect with shareholders and offer more clarity on his vision for Berkshire. Investors will be watching closely to see what Warren Buffett’s successor, Greg Abel, has to say in his first annual shareholder letter as CEO.

Kevin Dietsch / Getty Images CFRA analysts, who have a neutral rating on Berkshire shares, said earlier this month that there remains a great deal of uncertainty around Abel’s leadership and concern about a long-term loss of Berkshire’s “Buffett premium” with the transition. Berk

shire’s class B shares (BRK.B) are virtually flat for 2026 so far, and remain about 7% off last May’s highs, before Buffett announced he would be leaving the CEO post. The 95-year-old Buffett still remains on Berkshire’s board and serves as chair. “I think investors would really

like to get a greater sense of who Greg Abel is and what he intends to bring to the process of managing Berkshire,” CFRA’s Cathy Seifert told Yahoo! Finance in a televised interview Thursday. Read the full article here. -Kara Greenberg CoreWeave Stock Sinks on Soft Revenue Outloo

k February 27, 2026 10:37 AM EST CoreWeave’s soft current-quarter revenue projection after the closing bell yesterday is sending its stock into a tailspin this morning. Shares of CoreWeave (CRWV) dropped about 18% after the Nvidia-backed firm issued a fiscal 2026 first-quarter re

venue outlook of $1.9 billion to $2.0 billion, well below the $2.29 billion consensus expectation of analysts polled by Visible Alpha. For its fiscal 2025 fourth quarter, the Livingston, N.J.-based company—which provides customers with access to data centers equipped with Nvidia

chips for training AI models—narrowly topped revenue estimates but posted a wider-than-expected loss. Still, Citi analysts wrote that CoreWeave’s “2026-27 top-line revisions are likely moving higher and with a rapidly growing revenue backlog of $60B+ and 8 GW of active power by 2

030, the growth story remains very much intact.” Even with today’s plunge, shares of CoreWeave remain up about 12% for 2026. TradingView Dell COO Says ‘AI Opportunity Is Transforming Our Company’ After Blowout Q4 February 27, 2026 09:46 AM EST Dell Technologies (DELL) is taking a

dvantage of its “AI opportunity.” Shares soared 18% soon after the opening bell Friday, a day after the computer and server maker easily topped analysts’ estimates for its fiscal 2026 fourth quarter. The Round Rock, Texas-based firm reported adjusted earnings of $3.89 per share o

n revenue that soared 39% year-over-year to $33.38 billion. Analysts surveyed by Visible Alpha had expected $3.53 and $31.72 billion, respectively. Dell’s fiscal 2027 projections for revenue, AI-optimized servers revenue, and adjusted EPS were well ahead of consensus expectations

. Dell Technologies shares soared Friday after it reported strong earnings and issued better-than-expected guidance. CFOTO / Future Publishing via Getty Images “The AI opportunity is transforming our company,” COO and vice chairman Jeff Clarke said. “We closed more than $64 billi

on in AI-optimized server orders, shipped more than $25 billion throughout the year, and are entering FY27 with record backlog of $43 billion—powerful proof that our engineering leadership and differentiated AI solutions are winning.” Along with its results, Dell announced a $10

billion increase to its buyback plan and a 20% dividend increase. With today’s gains, Dell shares moved into positive territory for 2026. More People Are Falling Behind on Their Mortgage Payments February 27, 2026 08:42 AM EST The number of homeowners beginning to fall behind on

their payments rose by nearly a third over the last year, in a sign that the high cost of living is causing financial distress for more households.That’s according to a report from credit scoring company VantageScore Thursday, which said the number of people one to two months beh

ind on their payments rose by 30.9% over the year in January. Though this still accounted for only 1.14% of borrowers, it was the most since the pandemic hit and a signal that more households are being stretched thin. Although inflation has fallen from its recent high in 2022, pr

ice increases for many necessities have remained high, from coffee to vet visits. More households are falling behind on their mortgage payments. Investopedia / Elizabeth Guevara “The broad-based rise in early-stage credit delinquencies across VantageScore credit tiers underscores

persistent macroeconomic pressures, particularly for more vulnerable borrowers,” Susan Fahy, chief digital, data and technology officer at VantageScore said in a press release. “Sustained cost pressures and interest rates may leave some consumers increasingly exposed to future e

conomic shocks.” Read the full article here. -Diccon Hyatt Trump Says Retirement Accounts for Workers Without 401(k)s Are Coming Next Year—Here’s How They’ll Work February 27, 2026 07:52 AM EST President Trump just unveiled a policy that would provide retirement accounts next yea

r to workers who don’t have access to 401(k)s. “Your 401(k)s are way up. Yet half of all working Americans still do not have access to a retirement plan with matching contributions from an employer,” said President Trump at the State of the Union address yesterday. “To remedy thi

s gross disparity, I’m announcing that next year my administration will give these oft-forgotten American workers … access to the same type of retirement plan offered to every federal worker,” he said. “We will match your contribution with up to $1,000 each year.” President Don

ald Trump delivered the State of the Union address Tuesday night. Mario Tama / Getty Images According to the White House, these new accounts will be similar to the Thrift Savings Plan, a retirement plan available to federal employees. Read the full article here. -Trina Paul Do In

vestors Underestimate Nvidia? CEO Jensen Huang Thinks So February 27, 2026 07:35 AM EST Investors are underestimating Nvidia, according to its CEO. Shares of the chipmaker fell more than 5% Thursday, even though the AI chipmaker delivered a blockbuster earnings report and strong

outlook the night before. The drop made Nvidia (NVDA) the worst-performing stock in the Dow Jones Industrial Average Thursday, and one of the biggest decliners in the Nasdaq and S&P 500. It also dragged the stock, which has had a tough start to the year amid uncertainty about the

trajectory of the AI boom, back into negative territory for 2026. “The market can’t hold us back forever,” Nvidia CEO Jensen Huang told CNBC. Bridget Bennett / Bloomberg / Getty Images CEO Jensen Huang told CNBC in a televised interview following the company’s earnings call that

he believes investors may be missing how large the computing industry could become, and how much Nvidia is set to grow with it. Read the full article here. -Kara Greenberg Netflix Shares Surge After Streamer Drops WBD Bid; Winning Suitor Paramount Pops as Well February 27, 2026

07:06 AM EST Netflix decided not match Paramount Skydance’s offer for Hollywood giant Warner Bros. Discovery. Investors of both bidders are cheering the news. Shares of Netflix (NFLX) soared 8% in premarket trading Friday, a day after the streaming giant announced it wouldn’t mat

ch Paramount’s revised bid to acquire all of Warner Bros. Discovery (WBD) for $31 a share. Shares of David Ellison-led Paramount (PSKY) popped 9%, while those of WBD declined 2%. “We believe we would have been strong stewards of Warner Bros.’ iconic brands, and that our deal woul

d have strengthened the entertainment industry and preserved and created more production jobs in the U.S.,” Netflix co-CEOs Ted Sarandos and Greg Peters wrote yesterday. “But this transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.” Earlier

Thursday, WBD wrote that its board concluded Paramount’s increased offer to acquire the entire company was a “Company Superior Proposal” to its deal with Netflix, announced in December, for the streamer to acquire Warner Bros., consisting of its film and television studios, its

HBO Max streaming service, and HBO. WBD said yesterday that Netflix would have four business days to propose revisions to their merger agreement “so that the PSKY proposal would cease to constitute a “‘Company Superior Proposal,’” but Netflix elected to bow out of the race. Param

ount Skydance was the winning bidder for Warner Bros. Discovery after Netflix bowed out. Justin Sullivan / Getty Images Stock Futures Fall Ahead of Inflation Reading February 27, 2026 06:20 AM EST Futures contracts connected to the Dow Jones Industrial Average pointed up 0.6%. Tr

adingView S&P 500 futures were up 0.4%. TradingView Nasdaq 100 futures were 0.3% higher. TradingView Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation ma

y impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Read more News Markets News Live Markets News Partner Links Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnershi

ps from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Source 2: Dell Technologies Delivers Fourth Quarter and Full-Year Fiscal 2026 Results (StockTitan / BusinessWire)

URL: https://www.stocktitan.net/news/DELL/dell-technologies-delivers-fourth-quarter-and-full-year-fiscal-2026-nwzqxmjbb1p1.html

Captured_at: 2026-03-02T08:00:00+08:00

---

Dell Technologies Delivers Fourth Quarter and Full-Year Fiscal 2026 Results

Key Terms

non-gaap financial

diluted eps financial

adjusted free cash flow financial

ai-optimized servers technical

gaap diluted eps financial

DELL) announces financial results for its fiscal 2026 fourth quarter and full year ended January 30, 2026. The company also provides guidance for its fiscal 2027 first quarter and full year.

