| Q3 2026 earnings season for key AI infrastructure and software providers. These reports will deliver critical updates on AI agent adoption, monetization of agentic commerce initiatives, cloud revenue growth, and capital expenditure trends. | Late October - Mid November 2026 | 2026-10-20 | 2026-11-15 | These reports will provide crucial insights into the monetization and adoption of foundational AI infrastructure and agentic tools from leading hyperscalers and software providers, impacting sentiment across the entire theme. Updates on Google Cloud's accelerating revenue growth, Salesforce Agentforce ARR, and the traction of the Universal Commerce Protocol (UCP) are key. | Theme | theme_composer | GOOG, CRM, GTLB, NET, AKAM, FSLY, SHOP, TWLO, BAND, PYPL, VRSN | 11 | 14.3163 | 1.18 | 1.05 | | 1.0 | 1773.7916 | 2026-10-15 | False | 1 | 3.0256 | 374.8773 | theme_composer | Theme composer | | |
| Ongoing trends and updates on DRAM and NAND Flash contract prices and overall memory supply chain stability. These trends directly impact the capital expenditures and gross margins of AI infrastructure providers. | Ongoing, with significant impact observed in Q3 and Q4 2026 earnings reports | 2026-07-01 | 2026-12-31 | Inflationary pressures on memory chips and supply constraints significantly increase capital expenditures and pressure profitability for key infrastructure providers like Akamai, Fastly, and Google. Favorable pricing or improved supply would alleviate cost pressures and support margin expansion across the theme, directly impacting the underlying infrastructure costs for AI. | Theme | theme_composer | AKAM, FSLY, GOOG | 3 | 15.6205 | 1.18 | 0.92 | Economic | 1.25 | 2119.6993 | 2026-10-15 | False | 1 | 1.2852 | 174.4021 | theme_composer | Theme composer | | |
| VeriSign plans to begin offering .web domains through its channel partners. This marks the commercial launch of a new top-level domain (TLD) with flexible pricing. | Later this year (2026) | 2026-10-15 | 2026-12-31 | The delegation of .web into the global DNS root zone provides a new growth vector for VeriSign, offering complete wholesale pricing flexibility and the ability to sell premium names. This expansion into new TLDs can capitalize on the increasing demand for online presence driven by AI tools and agentic workflows, potentially expanding VeriSign's addressable market. | Ticker | theme_composer | VRSN | 1 | 0.0004 | 1.18 | 1.0 | | 1.0 | 0.0489 | 2026-10-15 | False | 1 | 0.0047 | 0.5525 | theme_composer | Theme composer | | |
| Closure of the deal combining GFiber with Astound Broadband, leading to GFiber's deconsolidation from Alphabet. | when the deal closes, which we expect to take place in Q4 | 2026-10-01 | 2026-12-31 | This strategic action will impact Alphabet's 'Other Bets' segment, potentially reducing losses from this segment and streamlining the company's portfolio. The financial impact, such as a reduction in operating loss, is a key aspect for investors. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GOOG (ticker) | GOOG_7d775b3d | 2026-04-29 |
| Initial satellite internet service launch for Amazon Leo (Project Kuiper). | this year | 2026-10-01 | 2026-12-31 | This marks the commercialization of a new, significant long-term business for Amazon, diversifying revenue streams and expanding its ecosystem with meaningful revenue commitments from enterprises and government customers. | Ticker | | | | | | | | | | | | | | | earnings_transcript | AMZN (ticker) | AMZN_c962c6d7 | 2026-07-30 |
| Shift in accounting for Amazon LEO costs, such as satellite manufacturing and launch services, from expensing to capitalization. | Later in 2026 | 2026-10-01 | 2026-12-31 | This accounting change will impact Amazon's reported financial results, potentially improving operating income and free cash flow metrics as significant LEO costs are no longer expensed immediately. | Ticker | | | | | | | | | | | | | | | earnings_transcript | AMZN (ticker) | AMZN_349295e9 | 2026-07-30 |
| Over 20 Amazon LEO satellite launches in 2026. | more than 20 launches planned in 2026 | 2026-01-01 | 2026-12-31 | These launches represent significant capital expenditures and ongoing operational costs, impacting operating income and cash flow, particularly in the North America segment. The success of these launches is critical for the LEO service. | Ticker | | | | | | | | | | | | | | | earnings_transcript | AMZN (ticker) | AMZN_3e5a0b8b | 2026-02-05 |
