US Stock Market Today: Futures Fall as Tech Cash Burn Meets $99 Oil
U.S. stock futures fell Thursday as two megacap results exposed a costly split. Revenue growth stayed strong. Cash conversion did not.
Intel earnings put spotlight on AI-fuelled stock rise and crucial data-center showing
Intel is required to show in its second-quarter results that AI server demand is yielding profits. U.S. cash markets remained closed at the time. The firm plans to announce earnings after Thursday's closing bell.
SoFi Technologies (NASDAQ:SOFI) trades at 28 times earnings ahead of Q2 report
SoFi heads into Thursday’s premarket trading close to analysts’ median price target.
IBM (NYSE:IBM) implied free-cash-flow yield widens to 8% as company trims outlook
Shares of International Business Machines Corporation hovered near $205.79 ahead of Thursday's
Tesla (NASDAQ:TSLA) Shares Dip Ahead of $16.7 Billion H2 Spending Challenge
NEW YORK, July 23, 2026, 05:10 EDT – Tesla stock fell as
UiPath (NYSE:PATH) Shares Drop 11% After Industry Warning Raises Demand Concerns
UiPath Inc. dropped 11.1% on Wednesday after an automation sector peer flagged
Super Micro Computer (NASDAQ:SMCI) shares climb amid projected $847 million margin shift
Super Micro shares surged on margin strength, as the server manufacturer almost doubled its initial gross-margin outlook. Revenue figures did not deliver matching gains.
Meta Platforms (NASDAQ:META) set for almost twofold surge in quarterly capital expenditure rate
Meta Platforms, Inc. will have to almost double its average quarterly capital expenditures rate in line with the midpoint of its 2026 outlook.
Ondas Inc. (NASDAQ:ONDS) climbs after $70 million in orders; focus turns to converting backlog to revenue
Nasdaq’s standard trading hours ended. The after-hours market was still active at the dateline. Ondas ended the main session up 4.4% at $8.00.
Alphabet (NASDAQ:GOOGL) earnings: Cloud segment accounts for 63% of operating profit increase, while free cash flow slips into negative territory
NEW YORK, July 22, 2026, 4:18 p.m. EDT — Alphabet said its cloud division was responsible for 63% of its operating profit growth, but free cash flow fell below zero in the period.
Shares in NIO Inc. (NYSE:NIO) Fall as Chip Investment Suggests Approximately $760 Million
NIO’s remaining interest in GeniTech is valued at around $763 million, representing 7.8% of NIO’s market capitalisation of $9.75 billion. The figure is based on publicly disclosed financing details and the most recent share count.
Palantir (NASDAQ:PLTR) shares fall 6% after software outlook rattles lofty 42-times-sales valuation
Palantir stock fell 6.4% on Wednesday amid a widespread selloff in software names. The session also featured a new alert over postponed AI buying. U.S. cash markets stayed open.
SoundHound AI Shares Dip Ahead of August 5 Results With Revenue Growth Under Scrutiny
Shares of SoundHound AI, Inc. declined 1.8% on Wednesday. In a separate development, the company set August 5 for its second-quarter earnings report. The latest update did not include any financial figures.
ServiceNow (NYSE:NOW) Stock Falls After Q2 Backlog Fails to Impress, Despite Revenue Increase
NEW YORK, July 22, 2026, 12:05 p.m. – Shares of ServiceNow declined as investors reacted to a lackluster Q2 backlog performance, even though the company reported an uptick in revenue.
Micron (NASDAQ:MU) shares jump 12% as AI-driven memory prices come under scrutiny
Shares of Micron Technology, Inc. dipped 0.3% on Wednesday following a 12.2% jump in the previous session. The surge lifted the company's market capitalization by roughly $119 billion, according to an initial estimate.
Netflix (NASDAQ:NFLX) Stock Rises as Investors Weigh $27 Billion Buyback Against Slower Growth
Netflix, Inc. shares rose 2.2% to $70.15 at 10:58 a.m. EDT. U.S. markets remained open, while the main indexes were mixed.