Full-Year Summary

- Record full-year revenue of , up$113.5 billion 19% year over year - Record full-year diluted earnings per share (EPS) of , up$8.68 36% year over year, and record full-year non-GAAP diluted EPS of , up$10.30 27% - Record full-year cash flow from operations of $11.2 billion - Announcing a cash dividend increase of 20% and increase in share repurchase authorization$10 billion - FY27 guidance: Full-year revenue growth of 23% at the midpoint, diluted EPS growth of33% at the midpoint, and non-GAAP diluted EPS growth of25% at the midpoint

Fourth-Quarter Summary

- Record revenue of , up$33.4 billion 39% year over year - Record fourth-quarter diluted EPS of , up$3.37 57% year over year, and record non-GAAP diluted EPS of , up$3.89 45% - Record cash flow from operations of $4.7 billion

“FY26 was a defining year in our company’s history, with record full-year revenue of

“We delivered record revenue of

Infrastructure Solutions Group (ISG)

- Record full-year revenue: , up$60.8 billion 40% year over year - Record full-year operating income: , up$7.1 billion 27% year over year - Record quarterly revenue: , up$19.6 billion 73% year over year - Record quarterly AI-Optimized Servers revenue: , up$9.0 billion 342% year over year - Record quarterly Traditional Servers and Networking revenue: , up$5.9 billion 27% year over year - Fourth-quarter Storage revenue: , up$4.8 billion 2% year over year - Record quarterly operating income: , up$2.9 billion 41% year over year

Client Solutions Group (CSG)

- Full-year revenue: , up$51.0 billion 5% year over year - Full-year operating income: , down$2.8 billion 5% year over year - Fourth-quarter revenue: , up$13.5 billion 14% year over year - Fourth-quarter Commercial Client revenue: , up$11.6 billion 16% year over year - Fourth-quarter Consumer revenue: , flat year over year$1.9 billion - Fourth-quarter operating income: , flat year over year$629 million

Capital Return

The company also announced a cash dividend increase of

Guidance Summary

- Full-year FY27 revenue expected between and$138.0 billion , up$142.0 billion 23% year over year at the midpoint of$140.0 billion - Full-year AI-Optimized Servers revenue expected to be roughly , up$50 billion 103% year over year - Full-year FY27 GAAP diluted EPS expected to be at the midpoint, up$11.52 33% year over year, and non-GAAP diluted EPS to be at the midpoint, up$12.90 25% - First-quarter FY27 revenue expected between and$34.7 billion , up$35.7 billion 51% year over year at the midpoint of$35.2 billion - First-quarter FY27 GAAP diluted EPS expected to be at the midpoint, up$2.55 86% year over year, and non-GAAP diluted EPS to be at the midpoint, up$2.90 87%

Fourth Quarter and Fiscal 2026 Financial Results

(in millions, except per share amounts and percentages; unaudited)
Net revenue
$
33,379
$
23,931
$
113,538
$
95,567
Operating income
$
3,092
$
2,159
$
8,149
$
6,237
Net income
$
2,259
$
1,532
$
5,936
$
4,576
Change in cash from operating activities
$
4,674
$
585
$
11,185
$
4,521
Earnings per share — diluted
$
3.37
$
2.15
$
8.68
$
6.38
Non-GAAP operating income
$
3,538
$
2,674
$
9,991
$
8,529
Non-GAAP net income
$
2,607
$
1,911
$
7,046
$
5,865
Adjusted free cash flow
$
5,088
$
474
$
11,508
$
3,097
Non-GAAP earnings per share — diluted
$
3.89
$
2.68
$
10.30
$
8.14

Operating Segments Results

(in millions, except percentages; unaudited)
Net revenue:
AI-optimized servers
8,952
2,026
24,683
9,286
Traditional servers and networking
5,853
4,608
19,512
17,850
Storage
4,797
4,718
16,631
16,457
Total ISG net revenue
$
19,602
$
11,352
$
60,826
$
43,593
Operating income:
ISG operating income
$
2,900
$
2,051
$
7,111
$
5,579
Net revenue:
Commercial
$
11,614
$
9,996
$
44,062
$
40,844
Consumer
1,880
1,885
—%
6,922
7,549
(8)%
Total CSG net revenue
$
13,494
$
11,881
$
50,984
$
48,393
Operating income:
CSG operating income
$
629
$
631
—%
$
2,833
$
2,972
(5)%

Conference call information

As previously announced, the company will hold a conference call to discuss its performance and financial guidance on February 26 at 3:30 p.m. CST. Prior to the start of the conference call, prepared remarks and a presentation containing additional financial and operating information may be downloaded from investors.delltechnologies.com. The conference call will be presented live over the internet and can be accessed at https://investors.delltechnologies.com/news-events/upcoming-events.

For those unable to listen to the live presentation, the final remarks and presentation with additional financial and operating information will be available following the presentation, and an archived version will be available at the same location for one year.

About Dell Technologies

Dell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI

era.

Copyright © 2026 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners.

Non-GAAP Financial Measures:

*This press release presents information about non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP earnings per share attributable to Dell Technologies Inc. – diluted, free cash flow, and adjusted free cash flow, all of whi

ch are non-GAAP financial measures provided as a supplement to the results provided in accordance with generally accepted accounting principles in the United States of America (“GAAP”). A reconciliation of each non-GAAP financial measure to the most directly comparable GAAP finan

cial measure is provided in the attached tables for each of the fiscal periods indicated.*

Special Note on Forward-Looking Statements:

*Statements in this press release that relate to future results and events are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933 and are based on Dell Technologies’ current expectation

s. In some cases, you can identify these statements by such forward-looking words as “anticipate,” “believe,” “confidence,” “could,” “estimate,” “expect,” “guidance,” “intend,” “may,” “objective,” “outlook,” “plan,” “project,” “possible,” “potential,” “should,” “will” and “would,

” or similar words or expressions that refer to future events or outcomes.*

*Forward-looking statements include, among others, any statements regarding Dell Technologies’ expectations for first-quarter and full-year fiscal 2027 revenue, GAAP diluted earnings per share and non-GAAP diluted earnings per share, and for full-year fiscal 2027 AI-optimized ser

vers revenue, as well as any other statements regarding Dell Technologies’ prospects and its future operations, financial condition, volumes, cash flows, expenses or other financial items, including management’s plans or strategies and objectives for any of the foregoing and any

assumptions, expectations or beliefs underlying any of the foregoing.*

*Dell Technologies’ results or events in future periods could differ materially from those expressed or implied by these forward-looking statements because of risks, uncertainties, and other factors that include, but are not limited to, the following: adverse global economic cond

itions, trade disruptions, and instability in financial markets; competitive pressures; Dell Technologies’ ability to successfully execute its strategy; Dell Technologies’ relationships with third-party suppliers for products and components;

Dell Technologies’ use of single-source or limited-source suppliers; effects on Dell Technologies’ operating performance related to demand for AI solutions; management of Dell Technologies’ AI solutions and use of AI in internal functions and operations;

Dell Technologies’ ability to deliver high-quality products, software, and services and to manage solutions and products and services transitions in an effective manner; Dell Technologies’ ability to successfully implement its cost efficiency plans;

Dell Technologies’ ability to successfully execute on strategic initiatives including acquisitions and divestitures; security incidents, including cyber-attacks;

Dell Technologies’ foreign operations and ability to generate substantial non- U.S. net revenue; Dell Technologies’ product, services, customer, and geographic sales mix, and seasonal sales trends;

the performance of Dell Technologies’ sales channel partners; access to the capital markets by Dell Technologies or its customers; adverse economic conditions, changing customer mix, and the effect of additional regulation on Dell Technologies’ financial services activities;

counterparty default risks; material impairment of the value of goodwill or intangible assets; the loss by Dell Technologies of any contracts for ISG services and solutions and its ability to perform such contracts at their estimated costs;

loss by Dell Technologies of government contracts; Dell Technologies’ ability to develop and protect its proprietary intellectual property or obtain licenses to intellectual property developed by others on commercially reasonable and competitive terms;

disruptions in Dell Technologies’ infrastructure; Dell Technologies’ ability to hedge effectively its exposure to fluctuations in foreign currency exchange rates and interest rates;

expiration of tax holidays or favorable tax rate structures, or unfavorable outcomes in tax audits and other tax compliance matters; impairment of portfolio investments;

unfavorable results of legal proceedings; evolving and varied expectations and regulatory requirements relating to sustainability issues; the effect of global climate change and related legal, regulatory or market measures;

compliance with environmental and safety laws; compliance requirements of anti-corruption laws, economic sanctions and other trade laws, human rights laws, or other laws;

