For Immediate Release
Chicago, IL – November 3, 2026 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Yelp YELP, Shopify SHOP, CoreWeave Inc. CRWV and DigitalOcean DOCN.
Here are highlights from Monday’s Analyst Blog:
4 Internet Stocks Poised to Top Estimates This Earnings Season
Third-quarter 2026 is expected to have extended the artificial intelligence investment cycle that has become the defining catalyst for Internet stocks, with cloud demand, AI-enhanced advertising and agentic commerce likely shaping results more than any single headline metric. Across July, August and September, the industry’s central test was whether record infrastructure spending was converting into visible, durable revenue growth.
Drawing on our proprietary research and market insight, we’ve identified four Internet stocks — Yelp, Shopify, CoreWeave Inc. and DigitalOcean — that appear well-positioned to beat earnings estimates this season.
AI Capex and Cloud Momentum
Capital expenditure is expected to have remained the industry’s defining theme. The four largest Internet spenders collectively spent roughly $203 billion on capex in the third quarter, with servers, custom AI chips, data centers and power capacity absorbing the bulk of investment as compute demand continued outpacing supply. That spending appears to be paying off at the top line.
Google Cloud revenues surged 103% to $30.7 billion, Microsoft’s Azure grew 48% as commercial remaining performance obligation jumped 73% to $677 billion, and AWS revenues rose 39% to $46 billion, signaling multiyear enterprise commitments to AI workloads. Several companies tightened or lifted full-year capex outlooks, underscoring that the investment cycle has yet to peak. Rising token volumes and AI agent deployments are expected to have lifted utilization industry-wide, benefiting software, data and cybersecurity platforms built atop cloud infrastructure.
Digital Advertising and Agentic Commerce
Advertising is expected to have remained the industry’s most dependable revenue engine. AI-driven ad ranking, recommendation systems and automated campaign tools are likely to have improved targeting and conversion, supporting higher ad pricing and impression growth across social media, search and retail media platforms. Google Search & other revenues rose 12% on five-year-high query growth, while Amazon expects fourth-quarter advertising growth in the high teens and net sales of $240-$247 billion.
