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The 2026 Q2 earnings season is in full swing following the release of the big banks’ results, with many other notable companies on deck in the coming days and weeks. Concerning next week’s docket, several Mag 7 members, Tesla TSLA and Alphabet GOOGL, are scheduled to report. Tesla shares haven’t had a strong showing in 2026 so far, down roughly 15% and underperforming and facing mixed post-earnings reactions. Its results in 2026 have been largely positive from an expectations standpoint, exceeding the Zacks Consensus EPS estimate by double-digit percentages in back-to-back prints. Both EPS and sales expectations have trended higher over recent months, a bullish development as the company gears up to release its results. Earnings are forecasted to climb 22% YoY, whereas revenue is forecasted to see a 12% YoY climb. Image Source: Zacks Investment Research Margins have always been a key metric to watch for Tesla, which have largely dictated its price action overall. Its gross margin on a trailing twelve-month basis has recently turned higher after periods of decline, with continued improvement likely to drive significant overall positivity. Image Source: Zacks Investment Research It's also just as critical to rememer that Tesla is entering a massive, heavy-spending cycle, recently raising its 2026 CapEx forecast from $20 billion to over $25 billion. The huge spending levels are primarily aimed at constructing the computational and physical infrastructure needed for its real-world AI initiatives, including data centers to power FSD, the Robotaxi network, and more. Alphabet shares have delivered a return on par with the S&P 500 so far in 2026, up roughly 10% and seeing huge positivity following the latest set of quarterly results. Alphabet has overall continued its stellar earnings track record in 2026, beating both EPS and revenue expectations in each 2026 release so far. Like TSLA, Alphabet has seen bullish EPS and sales revisions for the quarter to be reported over recent months, but the revisions as of late have been more stable than anything. Though there haven’t been upward revisions recently, the stability here is still a positive takeaway. The tech giant is expected to continue its growth trajectory yet again, with earnings and revenue expected to be up 23% and 24%, respectively. Image Source: Zacks Investment Research As has been the case, cloud revenues...

We are off to a strong start this Q2 earnings season, which accelerates significantly this week as more than 300 companies report results—including 85 S&P 500 members. This week’s lineup offers a highly representative cross-section of the market, featuring key players from all sectors alongside two prominent "Magnificent Seven" members: Tesla and Alphabet. By Friday, we will have a much clearer picture of corporate health, with results in from more than a quarter of the entire index. The picture emerging from early results is one of continued strength and solid momentum. An above-average proportion of companies are beating estimates, while management teams are offering reassuring commentary regarding their outlooks for the current and upcoming periods. Although we are still in the early stages of the Q2 reporting cycle—with results in from roughly 10% of S&P 500 members—the initial data gives us strong confidence that the broader corporate earnings landscape remains highly positive. The chart below gives you a big-picture view of the overall earnings picture. It highlights current Q2 expectations right alongside actual results from the past four quarters and forecasts for the next three. Image Source: Zacks Investment Research As you can see here, total S&P 500 earnings for 2026 Q2 are expected to increase by +25.3% compared to the same period last year on +11.9% higher revenues. Of the 16 Zacks sectors, 11 are expected to have positive earnings growth in Q2, with Energy (earnings growth of +129.5%), Tech (+48.8%), Basic Materials (+45.2%) and Finance (+23.5%) as the major growth drivers. Q2 earnings growth drops to +14.1% from +25.3% once the Tech sector’s substantial contribution is excluded. The +129.5% earnings growth for the Energy sector is meaningful, but aggregate earnings growth would still be +20.7% on an ex-Energy basis. For the Magnificent Seven—two of whose members report this week—total Q2 earnings are expected to increase +28.7% year-over-year on +25.1% higher revenues. While this marks a deceleration from the group’s blistering +48.7% earnings growth (on +25.3% revenue gains) in Q1, their fundamental strength remains a major market driver. Crucially, there is plenty of strength outside of the group: if we exclude the Magnificent Seven entirely, Q2 earnings for the rest of the S&P 500 would still be up a robust +24.3%. The Tech sector has been...