Dell Technologies’ dependence on the services of Michael Dell and key employees; Dell Technologies’ level of indebtedness; and business and financial factors and legal restrictions affecting continuation of Dell Technologies’ quarterly cash dividend policy and dividend rate.*

*This list of risks, uncertainties, and other factors is not complete. Dell Technologies discusses some of these matters more fully, as well as certain risk factors that could affect Dell Technologies’ business, financial condition, results of operations, and prospects, in its re

ports filed with the SEC, including Dell Technologies’ annual report on Form 10-K for the fiscal year ended January 31, 2025, quarterly reports on Form 10-Q, and current reports on Form 8-K. These filings are available for review through the SEC’s website at www.sec.gov. Any or a

ll forward-looking statements Dell Technologies makes may turn out to be wrong and can be affected by inaccurate assumptions Dell Technologies might make or by known or unknown risks, uncertainties, and other factors, including those identified in this press release. Accordingly,

you should not place undue reliance on the forward-looking statements made in this press release, which speak only as of its date. Dell Technologies does not undertake to update, and expressly disclaims any duty to update, its forward-looking statements, whether as a result of c

ircumstances or events that arise after the date they are made, new information, or otherwise.*

Products
$
27,616
$
18,049
$
90,405
$
71,420
Services
5,763
5,882
(2)%
23,133
24,147
(4)%
Total net revenue
33,379
23,931
113,538
95,567
Products
23,618
14,924
78,057
60,162
Services
3,031
3,329
(9)%
12,774
14,155
(10)%
Total cost of net revenue
26,649
18,253
90,831
74,317
Gross margin
6,730
5,678
22,707
21,250
Selling, general, and administrative
2,841
2,746
11,416
11,952
(4)%
Research and development
797
773
3,142
3,061
Total operating expenses
3,638
3,519
14,558
15,013
(3)%
Operating income
3,092
2,159
8,149
6,237
Interest and other, net
(293
)
(187
)
(57)%
(886
)
(1,189
)
Income before income taxes
2,799
1,972
7,263
5,048
Income tax expense
540
440
1,327
472
Net income
2,259
1,532
5,936
4,576
Less: Net loss attributable to non-controlling interests
—
(1
)
—
(16
)
Net income attributable to Dell Technologies Inc.
$
2,259
$
1,533
$
5,936
$
4,592
Gross margin
20.2
%
23.7
%
20.0
%
22.2
%
Selling, general, and administrative
8.5
%
11.5
%
10.0
%
12.5
%
Research and development
2.4
%
3.2
%
2.8
%
3.2
%
Operating expenses
10.9
%
14.7
%
12.8
%
15.7
%
Operating income
9.3
%
9.0
%
7.2
%
6.5
%
Income before income taxes
8.4
%
8.2
%
6.4
%
5.3
%
Net income
6.8
%
6.4
%
5.2
%
4.8
%
Income tax rate
19.3
%
22.3
%
18.3
%
9.4
%

Amounts are based on underlying data and may not visually foot due to rounding.

Current assets:
Cash and cash equivalents
$
11,528
$
3,633
Accounts receivable, net of allowance of
17,585
10,298
Short-term financing receivables, net of allowance of
8,458
5,304
Inventories
10,437
6,716
Other current assets
9,594
9,610
Current assets held for sale
—
668
Total current assets
57,602
36,229
Property, plant, and equipment, net
6,676
6,336
Long-term investments
1,730
1,496
Long-term financing receivables, net of allowance of
5,822
5,927
Goodwill
19,547
19,120
Intangible assets, net
4,533
4,988
Other non-current assets
5,376
5,650
Total assets
$
101,286
$
79,746
Current liabilities:
Short-term debt
$
7,990
$
5,204
Accounts payable
33,630
20,832
Accrued and other
8,315
6,597
Short-term deferred revenue
13,334
13,673
Current liabilities held for sale
—
221
Total current liabilities
63,269
46,527
Long-term debt
23,513
19,363
Long-term deferred revenue
13,596
12,292
Other non-current liabilities
3,378
2,951
Total liabilities
103,756
81,133
Stockholders’ equity (deficit):
Common stock and capital in excess of
9,457
9,119
Treasury stock at cost
(14,533
)
(8,502
)
Retained earnings (accumulated deficit)
3,325
(1,160
)
Accumulated other comprehensive loss
(719
)
(939
)
Total Dell Technologies Inc. stockholders’ equity (deficit)
(2,470
)
(1,482
)
Non-controlling interests
—
95
Total stockholders’ equity (deficit)
(2,470
)
(1,387
)
Total liabilities and stockholders’ equity
$
101,286
$
79,746

Cash flows from operating activities:
Net income
$
2,259
$
1,532
$
5,936
$
4,576
Adjustments to reconcile net income to net cash provided by operating activities:
2,415
(947
)
5,249
(55
)
Change in cash from operating activities
4,674
585
11,185
4,521
Cash flows from investing activities:
Purchases of investments
(26
)
(42
)
(197
)
(125
)
Maturities and sales of investments
116
45
246
382
Capital expenditures and capitalized software development costs
(721
)
(735
)
(2,633
)
(2,652
)
Acquisition of businesses and assets, net
(84
)
—
(84
)
—
Divestitures of businesses and assets, net
—
—
533
—
Other
20
54
80
180
Change in cash from investing activities
(695
)
(678
)
(2,055
)
(2,215
)
Cash flows from financing activities:
Proceeds from the issuance of common stock
—
—
5
1
Repurchases of common stock
(1,847
)
(734
)
(6,014
)
(2,588
)
Repurchases of common stock for employee tax withholdings
(11
)
(17
)
(390
)
(577
)
Payments of dividends and dividend equivalents
(346
)
(311
)
(1,459
)
(1,275
)
Proceeds from debt
1,232
645
15,004
9,258
Repayments of debt
(1,121
)
(976
)
(8,522
)
(10,570
)
Debt-related costs and other, net
—
2
(88
)
(64
)
Change in cash from financing activities
(2,093
)
(1,391
)
(1,464
)
(5,815
)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
87
(101
)
221
(179
)
Change in cash, cash equivalents, and restricted cash
1,973
(1,585
)
7,887
(3,688
)
Cash, cash equivalents, and restricted cash at beginning of the period
9,733
5,404
3,819
7,507
Cash, cash equivalents, and restricted cash at end of the period
$
11,706
$
3,819
$
11,706
$
3,819

Net revenue:
AI-optimized servers
$
8,952
$
2,026
$
24,683
$
9,286
Traditional servers and networking
5,853
4,608
19,512
17,850
Storage
4,797
4,718
16,631
16,457
Total ISG net revenue
$
19,602
$
11,352
$
60,826
$
43,593
Operating income:
ISG operating income
$
2,900
$
2,051
$
7,111
$
5,579
Net revenue:
Commercial
$
11,614
$
9,996
$
44,062
$
40,844
Consumer
1,880
1,885
—%
6,922
7,549
(8)%
Total CSG net revenue
$
13,494
$
11,881
$
50,984
$
48,393
Operating income:
CSG operating income
$
629
$
631
—%
$
2,833
$
2,972
(5)%

Amounts are based on underlying data and may not visually foot due to rounding.

Reportable segment net revenue
$
33,096
$
23,233
$
111,810
$
91,986
Corporate and other (a)
283
698
1,728
3,581
Total consolidated net revenue
$
33,379
$
23,931
$
113,538
$
95,567
Reportable segment operating income (b)
$
3,529
$
2,682
$
9,944
$
8,551
Corporate and other (a)
9
(8
)
47
(22
)
Amortization of intangibles (c)
(125
)
(163
)
(497
)
(667
)
Stock-based compensation expense (d)
(189
)
(186
)
(723
)
(785
)
Other corporate expenses (e)
(132
)
(166
)
(622
)
(840
)
Total consolidated operating income (f)
$
3,092
$
2,159
$
8,149
$
6,237

________

(a) | Corporate and other consists of results of divested businesses or non-reportable segments whose offerings are no longer actively sold, including (i) VMware Resale, (ii) Secureworks, and (iii) Virtustream, and do not meet the requirements for a reportable segment, either individua

lly or collectively. Additionally, Corporate and other includes other items that are managed at the corporate level and are not allocated to reportable segments. | | (b) | Depreciation expense directly attributable to each reportable segment is included in the operating results of each segment. However, the Chief Operating Decision Maker does not evaluate depreciation expense by operating segment, and therefore such expense is not separately presen

ted.

(c)

Amortization of intangibles includes non-cash purchase accounting adjustments that are primarily related to the EMC merger transaction completed in September 2016.

(d)

Stock-based compensation expense consists of equity awards granted based on the estimated fair value of those awards at grant date.

