Stock Market Today: Live Updates

Let’s take a look at some of the companies that are garnering attention in extended trading.

Alphabet — The tech giant fell 1% even though its second-quarter sales and profits both beat expectations. Alphabet earned $1.89 a share on revenue of $84.74 billion. The consensus estimate was for earnings of $1.84 a share on revenue of $84.19 billion. But revenue from its YouTube advertising unit fell short of expectations.

Tesla — Shares of the electric car maker fell 4.7% after its second-quarter profit fell short of expectations. Tesla reported adjusted earnings per share of 52 cents, compared with analysts surveyed by LSEG’s forecast of 62 cents per share. Meanwhile, the company posted quarterly revenue of $25.5 billion, slightly above the market forecast of $24.77 billion.

Visa — Shares fell more than 2% after the company reported weaker-than-expected third-quarter earnings. Visa reported revenue of $8.9 billion, slightly below the $8.92 billion expected by analysts surveyed by LSEG, while payment volume grew 7% in the quarter.

Seagate — Seagate shares rose more than 6% after the company reported fourth-quarter earnings and revenue that beat expectations. Seagate earned $1.05 per share, excluding overhead, on revenue of $1.89 billion. Analysts surveyed by LSEG had expected earnings of 75 cents per share on revenue of $1.87 billion. The company attributed the strong performance to an improving cloud environment.

You can see the complete list here.

— Kim Hagyeong