ATLAS V5 Morning Report 2026-05-08 — May 8 Fri AM NFP DAY GOLDILOCKS BEAT / VDAY MOSCOW SHRUNK / NFP +115K

Key Headlines

• May 8 Fri AM NFP DAY GOLDILOCKS BEAT
• VDAY MOSCOW SHRUNK
• NFP +115K vs +62K Cons
• Unemp 4.3%
• AHE +0.2% MoM Missed 0.3%
• March Rev UP 185K
• Feb Rev DOWN -156K
• ES +0.62% NQ +0.82% Post-NFP
• S&P Futures Back Toward 7,390 ATH
• Thu Close S&P 7,337.11 -0.38% Off Wed Records
• Dow 49,596.97 -0.63%
• Nasdaq 25,806.20 -0.13%
• Russell -1.60%
• Tech Outperformed Thu
• Energy+Industrials+Financials Lagged
• DDOG EXPLOSION +28-30% AH on $1.006B +32% Q2 Guide +8.3% Above Cons
• COIN MISSED $1.41B -31% YoY vs $1.48-1.55B
• Net Loss -$394M
• -3.2% AH to $186.81
• Base TVL $13.07B
• CRWV -9.3% AH on EPS Miss -$1.11 vs -$0.89
• Despite $2.078B Rev Beat +112%
• $99.4B Backlog
• Q2 Guide $2.525B Missed $2.69B
• Fri Pre-Mkt -8.4% to ~$118
• AFRM DOUBLE BEAT $1.039B +33%
• EPS $0.30 vs $0.17
• GMV $11.6B +35%
• +1% AH
• ARM Beat But Supply Warning -8.8% AH