Alphabet's Q2 revenue rose 24% to $119.8B, beating expectations, but earnings (excluding a $99B equity gain) missed due to high capital spending, causing a 3% after-hours stock drop.
General Motors raised its 2026 earnings forecasts and full-year guidance after exceeding Q2 expectations, driven by strong North American operations, consistent vehicle prices, and reduced EV losses. The automaker reported adjusted EPS of $3.57 and revenue of $48.03 billion.
Hewlett Packard Enterprise (HPE) shares surged 30% after reporting strong Q2 results. Adjusted EPS of 79 cents beat estimates of 53 cents, and revenue hit $10.68 billion, exceeding the $9.79 billion expected. The company's server unit revenue was particularly strong.