(e)

Other corporate expenses includes severance expenses, payroll taxes associated with stock-based compensation, incentive charges related to equity investments, facility action costs, transaction-related expenses, and impairment charges.

(f)

Income and expenses within Interest and other, net, is not allocated to the reportable segments. Therefore, the company only reports reportable segment operating income.

SUPPLEMENTAL SELECTED NON-GAAP FINANCIAL MEASURES

These tables present information about the company’s non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP earnings per share attributable to Dell Technologies Inc. - diluted, free cash flow and adjusted free cash flow, all o

f which are non-GAAP financial measures provided as a supplement to the results provided in accordance with generally accepted accounting principles in

Net revenue
$
33,379
$
23,931
$
113,538
$
95,567
Non-GAAP gross margin
$
6,844
$
5,814
$
23,159
$
21,810
Non-GAAP operating expenses
$
3,306
$
3,140
$
13,168
$
13,281
(1)%
Non-GAAP operating income
$
3,538
$
2,674
$
9,991
$
8,529
Non-GAAP net income
$
2,607
$
1,911
$
7,046
$
5,865
Non-GAAP earnings per share — diluted
$
3.89
$
2.68
$
10.30
$
8.14

Amounts are based on underlying data and may not visually foot due to rounding.

Gross margin
$
6,730
$
5,678
$
22,707
$
21,250
Non-GAAP adjustments:
Amortization of intangibles
41
59
162
238
Stock-based compensation expense
43
37
157
152
Other corporate expenses
30
40
133
170
Non-GAAP gross margin
$
6,844
$
5,814
$
23,159
$
21,810
Operating expenses
$
3,638
$
3,519
$
14,558
$
15,013
(3)%
Non-GAAP adjustments:
Amortization of intangibles
(84
)
(104
)
(335
)
(429
)
Stock-based compensation expense
(146
)
(149
)
(566
)
(633
)
Other corporate expenses
(102
)
(126
)
(489
)
(670
)
Non-GAAP operating expenses
$
3,306
$
3,140
$
13,168
$
13,281
(1)%
Operating income
$
3,092
$
2,159
$
8,149
$
6,237
Non-GAAP adjustments:
Amortization of intangibles
125
163
497
667
Stock-based compensation expense
189
186
723
785
Other corporate expenses
132
166
622
840
Non-GAAP operating income
$
3,538
$
2,674
$
9,991
$
8,529
Net income
$
2,259
$
1,532
$
5,936
$
4,576
Non-GAAP adjustments:
Amortization of intangibles
125
163
497
667
Stock-based compensation expense
189
186
723
785
Other corporate expenses
127
165
364
830
Fair value adjustments on equity investments
(60
)
(156
)
(254
)
(177
)
Aggregate adjustment for income taxes (a)
(33
)
21
(220
)
(816
)
Non-GAAP net income
$
2,607
$
1,911
$
7,046
$
5,865

________

(a)

The company’s non-GAAP income tax is calculated using a fixed estimated annual tax rate.

Earnings per share attributable to Dell Technologies Inc. — diluted
$
3.37
$
2.15
$
8.68
$
6.38
Non-GAAP adjustments:
Amortization of intangibles
0.19
0.22
0.72
0.93
Stock-based compensation expense
0.28
0.26
1.06
1.09
Other corporate expenses
0.19
0.23
0.53
1.16
Fair value adjustments on equity investments
(0.09
)
(0.22
)
(0.37
)
(0.25
)
Aggregate adjustment for income taxes (a)
(0.05
)
0.04
(0.32
)
(1.15
)
Total non-GAAP adjustments attributable to non-controlling interests
—
—
—
(0.02
)
Non-GAAP earnings per share attributable to Dell Technologies Inc. — diluted
$
3.89
$
2.68
$
10.30
$
8.14

________

(a)

The company’s non-GAAP income tax is calculated using a fixed estimated annual tax rate.

Cash flow from operations
$
4,674
$
585
$
11,185
$
4,521
Non-GAAP adjustments:
Capital expenditures and capitalized software development costs, net (a)
(721
)
(702
)
(2,630
)
(2,563
)
Free cash flow
$
3,953
$
(117
)
NM
$
8,555
$
1,958
Free cash flow
$
3,953
$
(117
)
NM
$
8,555
$
1,958
Non-GAAP adjustments:
Financing receivables (b)
1,036
532
2,740
951
Equipment under operating leases (c)
99
59
213
188
Adjusted free cash flow
$
5,088
$
474
$
11,508
$
3,097

________

(a)

Capital expenditures and capitalized software development costs, net includes proceeds from sales of facilities, land, and other assets.

(b)

Financing receivables represent the operating cash flow impact from the change in financing receivables.

(c)

Equipment under operating leases represents the net impact of capital expenditures and depreciation expense for leases and contractually embedded leases identified within flexible consumption arrangements.

Earnings per share attributable to Dell Technologies Inc. — diluted
$
2.55
$
11.52
Non-GAAP adjustments:
Amortization of intangibles (a)
0.15
0.59
Stock-based compensation
0.28
1.10
Other corporate expenses (b)
—
—
Fair value adjustments on equity investments (c)
—
—
Aggregate adjustment for income taxes (d)
(0.08
)
(0.31
)
Non-GAAP earnings per share attributable to Dell Technologies Inc. — diluted
$
2.90
$
12.90

________

(a) | Amortization of intangibles represents an estimate for acquisitions completed as of January 30, 2026 and does not include estimates for potential acquisitions, if any, during fiscal 2027. | | (b) | Consists primarily of severance expenses, payroll taxes associated with stock-based compensation, facility action costs, transaction-related expenses, impairment charges, and incentive charges related to equity investments. No estimate is included for severance expense as such ex

pense cannot be reasonably estimated at this time.

(c)

No estimates are included for potential fair value adjustments on strategic investments given the potential volatility of either gains or losses on those equity investments.

(d)

The fiscal 2027 aggregate adjustment to reconcile non-GAAP income tax expense to GAAP income tax expense is approximately

View source version on businesswire.com: https://www.businesswire.com/news/home/20260226276981/en/

Investors: [email protected]

Media: [email protected]

Source: Dell Technologies

NYSE:DELL

DELL Rankings

DELL Latest News

DELL Latest SEC Filings

[8-K] Dell Technologies Inc. Reports Material Event

Source 3: CoreWeave Reports Strong Fourth Quarter and Fiscal Year 2025 Results (StockTitan)

URL: https://www.stocktitan.net/news/CRWV/core-weave-reports-strong-fourth-quarter-and-fiscal-year-2025-277p2tbuoout.html

Captured_at: 2026-03-02T08:00:00+08:00

---

CoreWeave Reports Strong Fourth Quarter and Fiscal Year 2025 Results

Key Terms

revenue backlog financial

adjusted EBITDA financial

adjusted operating income financial

adjusted net loss financial

convertible senior notes financial

revolving credit facility financial

restricted stock units financial

10b5-1 regulatory

Robust Demand and Focused Execution Drive Strong Results and Record Revenue Backlog

CRWV), The Essential Cloud for AI™, today reported financial results for the fourth quarter and fiscal year ended December 31, 2025.

“2025 was a defining year for CoreWeave as we became the fastest cloud in history to reach

“This year’s performance reflects disciplined execution against the strategy we outlined at our IPO to develop one of the largest AI Cloud footprints in the world,” said Nitin Agrawal, Chief Financial Officer at CoreWeave. “Our revenue backlog grew to

Fourth Quarter and Fiscal Year 2025 Financial Highlights

Revenue
$
1,572
$
747
$
5,131
$
1,915
Operating expenses
1,661
634
5,177
1,591
Operating income (loss)
(89
)
113
(46
)
324
$
(388
)
$
(149
)
$
(1,229
)
$
(361
)
Net loss
$
(452
)
$
(51
)
$
(1,167
)
$
(863
)
Diluted net loss per share
$
(0.89
)
$
(0.34
)
$
(2.81
)
$
(4.30
)

Non-GAAP Financial Measures

Adjusted EBITDA
$
898
$
486
$
3,093
$
1,219
Adjusted operating income
$
88
$
121
$
666
$
356
Adjusted net loss
$
(284
)
$
(36
)
$
(606
)
$
(65
)

(See “Non-GAAP Financial Measures” and the reconciliation of GAAP to non-GAAP results tables at the end of this press release for additional information.)

Additional Fourth Quarter 2025 Financial Highlights

Revenue backlog1 was

---

1 Revenue backlog includes remaining performance obligations, plus other amounts we estimate will be recognized as revenue in future periods under committed customer contracts, in each case, subject to the satisfaction of delivery and availability of service requirements.

