$HD Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $41.77B (Est $41.51B) 🟢; +4.8% YoY 🔹 Adj. EPS: $3.43 (Est $3.41) 🟢 🔹 Comp Sales: +0.6% (Est +0.9%) 🔴 🔹 U.S. Comp Sales: +0.4% 🔹 Net Earnings: $3.3B FY26 Guide: 🔹 Comp Sales Growth: Flat to +2.0% (Est +1.55%) 🟡 🔹 Sales Growth: +2.5% to +4.5%, reaffirmed 🔹 Adj. EPS Growth: Flat to +4.0%, reaffirmed 🔹 New Stores: ~15 🔹 Adj. Operating Margin: 12.8%-13.0% Commentary: 🔸 “Our first quarter results were in line with our expectations.” 🔸 “The underlying demand in our business was relatively similar to what we saw throughout fiscal 2025, despite greater consumer uncertainty and housing affordability pressure.”

The CoinDesk 20 is currently trading at 2169.26, up 0.4% (+8.61) since 4 p.m. ET on Wednesday. Thirteen of 20 assets are trading higher. Leaders: $TAO (+1.7%) and $XRP (+1.6%). Laggards: $ICP (-5.2%) and $NEAR (-1.7%).

The CoinDesk 20 is currently trading at 2142.44, up 0.1% (+2.73) since 4 p.m. ET on Thursday. Seventeen of 20 assets are trading higher. Leaders: $NEAR (+6.3%) and $ICP (+5.8%). Laggards: $BNB (-0.4%) and $CRO (-0.1%).

The CoinDesk 20 is currently trading at 2184.2, down 2% (-44.22) since 4 p.m. ET on Thursday. One of 20 assets is trading higher. Leaders: $BNB (+0.4%) and $BTC (-1.3%). Laggards: $SUI (-6.8%) and $ICP (-5.9%).

Leopold Aschenbrenner's 13F finally dropped and X is already full of the DUMBEST interpretations possible! Please read this. 1. The 13F shows what the fund held as of quarter-end: March 31. 2. A huge part of the positions are PUTS. Does this mean he's bearish today? -> WE DON'T KNOW! Everyone is just guessing. It is completely possible that he bought those puts during the quarter as the Iran war escalated, to hedge, and they increased a ton in value. They might have started as small positions that simply grew a lot. He might have sold them at the exact bottom, perfectly timed the market, and gone 100% long for the massive rally that started on April 1. OR he was insanely bearish, bought a lot of puts, kept them, and completely screwed up by being massively positioned in puts before the craziest rally ever. He could have made the most genius move or the dumbest move possible and now look like an idiot. WE DON'T KNOW. This is the issue with such delayed reports. But of course today, you will see everyone on X go crazy with: "Leopold went short aaaaaaaaaaah, the sky is falling, he's calling for a crash." But that was months ago, in the middle of the Iran volatility! We have no idea if he added to his puts or if he's currently 100% long or maybe even bought calls?! We don't know if his move was good or bad. So while you're reading all these takes on X today, know that you're going to read a ton of complete nonsense from people who have no idea what they're talking about. But here are some things that stand out to me! While he decreased his $BE exposure, Bloom Energy was still his biggest position (6.4%) Closely followed by $SNDK (5.3%) He also cut $CRWV from 8% -> 4% I honestly can't believe he missed $NBIS so badly. He also reduced his $IREN position from 6% to 3% (even though he net added shares). Big $CORZ cut aswell from 7.6% -> 3% HUGE cut in his $CRWV calls from 14% -> 1% A lot of $TE investors are getting excited he built a position, which is definitely bullish, but it's worth mentioning that was most likely before the big drop after the disappointing earnings and it's a tiny 0.3% position for him. One of the funniest positions is a 0.15% $GLW Put lol. 100% / Completely went out of: $INTC Calls (13.5% -> 0%) $CIFR (2.8% -> 0%) $EQT (2.4% -> 0%) Photonics: $LITE (8.6% -> 0%) That one is super interesting to me. Also cut $TSEM and $COHR from 1.5% -> 0%

BREAKING: US pending home sales surged +9.6% YoY in the 4 weeks ending May 10th, to 346,104, the highest since September 2022. Strength was broad-based, with gains recorded across every major US metro except Houston, Detroit, and Seattle. This comes as mortgage rates declined for 3 consecutive weeks in April, boosting homebuyer confidence. Furthermore, mortgage purchase applications increased +4.0% in the week ending May 13th. Strengthening demand is feeding through to prices, with the median home sale price rising +2.2% YoY in the 4 weeks ending May 10th, to $397,740, the highest since July 2025. This also marks the 2nd-largest increase over the last 7 months. The US housing market just keeps pushing higher.