Tesla reported 2026 second-quarter EPS of 33 cents, down 18% year over year and well below expectations of 51 cents, even as revenue rose 28% to $28.2 billion and topped forecasts. Automotive gross margin came in at 16.3% and declined from the prior quarter. The company’s capital spending pace was not tracking its full-year target, and the stock fell sharply in after-hours trading, testing a three-month low.

IBM reported 2024 second-quarter revenue of $17.16 billion, above the $16.86 billion consensus estimate, and adjusted earnings of $2.93 per share, topping expectations of $2.86. Software revenue rose 5% year over year, while infrastructure revenue fell 7%. The company lifted its full-year revenue forecast to $70.24 billion–$70.91 billion and said free cash flow is expected to increase by about $1 billion from a year earlier. Shares gained 2.42% in after-hours trading following the release.

Alphabet (Google) reported after the close that second-quarter capital expenditures totaled $45.1 billion, in line with its full-year $180 billion to $190 billion AI infrastructure guidance. WTI crude rose 2.8% to $86.66 a barrel after President Donald Trump threatened retaliation for attacks by Iran in the Strait of Hormuz. Technology shares broadly weakened, leaving the Nasdaq down 0.6%, the S&P 500 off 0.1% and the Dow slightly lower. Constellation Energy is scheduled to report second-quarter earnings on Thursday, August 6.

IBM on July 22 cut its 2026 revenue growth forecast to 4%–5%, down from its prior guidance of more than 5% and below the analysts’ average estimate of a 4.8% increase. The change follows a 42% drop in second-quarter revenue from IBM’s Z mainframe, which pulled infrastructure revenue down 7%, while software revenue rose 5% but fell short of expectations. Second-quarter revenue increased 1% to $17.16 billion, missing estimates of $17.58 billion, and adjusted profit of $2.93 per share also came in below forecasts.

AtlasClear Holdings (NYSE American: ATCH) has signed a non-binding letter of intent to acquire a profitable, internationally licensed institutional digital-asset business, and it has revised the terms of its planned acquisition of Dawson James. The amended terms are expected to allow an initial closing of 24.9% equity in about 30 days, with full ownership subject to regulatory and shareholder approvals. The company said the two transactions together are expected to add $35.4 million in 2025 revenue and $6.7 million in combined EBITDA, and based on unaudited revenue through June 2026, the combined 2026 revenue run rate is over $56 million.

Bell Potter upgraded Regal Partners Ltd (ASX: RPL) to Buy and set a $4.80 price target after preliminary H1 2026 results pointed to normalised NPAT doubling to at least $90 million. The broker also cited net funds under management inflows of more than $1.3 billion for the half. Bell Potter said the company’s guidance should be treated as a floor rather than a cap.

Houthi forces have escalated their Red Sea blockade, raising concerns over global shipping and energy supplies. Japan, which relies heavily on Middle East oil imports, saw the yen slide below 163 per dollar for the first time since 1986, fueling expectations the Bank of Japan could raise interest rates faster. Meanwhile, API data showed U.S. crude inventories unexpectedly rose by 2.603M barrels, offsetting some risk tied to the Red Sea. The article also flags a pullback in chip stocks and a split in early flows among the “Magnificent Seven,” with Alphabet and Microsoft seeing inflows while Tesla and Apple saw outflows.

OCEAN has launched Portal, which it describes as the world’s first end-to-end encrypted dashboard for Bitcoin mining pools. Built for Bitcoin miners, the product focuses on secure, privacy-enhanced monitoring and management of pool operations. OCEAN positioned the release as a key infrastructure-layer deployment of the OCEAN protocol, extending its footprint from a data-economy focus toward a hashrate-economy ecosystem. The company said Portal is a mainnet-grade launch rather than a concept preview or beta, and it directly ties to OCEAN token protocol usage intensity and scenario expansion.