Tesla shares fell nearly 6% after reporting a Q2 earnings miss, with free cash flow turning negative as margins came under pressure. Alphabet dropped 4.5% after raising its 2026 capex outlook to between $195 billion and $205 billion to boost AI capabilities. Lockheed Martin surged 6% after beating Q2 estimates with earnings of $7.94 per share on revenue of $20.06 billion. IBM also missed expectations, while Texas Instruments beat estimates but still fell 3.2%.
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