Big Tech earnings kick off next week with Google (GOOG, GOOGL) and Intel (INTC) set to report results on July 22 and 23, respectively. And investors will have their eyes on AI spending and returns, as well as chip sales. Microsoft (MSFT) and Meta (META), in particular, have been punished for their heavy investments in AI data center capacity, though Google and Amazon (AMZN) have dodged the same fate, as of late. Wall Street will want to hear more about how Microsoft is expanding its Copilot service and AI growth via its Azure platform. Meta watchers will be looking into how the company is using AI to improve ad sales and user engagement. Google and Amazon will need to deliver more of the same to keep Wall Street on their sides, while also ensuring they can keep their spending in check. Keep an eye on the hyperscalers' remaining performance obligations (RPOs), a measure of contracts they've signed but haven't realized revenue from yet, to get a sense of where growth is headed. On the chip side, it'll be all about sales and forward guidance. Nvidia (NVDA), Intel, AMD (AMD), and memory makers will need to show demand is keeping pace or accelerating. But even that might not be enough to satisfy investors who have recently sold the news on results from the likes of Nvidia. Apple's (AAPL) results will be interesting for a handful of reasons. While iPhone sales are always the most important number in the company's earnings, commentary on who is buying and why will be just as noteworthy. Analysts will be watching to see whether customers are buying now to get ahead of potential future price hikes or holding out to get their hands on the company's rumored foldable iPhone, set to launch this fall. Post-earnings discourse will also center around the impact of rising memory and storage costs on Apple's margins and future device pricing. Email Daniel Howley at [email protected]. Follow him on X at @DanielHowley. Click here for the latest technology news that will impact the stock market. Read the latest financial and business news from Yahoo Finance

Tesla TSLA is slated to release second-quarter 2026 results on July 22, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at 47 cents per share and $24.7 billion, respectively. The earnings estimate for the to-be-reported quarter has been revised upward by 2 cents over the past 30 days. The bottom-line projection indicates year-over-year growth of 17.5%. The Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 10%. Image Source: Zacks Investment Research For full-year 2026, the Zacks Consensus Estimate for TSLA’s revenues is pegged at $102 billion, implying a rise of 7.6% year over year. The consensus mark for 2026 EPS is pegged at $2.11, suggesting an uptick of around 27% on a year-over-year basis. In the trailing four quarters, this electric vehicle (EV) and technology giant topped EPS estimates on three occasions and missed once, with the average negative earnings surprise being 5.48%. Image Source: Zacks Investment Research Earnings Whispers for TSLA Our proprietary model predicts an earnings beat for Tesla this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That’s the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. TSLA has an Earnings ESP of +16.52% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. In the second quarter, Tesla delivered 480,126 vehicles (including 467,762 Model 3/Y and 12,364 other models), beating our model estimate of 400,133 units. Deliveries increased 34% sequentially and 25% on a year-over-year basis. It was Tesla’s strongest quarter for EV sales since the third quarter of 2025. Back then, sales got a similar lift when U.S. buyers rushed to purchase before federal EV tax credits expired, prompting Tesla and other automakers to see a temporary surge in demand. Second-quarter deliveries were largely driven by high gas prices amid the Middle East conflict, which likely pushed consumers toward EVs. Demand trends strengthened across key international markets like Europe and China.Although Tesla doesn’t break down sales by region, Europe was a key catalyst, where sales momentum has been robust in recent months. In China, where Tesla commands a...

