Core Insights - Instacart reported quarterly earnings of 30 cents per share, which fell short of the Street estimate of 52 cents per share [2] - Quarterly revenue reached $992 million, surpassing the analyst estimate of $974.08 million [2] Financial Performance - In Q4, Instacart achieved its strongest quarterly Gross Transaction Value (GTV) growth in three years, with GTV increasing by 14% year-over-year [2] - Orders increased by 16% during the same period [2] - The company generated $971 million in operating cash flow for the full year 2025 [2] - Instacart repurchased $1.4 billion of shares in 2025, including $1.1 billion in Q4 alone [2] Stock Performance - Maplebear stock (CART) gained 15.82%, reaching $38.50 in extended trading [3]

Core Insights - Apple Inc is positioning its streaming segment for potential profitability by acquiring the rights to the successful series "Severance," which is expected to enhance its original content offerings and viewer engagement [2][12] Group 1: Acquisition Details - Apple Studios acquired the rights and intellectual property for "Severance" from Fifth Season for approximately $70 million, aiming to make it a flagship series for its streaming platform [2] - The series has completed two seasons and is set to film a third season this summer, with plans for at least four more seasons, indicating a long-term commitment to the show [3][4] Group 2: Viewership and Profitability - "Severance" has seen its viewership double from season one to season two, and if this trend continues, the show could become profitable in its third season [5] - The acquisition may allow Fifth Season to turn a profit on its previous efforts, which were not profitable during season two [5] Group 3: Streaming Strategy - Since launching AppleTV+ in 2019, the streaming segment has been unprofitable, primarily due to high content acquisition costs, funded by Apple's other profitable ventures [6][11] - Apple has relied heavily on content from other studios, which has limited its negotiating power for renewals and spinoffs, but the company is now shifting focus to producing more in-house content [7][9] Group 4: Future Content Plans - Apple Studios is also developing other original content and has had significant successes, such as the blockbuster "F1," which grossed $189.6 million domestically and $654.5 million worldwide [8] - The company plans to continue licensing content from other studios but aims to acquire less and focus on securing high-quality content through its own studio [9][10]

Core Insights - Toast's stock is currently testing lower boundaries, hitting a new low due to market reactions following its earnings report [1] Financial Performance - Toast reported a Q4 revenue of $1.63 billion, slightly above estimates of $1.62 billion [5] - The company achieved a Q4 EPS of 16 cents, exceeding estimates of 13 cents [5] - The annualized recurring run-rate (ARR) grew by 26% to over $2 billion as of December 31, 2025 [2] - Gross Payment Volume (GPV) increased by 22% year-over-year to $51.4 billion [2] Business Growth - Total locations increased by 22% year-over-year to approximately 164,000, with an addition of 30,000 locations in 2025 [2] - The CEO of Toast, Aman Narang, highlighted momentum across the business, including scaling the core restaurant business and accelerating growth in new markets [3] Future Expectations - For the first quarter, Toast expects gross profit from subscription services and financial technology solutions to be in the range of $505 million to $515 million, representing growth of 22% to 24% [4] - Adjusted EBITDA for the first quarter is anticipated to be between $160 million and $170 million [4] Share Repurchase Program - Toast's board has authorized an increase of $500 million to the company's previously authorized share repurchase program [3] Market Reaction - Following the earnings report, Toast shares fell by 8.11% in after-hours trading, reaching $24.02 [5]

Core Insights - Dutch Bros Inc reported strong fourth-quarter financial results, with revenue of $443.61 million, representing a year-over-year increase of 29.4%, surpassing the Street consensus estimate of $424.75 million [2] - The company achieved earnings per share of 17 cents, exceeding the consensus estimate of 10 cents per share [2] Financial Performance - Same-store sales growth for the fourth quarter was 7.7%, marking 19 consecutive years of positive same-store sales growth [3] - Full fiscal year revenue reached $1.64 billion, up 27.9% year-over-year, with same-store sales growth of 5.6% for the full year [4] Expansion and Growth Strategy - Dutch Bros opened 55 new stores in the fourth quarter across 17 states, totaling 154 new stores opened in the full fiscal year across 22 states [3] - The company plans to open at least 181 new stores in 2026, with revenue guidance for 2026 projected between $2 billion and $2.03 billion, aligning with the Street consensus estimate [5] Market Performance - Following the earnings report, Dutch Bros stock rose 10.78% to $55.30 in after-hours trading, within a 52-week trading range of $47.16 to $86.88 [6]

Core Viewpoint - Arista Networks Inc. reported strong fourth-quarter earnings, exceeding analyst expectations, which led to a significant increase in stock price during extended trading hours [1][2]. Financial Performance - Quarterly earnings were reported at 82 cents per share, surpassing the Street estimate of 76 cents [2]. - Revenue for the quarter reached $2.49 billion, exceeding the analyst consensus estimate of $2.38 billion and showing an increase from $1.93 billion in the same period last year [2]. - The company achieved a milestone of shipping a cumulative total of 150 million ports, indicating strong momentum in its Arista 2.0 initiative [2]. Growth and Future Outlook - Arista reported profitable growth with total revenue of $9 billion, exceeding both AI networking and campus expansion goals [3]. - For the first quarter of 2026, the company expects revenue of approximately $2.6 billion, higher than the $2.45 billion analyst estimate [4]. - Non-GAAP gross margin is projected to be between 62% and 63%, with a non-GAAP operating margin of approximately 46% [4].

