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Texas Instruments Incorporated TXN is likely to beat earnings estimates when it releases its second-quarter 2026 results on July 22, after market close. The company anticipates revenues between $5 billion and $5.4 billion for the second quarter. The Zacks Consensus Estimate is pegged at $5.23 billion, suggesting growth of 17.5% from the year-ago period's reported figure. Texas Instruments expects earnings per share between $1.77 and $2.05. The Zacks Consensus Estimate for second-quarter earnings is pinned at $1.91 per share, implying growth of 35.5% from the year-ago period's reported figure. The consensus mark for earnings has been revised upward over the past seven days. Image Source: Zacks Investment Research TXN’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 6.96%. Texas Instruments Incorporated price-eps-surprise | Texas Instruments Incorporated Quote Our proven model predicts an earnings beat for Texas Instruments this earnings season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is exactly the case here. Earnings ESP of TXN: Earnings ESP, which represents the difference between the Most Accurate Estimate ($1.96) and the Zacks Consensus Estimate ($1.91), is +2.66%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Texas Instruments’ Zacks Rank: TXN presently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. Texas Instruments’ second-quarter performance is likely to have benefited from strong demand for its analog and embedded chips. The company’s analog business remains the largest contributor, which is showing renewed strength supported by improving industrial demand, stronger data center investments and stable automotive sales. Industrial revenues rose more than 30% year over year in the first quarter of 2026, with growth spreading across regions and customer groups. At the same time, Texas Instruments is benefiting from rising demand for power-management chips used in artificial intelligence (AI)-driven data center infrastructure. During the first-quarter earnings call, management stated that data center revenues surged roughly 90% year over year. Overall, analog reven...

When you buy through links on our articles, Future and its syndication partners may earn a commission. Another down day for tech stocks weighed on the broader market Friday, with today's leg lower sparked by reports that a new artificial intelligence model from Chinese startup Moonshot AI bridges the gap with several U.S. models. Poorly received earnings results from streaming giant Netflix (NFLX) weighed on sentiment, too. At the close, the tech-heavy Nasdaq Composite was down 1.4% at 25,520, the broader S&P 500 was off 1.0% at 7,457, and the blue-chip Dow Jones Industrial Average was 0.8% lower at 52,146. News that Moonshot AI's Kimi K3 is powerful enough to rival models from OpenAI and Anthropic revived competition fears — and rehashed memories from early 2025, when China's DeepSeek sent stocks into a tailspin. It also pressured several AI-related names, including Nvidia (NVDA, -2.2%) and Intel (INTC, -2.0%). A negative reaction to Netflix's second-quarter results also weighed on the S&P 500 and Nasdaq today, with the communication services stock sliding 7.3% — its worst day since April 17. Track all markets on TradingView While the company's earnings of 80 cents per share beat analysts' estimates, its revenue of $12.56 billion fell short and its third-quarter revenue forecast came in slightly below the consensus. In addition, Netflix said it will begin reporting engagement data on an annual basis vs a bi-annual one. "The goal of separating the publication of the report from our earnings results is to keep the focus on our primary financial metrics — revenue and operating profit," the company explained. Looking for more timely stock market news to help gauge the health of your portfolio? Sign up for Closing Bell, our free newsletter that's delivered straight to your inbox at the close of each trading day. Despite the top-line miss and subsequent stock sell-off, Argus Research analyst Joseph Bonner reiterated a Buy rating on Netflix. He also maintained a $120 price target, representing implied upside of 74% to current levels. "While competition is intense amid macroeconomic uncertainty, Netflix remains the 'anchor tenant' for consumers in long-form video streaming," says Bonner. "We see the company's incremental moves into live-event sports programming as particularly directed at enhancing its advertising market as well as subscriber acquisition," adding t...