Fourth Quarter 2025 Highlights

- Customer wins across AI labs, Hyperscalers and Enterprises

• Partner of choice for leading AI pioneers and enterprises including: Cognition, Crowdstrike, Cursor, Mercado Libre, Midjourney, Runway
• Expanded relationships with both existing hyperscaler cloud customers

- Continued rapid scaling of Purpose-Built AI Infrastructure

• Added approximately 260 MW of active power capacity, bringing the total to more than 850 MW
• Expanded total contracted power to approximately 3.1 GW while further diversifying our portfolio of providers

- Key Technology Leadership Milestones

• First cloud provider to be named an NVIDIA Exemplar Cloud for training workloads running on NVIDIA GB200 NVL72, optimized by CoreWeave Mission Control™
• Achieved SemiAnalysis’ Platinum ClusterMAX™ rating for the second consecutive ranking, remaining the industry’s sole platinum provider
• Introduced AI Object Storage, purpose-built for AI workloads to deliver local-like performance, global availability, and significantly lower cost
• Announced zero egress migration, eliminating data transfer costs to enable seamless migration and flexible multi-cloud development for AI workloads
• Acquired Monolith, expanding our AI cloud platform capabilities to the physical world for industrial and manufacturing enterprises
• Acquired Marimo to unify the generative AI developer workflow with its open-source, AI-native notebook for Python and data-centric AI development
• Expanded CoreWeave Mission Control™ to accelerate enterprise AI adoption, including new capabilities such as telemetry relay, GPU straggler detection and the CoreWeave Mission Control Agent
• Launched Serverless RL, the first publicly available fully managed reinforcement learning capability, enabling developers to train AI agents with faster feedback loops and lower barriers to entry

- Strengthening Financial Position - Raised approximately in convertible senior notes through an upsized offering$2.6 billion - Expanded our revolving credit facility to , enhancing financial flexibility to support growth initiatives$2.5 billion

- Raised approximately - Other Noteworthy Updates

• Launched CoreWeave Federal, extending our AI cloud platform to support government and public sector use cases

  Joined the Genesis Mission, a U.S. Department of Energy initiative focused on accelerating discovery science, strengthening national security and advancingU.S. energy innovation - Announced a major global partnership with CrowdStrike, collaborating to power a secure AI cloud foundation for the agentic era

Business Outlook

CoreWeave will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.

Webcast and Conference Call Information

CoreWeave will host an audio webcast to discuss the results for the fourth quarter and fiscal year ended December 31, 2025, provide a business update, and share forward-looking guidance at 2:00 pm PT / 5:00 pm ET today. The live webcast of CoreWeave’s earnings conference call can be accessed via the CoreWeave Investor Relations website at investors.coreweave.com, along with the earnings press release and accompanying presentation.

Following the call, a replay will be available at the same website. A transcript of the conference call will be posted to the investors.coreweave.com website.

Disclosure Information

CoreWeave uses its investor relations page (investors.coreweave.com), its X account (@CoreWeave), and its LinkedIn page (linkedin.com/company/coreweave/) to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, investors should monitor these channels, in addition to following CoreWeave’s press releases, Securities and Exchange Commission (SEC) filings, public conference calls and public webcasts.

About CoreWeave

CoreWeave is The Essential Cloud for AI™. Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to move at the pace of innovation, building and scaling AI with confidence. Trusted by leading AI labs, startups, and global enterprises, CoreWeave serves as a force multiplier by combining superior infrastructure performance with deep technical expertise to accelerate breakthroughs. Established in 2017, CoreWeave completed its public listing on Nasdaq (CRWV) in March 2025. Learn more at www.coreweave.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable securities laws. Such statements are based on our current expectations, forecasts and assumptions and involve risks and uncertainties. These statements include, but are not limited to, state

ments related to our business; our strategy; our capital structure; our future growth; our technology; our acquisition, financing and other initiatives’ objectives;

market trends; demand for our platform; other estimated amounts included in our revenue backlog figure; our plans to scale our platform and accelerate AI innovation;

and strategic opportunities. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “target,” “expl

ore,” “continue,” “outlook,” “guidance,” or the negative of these terms, where applicable, and similar expressions intended to identify forward-looking statements.

Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include but are not limited to our ability to execute our business strategies and manage our growth, our ability to maintain and grow our customer base, continued demand for AI infrastructure, any disruption in our strategic relationships or disruptions with our third-party providers, including our suppliers and data center partners, our ability to develop and maintain our corporate infrastructure and internal controls, our financial performance, capital requirements and ability to raise additional capital and the impact of global political and macroeconomic conditions, including the effects of global geopolitical conflicts, inflation, tariffs, interest rates, any instability in the global banking sector and foreign currency exchange rates. More information about factors that could affect our operating results is included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2025, copies of which may be obtained by visiting our Investor Relations website at https://investors.coreweave.com or the SEC’s website at www.sec.gov. Forward-looking statements speak only as of the date the statements are made and are based on information available to us at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. Additionally, the forward-looking statements in this press release do not include the potential impact of any acquisitions that may be announced and/or completed after the date hereof. We assume no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law. Our results for the fiscal year ended December 31, 2025 are not necessarily indicative of our operating results for any future periods.

Non-GAAP Financial Measures

To supplement our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in

A reconciliation is provided below for each historical non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. CoreWeave encourages investors to review the related GAAP financial measures and the reconciliation of these non-GAA

P financial measures to their most directly comparable GAAP financial measures, and not to rely on any single financial measure to evaluate CoreWeave’s business.

$
1,572
$
747
$
5,131
$
1,915
Cost of revenue
509
182
1,453
493
Technology and infrastructure
950
398
2,929
961
Sales and marketing
52
6
144
18
General and administrative
150
48
651
119
1,661
634
5,177
1,591
(89
)
113
(46
)
324
Gain (loss) on fair value adjustments
—
(7
)
27
(756
)
Interest expense, net
(388
)
(149
)
(1,229
)
(361
)
Other income, net
10
14
33
49
(467
)
(29
)
(1,215
)
(744
)
Provision for (benefit from) income taxes
(15
)
22
(48
)
119
$
(452
)
$
(51
)
$
(1,167
)
$
(863
)
$
(452
)
$
(81
)
$
(1,196
)
$
(937
)
$
(452
)
$
(81
)
$
(1,223
)
$
(937
)
$
(0.89
)
$
(0.34
)
$
(2.75
)
$
(4.30
)
$
(0.89
)
$
(0.34
)
$
(2.81
)
$
(4.30
)
506
239
435
218
506
239
436
218

Current assets
Cash and cash equivalents
$
3,127
$
1,361
Restricted cash and cash equivalents, current
819
37
Marketable securities
34
—
Accounts receivable, net
3,169
417
Prepaid expenses and other current assets
339
101
7,488
1,916
Restricted cash and cash equivalents, non-current
184
637
Restricted marketable securities, non-current
—
29
Property and equipment, net
30,557
11,915
Operating lease right-of-use assets
8,231
2,590
Intangible assets, net
235
5
Goodwill
1,101
20
Other non-current assets
1,506
721
$
49,302
$
17,833
Current liabilities
Accounts payable
$
1,623
$
868
Accrued liabilities
5,773
356
Debt, current
6,708
2,468
Deferred revenue, current
1,709
769
Operating lease liabilities, current
427
213
Finance lease liabilities, current
38
58
Other current liabilities
162
231
16,440
4,963
Debt, non-current
14,665
5,458
Derivative and warrant liabilities
1
200
Deferred revenue, non-current
6,476
3,295
Operating lease liabilities, non-current
7,768
2,389
Finance lease liabilities, non-current
216
34
Deferred tax liabilities, non-current
115
149
Other non-current liabilities
286
37
45,967
16,525
Commitments and contingencies
Redeemable convertible preferred stock
—
1,722
Preferred stock
—
—
Class A common stock
—
—
Class B common stock
—
—
Class C common stock
—
—
Treasury stock
(34
)
(34
)
Additional paid-in capital
6,012
1,096
Accumulated deficit
(2,643
)
(1,476
)
3,335
(414
)
$
49,302
$
17,833

