Cisco Surprises, Homebuilders Soar, Walmart Eyes High

Cisco Beats Expectations, Walmart Results Awaited, and Homebuilders Shine

After-hours Stock Action

Cisco (CSCO): Beat on Earnings Boosts Stock

• Positive Performance: Beat expectations on top and bottom lines, with strong full-year guidance.
• Market Position: Slightly negative YTD but 15% off September 52-week high; XLK up 10% in 2024.

Walmart (WMT): Strong Performer Ahead of Results

• Quarterly Results Tomorrow: Outperforming grocers, discount retailers, and big-box store operators.
• Market Performance: Up around 18% in a year, near March all-time high.

Monday.com (MNDY): Surges on Revenue Beat

• Stellar Performance: Best day since August 2021 after exceeding revenue estimates and guidance.
• Market Standing: Up by 44% in twelve months, close to recent high.

Homebuilders Sector Shines

• iShares U.S. Home Construction ETF (ITB) Soars: Best performance since late 2023.
• Key Players' Gains: D.R. Horton turns positive for the year; Toll Brothers up over 30% in 2024; Lennar near record high.

Netflix News Boosts Trade Desk & Magnite Shares

• Programmatic Ad Partnerships Lift Stocks Late Session.
• Trade Desk & Magnite Performance: Trade Desk outperforms market YTD; Magnite up roughly 5% YTD.