US equity futures were higher pre-bell Thursday as oil prices fell to their lowest since the start o

The S&P 500 Index ($SPX) (SPY) today is down -0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.23%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.30%. June E-mini S&P futures (ESM26) are down -0.17%, and June E-mini Nasdaq futures (NQM26) are up +0.24%. Stock indexes are mixed today, with the Dow Jones Industrials posting a new all-time high. Strength in chipmakers is leading the overall market higher. Stocks also garnered support on better-than-expected US economic reports on US May retail sales, a sign of resilient consumer demand, and May pending home sales. Weakness in telecommunication and trucking stocks is limiting gains in the overall market. Rocket Lab vs. Redwire: 1 Stock Has the Stronger Growth Story for the Next Decade Dear SpaceX Stock Fans, Mark Your Calendars for June 16 Dear Western Digital Stock Fans, Mark Your Calendars for June 22 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Stocks also have carryover support from Monday after the US and Iran agreed to end their war and reopen the Strait of Hormuz, knocking crude oil prices down to a 3.5-month low and stoking risk-on sentiment in asset markets. The market’s focus will be on the conclusion of today’s 2-day FOMC meeting, the first under the leadership of new Fed Chair Kevin Warsh. While the Fed is expected to keep interest rates unchanged, the spotlight will be on how Mr. Warsh navigates the post-meeting press conference and the outlook for inflation. US MBA mortgage applications fell -3.8% in the week ended June 12, with the purchase mortgage sub-index down -3.4% and the refinancing mortgage sub-index down -4.5%. The average 30-year fixed rate mortgage was unchanged from last week at 6.60%. US May retail sales rose +0.9% m/m, stronger than expectations of +0.6% m/m. Also, May retail sales ex-autos rose +0.8% m/m, stronger than expectations of +0.6% m/m. US May pending home sales rose +3.8% m/m, stronger than expectations of +0.9% m/m and the biggest increase in 20 months. WTI crude oil prices (CLN26) recovered from a 3.5-month low today and are moving higher as prices consolidate following this week’s plunge. The eventual resumption of vessel traffic through the Strait of Hormuz could lead to the release of more than 100 laden ships ca...

Shares of Navan (NAVN) rallied 8.43% on Thursday, June 11, following its Q1 FY2027 results, as investors backed its deeper artificial intelligence (AI) push and enterprise traction. The momentum drove the stock to a new 52-week high of $24.50, fueled by stronger-than-expected earnings that kept buyers in control. At the heart of the update stood Navan Anywhere, a new offering that embeds the company’s AI travel agents directly into Alphabet’s (GOOG) (GOOGL) Gemini Enterprise, pushing the firm deeper into the enterprise software ecosystem. SpaceX's First Full Week, FOMC and Other Key Things to Watch this Week A $1.24 Trillion Reason to Buy Dell Stock Now Adobe CFO Quits to Join a Chipmaker. You Shouldn’t Quit ADBE Stock. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! And the AI bet is already paying off. Usage of Navan’s proprietary AI model climbed from 20% to 30% in just a few weeks. Management pointed to this jump as proof that AI now drives real growth and operational efficiency rather than sitting on the sidelines as a decorative feature. Momentum also rolled into the enterprise pipeline. President Michael Sindicich noted that request for proposal (RFP) volume jumped more than 200% year-over-year (YOY). The number of Fortune 500 companies using the platform rose to 45 from 28 a year earlier, signaling stronger trust from large enterprises in Navan’s AI-driven approach. Investors took the hint and started revising their price targets upward, betting that this AI momentum has legs for both customer growth and fatter margins down the road. Headquartered in Palo Alto, California, Navan runs an AI-powered platform that brings travel and expense management under one roof. With a market cap sitting close to $5 billion, the company handles everything from booking and policy enforcement to payments, expense reconciliation, and reporting, smoothing out the entire travel journey. The stock has shown strong momentum, climbing 18.74% year-to-date (YTD), while the near-term trend has gathered even more speed with a 127.9% jump over the past three months and a further 9.9% rise over the past month. On the valuation front, NAVN stock is currently trading at 78.92 times forward adjusted earnings and 5.56 times sales, sitting above br...