Net loss
$
(452
)
$
(51
)
$
(1,167
)
$
(863
)
Depreciation and amortization
821
365
2,454
863
Amortization of debt discounts and issuance costs and accretion of redemption premiums
22
10
110
33
Stock-based compensation expense
157
8
630
31
Non-cash lease expense
123
44
357
123
Deferred income taxes
(16
)
33
(53
)
113
Loss (gain) on fair value adjustments
—
7
(27
)
756
Debt extinguishment loss
4
—
19
12
Other non-cash reconciling items
53
2
103
3
Accounts receivable
(1,496
)
52
(2,749
)
(280
)
Prepaid expenses and other assets
(268
)
(44
)
(784
)
(514
)
Accounts payable and accrued expenses
(80
)
175
253
511
Deferred revenue
2,772
(368
)
4,174
2,049
Lease liabilities
(81
)
(43
)
(262
)
(88
)
Other liabilities
—
(3
)
—
—
1,559
187
3,058
2,749
Purchase of property and equipment, including capitalized internal-use software
(4,060
)
(3,498
)
(10,309
)
(8,702
)
Purchases of marketable securities
—
—
(47
)
(34
)
Maturities and sales of marketable securities
14
92
43
188
Sales of warrants received as lease incentive
153
—
254
—
Business combinations, net of cash acquired
(52
)
—
(108
)
—
Issuance of notes receivable
(17
)
(60
)
(90
)
(60
)
Other investing activities
36
2
(14
)
(50
)
(3,926
)
(3,464
)
(10,271
)
(8,658
)
Proceeds from issuance of debt, net
4,312
3,692
11,829
7,018
Repayments of debt
(420
)
(225
)
(3,399
)
(589
)
Purchase of capped calls related to convertible senior notes
(340
)
—
(340
)
—
Proceeds from initial public offering, net of underwriting discounts and commissions
—
—
1,491
—
Redeemable convertible preferred stock cash dividends paid
—
(29
)
(29
)
(58
)
Issuance of redeemable convertible preferred stock, net of issuance costs
—
—
—
1,172
Payment of tax withholdings on settlement of restricted stock units
—
—
(144
)
—
Proceeds from exercise of stock options
2
2
20
3
Other financing activities
(26
)
(50
)
(120
)
(82
)
$
3,528
$
3,390
$
9,308
$
7,464
Net increase in cash, cash equivalents, and restricted cash
$
1,161
$
113
$
2,095
$
1,555
Cash, cash equivalents, and restricted cash—beginning of period
2,969
1,922
2,035
480
Cash, cash equivalents, and restricted cash—end of period
$
4,130
$
2,035
$
4,130
$
2,035

Net loss
$
(452
)
$
(51
)
$
(1,167
)
$
(863
)
Depreciation and amortization
821
365
2,454
863
Interest expense, net
388
149
1,229
361
Stock-based compensation
157
8
630
31
Acquisition related costs
9
—
55
—
(Gain) loss on fair value adjustments
—
7
(27
)
756
Other income, net
(10
)
(14
)
(33
)
(48
)
Provision for (benefit from) income taxes
(15
)
22
(48
)
119
Adjusted EBITDA
$
898
$
486
$
3,093
$
1,219
Revenue
$
1,572
$
747
$
5,131
$
1,915
Net loss margin
(29
)%
(7
)%
(23
)%
(45
)%
Adjusted EBITDA margin
57
%
65
%
60
%
64
%

(1) Acquisition related costs include direct transaction costs, such as due diligence, advisory, and professional services fees, and certain compensation and integration related expenses. We exclude acquisition related costs, as we believe these transaction-specific expenses are

inconsistent in amount and frequency, and do not correlate to the operation of our business. | (2) Represents adjustments related to recording our derivative liabilities at fair value at the end of each reporting period for our 2021 Convertible Senior Secured Notes, warrant liabilities related to our 2022 Senior Secured Notes, and the fair value remeasurement of the option

liability in connection with our Series B redeemable convertible preferred stock. Refer to Note 3. Investments and Fair Value Measurements to our consolidated financial statements included in our Annual Report on Form 10-K filed or to be filed with the SEC for the year ended Dec

ember 31, 2025 for additional information.

Operating income (loss)
$
(89
)
$
113
$
(46
)
$
324
Stock-based compensation
157
8
630
32
Acquisition related costs
9
—
55
—
Amortization of acquired intangibles
11
—
27
—
Adjusted operating income
$
88
$
121
$
666
$
356
Revenue
$
1,572
$
747
$
5,131
$
1,915
Operating income margin
(6
)%
15
%
(1
)%
17
%
Adjusted operating income margin
6
%
16
%
13
%
19
%

inconsistent in amount and frequency, and do not correlate to the operation of our business. | (2) In the second quarter of 2025, we began including an adjustment for the amortization of acquired intangibles in our calculation of adjusted operating income (loss). Prior period non-GAAP calculations for acquired intangible amortization are not being adjusted as these amounts

were insignificant.

Net loss
$
(452
)
$
(51
)
$
(1,167
)
$
(863
)
Stock-based compensation
157
8
630
31
Loss on extinguishment of debt
4
—
29
—
Acquisition related costs
9
—
55
—
Amortization of acquired intangibles
11
—
27
—
(Gain) loss on fair value adjustments
—
7
(27
)
756
Other adjustments
—
—
(23
)
11
Income tax, inclusive of the tax effect of the above adjustments
(13
)
—
(130
)
—
Adjusted net loss
$
(284
)
$
(36
)
$
(606
)
$
(65
)
Revenue
$
1,572
$
747
$
5,131
$
1,915
Net loss margin
(29
)%
(7
)%
(23
)%
(45
)%
Adjusted net loss margin
(18
)%
(5
)%
(12
)%
(3
)%

(1) Primarily relates to losses recognized upon the early extinguishment of certain OEM financing arrangements, as well as accelerated amortization of debt discount and debt issuance costs related to our 2024 Term Loan, which was repaid in connection with the IPO. | (2) Acquisition related costs include direct transaction costs, such as due diligence, advisory, and professional services fees, and certain compensation and integration related expenses. We exclude acquisition related costs, as we believe these transaction-specific expenses are

inconsistent in amount and frequency, and do not correlate to the operation of our business. | (3) In the second quarter of 2025, we began including an adjustment for the amortization of acquired intangibles in our calculation of adjusted net loss. Prior period non-GAAP calculations for acquired intangible amortization are not being adjusted as these amounts were insignifi

cant. | (4) Represents adjustments related to recording our derivative liabilities at fair value at the end of each reporting period for our 2021 Convertible Senior Secured Notes, warrant liabilities related to our 2022 Senior Secured Notes, and the fair value remeasurement of the option

ember 31, 2025 for additional information. | (5) Primarily relates to a net unrealized gain on our strategic investments. | (6) In the second quarter of 2025, we began including an adjustment for the income tax effect related to our non-GAAP adjustments. Prior period non-GAAP calculations for the income tax effects on our non-GAAP adjustments are not being adjusted as these amounts were not material.

Additionally, the third quarter of 2025 includes an adjustment for amounts related to the impact of the passage of the One Big Beautiful Bill Act on the first and second quarters of 2025, that were recorded in third quarter of 2025.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260226281661/en/

Investor Relations contact: [email protected] / https://investors.coreweave.com/

Media contact: [email protected] / https://www.coreweave.com/about-us

Source: CoreWeave, Inc.

NASDAQ:CRWV

CRWV Rankings

CRWV Latest News

CRWV Latest SEC Filings

[Form 4] CoreWeave, Inc. Insider Trading Activity

[Form 4] CoreWeave, Inc. Insider Trading Activity

[144] CoreWeave, Inc. SEC Filing

[8-K] CoreWeave, Inc. Reports Material Event

[144] CoreWeave, Inc. SEC Filing

Source 4: Block lays off 40% of staff citing AI (Investopedia)

URL: https://www.investopedia.com/block-lays-off-40-percent-of-staff-citing-ai-ceo-dorsey-says-other-firms-will-make-similar-moves-xyz-11915921

Captured_at: 2026-03-02T08:00:00+08:00

---

Block Lays Off 40% of Staff Citing AI. CEO Dorsey Says Other Firms Will Make Similar Moves. Block Shares Soared Friday on the News By Crystal Kim Full Bio Crystal Kim is a New York-based markets and investing reporter with more than 10 years of experience. Prior to joining Invest

opedia, she wrote for Barron’s, Bloomberg, and Axios. Learn about our editorial policies Published February 27, 2026 12:26 PM EST Block CEO Jack Dorsey (pictured here in 2021) said Thursday that advances in artificial intelligence tools have “changed what it means to build and ru

n a company”. Eva Marie Uzcategui / Bloomberg / Getty Images Close Key Takeaways Shares of Block surged Friday after the fintech company announced plans to lay off nearly half of its staff.Almost 30,000 people across 45 tech companies have been laid off since the start of the yea

r. Get personalized, AI-powered answers built on 27+ years of trusted expertise. ASK As artificial intelligence technology advances, more people are likely to lose their jobs, according to one high-profile tech CEO. Jack Dorsey, chief of fintech shop Block (XYZ), delivered the fo

reboding message on Thursday after announcing the company will lay off more than 4,000 people, representing nearly half of its existing staff of 10,000. Block, which owns Square and Cash App, had a “strong year” in 2025, but the advances in artificial intelligence tools have “cha

nged what it means to build and run a company,” Dorsey said in a shareholder letter published alongside its fourth-quarter earnings results. Shares of Block were up 15% recently, after surging as much as 21% earlier in the session in response to the news. The company, formerly ca

lled Square, is the latest tech firm to slash its headcount. Others including eBay (EBAY), Salesforce (CRM), Workday (WDAY), Zillow (Z) and Amazon (AMZN) have all announced job cuts in the last couple of months, with some citing AI as the primary driver. Dorsey said other compani

es are likely to make similar workforce decisions. WHY THIS MATTERS TO YOU AI-related layoffs have not abated, even though some company leaders including Klarna, have said it turned out to be a mistake. “I don’t think we’re early to this realization. I think most companies are la

te,” he said. “Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes.” Dorsey, who famously founded social media platform Twitter, said AI tools were now at a state that could fundamentally transform how compa

nies operate, and the firm would put AI at the core of how “the entire company works.” During the company’s earnings call, he said that its smaller, nimbler workforce would be better positioned to experiment and create new products faster, per a transcript provided by AlphaSense.

