Earnings Volatility Watch: Oracle And Adobe Report, But the Wild Swings Belong to Smaller Names
Oracle and Adobe headline the week, both down about 20% in 2026, yet the biggest implied earnings moves belong to InnovAge, SailPoint and eight others.
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Long-end Treasury yields snapped back toward 20-month highs; Walmart posted its worst session in four years.
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Oracle and Adobe headline the week, both down about 20% in 2026, yet the biggest implied earnings moves belong to InnovAge, SailPoint and eight others.
Kratos Defense (KTOS) has underperformed the aerospace-defense industry by 37% year-to-date despite securing major defense contracts worth $55+ million and projecting strong EPS growth of 50.91% and 37.06% for 2026-2027. However, supply-chain disruptions, a low 4.54% ROE, and recent stock weakness suggest new investors should wait for better entry points, though current holders may continue holding given strong earnings momentum.
Cramer favors Howmet, remains cautious on AeroVironment, Rocket, AtaiBeckley and MP Materials, citing competition and limited upside.
AeroVironment won a $464.8 million Army contract to deliver dozens of LOCUST X3 laser weapon systems for layered counter-UAS defense.