Story perspectives

Alphabet Beats Forecasts; Tesla Gains EU FSD Approval

7/23/2026

Summary

Alphabet Beats Forecast

Alphabet Inc. reported Q2 2026 revenue of $119.8 billion, up 24% YoY, and earnings per share of $9.11 versus the $2.89 estimate.
Google Cloud revenue increased 82% to $24.77 billion, surpassing forecasts.
Quarterly capital expenditures rose 100% YoY to $44.9 billion, lifting the 2026 capex outlook to $195-$205 billion.
Free cash flow turned negative with a $6 billion burn.
Shares slipped roughly 4% after hours.

Summary

Tesla Expands Footprint

Tesla received Dutch approval in April to launch Full Self-Driving Supervised, clearing a route for EU adoption.
The unsupervised robotaxi service now operates in Dallas, Houston, Orlando, and Tampa, adding to Austin, Miami, and Phoenix.
Q2 energy-storage deployments rose to 13.5 GWh, up from 8.8 GWh in Q1.
Tesla’s balance sheet holds 11,509 BTC valued at about $786 million.
A six-seat Model Y entered the U.S. market to offset demand loss from eliminated tax credits.

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Alphabet Beats Forecast

Alphabet Inc. reported Q2 2026 revenue of $119.8 billion, up 24% YoY, and earnings per share of $9.11 versus the $2.89 estimate.
Google Cloud revenue increased 82% to $24.77 billion, surpassing forecasts.
Quarterly capital expenditures rose 100% YoY to $44.9 billion, lifting the 2026 capex outlook to $195-$205 billion.
Free cash flow turned negative with a $6 billion burn.
Shares slipped roughly 4% after hours.

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