Intel Corp (NASDAQ:INTC, XETRA:INL) shares jumped nearly 11% in after-hours trading after the chipmaker reported second quarter results that exceeded Wall Street expectations, driven by stronger demand across its data center and client computing businesses and a better-than-expected outlook for the third quarter.
The company reported second quarter revenue of $16.1 billion, up 25% from a year earlier and above analyst expectations of $14.43 billion.
American Airlines Group Inc (NASDAQ:AAL, XETRA:A1G) shares fell about 8% Thursday after the carrier reported better-than-expected second quarter results but issued a cautious outlook for the third quarter amid rising fuel costs.
The company reported adjusted earnings of $0.15 per share for the quarter, ahead of Wall Street expectations of $0.03 per share.
T-Mobile US Inc (NASDAQ:TMUS, XETRA:TM5) shares fell about 5% in early trade on Thursday after the wireless carrier reported second quarter results that topped Wall Street expectations on earnings but narrowly missed revenue estimates.
The company reported adjusted earnings per share of $2.99 for the quarter, ahead of analyst expectations of about $2.55.
374Water Inc (NASDAQ:SCWO, FRA:8LL) announced that a newly released US Army Corps of Engineers technical report independently validated its AirSCWO technology, documenting a 99.9993% destruction and removal efficiency for PFAS in aqueous film-forming foam (AFFF) during a demonstration conducted with Arcadis.
The report, published by the US Army Engineer Research and Development Center (ERDC), evaluated the company's AirSCWO system at 374Water's waste destruction facility in Orlando, Florida.
RTX Corp (NYSE:RTX, XETRA:5UR) shares rose about 8% in early trading Thursday after the aerospace and defense company reported better-than-expected second quarter results and raised its full-year 2026 outlook.
The company reported adjusted earnings per share of $1.89 on revenue of $24.7 billion for the quarter, ahead of analyst expectations for adjusted EPS of $1.66 on revenue of $22.88 billion, according to consensus estimates.
Southwest Airlines Co (NYSE:LUV) shares fell about 5% in early trading Thursday after the airline reported stronger-than-expected second-quarter results but issued a third-quarter earnings outlook that fell below Wall Street expectations.
The company reported adjusted earnings per share of $0.94 for the second quarter, ahead of consensus estimates of $0.51.
International Business Machines Corp (NYSE:IBM) shares were set to open about 2% lower on Thursday after the technology company reported second-quarter revenue and adjusted earnings that missed Wall Street expectations while lowering its full-year constant currency revenue growth forecast.
For the quarter, IBM reported adjusted earnings per share of $2.93, below the $2.97 expected by analysts, while revenue rose 1% year-over-year to $17.16 billion, missing the LSEG consensus estimate of $17.58 billion.
Replenish Nutrients Holding Corp (CSE:ERTH, OTC:VVIVF, FRA:7KE) has closed the $7.5 million equity portion of a previously announced $15 million strategic investment from SRC Agrominerals Sales, the company said.
The $7.5 million convertible debenture investment is expected to close on or about August 14, 2026.
SEGRO PLC (LSE:SGRO) shares jumped 7% to 957p in early trading on Thursday after the board of the warehouse developer said it "would be minded" to recommend the "best and final" takeover proposal made by Prologis Inc (NYSE:PLD), after the US logistics property group raised its offer and committed to a secondary London listing.
Prologis offered 0.092 new shares for each Segro share, alongside a partial cash alternative of up to £3.5 billion. Based on Prologis's closing price on Tuesday, the proposal valued Segro shares at 1,031.7p each and the company at around £14 billion.
Tesla Inc (NASDAQ:TSLA) managed the unusual feat of selling more cars than ever before and being punished for it, with shares falling 4% after hours and wiping roughly $71 billion from the electric carmaker's value.
Start with the good, because there genuinely is some. Revenue of $28.24 billion was up 26% year-on-year and comfortably ahead of the $25.71 billion analysts had pencilled in.
Alphabet Inc (NASDAQ:GOOG) shares fell almost 3% after hours, wiping almost $125 billion from its valuation, despite second-quarter results that beat Wall Street forecasts on both revenue and earnings.
The Google parent reported revenue of $119.8 billion and earnings per share of $9.11, against analyst expectations of $116.9 billion.