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Coming up for to watch Wednesday, July 22nd.
00:09 Speaker A
Earnings taking center stage with Alphabet and Tesla setting the tone for one of the market’s biggest stories, artificial intelligence.
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For Alphabet, the big question is whether its massive AI spending is producing real results. Google Cloud grew 63% last quarter while use of its Gemini AI model continues to climb.
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And let’s watch in cloud growth, the size of the backlog and whether its core search business can hold up as Open AI and Anthropic gain ground.
00:43 Speaker A
Another Mag 7 name announced results for the second quarter on Wednesday. Tesla’s report given a pulse on the EV industry and global demand.
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It’s coming after Elon Musk company announced robo taxi service expansion in Florida.
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And let’s also listening for any commentary on the earnings call about the launch of the three-row Model Y.
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Other reports to keep an eye on Wednesday are tech earnings from IBM, AT&T and ServiceNow and Texas instruments.