Bitmine (NYSE:BMNR) share repurchase responsible for bulk of weekly Ether-per-share increase
Shares of Bitmine Immersion Technologies, Inc. climbed 4.6% to $18.02 in early Wednesday trade as investors analyzed the company’s recent focus on buybacks in its weekly capital allocation.
Archer Aviation reveals Halo launch partner Marubeni, skips order value after 20% stock surge
NEW YORK, July 22, 2026, 09:07 EDT — Archer Aviation has named Japan’s Marubeni as its initial partner for the global Halo service debut, but did not announce the value of the order following a sharp 20% rise in its shares.
Nokia Shares Fall After Analyst Projects Q2 Profit to Reach Seasonal Limit
Nokia Oyj dropped 1.3% to €9.26 on Wednesday. Early projections suggest second-quarter earnings are at the top end of Nokia’s usual range.
Tencent (HKG:0700) tumbles 7% as gaming concerns and buyback halt weigh on shares
Tencent dropped 7.1% on Wednesday, marking its steepest fall in over a year. Analysts pointed to worries about gaming revenue and increased focus on AI-related investments.
Ukraine F-16 Strike Highlights Lockheed Martin’s Expanding Missile Business
A senior U.S. general announced that Ukraine's F-16s achieved their first air-to-air kill. Earlier that day, Lockheed Martin posted its quickest rise in missile sales.
Transocean (NYSE:RIG) Shares Climb, Helped by Oil Gains and Extended Backlog
NEW YORK, July 23, 2026, 09:06 EDT – Shares of Transocean advanced alongside stronger oil prices as the company's latest backlog update showed a tilt toward longer contract durations.
Tractor Supply Company (NASDAQ:TSCO) Shares Edge Up Premarket, Store Expansion Offsets Decline in Traffic
Shares of Tractor Supply Company gained 2.9% in premarket trading on Thursday. The stock was pointed at $30.22, compared to its Wednesday closing price of $29.36. U.S. cash markets were not yet open.
RTX Shares Surge as 2026 Earnings Guidance Doubles Pace of Revenue Growth
Shares of RTX Corporation were seen at $205.70 as of 9:00 a.m. EDT, up 5.6% compared to the previous close of $194.88 on Wednesday. S&P 500 futures slid roughly 0.5%.
US Stock Market Today: Futures Fall as Tech Cash Burn Meets $99 Oil
U.S. stock futures fell Thursday as two megacap results exposed a costly split. Revenue growth stayed strong. Cash conversion did not.
Coeur Mining (NYSE:CDE) rises after Las Chispas drilling plan delivers added efficiency per dollar
Shares of Coeur Mining, Inc. gained 3.5% on Wednesday, marking the first complete trading day following the exploration update released on Tuesday. The stock ended the session at $15.84.
Ford (NYSE:F) falls as Spain deal highlights 370,000 idle factory slots
DETROIT, July 23, 2026, 08:07 EDT – Ford shares declined after an agreement in Spain drew attention to the automaker’s 370,000 unused production slots, intensifying concerns over plant underutilization.
Duke Energy (NYSE:DUK) outages highlight North Carolina rate recovery questions
On Thursday, North Carolina accounted for 97% of Duke Energy outages reported, despite making up just 45% of the utility's monitored customer base.
Lockheed Martin (NYSE:LMT) gains as demand extends above THAAD orders
Shares of Lockheed Martin surged ahead of Thursday’s opening bell following stronger-than-expected earnings. The company’s executives also lifted forecasts for 2026 revenue, earnings and free cash flow. U.S. core trading gets underway at 9:30 a.m. EDT.
Honeywell (NASDAQ:HON) shares climb after automation orders surge 16%
Honeywell International Inc., trading as Honeywell Technologies, updated its 2026 profit forecast higher on Thursday. Shares advanced in premarket trading, even as U.S. futures slipped.
Amazon (NASDAQ:AMZN) shares decline as almost all operating cash flow goes to capex
Amazon.com, Inc. allocated 99% of its trailing operating cash flow towards net capital expenditures. Cash conversion is now the stricter metric for investors.
