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Intel Q2 Revenue Beats Estimates by $1.7B, Stock Jumps 11% After Hours
Intel reported Q2 revenue of $16.1 billion, well above the $14.4 billion expected, marking its fastest sales growth in nearly 15 years. Shares surged 11% in after-hours trading.
SAP Q2 Revenue and Cloud Backlog Beat Estimates, Guidance Unchanged
SAP reported Q2 non-IFRS revenue of €9.88 billion and cloud revenue of €6.28 billion, both slightly above estimates. Cloud backlog grew 26% at constant FX, beating the 23.8% expected, while full-year guidance was maintained.
Intel Q2 Earnings Beat Estimates: EPS $0.42 vs $0.21
Intel reported Q2 adjusted EPS of $0.42, beating the $0.21 estimate, and revenue of $16.13 billion, above the expected $14.43 billion, amid strong client computing and data center AI growth.
Intel Earnings Due After Bell; AI Chip Demand in Focus
Intel is set to report Q2 earnings after the market close, with revenue expected to rise 12.2% YoY driven by Data Center & AI and Foundry segments. The results will provide key insight into AI chip demand as hyperscaler spending expands.
AMD: OpenAI on Track, Anthropic to Use AMD CPUs and GPUs
AMD announced that OpenAI's deployment is on schedule and that Anthropic will utilize AMD CPUs and GPUs across various cloud environments, indicating strong adoption of AMD's AI infrastructure.
AMD CEO Says Venice in Full Production with Strong Demand, New EPYC 20% Faster Than NVIDIA CPU
AMD's CEO announced that 'Venice' products are in full production with strong customer demand, with Venice-based systems expected in Q4. The new EPYC processor offers 20% higher performance than NVIDIA's CPU and a wide lead over ARM-based chips.
Carrefour Reports Q2 Sales Growth, H1 Profit Misses Estimates
Carrefour reported Q2 like-for-like sales rose 1.9% to EUR22.71B, with France up 1%. H1 recurring operating income of EUR757M missed the EUR779M estimate. The CFO confirmed FY 2026 targets and said no asset sale talks are ongoing in Poland or Argentina.
Hut 8 Corp Bullish Reversal Targets $154
Hut 8 Corp (NASDAQ: HUT) has established a bullish reversal pattern, with technical analysis pointing to a potential upside target of $154.
Alphabet Posts First Negative Free Cash Flow as AI Spending Surges
Alphabet reported Q2 revenue up 24% to $119.8B but recorded its first negative free cash flow of -$5.9B due to massive AI infrastructure investments of $45B. The company raised its annual AI spending forecast to $195-205B, up from $10B.
Tesla and Alphabet Drop After Earnings; Different Reasons
Tesla and Alphabet both opened sharply lower after earnings, but Tesla's weakness stems from poor profit conversion, while Alphabet's strong results may eventually attract buyers.
T-Mobile Q2 2026 Earnings Beat Estimates Across Key Metrics
T-Mobile reported Q2 2026 earnings with EPS of $2.99, beating the $2.59 estimate, while adjusted EBITDA of $9.54B also topped expectations. Revenue came in slightly below forecasts at $22.79B.
Honeywell Q2 2026 Earnings: Sales Beat, EPS Miss, Cuts Free Cash Flow Guidance
Honeywell reported Q2 sales of $9.70B (beat estimates) but adj EPS of $4.52 (miss). The company lowered its FY free cash flow guidance to $2B from prior $5.3B-$5.6B.
Comcast Q2 2026 Earnings Beat Estimates; Peacock Turns Profitable
Comcast reported Q2 2026 adjusted EPS of $1.04 above the 97c estimate, revenue of $29.94B versus $29.3B expected, and Peacock turned profitable for the first time with adjusted EBITDA of $189M, far exceeding the $38M estimate.
RTX Corp Q2 2026 Earnings Beat Estimates, Raises Full-Year Outlook
RTX Corp reported Q2 adjusted EPS of $1.89 vs est $1.66, sales of $24.71B vs est $22.9B, and raised its fiscal 2026 guidance for sales, EPS, and free cash flow.
Dow Jones Futures Decline on Middle East Tensions, AI Concern
Dow Jones futures fell 0.56% during European trading, with S&P 500 and Nasdaq 100 futures also declining amid geopolitical tensions and concerns over massive AI investment.
IBM Q2 Revenue $17.16B, EPS $2.93
IBM reported Q2 2026 revenue of $17.16 billion, up 1.1% year-over-year, and EPS of $2.93, compared to $2.80 a year ago.
CXMT’s $10 Billion IPO Highlights China’s Semiconductor Ambitions and a Hidden Risk
CXMT is planning a $10 billion IPO, marking a significant step for China's semiconductor industry, but the article warns of an underlying market risk.
Big Tech Earnings Strong but Spending Surges, Investors Uneasy
Major technology companies reported robust quarterly earnings, but capital expenditures outpaced expectations, fueling concerns among investors about future margins.
FTSE Elliott Wave Outlook: Bullish Bias with 5-Swing Progression
The FTSE Index shows a sustained bullish progression since the March 23, 2026 low, with a clear five-swing advance classified as a motive sequence, supporting further upside.
Musk: Tesla to Continue Aggressive Capex for AI, Robotaxis, Batteries, Optimus
Elon Musk said Tesla will maintain high capital spending to expand AI, robotaxis, batteries, and Optimus robots, while investors remain focused on margin pressures and profitability.
Tesla Misses Q2 Profit Estimates as AI Investments Drive Negative Free Cash Flow
Tesla reported second-quarter profit below analyst expectations, weighed down by heavy spending on AI, robotics, and autonomy that pushed free cash flow into negative territory for the first time in over two years, even as vehicle sales beat forecasts.
Robinhood Takes Aim at AmEx and Chase With $695 Platinum Card
Robinhood has begun rolling out its invite-only Platinum Card with a $695 annual fee and up to $3,000 in claimed annual benefits, directly entering the premium credit card market.
Tesla and Alphabet Slide Over 4% After Q2 Earnings Disappoint
Tesla and Alphabet shares both dropped more than 4% in after-market trading following their Q2 earnings reports, disappointing bullish expectations for tech earnings season.
Alphabet Raises 2026 CapEx Guidance to $205 Billion
Alphabet raised its full-year 2026 capital expenditure guidance to up to $205 billion, surpassing the market cap of all but 85 companies globally. The Magnificent 7 are on track to collectively spend over $1 trillion annually on CapEx.