IBM (NYSE: IBM) didn't wait for its scheduled earnings date. On Tuesday, a week ahead of its July 22 report, the enterprise software and hardware giant released preliminary second-quarter results in a letter to investors from CEO Arvind Krishna. The numbers were disappointing. Revenue totaled $17.2 billion, up just 1% year over year and short of the company's own expectations. Investors didn't take it well. Shares fell about 24% on Tuesday, one of the worst single-day drops in the company's history, and slid further on Wednesday to a 52-week low. IBM's market capitalization now sits below $200 billion. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » But the most interesting part of the pre-announcement isn't the miss itself. It's Krishna's explanation of what happened in the last few weeks of June, because it says a lot about where technology budgets are actually going in the AI (artificial intelligence) buildout. The shortfall was a sharp reversal. In the first quarter, IBM's revenue rose 9% year over year, led by infrastructure revenue that jumped 15% as the company's new z17 mainframe rolled out. IBM expected that mainframe momentum to fade as the launch wrapped up, guiding for infrastructure revenue to decline by a low-single-digit rate for the year. Instead, second-quarter infrastructure revenue fell 7%, software grew just 5%, and consulting was flat. The deceleration reached the bottom line, too. Earnings per share of $2.27 declined 2% year over year, though earnings per share on a non-GAAP (adjusted) basis climbed 5%. So, what happened? According to Krishna, IBM's clients abruptly changed their spending priorities. "In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases to secure supply constrained infrastructure ahead of expected price increases," Krishna explained in his letter. He added that the company "did not anticipate the magnitude of the capex reprioritization," and that numerous large deals failed to close on the timelines IBM expected, driving the majority of the shortfall. Krishna also noted that clients were distracted by rapidly evolving, industry...

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...

Boeing (NYSE: BA) delivered 64 commercial airplanes in June, bringing its second-quarter total to 171 jets and its first-half total to 314 -- the company's best first half since 2018. For a plane maker still working its way back to consistent profitability, that delivery pace is the single most important input into the second-quarter results Boeing will report on Tuesday, July 28. Deliveries matter this much because of how Boeing gets paid. The company collects the bulk of an airplane's purchase price when it hands the jet to the customer, so every additional delivery brings in more cash. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » The second quarter's 171 commercial deliveries included 129 737s and 25 787s. And output has been climbing for more than a year. Boeing delivered 130 airplanes in the first quarter of 2025, 143 in this year's first quarter, and now 171 in the second quarter. Boeing's first-quarter report showed why the ramp matters. Revenue rose 14% year over year to $22.2 billion. The company's core (non-GAAP) loss per share narrowed to $0.20 from $0.49 a year earlier. And free cash flow, while still negative at $1.5 billion, was an improvement from a $2.3 billion outflow in the year-ago quarter. Losses shrinking and cash flow improving, quarter after quarter, is the entire investment story here -- and it runs on deliveries. The second quarter added 28 more deliveries than the first. If Boeing's per-plane economics held steady, that higher volume should translate into a smaller loss and better cash flow when the company reports. Investors should also listen for any word on production rates. Boeing has been ramping up its 737 production to 47 jets per month, up from 42, with the concurrence of the Federal Aviation Administration. That higher rate raises the delivery ceiling for 2027 and beyond. There's a backlog reason to care, too. Boeing ended the first quarter with a record $695 billion in total backlog, including more than 6,100 commercial airplanes. The company doesn't have a demand problem. It has a production problem, which is why every month of higher output works directly on the constraint that has been holding th...

There are thousands of companies that most of us know little about -- which can make them more risky investments for us. Some, though, are quite familiar -- like Domino's Pizza (NASDAQ: DPZ). The company is scheduled to deliver its second-quarter report on July 20. Should you invest in Domino's before that earnings release? Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » Domino's was launched back in 1960, and it's now the world's largest pizza chain, with more than 22,300 locations in more than 90 international markets. It rakes in more than $19 billion annually -- with just about all of that coming from franchisees, who own and operate 99% of Domino's stores. It's growing, too, though not rapidly. Domino's first-quarter results featured year-over-year global revenue growth of 3.4%, with income from operations rising 7.9% on a currency-adjusted basis. That 3.4% looks good, but it was mostly due to new locations opening -- 180 of them on a net basis. When you look at sales from U.S. locations open a year or more, growth was just 1%. A key reason to consider investing in Domino's is its valuation. Its forward price-to-earnings (P/E) ratio was recently 16, based on analysts' consensus expectations, well below its five-year average of 25. That suggests the stock is undervalued. That's not enough of a reason to buy it, though, so consider, too, that it's a dividend payer. At recent share prices, its dividend yield was 2.6%, more than twice that of the S&P 500's (SNPINDEX: ^GSPC) 1.1% yield. Better still, Domino has more than doubled its annual payouts over the past five years. And when you add in the effect of stock buybacks, the total shareholder yield is around 6.1%. To me, that's compelling. Meanwhile, Domino's is forecasting global sales growth in the mid-single-digit percentages, and it has been investing significantly in its website and its app to boost digital sales -- which accounted for 85% of all sales in the U.S. last year. Give Domino's a closer look, because while it may not be a fast grower, it's likely to reward shareholders well via growing dividends and stock repurchases. Before you buy stock in Domino's Pizza, consider this...