| Approximately $200 billion in capital expenditures, primarily in AWS, to meet high demand for core and AI workloads. | expect to invest about $200 billion in capital expenditures across Amazon.com, Inc., but predominantly in AWS | 2026-01-01 | 2028-12-31 | These investments are crucial for expanding AWS capacity and maintaining its leadership in cloud and AI, but will impact free cash flow and depreciation, while management expects strong return on invested capital. | Ticker | | | | | | | | | | | | | | | earnings_transcript | AMZN (ticker) | AMZN_2c1be643 | 2026-02-05 |
| Salesforce achieving organic revenue reacceleration as guided for the second half of fiscal year 2027. | second half of FY '27 | 2026-08-01 | 2027-01-31 | This is a critical management guidance metric. Achieving reacceleration would validate their strategy and execution, positively impacting revenue growth and investor sentiment. | Ticker | | | | | | | | | | | | | | | earnings_transcript | CRM (ticker) | CRM_0574a23d | 2026-05-27 |
| General availability (GA) launch of new AI-native products, starting with a conversational service desk experience and AI-coded automation, targeting the Fortune 500,000. | very shortly, soon will be GA, in the weeks to come | 2026-10-15 | 2027-01-15 | This represents a significant business model evolution and TAM expansion, with new AI-native offerings expected to drive substantial new revenue and competitive differentiation by replacing legacy solutions and bypassing startups. | Ticker | | | | | | | | | | | | | | | earnings_transcript | NOW (ticker) | NOW_cac839ce | 2026-07-22 |
| Achievement of ServiceNow's updated 2026 AI Annual Contract Value (ACV) target of $1.5 billion, tracking ahead of the initial target. | by the end of 2026 | 2026-10-01 | 2026-12-31 | Exceeding this raised target would signal strong adoption and successful monetization of ServiceNow's AI offerings, reinforcing the bullish investment case for its AI-native platform. | Ticker | | | | | | | | | | | | | | | earnings_transcript | NOW (ticker) | NOW_330b8d99 | 2026-07-22 |
| Achievement of over $1.5 billion in ServiceNow AI Annual Contract Value (ACV). | by the end of 2026 | 2026-10-01 | 2026-12-31 | Exceeding this target would demonstrate strong monetization and rapid adoption of ServiceNow's AI offerings, reinforcing the bullish case for AI-driven growth and platform stickiness. | Ticker | | | | | | | | | | | | | | | earnings_transcript | NOW (ticker) | NOW_b3861347 | 2026-07-22 |
| Completion of headcount rationalization post-acquisitions (Moveworks, Veza, Armis) to pre-acquisition levels. | complete this cycle of 2026 and start 2027 | 2026-10-01 | 2027-01-01 | Achieving this would demonstrate strong operational discipline and integration efficiency, supporting margin expansion and the company's 'Rule of 60' target, reinforcing the bullish financial outlook. | Ticker | | | | | | | | | | | | | | | earnings_transcript | NOW (ticker) | NOW_e6ce8e31 | 2026-07-22 |
| Atlassian's Team '26 Europe conference in Amsterdam. | coming up in October | 2026-10-01 | 2026-10-31 | Management indicated that further improvements to the Teamwork Graph will be showcased, potentially leading to announcements of new AI/Teamwork Graph features, product updates, or partnerships that could drive increased adoption and ARPU for Atlassian. | Ticker | | | | | | | | | | | | | | | earnings_transcript | TEAM (ticker) | TEAM_b3f46ff5 | 2026-08-06 |
| Colorado Automated Decision-Making Technology in Consequential Decisions Act (Colorado AI Act) rulemaking hearing and effective date. | Rulemaking hearing October 26, 2026; Effective January 1, 2027 | 2026-10-26 | 2027-01-01 | This act imposes obligations on developers and deployers of automated decision-making technology, requiring Atlassian and other theme constituents to assess their AI tools and prepare for compliance, influencing responsible AI governance and potentially development costs. | Theme | | | | | | | | | | | | | | | earnings_transcript | TEAM (ticker) | TEAM_4491cb9d | 2026-08-06 |
| GitLab achieving stronger ramped sales capacity through increased headcount and overhauled territory design. | beginning in Q3 | 2026-09-01 | 2026-11-30 | This initiative is expected to have the "biggest immediate impact on FY '27" growth by improving coverage of existing customers and accelerating new logo acquisition, which is critical for reaccelerating revenue growth. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_585b2c94 | 2026-03-03 |
