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.
Earnings
Northrop Grumman raised its 2026 outlook after reporting stronger-than-expected quarterly results and a record $105 billion backlog. Robust demand across defense programs helped lift revenue and earnings despite pressure on operating margins.
Earnings
3M raised its 2026 earnings outlook after reporting stronger-than-expected quarterly results. Broad-based sales growth, expanding margins, and solid demand across industrial, semiconductor, and data center markets helped fuel investor optimism.
Earnings
General Motors raised its 2026 profit outlook after reporting stronger-than-expected earnings, revenue, and cash flow. Higher-margin truck sales, improving EV economics, and stronger operating performance helped offset ongoing EV-related charges and tariff costs.
Earnings
Domino’s Pizza reported revenue above expectations and continued order growth despite soft consumer demand. Investors focused on customer traffic, store expansion, and market-share gains, sending shares higher even as earnings missed forecasts.
Business Trends
This week’s market action revealed a consistent pattern: investors rewarded companies showing clear growth, profitability, and demand trends while penalizing businesses facing slower momentum, reduced visibility, or uncertainty—even when headline results exceeded expectations.
Earnings
Intuitive Surgical topped second-quarter earnings and revenue expectations, but shares fell after investors focused on slowing U.S. procedure growth and a full-year outlook that implied more moderate growth in the second half of 2026.