--- title: "U.S. stock market update: CDW down 10.64%, concerns over earnings pressure from financial report and CFO retirement" type: "News" locale: "en" url: "https://longbridge.com/en/news/294994393.md" description: "CDW fell 10.64%; Avnet fell 0.58%, with a transaction volume of USD 69.27 million; Synaptics fell 0.88%, with a transaction volume of USD 55.36 million; Arrow Electronics fell 1.49%, with a transaction volume of USD 45.09 million; Ingram Micro fell 1.47%, with a market value of USD 6.643 billion" datetime: "2026-08-05T16:48:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294994393.md) - [en](https://longbridge.com/en/news/294994393.md) - [zh-HK](https://longbridge.com/zh-HK/news/294994393.md) generator: "portal-rs" --- # U.S. stock market update: CDW down 10.64%, concerns over earnings pressure from financial report and CFO retirement **U.S. Stock Market Midday Update** CDW fell 10.64%, with increased trading volume. Based on recent key news: 1. On August 5, CDW announced its second-quarter financial report, showing a 10% year-on-year increase in net sales to $6.57 billion. However, due to a low-margin hardware mix and high expenses, GAAP operating income only grew by 2%, leading to pressure on profitability. This news raised market concerns, resulting in a decline in stock price. 2. On August 5, CDW announced that CFO Albert J. Miralles plans to retire in 2027. The market's reaction to the management change has been mixed, increasing uncertainty around the stock price. 3. On August 5, despite CDW announcing a quarterly cash dividend of $0.63 per share, analysts remain cautious about the sustainability of its future growth, questioning whether its growth can surpass the U.S. IT market. The IT industry shows strong demand, but macroeconomic uncertainties are increasing. **Top Stocks by Industry Trading Volume** Avnet fell 0.58%. Based on recent news: 1. On August 5, Avnet released its fourth-quarter financial report for fiscal year 2026, showing record revenue with strong growth across all regions and sectors. The report also forecasts a continued 10% revenue growth for the first quarter of fiscal year 2027, indicating significant operational leverage, which drives stock price volatility. 2. On August 5, Avnet emphasized the importance of converting accounts receivable and inventory into cash, noting significant restructuring and related costs that led to a substantial difference between reported earnings and adjusted earnings. These factors may affect investor confidence in the company's financial health. 3. On August 5, WW Grainger raised its earnings expectations, and CDW's second-quarter sales exceeded expectations, indicating strong demand for cloud computing and artificial intelligence. These industry dynamics may have an indirect impact on Avnet's stock price. The industry shows strong demand, and the macroeconomic environment is stable. New Relic fell 0.88%, with active trading. There has been no significant news recently; trading is active with clear capital flows. Considering sector and industry trends, the stock shows notable volatility, and specific reasons need further observation. no\_news Arrow Electronics fell 1.49%. Based on recent key news: 1. On August 6, Arrow Electronics plans to announce its second-quarter financial report before the market opens. The market expects earnings per share of $4.45, a year-on-year increase of 83.1%, with revenue expectations of $9.55 billion, a year-on-year increase of 26.0%. Over the past two years, Arrow Electronics has consistently exceeded earnings per share and revenue expectations, and the market expectations before this financial report may lead to stock price volatility. Source: MarketWatch The technology industry is experiencing strong growth, and market expectations are high. **Top Stocks by Industry Market Capitalization** Ingram Micro fell 1.47%. Based on recent key news: 1. On August 3rd, Ingram Micro released its 2025 Sustainability Impact Report, showcasing achievements in reducing carbon emissions, advancing zero waste, and enhancing employee health and safety. The report highlighted the company's significant progress in these areas, although these positive environmental and social responsibility initiatives failed to immediately boost the stock price, instead raising market concerns about its short-term financial performance, leading to a decline in stock price. 2. On August 3rd, Ingram Micro updated the extensive range of technology services on its official website, including financing, professional marketing, and lifecycle management services. While this information demonstrated the diversity of the company's business, it failed to effectively alleviate market concerns about its profitability, putting pressure on the stock price. 3. On August 3rd, Ingram Micro released company news via Business Wire, and although the content was positive, it did not change the market's cautious attitude towards its short-term profit outlook, resulting in a decline in stock price. The technology industry is facing macroeconomic pressures, with significant capital outflows ### Related Stocks - [CDW.US](https://longbridge.com/en/quote/CDW.US.md) - [AVT.US](https://longbridge.com/en/quote/AVT.US.md) - [SNX.US](https://longbridge.com/en/quote/SNX.US.md) - [ARW.US](https://longbridge.com/en/quote/ARW.US.md) - [INGM.US](https://longbridge.com/en/quote/INGM.US.md) ## Related News & Research - [CDW Chief Commercial Officer Elizabeth H. 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