McDonald’s (MCD) recently partnered with Alphabet's (GOOGL) (GOOG) Google to implement an AI-powered automated order-taking system at its drive-thru. The initiative called ArchIQ, still in the experimental phase, has currently been installed in just five branches in the U.S. Interestingly, this is not McDonald’s first attempt at using AI to improve its operations. The company had previously worked with IBM (IBM) to make a similar AI ordering system called AOT (Automated Order Taking), which failed because of its poor accuracy. This time around, the results appear to be more promising, with the five locations undertaking over a million transactions at around a 90% success rate. The strive for a change is part of McDonald’s new brand strategy, “McDonald’s > NEXT.” The Chairman and CEO, Chris Kempczinski, stated that the strategy will spur growth, productivity, and profitability across the chain’s locations. He believes that with competitors upgrading their menus, improving food quality, etc., they needed to keep up to remain the customers’ first choice. The CEO also claimed that with the staff having to interact less with the customers, the quality of the interactions is likely to go up, which he believes will improve the hospitality as well. Dear AST SpaceMobile Stock Fans, Mark Your Calendars for June 17 This Analyst Just Upped the Price Target on SanDisk Stock. Here's Why. Nvidia Chose This AI Cloud Stock Over Everyone Else. Here’s Why. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Customers have so far shown a mixed reaction to AI taking their orders. Some say that the staff greeting them with a smile to take the order is part of the hospitality that the CEO says will improve. Another concern shown was that the AI taking your order was just the start, and that with time, even the cooking process will become AI-operated, and soon, many people will lose their jobs. This fear, however, is likely to be accepted by the public in due time, as AI progress does not show any sign of slowing down. Whether customers end up happier or not is an entirely different debate. McDonald’s, one of the world’s largest fast-food companies, serves through a staggering 45,000+ locations across the world. Founded in 1940, the company operates...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management attributed GAAP profitability and record ARPU of nearly $0.12 to a deliberate shift toward acquiring and retaining higher-value users, particularly on iOS. The 32% growth in subscription revenue was driven by optimizing subscription plans, resulting in nine consecutive quarters of year-over-year growth despite a decline in total monthly active users. Advertising revenue resilience was highlighted by the fact that Marketplace ad revenue remained flat despite the absence of a $450,000 one-time integration bonus received in the prior year. The decline in Emojipedia revenue was framed as a strategic decision to manage the asset for profitability following structural changes to Google's search results pages. DataSeeds achieved a validation milestone by fulfilling its first six-figure order for a leading technology company, proving the company's ability to deliver complex, ethically sourced datasets. The TapeDeck initiative is focusing on building a high-quality catalog of independent music to attract 'hyper fans' through a transparent $0.01 per-listen royalty floor. The innovation pipeline is governed by a 'fail fast' framework designed to scale winners and kill losers quickly, with a goal of reaching six alpha launches within the fiscal year. DataSeeds revenue is expected to remain lumpy in the near term as the company matures its B2B offering and transitions from proof-of-concepts to larger enterprise orders. Management is prioritizing 'managed crowd content creation' for DataSeeds, focusing on ethically sourced, multimodal data that complies with emerging biometric and privacy regulations. Future growth initiatives for the Zedge Marketplace are centered on well-developed markets where CPMs and disposable income are higher to further improve monetization efficiency. Capital allocation will continue to concurrently support dividends, opportunistic share repurchases, and R&D investment without straining the debt-free balance sheet. Google's search engine results page changes continue to act as a headwind for Emojipedia, necessitating a shift toward cash flow preservation over aggressive growth for that asset. The company expanded its share repurchase authorization by $2 million, signaling management's...