Group 1 - The core viewpoint of the articles highlights concerns over the impact of artificial intelligence on the commercial real estate services sector, leading to a sell-off in stocks of major firms like CBRE Group, Jones Lang LaSalle, and Cushman & Wakefield [1][3] - CBRE Group, Jones Lang LaSalle, and Cushman & Wakefield operate as "picks-and-shovels" firms in the commercial property market, generating revenue through advisory services tied to transaction volumes [2] - The potential for AI to reduce the need for large teams and high-margin advisory fees raises questions about the sustainability of current business models in the real estate services industry [3] Group 2 - CBRE Group reported a fourth-quarter adjusted EPS of $2.73, exceeding the consensus estimate of $2.67, although revenue of approximately $11.63 billion fell slightly short of expectations [4] - The company provided FY2026 adjusted EPS guidance of $7.30 to $7.60, with the midpoint surpassing Wall Street estimates, which initially supported the stock before it closed down about 8% at $136.28 [5] - Rising legal costs and uncertainties related to private listing networks are identified as near-term challenges for the industry [6]

Core Insights - Rivian Automotive reported fourth-quarter revenue of $1.29 billion, a decrease from $1.73 billion in the same quarter last year, but above the consensus estimate of $1.27 billion [2][3] - The company experienced a significant decline in automotive revenue, which totaled $839 million, down 45% year-over-year, attributed to lower vehicle deliveries and average sales price [3] - Rivian's software and services revenue increased by 109% year-over-year, reaching $447 million in the fourth quarter [3] - The company reported a loss of 54 cents per share, which was better than the expected loss of 68 cents per share [3] - Rivian's consolidated gross profit for the fourth quarter was $120 million, with a full-year gross profit of $144 million, an improvement of $1.3 billion compared to fiscal 2024 [4] Production and Deliveries - Rivian produced 10,974 vehicles and delivered 9,745 vehicles in the fourth quarter, with total deliveries for the fiscal year reaching 42,247 vehicles [4] - The full-year revenue for Rivian was $5.39 billion, reflecting an 8% increase year-over-year [4] Future Outlook - The company plans to deliver the R2 vehicle to customers in the second quarter of 2026, with expectations of strong early reviews for pre-production builds [6] - Rivian provided guidance for 2026, projecting deliveries of 62,000 to 67,000 vehicles, a significant increase from 2025 [6] - Adjusted EBITDA is expected to range from a loss of $2.1 billion to a loss of $1.80 billion for fiscal 2026, with capital expenditures estimated between $1.95 billion and $2.05 billion [7] Stock Performance - Rivian's stock rose by 16.6% to $16.30 in after-hours trading, within a 52-week trading range of $10.36 to $22.69 [8]

Here's a look at the key figures from the quarter. ROKU stock is moving. Watch the price action here.Roku Rocks Q4Roku reported quarterly earnings of 53 cents per share, which beat the consensus estimate of 27 cents by 93.43%, according to data from Benzinga Pro.Quarterly revenue came in at $1.4 billion, which beat the analyst consensus estimate of $1.35 billion and was up from $1.2 billion in the same period last year.The company reported the following fiscal 2025 highlights: Total net revenue was $4.74 bi ...

Core Insights - Coinbase reported fourth-quarter total revenue of $1.78 billion, a 5% decrease quarter-over-quarter, missing the consensus estimate of $1.85 billion [2] - The company achieved adjusted earnings per share of 66 cents, surpassing the consensus estimate of 64 cents per share [2] Revenue Breakdown - Transaction revenue for the quarter was $982.7 million, down from $1.56 billion in the same quarter last year and down from $1.05 billion in the previous quarter [3] - Subscription and services revenue was $727.4 million, an increase from $641.1 million year-over-year but a decrease from $746.7 million quarter-over-quarter [3] Annual Performance - For the fiscal year, transaction revenue totaled $4.1 billion, reflecting a 2% year-over-year increase [4] - Total trading volume for the fiscal year was $5.2 trillion, a significant 156% increase year-over-year, with the company's crypto trading volume market share doubling [4] Product Diversification - The company has developed 12 products generating annualized revenue of $100 million, with six products exceeding $250 million and two generating over $1 billion [5] - Since November 2025, Coinbase has repurchased 8.2 million shares, and in January 2026, the Board expanded the share and long-term debt repurchase plan by an additional $2 billion [5] Future Guidance - For the first quarter, the company projects subscription and services revenue to be between $550 million and $630 million, lower than recent quarters [6] - As of February 10, transaction revenue for the first quarter was reported at $420 million [6] Strategic Priorities - Key priorities for the company include expanding the Everything Exchange, scaling stablecoins, and enhancing DeFi integrations through the Base App [7] Stock Performance - Coinbase stock rose 0.6% to $141.80 in after-hours trading, within a 52-week trading range of $139.36 to $444.64 [8]

Core Insights - Airbnb reported quarterly earnings of 56 cents per share, missing the analyst estimate of 65 cents [2] - Quarterly revenue reached $2.78 billion, surpassing the Street estimate of $2.72 billion [2] - The company recorded fourth quarter gross bookings value (GBV) of $20.4 billion, reflecting a 13% year-over-year increase, and nights/seats booked of 121.9 million, up 10% year-over-year [2] Outlook - Airbnb anticipates first-quarter revenue between $2.59 billion and $2.63 billion, exceeding the analyst estimate of $2.53 billion [3] - Following the earnings report, Airbnb stock increased by 5% to $121.76 in extended trading [3]