Alphabet fell more than 4% in after-hours trading after raising its capital expenditure forecast for 2026 to $195-$205 billion, while reporting second-quarter revenue of $119.8 billion. Tesla declined 3% with adjusted earnings of 33 cents per share, missing expectations by 18 cents, despite revenue of $28.24 billion beating forecasts. ServiceNow rose more than 2% following better-than-expected second-quarter results with 90 cents adjusted earnings per share on $3.99 billion in revenue. United Rentals jumped 10% after beating second-quarter estimates and raising full-year guidance with targeted revenue of $17.5 to $17.8 billion. Medpace Holdings surged 19% after beating second-quarter consensus and raising full-year guidance.
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