Tech Giants Shock Markets with Stellar Earnings – Who’s Buying the Dip?

Big Tech just dropped earnings bombshells—and markets are scrambling to keep up.

Silicon Valley flexes its muscles again

Another quarter, another display of tech's iron grip on global markets. While traditional sectors flounder, FAANG stocks keep printing money like the Fed's going out of style.

The numbers don’t lie (but the guidance might)

Revenue beats across the board—yet whisper numbers suggest even these giants might be cooking the books with 'adjusted' metrics. Since when did EBITDA exclude R&D, payroll, and reality?

Wall Street’s love-hate tango continues

Analysts upgrade price targets while quietly trimming positions. Classic hedge fund move—talk your book, then dump shares on retail FOMO. Some things never change.

Tech's latest earnings spectacle proves one thing: in a world of shaky fundamentals, narrative still moves markets faster than actual profits. Until the music stops—again.

Analyzing Tesla’s Earnings

Bitcoin (BTC)$118,464 remains steady at $118,200, with Tesla’s actions confirming the company neither purchased nor sold Bitcoin in the last quarter. Meanwhile, ethereum (ETH)$3,596 prices dip below $3,600 due to underwhelming reports. Despite Bitcoin’s resilience, altcoins, led by ETH, took a hit throughout the day. Let’s begin with Tesla.

Tesla reported earnings per share (EPS) of 40 cents, slightly below expectations of 42 cents. Its revenue amounted to $22.5 billion, narrowly missing the forecast of $22.64 billion. However, the company’s gross profit margin was higher than expected at 17.2%, compared to the forecast of 16.5%. The operating income was reported at $923 million against a projected $1.23 billion. Now, let’s shift our attention to Google’s second-quarter earnings summary: crypto Traders Are Rushing to This App – Here’s Why You Should Too

Impressive Gains for Google And IBM

Google’s earnings per share came in at $2.31, beating the forecast of $2.18. Revenue reached $96.43 billion, outperforming the estimated $93.97 billion. Capital expenditures were reported at $22.45 billion, exceeding the anticipated $18.24 billion. The company’s cloud revenue hit $13.62 billion, surpassing expectations of $13.14 billion. Notably, YouTube advertising revenue was $9.80 billion, slightly ahead of the $9.56 billion forecast. Revenue excluding traffic acquisition costs was $81.72 billion, above the predicted $79.6 billion. Google’s advertising revenue totaled $71.34 billion, and operating income came to $31.27 billion. The year-end capital expenditure is projected at around $85 billion, above the previous estimate of $73.31 billion.

For IBM, the earnings per share were reported at $2.8, surpassing the anticipated $2.62. Revenue also exceeded expectations, reaching $16.98 billion against a forecasted $16.59 billion.

Except for Tesla, the earnings reports present a generally optimistic picture. However, the cryptocurrency market is facing challenges as this article is being prepared.