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Alphabet Stock Drops 7% Despite Record $112B Profit on Capex Surge
Alphabet posts record $112.1B Q2 profit with 82% Cloud revenue growth, but stock falls 7% as capex guidance jumps to $205B, raising concerns about AI spending sustainability.
Nestlé Stock Falls 6% on H1 2026 Earnings Miss, Water Sale Announced
Nestlé stock drops 6% on weak H1 2026 earnings. Net profit fell 31% to CHF 3.5 billion. Company to sell half of water business for EUR 2.8 billion.
Social Security Adds Online Disability Tracker and Digital Appeals Tools July 23
Social Security launches new online tools for disability claims, including a tracker for pending appeals and digital form submission. Affects 10 million disability beneficiaries.
Crypto Prices Today: BTC +0.38% Above $65K, ETH +0.28%, XRP +0.08%, Solana +0.22%
On 23 July 2026, the cryptocurrency market moved slightly higher as Bitcoin gained 0.38% and stayed above the $65,000 mark. Ethereum, XRP and Solana also recorded modest gains, suggesting that buying interest remains steady across the major digital assets. Although price movements were limited, investors continue to track institutional demand, spot Bitcoin ETF activity and…
FTSE 100 Today: UK Stocks Ease After Rally as Brent Crude Hits $97 and Energy Shares Advance
On 23 July 2026, the FTSE 100 slipped slightly after a strong run as investors paused to assess higher oil prices, corporate earnings, and the European Central Bank’s latest policy decision. The broader UK market lost some momentum, but energy shares moved higher after Brent crude climbed above $97 per barrel on fresh supply concerns….
Alphabet (NASDAQ: GOOGL) Raises 2026 Capex Outlook to $205 Billion as AI Infrastructure Spending Accelerates
Alphabet raised its full-year 2026 capital expenditure guidance to a range of $195 billion to $205 billion. That’s up sharply from the $180 billion to $190 billion forecast the company gave just last quarter. Alphabet posted Q2 2026 revenue of $119.8 billion, up 24% year-over-year, alongside record capital spending of $44.9 billion. Shares fell 3.4%…
HPCL (NSE: HINDPETRO) Shares Fall 4% While BPCL (NSE: BPCL) Gains Despite Q1 Net Losses
On 23 July 2026, shares of Hindustan Petroleum Corporation Ltd. (NSE: HINDPETRO) dropped nearly 4%, while Bharat Petroleum Corporation Ltd. (NSE: BPCL) traded higher despite both companies reporting net losses for the first quarter of FY27. The different market reactions caught many investors off guard because disappointing earnings often put pressure on oil marketing stocks….
Tesla (NASDAQ: TSLA) Shares Fall 5% After Earnings Miss and Weaker Automotive Margins
Tesla shares fell as much as 5.6% on July 23, 2026, a day after a disappointing Q2 earnings report. The stock touched an intraday low of $353.23, down from Wednesday’s close of $374.01. Tesla posted record second-quarter revenue of $28.24 billion, up 26% year-over-year, but adjusted earnings per share of $0.33 badly missed the $0.53…
Waaree Renewable Technologies (NSE: WAAREERTL) Shares Drop 8% Despite Strong Q1 Revenue Growth
On 23 July 2026, Waaree Renewable Technologies (NSE: WAAREERTL) shares fell nearly 8% despite the company reporting strong first-quarter FY27 revenue and profit growth. The decline caught many investors off guard because companies that post solid earnings often see positive market reactions. This time, traders focused more on high valuations and profit booking than on…