Alphabet Exceeds Earnings Expectations While Tesla Misses Estimates Amid Rising AI Costs
Alphabet (GOOGL) reported strong Q2 earnings that beat Wall Street expectations, while Tesla's (TSLA) profit fell short of estimates due to increased spending on AI initiatives. Despite positive results from Alphabet and ServiceNow (NOW), both companies saw their stocks decline in extended trading.
Tickers: $GOOGL $NOW $TSLA $TXN
Topics: AI Spending Alphabet Earnings Reports ServiceNow Tesla