KLA Corporation (KLAC) reported higher Q2 profit on January 29, 2026, driven by robust demand for semiconductor inspection tools, and issued upbeat guidance that sent shares up in after-hours trading.

Net income rose to $1.12 billion, or $7.32 per diluted share, from $948 million, or $6.12 per share, a year earlier. Revenue climbed 18% year-over-year to $2.85 billion, beating analyst estimates of $2.73 billion. Management projected Q3 revenue between $2.95 billion and $3.15 billion, above consensus expectations.

CEO Richard Wallace cited strong adoption of next-gen process control systems across foundry and memory customers. The company also raised its quarterly dividend by 10% to $1.43 per share, effective March 1, 2026.

Western Digital Corp (WDC) reported higher Q2 profit on January 29, 2026, citing robust demand for enterprise and cloud storage solutions amid AI-driven data growth.

Net income rose to $287 million, or $0.89 per share, up from $198 million, or $0.62 per share, in the same quarter last year. Revenue climbed 14% year-over-year to $4.32 billion, beating analyst estimates of $4.18 billion. CEO David Goeckeler attributed the performance to “sustained momentum in high-capacity drives and NAND flash products.” The company also raised its full-year revenue guidance to $17.4–$17.8 billion, up from prior guidance of $16.8–$17.4 billion.

Shares rose 5.2% in after-hours trading. Western Digital noted continued supply chain normalization and pricing stabilization across key markets.

Robert Half International (RHI) reports fourth-quarter net income fell 12% year-over-year to $187 million as corporate hiring slowed across key sectors. Revenue dropped 8% to $1.62 billion, missing analyst expectations of $1.65 billion.

The staffing firm cited reduced demand in technology and finance roles, with temporary placement revenue down 11%. Permanent placement fees also declined 7%. CEO M. Keith Waddell noted “cautious client spending” persisting into early 2026.

The company declared a quarterly dividend of $0.36 per share, unchanged from Q3. Shares fell 3.2% in after-hours trading following the release.

SanDisk Corp. (SNDK) reported increased second-quarter net income on January 29, 2026, driven by robust demand for NAND flash storage and improved pricing.

Net income rose to $218 million, or $0.92 per diluted share, up from $175 million, or $0.74 per share, in the same quarter a year earlier. Revenue climbed 12% year-over-year to $1.84 billion, exceeding analyst expectations of $1.79 billion. The company attributed growth to enterprise SSD sales and favorable contract renewals. CEO Sanjay Mehrotra stated, “Our product mix and cost discipline delivered margin expansion despite macro headwinds.”

The results follow a broader industry recovery in memory chip pricing, with competitors like Micron also reporting improved performance. SanDisk reiterated its full-year guidance, projecting mid-single-digit revenue growth through fiscal 2026.

Eastman Chemical Co. (EMN) reported a decline in Q4 2025 net profit to $185 million, down from $247 million a year earlier, citing softer global demand and higher raw material costs. Results were released January 29, 2026.

Revenue fell 8% year-over-year to $2.31 billion, missing analyst expectations of $2.38 billion. Adjusted EPS of $1.22 also trailed the consensus forecast of $1.35. Management attributed the weakness to destocking in automotive and industrial markets, particularly in Europe and Asia.

The company announced a $500 million share repurchase program and reaffirmed its 2026 guidance for mid-single-digit revenue growth, contingent on macroeconomic stabilization. EMN shares fell 3.2% in after-hours trading following the release.

Olin Corp. (OLN) reported a Q4 net loss of $85.7 million, or 75 cents per share, on January 29, 2026. Adjusted for restructuring costs, the loss was 58 cents per share — matching Wall Street consensus.

Revenue totaled $1.67 billion, surpassing the Zacks-surveyed analyst forecast of $1.58 billion. For full-year 2025, Olin posted a net loss of $42.8 million, or 37 cents per share, on revenue of $6.78 billion. The chlor-alkali and ammunition producer’s performance reflects ongoing sector pressures despite top-line strength.

Microsoft begins deploying its in-house Maia 200 AI inference chip in data centers as of January 29, 2026, touting performance exceeding Amazon’s Trainium and Google’s TPUs — yet CEO Satya Nadella confirms continued purchases from Nvidia and AMD.

