July 23, 2024 at 09:20PM
Visa Inc (V) Q3 2024 (USD): Shares are trading down -2.11% after the close.
Adj. EPS: $2.51 (exp. $2.43) BEAT
Revenue: $8.9B (exp. $8.89B) BEA
Tesla Inc (TSLA) Q2 2024 (USD): Shares are trading down -5.22% after trading down -2.04% during the day today
Adj. EPS: $0.52 (exp. $0.62) MISS
Revenue: $25.5B (exp. $24.77B) BEAT
Tesla’s focus remains on company-wide cost reduction, while plans for new vehicles stay on track. The energy storage business continues to grow rapidly, setting a record in Q2 with 9.4GWh of deployments. The company saw a sequential rebound in deliveries in Q2 due to improved consumer sentiment and expects a sequential increase in production in Q3 after a decline in Q2. However, they project that 2024 vehicle growth rate may be lower than 2023 levels, and the new vehicles approach will result in less cost reduction than previously expected. The robo-taxi will also be delayed
Alphabet Inc (GOOGL) Q2 2024 (USD): Shares of Alphabet are down -0.38% in after hours trading.
EPS: $1.89 (exp. $1.84) BEAT
Revenue: $84.742B (exp. $84.18B) BEAT
Google Advertising Revenue: $64.6B (exp. $64.4B) BEAT
Google Cloud Revenue: $10.35B (exp. $10.158B) BEAT
Google Search & Other Revenue: $48.51B (exp. $47.65B) BEAT
YouTube Ads Revenue: $8.66B (exp. $8.9B) MISS
Google Network Revenue: $7.44B (exp. $7.87B) MISS
Google Subscriptions, Platforms and Devices Revenue: $9.31B (exp. $9.38B) MISS
Google Services Revenue: $73.93B (exp. $73.58B) BEAT
Texas Instruments Inc (TXN) Q2 2024 (USD): Shares are trading up 3.99% in after-hours trading. In. Today the price fell -3.69%
EPS: $1.22 (exp. $1.17) BEAT
Revenue: $3.82B (exp. $3.82B) MET
This article was written by Greg Michalowski at www.forexlive.com.