Intel earnings put spotlight on AI-fuelled stock rise and crucial data-center showing
Intel is required to show in its second-quarter results that AI server demand is yielding profits. U.S. cash markets remained closed at the time. The firm plans to announce earnings after Thursday's closing bell.
SoFi Technologies (NASDAQ:SOFI) trades at 28 times earnings ahead of Q2 report
SoFi heads into Thursday’s premarket trading close to analysts’ median price target. Shares finished Wednesday at $17.07 and nudged higher to $17.10 before the bell.
Fort Knox Gold Holdings Account for 2.7% of U.S. Debt as $1.07 Trillion Stock Debated
WASHINGTON, July 23, 2026, 07:09 EDT — As a debate over Fort Knox unfolds, data shows that the U.S. gold reserve, valued at $1.07 trillion, is sufficient to cover just 2.7% of the country’s total debt.
Egg recall from supplier impacting Kroger (NYSE:KR) amounts to 0.25% of monthly U.S. production
Midwest Poultry Services has pulled white-shell and brown cage-free eggs made at a pair of Texas facilities after environmental tests suggested a potential risk of Salmonella Enteritidis. As of Wednesday, there were no reports of illness connected to the eggs.
Opendoor Technologies Inc. (NASDAQ:OPEN) Contracts Rise 12%, Margins Remain Key Watchpoint
Opendoor said weekly acquisition contracts rose 12%, according to its most recent operating update. The figures cover the week to July 18.
Nu Holdings (NYSE:NU) Surge Puts Spotlight on Premium Valuation as Bank License Efforts Progress
Shares of Nu Holdings Ltd. dipped 0.5% to $14.44 in Thursday’s premarket, following a three-session climb of 6.8%. U.S. cash markets were shut at the dateline.
TSA Gold+ launches $12.9 billion contest for airport screening, though stock upside remains capped
The TSA’s $12.9 billion Gold+ contract received a clear start this week, with three airports expected to be added in the coming year. However, the headline number for investors should be viewed with caution, as the amount represents a collective cap.
STMicroelectronics (EPA:STMPA) declines after profit falls short, raising questions over AI surge
Shares of STMicroelectronics N.V. dropped 13.6% to €50.32 as of 11:48 CEST on Thursday. The company's second-quarter EBITDA came in almost 15% below expectations. An increased AI data-centre goal did not offset the disappointment.
IBM (NYSE:IBM) implied free-cash-flow yield widens to 8% as company trims outlook
Shares of International Business Machines Corporation hovered near $205.79 ahead of Thursday's session. IBM reduced its revenue guidance but maintained its cash forecast. U.S. core markets open at 9:30 a.m. EDT.
Nokia (HEL:NOKIA) Surpasses Profit Forecast; AI Orders Now Six Times Greater Than Sales
Nokia Oyj posted a quarterly profit that beat expectations, boosted by stronger demand from data centres. The stock was last up 1.0% in late-morning trade in Helsinki.
Tesla (NASDAQ:TSLA) Shares Dip Ahead of $16.7 Billion H2 Spending Challenge
NEW YORK, July 23, 2026, 05:10 EDT – Tesla stock fell as investors focused on the upcoming $16.7 billion in expenditures set for the second half of the year, raising concerns about the electric vehicle maker’s financial pressures.
UiPath (NYSE:PATH) Shares Drop 11% After Industry Warning Raises Demand Concerns
UiPath Inc. dropped 11.1% on Wednesday after an automation sector peer flagged AI-related purchasing delays. The decline drew attention to a less discussed concern: UiPath’s outlook suggests softer sequential growth in annual recurring revenue.
AT&T (NYSE:T) Shares Rise Further After Subscriber Growth Fuels Buyback Plans
AT&T Inc. climbed further in premarket trade on Thursday, following its recent earnings report. The stock was set at $23.24 just before 5 a.m. EDT, after finishing Wednesday’s session at $23.04.