Dorsey also said that the company may have “application gap” in its use of AI, but planned to use those tools more aggressively. So far this year, almost 30,000 people across 45 tech companies have been handed their walking papers , according to data compiled by layoffs.fyi, whi

ch has been tracking job cuts since 2020. More than half of that represents Amazon’s layoffs, which last month announced it was reducing its workforce by 16,000 people. Related Education Artificial Intelligence (AI): What It Is, How It Works, Types, and Uses Key Factors in Boosti

ng Labor Productivity: Efficiency and Technology Despite the big gain on Friday, shares of Block remain in negative territory in 2026. Do you have a news tip for Investopedia reporters? Please email us at [email protected] Article Sources Investopedia requires writers to use prim

ary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in pro

ducing accurate, unbiased content in our editorial policy. Securities and Exchange Commission. “Block: 8-K.” Layoffs.fyi. “2026.” Take the Next Step to Invest Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compe

nsation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Read more News Company News Tech Sector News Partner Links Take the Next Step to Invest Advertiser Disclosure × The offers that appear in th

is table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Source 5: MongoDB Q4 and FY26 earnings call set for Mar. 2 (StockTitan)

URL: https://www.stocktitan.net/news/MDB/mongo-db-inc-announces-date-of-fourth-quarter-and-full-fiscal-2026-zem6j87uglgj.html

Captured_at: 2026-03-02T08:00:00+08:00

---

MongoDB, Inc. Announces Date of Fourth Quarter and Full Fiscal 2026 Earnings Call

Rhea-AI Summary

MongoDB (NASDAQ: MDB) will report fourth quarter and full fiscal 2026 results for the period ended January 31, 2026, after U.S. markets close on Monday, March 2, 2026. A conference call and live webcast will be held the same day at 5:00 p.m. ET.

Investors can access the live webcast and replay on the company’s Investor Relations website. Phone participants must register to receive dial-in details and are encouraged to call 15 minutes early to avoid delays.

Positive

• None.

Negative

• None.

News Market Reaction – MDB

On the day this news was published, MDB declined 3.29%, reflecting a moderate negative market reaction. Argus tracked a trough of -3.2% from its starting point during tracking. Our momentum scanner triggered 37 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $914M from the company’s valuation, bringing the market cap to $26.86B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Market Reality Check

1,935,527vs 20-day average

1,451,360(relative volume

1.33x) ahead of the earnings call date news. normal

$346.06, trading

22.18%below 52-week high and

145.82%above 52-week low, and positioned above the

$290.26200-day MA.

Peers on Argus

MDB fell 7.14% while key software peers like AFRM (-4.15%), IOT (-6.38%), and TOST (-8.49%) also declined, but no peers appeared in the momentum scanner, indicating a more stock-specific move than a coordinated sector rotation.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 01

Investor conferencesPortfolio company funding[Q3 call date](/news/MDB/mongo-db-inc-announces-date

-of-third-quarter-fiscal-2026-earnings-j1o6k8oxd6pd.html)Leadership transitionRecent earnings-related communications often coincided with flat-to-negative next-day moves, even when fundamentals or guidance were positive

.

Over the past few months, MongoDB has combined leadership changes, solid financial performance, and active investor communication. The company announced a CEO transition with preliminary Q3 FY2026 results expected above the high end of guidance on Nov 3, 2025. It then schedul

ed and reported Q3 results on Dec 1, 2025, delivering $628.3M in revenue and strong non-GAAP profitability. Alongside conference appearances and an external Appetronix funding news item, prior earnings date announcements saw mildly negative price reactions, relevant conte

xt for today’s earnings call schedule.

Market Pulse Summary

This announcement sets expectations for MongoDB’s Q4 and full fiscal 2026 earnings release, scheduled after market close on March 2, 2026 for the quarter ended January 31, 2026. In the prior quarter, the company delivered $628.3M in revenue and strong non-GAAP profita

bility while raising guidance. Investors may focus on whether those trends persist, how Atlas growth compares to the prior 30% rate, and how recent insider selling activity appears in the broader disclosure context.

Key Terms

rule 144 regulatory

form 4 regulatory

rule 10b5-1 trading plan regulatory

8-k/a regulatory

annualized recurring revenue financial

AI-generated analysis. Not financial advice.

MDB) will report its fourth quarter and full fiscal year 2026 financial results for the three months ended January 31, 2026, after the

In conjunction with this announcement, MongoDB will host a conference call on Monday, March 2, 2026, at 5:00 p.m. (Eastern Time) to discuss the Company’s financial results and business outlook. A live webcast of the call will be available on the “Investor Relations” page of the Company’s website at http://investors.mongodb.com. To access the call by phone, please go to this link (registration link), and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay of the webcast will also be available for a limited time at http://investors.mongodb.com.

About MongoDBHeadquartered in

mongodb.com.

Investor RelationsJess Lubert

[email protected]Media RelationsMongoDB

[email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/mongodb-inc-announces-date-of-fourth-quarter-and-full-fiscal-2026-earnings-call-302679439.html

SOURCE MongoDB, Inc.

FAQ

When will MongoDB (MDB) release Q4 and fiscal 2026 results and hold the earnings call?

How can investors listen to the MongoDB (MDB) March 2, 2026 earnings call webcast?

How do I join the MongoDB (MDB) earnings call by phone and when should I register?

Will a replay of the MongoDB (MDB) March 2, 2026 earnings webcast be available, and for how long?

What period do the reported results cover for MongoDB’s (MDB) upcoming earnings on March 2, 2026?

NASDAQ:MDB

MDB Rankings

MDB Latest News

MongoDB Announces Leadership Transition

MDB Latest SEC Filings

[Form 4] MongoDB, Inc. Insider Trading Activity

[144] MongoDB, Inc. SEC Filing

[144] MongoDB, Inc. SEC Filing

[144] MongoDB, Inc. SEC Filing

[Form 4] MongoDB, Inc. Insider Trading Activity

Source 6: Credo schedules Q3 FY26 results call for Mar. 2 (StockTitan)

URL: https://www.stocktitan.net/news/CRDO/credo-provides-preliminary-third-quarter-fiscal-year-2026-revenue-twk8mdp3m3u7.html

Captured_at: 2026-03-02T08:00:00+08:00

---

Credo Provides Preliminary Third Quarter Fiscal Year 2026 Revenue Results, Updated Revenue Guidance for Fourth Quarter of Fiscal Year 2026 and Schedules Third Quarter Fiscal Year 2026 Financial Results Conference Call

Key Terms

generally accepted accounting principles regulatory

CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today provided preliminary revenue results for the third quarter and updated revenue guidance for the fourth quarter of fiscal year 2026.

Credo expects to report third quarter fiscal year 2026 revenue in the range of

Looking towards the end of fiscal year 2026 and into fiscal 2027, Credo expects sequential revenue growth in the mid-single digits leading to more than

Credo will provide additional details and discuss its financial results for the quarter ended January 31, 2026, during Credo’s third quarter fiscal year 2026 earnings conference call. Credo will hold the conference call on Monday, March 2, 2026, at 2:00 p.m. Pacific Time.

The news release announcing the third quarter fiscal year 2026 financial results will be disseminated on March 2, 2026 after the market closes.

Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Monday, March 2, 2026, by dialing (800) 715-9871 (toll-free) or +1 (646) 307-1963 (international). The conference ID for the call is 5251802. It is recommended that participants dial in to the call at least 10 minutes before the start of the call. A live webcast of the conference call will be available on Credo’s Investor Relations website at http://investors.credosemi.com/

A replay of the webcast will be available via the web at http://investors.credosemi.com/.

