Earnings season is winding down, but several reports this week carry outsized weight for AI and entertainment investors. Here are three companies with clear catalysts on Tuesday, November 10.
CoreWeave (CRWV): results after the close
AI cloud provider CoreWeave is scheduled to report third quarter results after Tuesday’s closing bell, according to TipRanks and Freetrade. Management previously guided for third quarter revenue of $3.45 billion to $3.6 billion, and the consensus revenue estimate is about $3.55 billion, Freetrade reported using Refinitiv data. That would be a big step up from $2.58 billion in the second quarter.
The key issues go beyond revenue. CoreWeave ended the second quarter with a backlog of about $104 billion, according to TipRanks, but it is also spending heavily, with 2026 capital spending guidance of $35 billion to $39 billion. Interest expense is a growing concern: TipRanks said third quarter interest costs could reach $940 million. Investors will likely focus on financing plans, margins and any update to that backlog.
Take-Two Interactive (TTWO): GTA VI pre-orders
Take-Two reported fiscal second quarter results after Monday’s close and kept its full year net bookings forecast of $8.0 billion to $8.2 billion, according to Stock Titan. Revenue fell about 15% from a year earlier, but management said pre-orders for Grand Theft Auto VI are running well ahead of its expectations, TheStreet reported.
Shares rose about 4% in after-hours trading Monday and were up close to 4% before Tuesday’s open, according to Stock Titan and TheStreet. With GTA VI widely seen as one of the biggest entertainment launches in years, any change in its timing or commercial outlook tends to move the stock.
Sanmina (SANM): a big long-range outlook
Electronics manufacturer Sanmina jumped roughly 20% in extended trading Monday and was up about 14% in Tuesday’s premarket, according to Stock Titan and TheStreet. The move followed guidance calling for fiscal 2027 revenue of $17.5 billion to $19.5 billion, per Stock Titan.
Sanmina builds hardware for data center, communications and industrial customers, so investors have been treating it as a way to gauge AI infrastructure demand outside of the largest chip designers.
Also on the radar
- Rocket Lab fell about 7% premarket after a wider quarterly loss despite record revenue of $268 million, according to Stocktwits and Stock Titan.
- AAON jumped about 15% premarket after beating estimates and raising its outlook, TheStreet reported.
- GFL Environmental dropped about 13% premarket after its board rejected a take-private offer, according to TheStreet.
This article is for informational purposes only and is not a recommendation to buy or sell any security.
