Earnings
Coca-Cola raised its 2026 outlook after Q2 revenue rose 7% and global volume increased 5%, with Zero Sugar, North America and Asia Pacific contributing to growth as shares rallied following the results.
Earnings
Corning (GLW) delivered stronger second-quarter earnings and core sales, powered by AI-related optical demand, but shares sank as production constraints and softer consumer electronics demand tempered the near-term revenue outlook.
Innovation & Tech
Artificial intelligence remained the dominant market theme this week as companies expanded investment across cloud, semiconductors, data centers, and infrastructure. Investors, however, increasingly looked beyond earnings, focusing on capital spending, profitability, and long-term execution.
Earnings
Intel (INTC) topped earnings and revenue expectations as AI-driven demand boosted its data center, server, and foundry businesses. The company raised capital spending plans, while investors weighed strong growth against higher investment needs and supply constraints.
Earnings
Deckers Brands (DECK) delivered its first-ever $1 billion quarter and topped earnings expectations, but investors focused on slowing sales growth, cautious revenue guidance, and warnings that tariffs and freight costs could pressure profits in the months ahead.
Earnings
RTX and Lockheed Martin delivered stronger-than-expected quarters, raised full-year guidance, and reported record backlogs, signaling continued demand across aerospace, missile defense, and military modernization programs.
Earnings
Tesla reported record second-quarter deliveries and rising Full Self-Driving adoption, but weaker margins, negative free cash flow, and plans for more than $25 billion in annual capital spending pressured shares as investors weighed the cost of its AI and robotics ambitions.
Earnings
Alphabet delivered strong earnings and an 82% surge in Google Cloud revenue, fueled by AI infrastructure demand. However, increased capital spending plans and growing investment commitments weighed on shares despite accelerating growth across the business.
Earnings
Texas Instruments delivered record revenue, strong earnings, and an outlook above Wall Street estimates as industrial, automotive, and data-center demand accelerated. Despite the strong results, elevated investor expectations pressured the stock.
Earnings
IBM shares moved lower after the company reported second-quarter revenue and earnings below expectations while reducing its full-year revenue growth outlook. Investors are now focused on whether delayed software and infrastructure deals return later in the year.
Earnings
GE Vernova raised its 2026 outlook after orders surged 88%, backlog reached $176 billion, and data center demand continued to expand. Despite strong growth and higher guidance, shares moved lower following the earnings release.
Innovation & Tech
Super Micro Computer (SMCI) surged after revealing gross margins nearly double prior forecasts and reporting more than $60 billion in new orders, pushing backlog to record levels and reinforcing demand for AI infrastructure systems.