Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

Investors are combing the first batch of Big Tech earnings as they wait for Apple to report.

Apple reported its Q1 2025 earnings after the bell Thursday, beating on expectations, but falling short on iPhone sales.

Clothing and footwear retailer Boot Barn (NYSE:BOOT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 16.9% year on year to $608.2 million. The company expects next quarter’s revenue to be around $455.5 million, close to analysts’ estimates. Its GAAP profit of $2.43 per share was 0.8% above analysts’ consensus estimates.

Footwear and apparel conglomerate Deckers (NYSE:DECK) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 17.1% year on year to $1.83 billion. On the other hand, the company’s full-year revenue guidance of $4.9 billion at the midpoint came in 0.7% below analysts’ estimates. Its GAAP profit of $3 per share was 14.9% above analysts’ consensus estimates.

American Airlines CEO Robert Isom on Thursday morning expressed his condolences to the family and loved ones of those aboard a flight that collided with a military helicopter Wednesday night.

An American Airlines flight collided with a helicopter in midair as it approached DCA on Wednesday, the FAA said.

Computer processor maker Intel (NASDAQ:INTC) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 7.4% year on year to $14.26 billion. On the other hand, next quarter’s revenue guidance of $12.2 billion was less impressive, coming in 5.4% below analysts’ estimates. Its non-GAAP profit of $0.13 per share was 8.7% above analysts’ consensus estimates.

Retail investors bought a net $562 million of Nvidia stock on Monday, the largest single-day inflow in at least 10 years, VandaTrack said.

IT project management software company, Atlassian (NASDAQ:TEAM) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 21.4% year on year to $1.29 billion. Guidance for next quarter’s revenue was optimistic at $1.35 billion at the midpoint, 2.4% above analysts’ estimates. Its non-GAAP profit of $0.96 per share was 27.1% above analysts’ consensus estimates.