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. Performance was driven by record net revenue of $7.7 billion, reflecting a deliberate shift toward a more diversified, fee-heavy business mix. The successful integration of BTIG significantly bolstered capital markets capabilities, contributing $98 million in its first month and outpacing initial expectations. Management attributed strong positive operating leverage to disciplined expense management coupled with accelerating revenue growth in payments and card issuing. The consumer franchise reached record deposit levels, driven by the 'Bank Smartly' product suite which has successfully deepened multi-service client engagement. Strategic focus is shifting toward 'densifying' the branch network in high-growth markets to capture lower-cost deposits and long-term relationships. Operational execution remains centered on a 'four-legged stool' of fees—capital markets, payments, trust/investment management, and consumer fees—to ensure earnings stability. Full-year 2026 revenue growth guidance was raised to 7%-9%, assuming continued momentum in fee income and broad-based loan growth. Management expects net interest margin to expand through 2027, targeting a 3% range driven by fixed-asset repricing and optimized asset mix. The Amazon Small Business Portfolio acquisition is expected to close in mid-August, contributing approximately $75 million to $85 million in quarterly revenue. Capital markets revenue is targeted to reach 10% of total company revenue over time through organic cross-selling and leveraging the BTIG platform. Guidance assumes a $160 million reserve build in Q3 related to the Amazon portfolio purchase, reflecting conservative credit positioning. The BTIG acquisition impacted capital levels by 12 basis points this quarter, though management remains committed to a 10% CET1 target. Merchant processing growth slowed due to macroeconomic headwinds in Europe and the strategic exit of certain non-strategic distribution partners. Annual branch investment is increasing from $200 million to $300 million to support physical expansion in high-household-formation markets. Management noted approximately $60 million in merger-related integration costs for BTIG expected to be recognized primarily in the second half of...

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. Achieved record adjusted net income of $128.1 million, driven by the early and stronger-than-anticipated contribution from the Mountain Commerce Bank (MCB) merger. Experienced a significant $626 million swing in loan growth expectations, moving from a forecasted $600 million decline to a $26 million increase due to opportunistic funding requests from loyal entrepreneurial customers. Maintained a stable net interest margin of 4.51% by prioritizing credit quality and pricing discipline over aggressive volume growth in a competitive environment. Successfully completed the legacy system conversion in June, with the MCB conversion scheduled for November to unlock approximately $5.5 million to $6 million in annual cost savings. Reported significant progress on a large nonperforming loan (just under $100 million), with management reiterating expectations of no further losses following intensive remediation efforts. Aggressively utilized capital for share repurchases, buying back 1.5 million shares to offset dilution from the MCB transaction, reaching nearly the halfway mark of that goal. Management has ceased providing specific quarterly loan growth forecasts due to the unpredictable timing of large customer transactions and payoffs. Anticipates continued robust opportunities in the South Florida market, citing a $350 million pipeline of recently approved loans including a major Miami construction project. Maintains an active M&A appetite but remains strictly disciplined on non-dilutive terms, having recently walked away from a deal when the company's stock price was temporarily depressed. Expects the core net interest margin to remain in the current range, assuming the ability to negotiate deposit renewals at lower rates despite 4%-plus market competition. Projected expense run rate is expected to stabilize around $120 million, with further reductions anticipated in 2027 following the full realization of MCB synergies. Incurred $12.7 million in merger-related expenses during the quarter associated with the Mountain Commerce Bank acquisition. Identified a high volume of anticipated loan payoffs for Q3, which may create headwinds for net loan growth despite a strong production pipeline. Noted 'ridiculous' competitiv...

