CDW stock jumps nearly 10% after earnings beat as AI, cloud demand holds up
CDW shares surged 9.8% to $138.53 after quarterly sales and profit topped estimates, with net sales at $5.51 billion and adjusted earnings of $2.57 per share. Gross profit rose 8.6% and small business sales jumped 18.4%. The board reaffirmed its 2026 growth target. Broader markets fell, with the Nasdaq down 1.53%.