Daily Brief United States: NVIDIA Corp, Crude Oil, Mammoth Energy Services, Occidental Petroleum, Omada Health, Skyworks Solutions, Hewlett Packard Co, Cdw Corp/De, Build A Bear Workshop, IonQ and more

• NVIDIA reported Q1FY26 revenues of $44.1 billion, up 69% YoY and up 12% QoQ
• NVIDIA forecasted current quarter revenues of $45.0 billion, marginally up QoQ and weighed down by the loss of around $8 billion in previously anticipated H20 revenues
• Does China really wish to remain reliant on US infrastructure/platforms for its AI build out indefinitely? I think not. Gradually losing China market was inevitable, even without US restrictions.

• Daniel Dicker is a seasoned oil trader and expert on energy markets
• Oil has become less important in the macro landscape, with its influence on stocks decreasing over the years
• Oil’s current price fluctuations are driven more by supply and demand factors rather than financial speculation, with no signs of improvement in the near future, despite recent macro developments.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Mammoth Energy (Tusk) has undergone a transformation and is a potentially undervalued small cap stock with limited downside

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• Occidental Petroleum’s recent earnings call for the first quarter of 2025 presented a mixed but detailed view of the company’s operational and financial performance, showcasing both strengths and challenges.
• The management highlighted a solid execution across its diversified portfolio, despite facing some market headwinds and external uncertainties.
• On the positive side, Occidental generated $3 billion in operating cash flow before working capital adjustments, maintaining oil and gas production at just over 1.39 million barrels of oil equivalent per day, which aligns with their guidance.

• After the success of Hinge Health, Omada Health is now testing the IPO waters. 
• Omada Health set terms with the SEC on Thursday morning for its IPO and will offer 7.9mm shares at $18-$20 with a debut date of Friday, June 6th. 
• The size of the transaction is manageable and the company is backed by major VC players in the industry. 

• Skyworks Solutions reported its second fiscal quarter 2025 results, highlighting both strengths and challenges within its operational landscape.
• The company delivered revenue of $953 million and earnings per share of $1.24, both slightly exceeding the midpoint of their guidance.
• Gross profit was $445 million, with a gross margin of 46.7%, indicating strong execution in cost management and operational efficiency.

• HP Results Show Commercial PC Growth is Resilient, AI PC Penetration Expanding
• Key Industry Outlook Perspective — HP’s ZGX AI Station with NVIDIA Chips Marks the True Arrival of AI PCs… Locally Run LLMs Signal a Step-Change for PC Capabilities
• Remain Structurally Long PC Makers on AI PC Upgrade Cycle — Emergence of New NVIDIA Blackwell-Powered Workstations Clarifying the Path for AI PCs to Deliver Step-Change Improvements in Value

• The earnings for CDW Corporation’s first quarter of 2025 highlights several key aspects of its performance and outlook.
• With detailed comments from management, the company presents a mixed set of results and expectations amid a dynamic market environment.
• Starting with the positives, CDW reported a robust start to the year with net sales increasing by 8% year-over-year to $5.2 billion.

• We are reiterating our Buy rating and $58 price target for Build-A-Bear Workshop and slightly lowering our EPS projections to account for the current tariff-driven environment, as the company announced material 1Q top and bottom line upside, driven by strong offerings, seasonal shifts and further gains in the higher margin franchising and third party segments.
• Further, management continues to return capital to shareholders via share repurchases and quarterly dividends, while still maintaining a cash rich ($3.37 per share), debt free balance sheet.
• That said, given the current uncertain economic environment, management, despite the 1Q upside, remained conservative in their guidance, reiterating FY25 revenue growth of mid single digits and reducing the pre-tax projection to $61 to $67 million.

• IonQ’s latest financial results and strategic developments signal a bold push toward cementing its role as a dominant player in the emerging quantum computing industry.
• The company reported first-quarter revenue of $7.6 million, matching last year’s figure but exceeding analyst expectations.
• Despite the flat top-line performance, IonQ remains aggressive in its vision to become the “Nvidia of quantum computing,” as CEO Niccolo de Masi described.