Tesla reported Q2 earnings with profits of 31 cents per share, below Wall Street's 51-cent prediction, causing its stock to dip. Despite exceeding revenue expectations and auto sales, the company faces competition and subsidy ends, pivoting focus to AI, robotics, and autonomous driving projects like Optimus and Robotaxi.
Mirae Asset Life Insurance (085620) experienced a surge of over 10% in after-hours trading on the 4th. The stock was trading at 21,400 won, up 10.25% from its regular session closing price of 19,410 won, as of 7:39 PM.
Broadcom reported record Q2 revenue and AI chip sales, beating estimates. However, the stock fell over 12% after hours due to a cautious long-term AI target and a Q3 AI chip outlook below aggressive forecasts, wiping out over $300 billion in market value.
HPE's stock surged approximately 30% in after-hours trading following a strong earnings report. The company exceeded market expectations with a 40% year-over-year revenue increase to $10.68 billion and adjusted EPS of 79 cents, the highest since Q2 2018.
Apple reported fiscal Q2 2026 revenue of $111.2B, up 17% year-over-year and beating estimates, with EPS of $2.01. The company announced CEO Tim Cook will transition to executive chairman on Sept. 1, with John Ternus taking over as CEO. Stock jumped 4% after-hours to around $282. All product categories beat expectations, with iPhone sales up nearly 22% to a March quarter record. Services revenue hit an all-time high. Apple authorized a $100B buyback program and raised dividend 4%.
Microsoft reported Q3 fiscal 2026 revenue of $82.89 billion (up 18% YoY) and EPS of $4.27, both beating consensus. Azure cloud revenue grew 39-40% constant currency, exceeding expectations. The company issued strong Azure guidance of 39-40% for Q4 versus 36.9% consensus and announced plans to spend $190 billion in calendar 2026 capex. However, the stock reacted muted as investors remain concerned about Microsoft's reliance on OpenAI, capacity constraints, and the viability of seat-based software models in the AI era. Copilot seats now exceed 20 million.
Meta Platforms reported Q1 2026 earnings of $10.44 per share on $56.31B revenue, beating analyst estimates of $6.67 per share on $55.6B. Profit surged 61% YoY, but the company raised its 2026 capital expenditure guidance to $125-145B due to higher component pricing and data center costs. Shares fell over 6% in extended trading as investors concerns grew over increased AI infrastructure spending.
Intel shares jumped 20% in after-hours trading after reporting Q revenue of $13.58B against $12.3B estimates, with adjusted EPS of $0.29 vs $0.01 expected. The Data Centre and AI division generated $5.05B, up 22.4% YoY, driven by Xeon 6 processors and Gaudi 3 AI accelerators. The company issued Q2 guidance of $13.8-14.8B, above the $13B expected. The results follow a dramatic recovery from Intel's 2025 crisis when the Trump administration took a 9.9% equity stake worth $8.9B and the company cut 25% of its workforce.
