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Super Micro Computer surged 24% after revealing a $60 billion record backlog and nearly doubling its gross margin guidance to 15-17% from 8.2-8.4%. Revenue came in near the low end. Here is what moved the stock and where it goes next.

Intel reported Q2 2026 earnings after the close on July 23. Revenue, EPS, Data Center growth, and the first 18A external foundry revenue update. Here is what the numbers say and where INTC goes next.

Micron shares rose in pre-market trading, nearing the $1,000 threshold once again, primarily driven by robust capital expenditures from Tesla and Google.

Tesla's profit margins plunged and its free cash flow turned negative, triggering an investor sell-off that sent its shares down more than 6%.

Alphabet's surging capital expenditures and negative cash flow have weighed heavily on its stock price, which may continue to trend downward and test a bottom of $270.

On July 23, Eastern Time, the three major U.S. stock indices declined across the board. In their second-quarter earnings reports, both Alphabet (GOOGL) and Tesla (TSLA) saw free cash flow turn negative, as massive capital expenditures pressured their share prices. However, sector performance remained divergent, with memory stocks rising against the trend and the Philadelphia Semiconductor Index edging up 0.09%.


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