Stock Movers GitLab Falls; Abercrombie & Fitch Shares Slide; Ross Shares Climb
Mar 4, 2026
Coverage of a cautious long-term outlook that sent a software name lower. Discussion of AI squeezing per-user software growth. Retailers face mixed signals as one reports record sales but trims guidance while tariff and geopolitical pressures bite. Another off-price chain posts strong comparable sales and upbeat spring momentum. Preview of upcoming retail earnings to watch.
AI Snips
Chapters
Transcript
Episode notes
GitLab Signals Per-User Software Risk From AI
- GitLab's stock slide reflects investor worry that per-user software models face a narrowing growth runway.
- Analysts cite intensified competition and AI disruption as reasons the 2027 adjusted EPS outlook disappointed despite a $400 million buyback and a beat on current results.
Abercrombie Beats Now But Guides For Tariff Headwinds
- Abercrombie posted record fourth-quarter sales but guided lower growth and flagged greater tariff impact ahead.
- The company beat current results yet warned tariffs and a slowdown will weigh on fiscal-year sales and profits, sending shares down about 4% premarket.
Geopolitics Adds A New Retail Headwind
- Retailers are starting to call out Middle East conflict effects and tariffs as incremental headwinds to sales.
- Bloomberg headline noted Abercrombie expects a small sales headwind from the Middle East, compounding tariff concerns and consumer confidence risks.