Gotrade News - Four US big-cap names reported first-quarter 2026 results in the same week the Federal Reserve delivers its rate decision. The prints from Visa, T-Mobile, Robinhood, and FICO arrived just before the Mag 7 earnings wave that begins Wednesday after the bell.
Key Takeaways
- Visa unveiled a fresh $33 billion buyback program and guided full-year net revenue growth in the low-double-digit to low-teens range.
- T-Mobile lifted its postpaid net account guidance and signaled 2026 adjusted free cash flow of $18.1 billion to $18.7 billion.
- Robinhood guided 2026 adjusted opex of $2.7 billion to $2.825 billion and is targeting a second-quarter Rothera launch.
Big-Cap Earnings Sweep
Visa announced a new $33 billion share repurchase authorization alongside its quarterly print, according to Seeking Alpha. Management also guided full-year net revenue growth at a low-double-digit to low-teens pace, a confident signal on consumer payments demand.
T-Mobile signaled 2026 adjusted free cash flow of $18.1 billion to $18.7 billion, per Seeking Alpha. The carrier also raised its postpaid net account additions guidance, reinforcing premium subscriber momentum into the back half of the year.
Robinhood outlined 2026 adjusted operating expenses of $2.7 billion to $2.825 billion, according to Seeking Alpha. The retail broker is targeting a second-quarter launch of its Rothera platform, extending its push into derivatives and banking adjacencies.
FICO signaled fiscal year 2026 revenue of $2.45 billion and shifted FICO Score 10T pricing to $0.99 plus an incremental 65 cents, per Seeking Alpha. The repricing marks a clear monetization step for the newer credit score in the mortgage channel.
Fed Week and Mag 7 Setup
The Federal Reserve began its two-day policy meeting Tuesday and markets broadly expect rates to be held, according to Investing.com. Investor focus shifts to Chair Jerome Powell's commentary on inflation and the growth outlook for the rest of the year.
Four Mag 7 names, Microsoft, Meta Platforms, Amazon, and Alphabet, report Wednesday after the close, per Investing.com. Apple is scheduled to print later in the week, completing the heaviest stretch of mega-cap tech results.
Wall Street futures edged higher into the regular session, with S&P 500 futures up 0.2 percent at 7,185.75, according to Investing.com. Nasdaq 100 futures gained 0.4 percent to 27,278 and Dow Jones futures added 0.2 percent to 49,407.
The prior cash session closed soft, with the S&P 500 down 0.5 percent and the Nasdaq Composite off 0.9 percent, per Investing.com. A Wall Street Journal report that OpenAI is missing revenue targets triggered fresh concerns about AI capex sustainability.
Pressure spread to semiconductor names including Nvidia on those AI capex concerns, according to Investing.com. Elevated oil prices linked to Strait of Hormuz disruptions added a second layer of risk to equity sentiment.
Analysts will scrutinize whether mega-cap tech can justify aggressive AI-related capital spending, per Investing.com. The signals from the Mag 7 prints and the Fed will drive direction for US equities through the end of the week.