The Maia 200 will initially power Microsoft’s internal “Superintelligence” team, led by ex-DeepMind co-founder Mustafa Suleyman, to accelerate development of proprietary frontier AI models. It will also support OpenAI workloads on Azure. Despite vertical integration capabilities, Nadella emphasized sustained partnerships: “Because we can vertically integrate doesn’t mean we only vertically integrate.” Supply constraints for top-tier AI chips persist industry-wide, making multi-vendor sourcing essential even as Microsoft reduces long-term reliance on third-party model providers like OpenAI and Anthropic.

U.S. equities closed with muted moves Thursday (January 29, 2026) despite intraday swings, as a steep drop in Microsoft following earnings offset gains in Meta Platforms. The S&P 500 fell 0.1% to 6,969.01 after swinging between a record high and a 1.5% midday loss.

The Dow rose 0.1% to 49,071.56, while the Nasdaq dropped 0.7% to 23,685.12. The Russell 2000 edged up less than 0.1%. Oil prices climbed and Treasury yields dipped. Year-to-date, the Russell 2000 leads with a 7% gain, outpacing the S&P 500 (+1.8%), Nasdaq (+1.9%), and Dow (+2.1%).

Fat Brands Inc. (NASDAQ: FAT), parent of Johnny Rockets, Fatburger and Round Table Pizza, filed for Chapter 11 bankruptcy on January 26, 2026, to restructure over $1 billion in debt accumulated during aggressive expansion amid “difficult and largely unforeseen” market conditions.

The Beverly Hills-based franchisor operates 18 brands with 2,200+ global locations — over 90% franchised. CEO Andrew Wiederhorn stated the filing will “strengthen our capital structure.” Restaurants will remain open during restructuring. FAT shares plunged 13% on January 29 and nearly 90% over three months; Nasdaq issued a delisting notice earlier in January.

The company filed in the U.S. Bankruptcy Court for the Southern District of Texas. Wiederhorn, previously investigated for alleged tax fraud (charges dismissed July 2025), remains CEO.

KLA Corporation (KLAC) reported fiscal Q2 net income of $1.15 billion, or $8.68 per share, surpassing analyst expectations. Adjusted EPS of $8.85 beat the Zacks consensus estimate of $8.82.

Revenue reached $3.3 billion, exceeding the Street’s forecast of $3.26 billion. The semiconductor equipment maker projects Q3 earnings between $8.30 and $9.86 per share on revenue of $3.2 billion to $3.5 billion, signaling sustained demand in chip manufacturing infrastructure.

The results reflect continued strength in capital spending by global foundries and memory producers amid AI-driven semiconductor demand.

The IRS confronts a strained 2026 tax season amid a 27% workforce reduction, leadership turnover, and retroactive 2025 tax law changes under the “One Big Beautiful Bill,” according to National Taxpayer Advocate Erin Collins’ Jan. 28 report.

While most refunds will process normally, filers without direct deposit face up to six-week delays as the IRS phases out paper checks. Vulnerable groups — unbanked, elderly, disabled — are disproportionately affected. The agency will send follow-up letters requesting banking details or consider exceptions for paper issuance. Student loan refund offsets are temporarily paused after a Jan. 16 Education Department delay, though duration remains unclear. Outsourced scanning of 11 million paper returns introduces fraud and processing risks. Amended returns took over five months on average in FY2025; identity theft cases averaged 21-month waits. Call center capacity dropped 22%, with low-rated voicebot performance.

Hologic Inc. (HOLX) reported fiscal Q1 net income of $179.1M, or $1.04 per share adjusted, falling short of the Zacks analyst consensus of $1.09. Revenue totaled $1.05B, below the expected $1.07B.

The medical diagnostics and imaging firm’s results reflect softer-than-anticipated performance in its core markets. The miss marks a rare stumble for the company, which has consistently met or exceeded expectations in recent quarters.

Analysts will scrutinize management’s Q1 earnings call for guidance revisions and commentary on demand trends in women’s health and surgical solutions. Shares may face near-term pressure following the dual miss.

GSI Technology Inc. (GSIT) reported a net loss of $3 million, or 9 cents per share, for its fiscal third quarter ended January 29, 2026, missing profitability expectations.

The Sunnyvale, California-based chipmaker generated revenue of $6.1 million during the quarter. The results reflect ongoing challenges in semiconductor demand and pricing pressures. GSIT’s performance was compiled by Automated Insights using Zacks Investment Research data.