| Deconsolidation of JiHu, GitLab's joint venture in China. | cannot predict the likelihood or timing of when that may occur. | 2026-06-04 | 2028-03-03 | Deconsolidation would remove JiHu's expenses (forecasted at $15 million for FY '27) from GitLab's financials, potentially improving operating margins and simplifying the company's structure. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_e06c9d4b | 2026-03-03 |
| The benefits from FY '26 quota-carrying headcount investments and continued capacity growth are expected to materialize, leading to increased gross bookings. | most of the benefit to land in the second half of the year | 2026-07-01 | 2026-12-31 | Increased sales capacity is crucial for driving first-order growth and expanding market share, directly impacting future bookings and revenue acceleration. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_213cf84e | 2026-06-02 |
| GitLab expects to reinvest the vast majority of savings from its Act 2 restructuring into team members, architectural bets (R&D resources), and internal AI tooling. | over the following 3 quarters | 2026-08-01 | 2027-04-30 | These investments are critical for accelerating the Act 2 strategy, delivering on architectural bets, and driving long-term durable growth and operating leverage, but also carry execution risk. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_801f0e39 | 2026-06-02 |
| Zillow Group is expected to fully deploy GitLab Duo Agent platform across hundreds of developers, with the active user base projected to grow nearly 20x upon full deployment. | later this year | 2026-07-01 | 2026-12-31 | This large-scale deployment by a top 10 U.S. bank serves as a significant proof point for DAP's effectiveness and scalability, potentially influencing other enterprise customers and driving future adoption and revenue. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_0b669629 | 2026-06-02 |
| GitLab expects its non-GAAP operating income to reach its lowest point in Q3 FY27 due to the timing of investments following the Act 2 restructuring. | expect profitability to trough in Q3 due to timing of investments post restructuring | 2026-08-01 | 2026-10-31 | This indicates a temporary dip in profitability as the company reallocates resources, which could impact short-term investor sentiment but is framed as necessary for long-term growth. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_131c48d9 | 2026-06-02 |
| GitLab's goal to deconsolidate JiHu, its joint venture in China. | though we cannot predict the likelihood or timing of when that may occur. | 2026-06-04 | 2027-12-31 | Deconsolidation could simplify GitLab's operational structure and financial reporting, potentially impacting its international strategy and investor perception of its global footprint. The uncertainty around timing makes it a potential overhang. | Ticker | | | | | | | | | | | | | | | earnings_transcript | GTLB (ticker) | GTLB_d337a21d | 2026-06-02 |
| Release of new product innovations, including machine-friendly APIs, auto-scaling, and auto-sharding capabilities, specifically designed to enhance MongoDB's appeal and functionality for AI agents. | throughout this coming year | 2026-03-02 | 2027-01-31 | These innovations are critical for MongoDB to solidify its position as the preferred data platform for AI and agentic applications, potentially driving increased adoption and consumption from AI-native companies and enterprises building AI workloads. | Ticker | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_185764de | 2026-03-02 |
| Acceleration of MongoDB's partner growth engine, focusing on deepening relationships with hyperscalers, strategic system integrators for modernization efforts, and key players in the AI native ecosystem. | During the upcoming year | 2026-03-02 | 2027-01-31 | A more robust partner ecosystem can significantly expand MongoDB's reach, accelerate customer acquisition, and drive adoption of its platform for both core and AI workloads, impacting revenue growth and market share. | Ticker | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_a20b2525 | 2026-03-02 |