Dow Jones futures: Taiwan Semiconductor and GE Aero fell despite strong earnings as the AI stock sell-off continues.

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 characterizes fiscal 2026 as a 'year of digestion' following revenue pull-forwards into the prior year, but notes the period was used to build a record funded backlog of $111 million. The company is transitioning from a bespoke manufacturer of 'exquisite products' to a high-rate production model to improve overhead absorption and reduce non-recurring engineering as a percentage of business. Performance was impacted by intentional investments in engineering talent and business process improvements ahead of a projected multi-year revenue ramp-up. Strategic focus has shifted toward high-growth, high-margin markets including proliferated satellite programs, quantum sensing, and space defense, while de-emphasizing lower-margin legacy products. The restructuring of the FEI-Elcom business in New Jersey was driven by its inability to meet core growth and margin profiles, leading to a $3.8 million inventory write-down. Management attributes a 90% win rate in space contracts to a lack of direct competition for their specialized atomic clock and timing solutions. Established a three-year revenue target of at least $150 million by fiscal 2029, representing a 34% compound annual growth rate from fiscal 2026 levels. Targeting minimum gross margins of 50% and operating margins of 30% by fiscal 2029, driven by higher revenue scale, pricing initiatives, and operational efficiencies. Expects to establish multiple new quarterly revenue records during fiscal 2027 as the record backlog begins to convert. Anticipates returning to normal cash generation in fiscal 2027, starting in the first fiscal quarter, following a year of heavy internal investment. Guidance assumes continued government funding and generational levels of investment in space-qualified hardware and secure communication systems. A $3.8 million non-cash inventory write-down related to the FEI-Elcom restructuring significantly depressed reported gross margins in the fourth quarter. A non-cash charge for an accrual related to a one-time change in employee sick and paid time off policies impacted both cost of goods sold and SG&A. The FEI-Elcom restructuring yielded over $9 million in future tax benefits that the company expects to utilize as it returns to p...

Investors should always keep an open mind when looking for new investment ideas, whether that means exploring uncommon sectors or even countries they don't live in. SK Hynix (KOSE: A000660) (NASDAQ: SKHY) is proof of that. The South Korean memory chip company has proven to be a key player in the artificial intelligence (AI) supply chain and has generated phenomenal gains for South Korean shareholders. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » In fact, SK Hynix now accounts for over 25% of the Korea Composite Stock Price Index, South Korea's benchmark. If you'd invested $5,000 in SK Hynix five years ago (something U.S. investors would have had great difficulty doing until recently), here's how much you'd have today. SK Hynix is not a new company, having been founded in 1983 as Hyundai Electronics. The company is one of the largest manufacturers of dynamic random-access memory (DRAM) and NAND flash memory, which have long powered consumer electronics. This technology has become a key part of AI because DRAM and NAND chips play critical roles in feeding data to the general-purpose graphics processing units (GPUs) made by companies like Nvidia to train large language models (LLMs). As GPU clusters and data centers have scaled, so too has the need for DRAM and NAND. NAND serves as permanent storage for data that GPUs can access at any time, such as operating systems and data sets. It's not as fast as DRAM, but it provides cheaper access to storage. DRAM is temporary storage, meaning the data is lost when power is off, but it's much faster and key to enabling GPUs to pull in as much data per second as they do. Memory companies have historically been viewed as cyclical because whenever there is a surge in demand for DRAM and NAND, it takes time for memory companies to catch up, making it difficult to predict when the supply-and-demand balance will even out. Oftentimes, companies will ramp up supply too much, leading prices to eventually fall. However, Wall Street analysts believe demand for DRAM and NAND will be constrained for the next few years, leading memory prices to climb through 2027 and even potentially into 2028. In the first qua...

US benchmark equity indexes were lower intraday amid a sell-off in certain chip-related stocks as in