Preliminary Revenue Results Disclaimer

The expected revenue results for the third quarter of fiscal year 2026 in this press release are preliminary, unaudited and subject to completion and are based on management’s initial analysis of results of operations for the third quarter of fiscal year 2026. Credo’s consolidate

d financial statements for the third quarter of fiscal year 2026 are not yet available and remain subject to completion of financial closing procedures and potential final adjustments.

Credo’s independent registered public accounting firm has not audited, reviewed, compiled or performed agreed-upon procedures with respect to the third quarter fiscal year 2026 preliminary financial results. These estimates should not be viewed as a substitute for financial state

ments prepared in accordance with

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact could be deemed forward-looking statements, including, but not limited to, any statements regarding: launches of new o

r expansion of existing products or services; technology developments and innovation; our plans, strategies or objectives with respect to future operations; preliminary financial results;

financial outlook; future financial results; expectations regarding the markets and industries in which Credo conducts business; and assumptions underlying any of the foregoing. Words such as “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “seeks,” “estimat

es,” “can,” “may,” “will,” “would,” “outlook,” “forecast,” “targets” and similar expressions, or their negatives, may identify such forward-looking statements. These statements are not guarantees of results and should not be considered as an indication of future activity or futur

e performance. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that may cause actual events or results to differ materi

ally from those described in this press release. Readers are encouraged to review risk factors and all other disclosures appearing in Credo’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission (SEC) on July 2, 2025, as well as Credo’s other filings wi

th the SEC, for further information on risks and uncertainties that could affect Credo’s business, financial condition and results of operation. Copies of these filings are available from the SEC, Credo’s website or Credo’s investor relations department. Forward-looking statement

s speak only as of the date they are made. Credo assumes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-look

ing statements that speak only as of the date herein.

About Credo

Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure

demands of AI.

Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform.

Credo innovations enable our customers to connect the systems that connect the world.

For more information, please visit https://www.credosemi.com.

Credo and the Credo logo are registered trademarks of Credo Technology Group Limited in

View source version on businesswire.com: https://www.businesswire.com/news/home/20260209451833/en/

Investor Relations Contact:

Dan O’Neil [email protected]

Source: Credo

Source 7: CrowdStrike Announces Date of Q4/FY26 Financial Results Conference Call (Nasdaq / BusinessWire)

URL: https://www.nasdaq.com/press-release/crowdstrike-announces-date-fourth-quarter-and-fiscal-year-2026-financial-results

Captured_at: 2026-03-02T08:00:00+08:00

---

CrowdStrike Announces Date of Fourth Quarter and Fiscal Year 2026 Financial Results Conference Call

AUSTIN, Texas–(BUSINESS WIRE)– CrowdStrike Holdings, Inc. (Nasdaq: CRWD), today announced that it will release financial results for its fourth quarter and fiscal year 2026 ended January 31, 2026 after the U.S. market close on Tuesday, March 3, 2026. CrowdStrike will host a con

ference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results.

To register for the live event please visit https://crowdstrike-fiscal-fourth-quarter-2026-results-conference-call.open-exchange.net/

A live webcast of the conference call and the financial results press release will be accessible from the CrowdStrike investor relations website at ir.crowdstrike.com. An audio webcast replay of the conference call will be available on the investor relations website for one year.

About CrowdStrike Holdings

CrowdStrike (Nasdaq: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity, and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, aut

omated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.

CrowdStrike: We stop breaches.

For more information, please visit: ir.crowdstrike.com

© 2026 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identi

fy their products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260203552979/en/

**Investor Relations Contact **CrowdStrike Holdings, Inc. Andrew Nowinski [email protected] 669-721-0742

Source: CrowdStrike Holdings, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CRWD

Source 8: GitLab to Announce Q4 and FY26 Financial Results (GitLab press release)

URL: https://about.gitlab.com/press/releases/2026-02-17-gitlab-to-announce-fourth-quarter-and-full-fiscal-2026-financial-results/

Captured_at: 2026-03-02T08:00:00+08:00

---

San Francisco, CA - February 17, 2026 - All Remote â GitLab Inc., the intelligent orchestration platform for DevSecOps, today announced that it will report its financial results for the fourth quarter and its full fiscal year 2026, which ended January 31, 2026, after U.S. markets

close on Tuesday, March 3, 2026. Management will host a conference call and webcast on the same day to discuss the companyâs financial results at 4:30 p.m. ET / 1:30 p.m. PT.

GitLab Fourth Quarter and Full Fiscal 2026 Financial Results Conference Call and Webcast

When: Tuesday, March 3, 2026

Time: 4:30 p.m. ET / 1:30 p.m. PT

Replay: A webcast replay of the conference call will be available on the investor relations website for one year.

GitLab uses its Investor Relations website ir.gitlab.com and its X feed (@gitlab), among other channels, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

GitLab is the intelligent orchestration platform for DevSecOps. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 50 million registered users and m

ore than 50% of the Fortune 100* trust GitLab to ship better, more secure software faster.

**Fortune 500® is a registered trademark of Fortune Media IP Limited, used under license. Claim based on GitLab data. Fortune 100 refers to the top 20% ranked companies in the 2025 Fortune 500 list, published in June 2025. Fortune and Fortune Media IP Limited are not affiliated

with, and do not endorse products or services of GitLab.*

Media Contact Lisa Boughner [email protected]

Investor Contact Yaoxian Chew [email protected]

Source 9: Broadcom to announce Q1 FY26 results on Mar 4 (Nasdaq / PRNewswire)

URL: https://www.nasdaq.com/press-release/broadcom-inc-announce-first-quarter-fiscal-year-2026-financial-results-wednesday

Captured_at: 2026-03-02T08:00:00+08:00

---

Broadcom Inc. to Announce First Quarter Fiscal Year 2026 Financial Results on Wednesday, March 4, 2026

PALO ALTO, Calif., Feb. 2, 2026 /PRNewswire/ – Broadcom Inc. (NASDAQ: AVGO), a technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its first quarter fiscal year 2026 financial results and busin

ess outlook on Wednesday, March 4, 2026 after the close of the market. Broadcom’s management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook.

Date: Wednesday, March 4, 2026

Time: 2:00 PM (PT); 5:00 PM (ET)

Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broadcom.com.

Replay: An audio replay of the conference call can be accessed for one year through the Investors section of Broadcom’s website at https://investors.broadcom.com.

About Broadcom Inc.Broadcom Inc. (NASDAQ: AVGO) is a technology leader that designs, develops, and supplies semiconductors and infrastructure software for global organizations’ complex, mission-critical needs. We combine long-term R&D investment with superb execution to deliver the best technology, at scale. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, visit www.broadcom.com.

**Contact: **Broadcom Inc.Ji YooInvestor Relations650-427-6000[email protected](AVGO-Q)

View original content:https://www.prnewswire.com/news-releases/broadcom-inc-to-announce-first-quarter-fiscal-year-2026-financial-results-on-wednesday-march-4-2026-302675501.html

SOURCE Broadcom Inc.

In This Story

AVGO

Source 10: Marvell conference call to review Q4/FY26 results (Marvell IR / BusinessWire)

URL: https://investor.marvell.com/news-events/press-releases/detail/1006/marvell-technology-inc-announces-conference-call-to-review-fourth-fiscal-quarter-and-fiscal-year-2026-financial-results

Captured_at: 2026-03-02T08:00:00+08:00

---

Marvell Technology, Inc. Announces Conference Call to Review Fourth Fiscal Quarter and Fiscal Year 2026 Financial Results

SANTA CLARA, Calif.–(BUSINESS WIRE)– Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced it will conduct a conference call following the release of its fourth fiscal quarter and fiscal year 2026 financial results on Thursday, March 5, 2026, at 1:45 p.m. Pacific Time.

Conference Call

Interested parties may join the live conference call without operator assistance at Call me™ (link will be active approximately 30 minutes before the call) to receive an instant automated callback. To join the call with operator assistance, please dial 1-877-407-8291 or 1-201-689-8345. The call will be webcast and can be accessed at the Marvell Investor Relations website at http://investor.marvell.com/. A replay of the call can be accessed by dialing 1-877-660-6853 or 1-201-612-7415, passcode 13758656 until Thursday, March 12, 2026.

About Marvell

To deliver the data infrastructure technology that connects the world, we’re building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world’s leading technology companies for over 30 years, we move, store, process and secure the worl

d’s data with semiconductor solutions designed for our customers’ current needs and future ambitions. Through a process of deep collaboration and transparency, we’re ultimately changing the way tomorrow’s enterprise, cloud and carrier architectures transform—for the better.

Marvell and the Marvell logo are registered trademarks of Marvell and/or its affiliates.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260209810032/en/

**For further information, contact: **

Ashish Saran

Senior Vice President, Investor Relations

408-222-0777 [email protected]

Source: Marvell Technology, Inc.

Released February 9, 2026