Tesla (TSLA) is set to report its Q2 earnings for 2026 next week, following a challenging performance this year, with shares down approximately 15%. The company projects a 22% year-over-year increase in earnings and a 12% rise in revenue, supported by an uptick in gross margin after previous declines. Additionally, Tesla has raised its capital expenditure forecast for 2026 from $20 billion to over $25 billion, aimed at advancing its AI initiatives, including data centers.
Alphabet (GOOGL) is also scheduled to release its Q2 earnings soon, with shares up about 10% in 2026. The company has consistently surpassed earnings and revenue expectations, and is forecasting a growth of 23% in earnings and 24% in revenue. A key highlight will be Google Cloud’s revenue, which reached $20 billion last quarter, reflecting a 62.7% year-over-year growth, with analysts expecting an increase to $22.8 billion in the upcoming report.
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