Buyout groups are seeking software bargains after the 'SaaS-pocalypse', according to the Financial Times.

Alphabet reported Q2 adjusted earnings of $9.11 per share, above the $2.88 consensus, and raised FY 2026 capex guidance to $195B-$205B, causing the stock to fall.

US stocks ended mixed, with the Dow gaining just under half a percent, the S&P 500 virtually flat, and the tech-heavy Nasdaq sliding nearly two-thirds of a percent.

US indices close mixed on July 24; Dow up 0.45%, S&P up 0.05%, Nasdaq down 0.64%; crude oil settles at $89.31; Trump: Iran not ready to make a deal; US new-home sales 0.628M vs 0.610M estimate; July Flash S&P Global Manufacturing 53.8 vs 54.3 estimate; Canada June PPI -1.4% vs -0.4% expected; Canada new housing price index June -0.1% vs -0.3% last month.

U.S. stocks stabilized on Friday as oil retreated on peace talk hopes, with the Dow Jones Industrial Average up 0.5%, the S&P 500 up 0.1%, and the Nasdaq composite down 0.6%.

S&P 500 rose 0.05%, Nasdaq fell 0.11%, and Dow Jones rose 0.20% at market open on July 24.

Strong corporate earnings have beaten expectations but failed to lift investor sentiment amid concerns about AI spending and economic growth.

Nasdaq and S&P 500 futures showed mixed movement as oil prices surged and Trump tariffs created uncertainty; retail sentiment on SPY and QQQ shifted toward extremely bearish.

Wall Street indexes closed lower with Nasdaq declining over 2% as technology earnings raised concerns about AI spending returns, while rising oil prices stoked inflation worries and lifted bond yields.

Asian stocks fell 0.8% after a tech-led Wall Street selloff, with the S&P 500 down 1.2% and the Nasdaq 100 down 1.9%, driven by concerns over AI spending returns amid Alphabet's 7.1% drop and Tesla's 15% tumble.

Asian equities opened lower following Wall Street declines driven by Alphabet and Tesla earnings, rising oil prices, higher Treasury yields, and escalating geopolitical tensions.

Alphabet shares fell 7% after the company announced capital expenditure of roughly $200 billion for 2026, reflecting aggressive AI investment plans.

Oil prices surge and stock market weakness intensifies amid Middle East tensions and rate-hike expectations.

The Magnificent Seven technology stocks fell $767 billion in a single day, their largest one-day decline since April 2025, as earnings from Alphabet and Tesla raised doubts about the artificial intelligence trade.

Rockefeller's CIO warns that Big Tech's $650 billion AI infrastructure spending may conceal significant overbuilding risks that markets have not adequately priced in.

Tesla's stock fell sharply after earnings call left investors with unresolved questions about management's spending plans.

U.S. equity indices opened lower on July 23, 2026: NASDAQ down 449.63 points (1.75%), S&P 500 down 85.14 points (1.14%), and Dow Jones down 602.85 points (1.15%).

S&P 500 recorded a -157.6 million imbalance, NASDAQ 100 -38.2 million, DOW 30 -82.9 million, and MAG 7 -34.7 million.

Tesla reported Q2 adjusted earnings of $0.33 per share, missing the $0.51 estimate, with revenue of $28.24 billion beating the $26.32 billion estimate, causing the stock to slide in extended trading.