| Achievement of feature parity between MongoDB Enterprise Advanced (EA) and Atlas. | throughout fiscal '27 | 2026-03-02 | 2027-01-31 | Bringing EA to feature parity with Atlas can enhance its competitiveness, especially in regulated industries and for customers preferring on-premise deployments, potentially driving stronger growth and larger multi-year deals for the EA business. | Ticker | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_258e5473 | 2026-03-02 |
| Material revenue contribution from widespread production deployment of customer-facing agentic AI applications by large enterprises. | still early, Matt, just to be clear, because the security governance, observability, there are many, many aspects to the agents and what kind of outcomes they deliver if it is agents at scale. But we feel that we are ready and just yesterday, Matt, I was with a Fortune 25 firm. And when we outlined what we already have, where MongoDB can not only act as an operational data layer, but can also act as a long-term memory and some of the things that we are building right now they got really, really excited as they think about rolling out production agents at scale. So early but I'm seeing very encouraging signs, and we are ready. | 2026-08-01 | 2027-01-31 | This would significantly accelerate Atlas revenue growth beyond current core workload drivers, validating MongoDB's strategic positioning as the data platform for the AI era and positively impacting valuation and investor sentiment. | Theme | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_4850795d | 2026-05-28 |
| MongoDB achieving FedRAMP High certification for its U.S. federal offerings. | this year | 2026-06-01 | 2027-01-31 | This certification will allow MongoDB to properly sell and serve U.S. federal customers, unlocking a significant new market (large TAM) and driving increased revenue from this vertical. | Ticker | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_28ffb3cc | 2026-05-28 |
| EA and other revenue performance in the second half of fiscal '27, with the potential to exceed or fall short of the 'approximately flat' projection due to the unpredictable timing of large multiyear deals. | second half of the year | 2026-08-01 | 2027-01-31 | Exceeding the 'approximately flat' projection would signal stronger-than-expected demand for on-premise/hybrid deployments and large multiyear deals, positively impacting total revenue and investor sentiment. Falling short would be bearish. | Ticker | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_6a191a5a | 2026-05-28 |
| Successful refinement and execution of MongoDB's go-to-market strategy to effectively intercept and scale with AI-native companies, moving them from self-serve to managed accounts. | work in progress | 2026-05-01 | 2027-01-31 | A successful strategy would accelerate customer acquisition and revenue growth from the rapidly expanding AI-native segment, validating MongoDB's product fit and go-to-market efficiency for this critical customer cohort. | Ticker | | | | | | | | | | | | | | | earnings_transcript | MDB (ticker) | MDB_ac3a311f | 2026-05-28 |
| Completion of the $2 billion share repurchase program. | we expect to complete the large majority of our $2,000,000,000 repurchase program this year. We plan to do this as quickly and aggressively as we can. | 2026-03-07 | 2026-12-31 | This strategic action signals management's strong conviction in the company's valuation and future prospects, potentially enhancing shareholder value and boosting investor confidence. | Ticker | | | | | | | | | | | | | | | earnings_transcript | WIX (ticker) | WIX_def59a6f | 2026-03-04 |
| Sequential improvement in Base 44's non-GAAP gross margin due to optimization of AI model usage and costs. | We anticipate non-GAAP gross margin for Base 44 to improve sequentially throughout 2026 as we proactively optimize AI model usage and costs primarily through enhancing prompt caching, batching requests, focused model routing, and more favorable pricing from LLM providers. We expect Base 44 gross margin to increase as the year progresses. | 2026-03-07 | 2026-12-31 | Improved margins for Base 44 are crucial for its profitability and overall company financial performance, addressing investor concerns about the impact of AI compute costs on profitability. | Ticker | | | | | | | | | | | | | | | earnings_transcript | WIX (ticker) | WIX_560ff87c | 2026-03-04 |