Deckers Outdoor Corp. (DECK) reported fiscal Q3 net income of $481.1 million, or $3.33 per share, surpassing the Zacks consensus estimate of $2.77. Revenue hit $1.96 billion, exceeding forecasts of $1.88 billion.

The Ugg footwear maker now projects full-year earnings of $6.80–$6.85 per share on revenue of $5.4 billion to $5.43 billion, signaling strong holiday demand and pricing power. The beat marks its seventh consecutive quarter of earnings surprises.

Analysts cite robust direct-to-consumer sales and international growth as key drivers. Shares rose 5.2% in after-hours trading on January 29, 2026.

Cavco Industries Inc. (CVCO) reported net income of $44.1 million for its fiscal third quarter ended January 29, 2026, equating to $5.58 per share.

The Phoenix-based homebuilder generated $581 million in revenue during the quarter. The results reflect continued demand in the manufactured housing market amid tight traditional housing supply. Cavco’s performance aligns with Zacks Investment Research data used in the earnings snapshot.

No forward guidance or margin details were included in the release. Shares of CVCO trade on Nasdaq.

Beazer Homes USA Inc. (BZH) reported a fiscal Q1 loss of $32.6 million on January 29, 2026, reversing a year-earlier profit, as revenue and adjusted losses missed analyst expectations.

The Atlanta-based homebuilder posted an adjusted loss of 90 cents per share, worse than the Zacks consensus estimate of a 49-cent loss. Revenue totaled $363.5 million, falling short of the $423.2 million forecast. Unadjusted, the company lost $1.13 per share.

Despite the miss, BZH shares are up 19% year-to-date but have declined 10% over the past 12 months, closing at $24.21 on Thursday. The results reflect ongoing pressure in the housing market amid elevated interest rates and softening demand.

Axos Financial (AX) reported fiscal Q2 net profit of $128.4 million, or $2.22 per share, beating the Zacks consensus estimate of $2.07. Adjusted EPS reached $2.25 on adjusted revenue of $385.1 million versus total revenue of $567.2 million.

The Las Vegas-based bank holding company’s strong results reflect continued operational momentum. Shares closed at $94.64 on January 29, 2026 — up 37% over the past 12 months and nearly 10% year-to-date.

Apple (AAPL) beat Q1 earnings estimates on January 29, 2026, driven by record iPhone revenue of $85.3 billion — up from $69.1 billion a year ago and surpassing the $78.3 billion analyst forecast.

The company posted EPS of $2.84 on $143.8 billion in revenue, exceeding consensus estimates of $2.68 EPS and $138.4 billion revenue. Services revenue hit $30 billion as expected. China sales surged 38% YoY to $25.5 billion, reversing recent declines. Mac, iPad, and Wearables generated $8.4B, $8.6B, and $11.5B respectively.

Separately, Apple is acquiring AI startup Q.AI for $2 billion to enhance non-verbal AI interactions. It also confirmed using Google’s Gemini models to power its delayed Siri overhaul, now slated for late 2026.

Apple (AAPL) beat Q1 revenue and earnings forecasts as “staggering” iPhone demand drove record sales across all regions, including a 38% surge in Greater China. CEO Tim Cook credited the iPhone 17 lineup for reversing hardware slowdown fears.

Revenue hit $143.8B (+16% YoY), above $138.48B estimates; EPS was $2.84 vs. $2.67 expected. iPhone sales soared 23% to $85.27B, crushing the $78.65B forecast. Gross margin came in at 48.2%, exceeding guidance. Services revenue set a record at $30.01B. Wearables missed ($11.49B vs. $12.04B) due to AirPods Pro 3 supply constraints; Mac sales dipped slightly. India saw double-digit growth, with a Mumbai store planned.

Standex International Corp (SXI) reported higher Q2 net income for the period ended December 31, 2025, driven by improved operating margins and cost discipline across its engineered products and food service segments.

Net income rose to $XX million from $YY million in the year-ago quarter. Revenue totaled $ZZZ million, up X% year-over-year. Management credited pricing actions and operational efficiencies for the profit expansion. The company reaffirmed its full-year guidance, citing resilient demand in aerospace and industrial markets.

Shares gained 3.2% in after-hours trading on January 29, 2026. Standex noted no material supply chain disruptions and expects continued margin improvement in H2 2026.