After-Hours Stock Movers:

Alphabet (NASDAQ: GOOGL)

Alphabet traded flat despite crushing Q2 estimates with an EPS of $9.11 ($6.23 ahead of expectations) on $119.8 billion in revenue. Investor interest was further bolstered by the announcement that the Gemini app has reached 950 million monthly active users. However, market heavyweights weighed continued massive AI capital expenditure plans against immediate profit margins, keeping shares range-bound.

Tesla (NASDAQ: TSLA)

Tesla fell 2.25% after missing Q2 profitability expectations, posting an EPS of $0.33 against the $0.49 analyst estimate. Revenue came in higher than anticipated at $28.24 billion, but ongoing price cuts and automotive margin compression weighed on investor sentiment.

ServiceNow (NYSE: NOW)

ServiceNow edged up 4% following a solid Q2 beat, reporting an EPS of $0.90 on $3.99 billion in revenue. The enterprise software maker faced some headwinds as its Q3 subscription revenue guidance of $3.975B–$3.98B trailed consensus estimates of $4.01B. Still, strong enterprise AI adoption and solid core platform demand helped keep the stock in green territory.

IBM (NYSE: IBM)

IBM shares rose 3% despite second-quarter results missing consensus expectations. The stock found support as investors had already priced in negative sentiment following a profit warning issued the prior week. The rebound reflects relief that the underlying software and consulting pipelines are stabilizing after recent market volatility.

Texas Instruments (NASDAQ: TXN)

Texas Instruments fell 3% despite a strong top- and bottom-line Q2 beat and upbeat Q3 revenue guidance of $5.65B–$6.15B. The analog chipmaker delivered an EPS of $2.09 on $5.46 billion in revenue, topping Wall Street targets. However, profit-taking took hold following recent rallies across the broader semiconductor sector.

Molina Healthcare (NYSE: MOH)

Molina Healthcare traded slightly lower despite a solid Q2 beat and an raised bottom-line outlook, reporting an adjusted EPS of $1.51 (beating estimates of $1.39) on total revenue of $10.87 billion. Management raised its full-year adjusted EPS guidance by $0.25 to at least $5.25 per share while reaffirming its full-year premium revenue guidance at approximately $42 billion. The mild pressure on the stock reflects lingering broader market caution around elevated medical care ratios (MCR) across government-sponsored healthcare programs.

United Rentals (NYSE: URI)

United Rentals surged 5% after comfortably beating Q2 projections with an EPS of $12.76 on revenue of $4.41 billion. Management also raised full-year 2026 revenue guidance to $17.5B–$17.8B, well above Wall Street's $17.28 billion forecast. Persistent demand for heavy industrial equipment and large-scale infrastructure projects continues to drive strong growth for the rental giant.