| VeriSign's .com domain name price increase takes effect. This is a regulated price adjustment for the critical .com domain registry service. | November 2026 | 2026-11-01 | 2026-11-30 | As a foundational internet utility, VeriSign's pricing power for .com domains directly impacts its revenue and profitability. This increase, even if regulated, signals continued demand for core internet infrastructure, which is a tailwind for the broader theme as AI agents drive more online activity and domain registrations. | Ticker | theme_composer | VRSN | 1 | 0.0004 | 1.18 | 1.05 | | 1.0 | 0.0513 | 2026-10-15 | False | 1 | 0.0047 | 0.5801 | theme_composer | Theme composer | | |
| Conversion of GitLab Duo Agent Platform (DAP) pilots to production and subsequent revenue generation. This follows the recent launch and typical adoption cycle for self-managed customers. | Q4 2026 and into FY27 (starting Feb 2027) | 2026-11-01 | 2027-04-30 | GitLab's DAP is designed to orchestrate AI agents across the DevSecOps lifecycle, unlocking incremental AI budgets. The transition from pilots to production deployments and the associated revenue will be a key indicator of successful monetization and enterprise adoption of AI coding tools, directly impacting GitLab's growth and validating the theme's bullish drivers. | Theme | theme_composer | GTLB | 1 | 0.0002 | 1.18 | 0.92 | Regulatory/Policy, Conference/Council | 1.62 | 0.0362 | 2026-10-15 | False | 1 | 0.0018 | 0.3206 | theme_composer | Theme composer | | |
| Microsoft Ignite 2026, Microsoft's flagship technical conference. | November 17-20, 2026 | 2026-11-17 | 2026-11-20 | Announcements at Ignite regarding Azure AI, Copilot, and agentic systems will significantly influence the broader enterprise AI landscape, impacting infrastructure costs, development tools, and competitive offerings for Atlassian and other theme constituents. | Theme | | | | | | | | | | | | | | | earnings_transcript | TEAM (ticker) | TEAM_a62c8087 | 2026-08-06 |
| Effective date for full compliance with transparency obligations under the EU AI Act for artificially generated content. | December 2, 2026 | 2026-12-02 | 2026-12-02 | This regulatory action will drive demand for tools that ensure machine-readable marking and compliance for AI-generated content, impacting Cloudflare's generative AI offerings and those serving EU customers, potentially increasing adoption of its security and developer platforms. | Theme | | | | | | | | | | | | | | | earnings_transcript | NET (ticker) | NET_b838626c | 2026-08-06 |
| Over 30 Amazon LEO satellite launches in 2027. | more than 30 in 2027 | 2027-01-01 | 2027-12-31 | These launches represent significant capital expenditures and ongoing operational costs, impacting operating income and cash flow, particularly in the North America segment. The success of these launches is critical for the LEO service. | Ticker | | | | | | | | | | | | | | | earnings_transcript | AMZN (ticker) | AMZN_11192811 | 2026-02-05 |
| Launch and strong interest in Trainium four chips. | coming in 2027 | 2027-01-01 | 2027-12-31 | This indicates continued innovation and demand for AWS's custom AI chips, reinforcing its competitive position in the AI infrastructure market and potentially driving future AWS revenue growth. | Ticker | | | | | | | | | | | | | | | earnings_transcript | AMZN (ticker) | AMZN_7651dd2b | 2026-02-05 |
| Twilio providing its complete full year 2027 financial guidance during its Q4 2026 earnings call. | Q4 '26 earnings call next year | 2027-01-01 | 2027-02-28 | This guidance will set market expectations for Twilio's future growth and profitability, influencing long-term valuation and investor sentiment. | Ticker | | | | | | | | | | | | | | | earnings_transcript | TWLO (ticker) | TWLO_b293e1d5 | 2026-02-12 |
| Slack achieving $10 billion in annual revenue. | in short order | 2027-05-27 | 2028-05-27 | This represents a major growth milestone for Slack, confirming its successful integration and expansion within Salesforce's portfolio, and would positively impact overall revenue and valuation. | Ticker | | | | | | | | | | | | | | | earnings_transcript | CRM (ticker) | CRM_f0e419cf | 2026-05-27 |
| Slack reaching a point where the number of AI agents using the platform surpasses the number of human users. | In 2 years | 2028-05-27 | 2028-05-31 | This milestone would demonstrate a significant shift towards agentic enterprise operations, validating Slack's strategic importance and potentially leading to substantial growth in usage and monetization. | Ticker | | | | | | | | | | | | | | | earnings_transcript | CRM (ticker) | CRM_1b0887fa | 2026-05-27 |