Interested in Target Corporation? Here are five stocks we like better. Walmart, Home Depot, and other retailers say consumers remain active but increasingly price-sensitive. Buy-Now-Pay-Later delinquencies are rising sharply, signaling growing financial stress among lower-income consumers. Investors may need a more selective approach toward retail and consumer-facing stocks in a bifurcated economy. The stock market and the economy are not the same thing, but in 2026, they share one trait: skepticism. Despite blockbuster earnings reports from companies like NVIDIA (NYSE: NVDA), Palantir Technologies (NASDAQ: PLTR), and Alphabet (NASDAQ: GOOGL), this may be the most reluctant bull market in history. That doesn’t mean investors are leaving the market, but the concentration of market winners is still not broadly expanding to other sectors. The recent retail earnings reports aren’t going to change that. On the surface, the consumer looks resilient. The retail sales data continues to at least meet, if not exceed, expectations. However, all may not be as it seems. Retail giants like Walmart Inc. (NASDAQ: WMT), Home Depot (NYSE: HD) and TJX Companies (NYSE: TJX) have been telling a cautious story. → Voya Financial Grows Earnings Across All 3 Business Segments Consumers are still spending, but with real intentionality. And since investors are also consumers, it may be getting harder to separate the two. The investor deciding whether to add a retail stock to their portfolio and the shopper deciding whether to remodel their kitchen are, increasingly, the same person making the same calculation: is now the right time to commit? The word "choiceful" has become part of the retail lexicon. Walmart used it explicitly on its Q1 earnings call to describe a customer who is still showing up but making sharper trade-offs at every price point. Management also pointed to consumers shifting toward private-label brands, even among higher-income consumers. → SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns Home Depot offered one of the more telling data points of the earnings season: same-store sales growth remained modest, with customers completing smaller repair and maintenance projects while continuing to defer large remodels. Lowe's (NYSE: LOW) also spoke of a consumer who is engaged but not confident. Both stocks have held up reasonably well because repair-and...

Semtech (SMTC) is likely to report "upside" to fiscal Q1 results and fiscal Q2 outlook as demand for

June Nasdaq 100 E-Mini futures (NQM26) are trending up +0.69% this morning as sentiment improved after Treasury yields retreated from multiyear highs, with attention now turning to an earnings report from chip giant Nvidia. The price of WTI crude fell over -1% on Wednesday after Reuters reported that two Chinese supertankers transited the Strait of Hormuz early in the day and a third, South Korean-flagged vessel, was also exiting the waterway. U.S. President Donald Trump suggested on Tuesday that the war with Iran could end “very quickly,” while also cautioning that the U.S. could restart military strikes. “I hope we don’t have to do the war, but we may have to give them another big hit,” Trump told reporters. Meanwhile, Iran warned on Wednesday that it would expand the war beyond the Middle East if the U.S. attacks again. NVDA Earnings Bull Put Spread has a High Probability of Success This High-Yield REIT Just Hiked Its Dividend By 7.1%. Its Shares Look Compelling Here. Warren Buffett’s Berkshire Hathaway Dumped 16 Stocks in Q1, But the Chevron Sale Was the Largest Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Treasury yields fell across the curve on Wednesday, with the 10-year rate sliding three basis points to 4.64%. With traders still strongly leaning toward a Fed rate hike in December, markets remain highly sensitive to signs of escalation or de-escalation in the Middle East. In yesterday’s trading session, Wall Street’s major indexes closed lower. Most members of the Magnificent Seven stocks slid, with Alphabet (GOOGL) and Amazon.com (AMZN) falling over -2%. Also, travel stocks slumped on worries about higher fuel costs, with Carnival (CCL) sliding over -4% and United Airlines Holdings (UAL) slipping more than -3%. In addition, Akamai Technologies (AKAM) sank over -6% and was the top percentage loser on the S&P 500 after the company announced a $2.6 billion convertible notes offering. On the bullish side, some chip and AI infrastructure stocks advanced, with Marvell Technology (MRVL) climbing more than +4% to lead gainers in the Nasdaq 100 and Sandisk (SNDK) rising over +3%. Economic data released on Tuesday showed that U.S. pending home sales rose +1.4% m/m in April, stronger than expectations of +1.0% m/m. Economists,...