Top Wall Street Forecasters Revamp Levi Strauss Expectations Ahead Of Q3 Earnings
Levi Strauss will report Q3 results Oct. 7; analysts forecast EPS of $0.36 and revenue of $1.62B, up from $0.34 and $1.54B last year.
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Microsoft's $3.2 billion Anthropic gain topped the operating income of its Windows, Xbox and search division in the latest quarter.
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Levi Strauss will report Q3 results Oct. 7; analysts forecast EPS of $0.36 and revenue of $1.62B, up from $0.34 and $1.54B last year.
Stitch Fix reported a quarterly loss of $0.01 per share, beating consensus estimates of $0.06 loss by 83.33%, with revenues of $324.42 million slightly missing expectations. However, the stock has declined 43.1% year-to-date versus the S&P 500's 13.4% gain. The company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.
IREN has surged 414% over two years by pivoting from Bitcoin mining to AI cloud services. The company secured a $9.7 billion five-year contract with Microsoft and has $4 billion in contracted annual recurring revenue. However, the stock is down 40% from its 52-week high amid concerns about massive capital expenditures ($25-30 billion planned) and debt loads. The stock is recommended only for aggressive investors betting on sustained GPU pricing and profitability.
Microsoft stock rose 3.66% to $516.17 after announcing new Copilot capabilities including code generation and agentic AI tools. The company is spending over $115 billion on capex for data centers and AI infrastructure in 2026. While the market reacted positively, investors should monitor AI adoption rates and ROI on these massive investments in the coming quarters.
WeAreDevelopers held its first North America World Congress in San José (Sept 23-25, 2026) with over 10,000 attendees and industry leaders, focusing on moving AI-powered software from prototype to production. The event featured keynotes from Docker, GitHub, Replit, and other major tech companies, addressing challenges in deploying agentic systems, securing AI-written software, and managing non-deterministic testing.
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