Let’s check out the companies that are becoming a hot topic for after-hours trading. Alphabet — Shares fell more than 4% after the company cited demand for artificial intelligence and raised its 2026 capital spending forecast to a range of $195 billion to $205 billion. Separately, Alphabet posted revenue of $119.8 billion in the second quarter, beating expectations of $116.93 billion, according to LSEG. ROLLINS — The pest control company fell about 10% after its second-quarter results fell short of Wall Street expectations. Rollins reported earnings of 30 cents per share on revenue of $1.08 billion, compared to the FactSet consensus of 34 cents per share and revenue of $1.09 billion. Management attributed the performance to slower growth in Parts Rollins’ residential pest control business. Shutterstock – The image, video and music platform fell 10% post-market after suspending its quarterly dividend. Former CEO Paul Hennessy resigned effective July 13, two weeks after Getty Images pulled out of the Shutterstock deal. ServiceNow — The enterprise software company’s stock rose more than 2%. ServiceNow had second-quarter revenue of $3.99 billion and adjusted earnings of 90 cents per share, beating analyst expectations. By comparison, LSEG’s consensus is 85 cents per share on revenue of $3.93 billion. The company also raised its full-year subscription revenue outlook. Las Vegas Sands — The casino operator suffered a 6% loss due to sales and earnings failures in its latest quarter. Las Vegas Sands posted adjusted earnings of 59 cents per share, below LSEG’s consensus call of 75 cents. Revenue also fell short of expectations, coming in at $3.15 billion versus the Street’s forecast of $3.33 billion. SL Green Realty – The New York City commercial real estate investment trust had second-quarter revenue of $171.8 million, below the analyst consensus of $179 million, according to FactSet data. SL Green was up 16% in the past three months leading up to the earnings release, nearly triple the S&P 500’s gain. The stock fell more than 4% in the last after-hours session. QuantumScape – The battery maker’s stock fell 3% after the company posted a loss of 16 cents per share in its latest quarter, narrower than the 18 cents per share loss that analysts had expected, according to FactSet. The company reaffirmed its guidance for a full-year adjusted loss of $250 million to $275 million before interest, taxes, depreciation and amortization, compared to the FactSet consensus estimate for a loss of $256 million. Medpace Holdings — The company, which provides outsourced clinical development services to healthcare customers, soared about 19% after its second-quarter earnings per share and revenue beat Wall Street analysts’ consensus estimates and its full-year earnings, revenue and EBITDA guidance beat Medpace’s prior expectations. CSX — Shares of the railroad operator rose 4% as strong demand for intermodal transportation and higher prices led to better-than-expected second-quarter results. CSX earned 54 cents a share, 2 cents more than analysts expected, according to FactSet. Revenue rose 10% to $3.94 billion, beating expectations of $3.89 billion. IBM — IBM stock rose about 2% despite reporting quarterly results that fell short of consensus estimates. The technology vendor issued an earnings warning last week. Adjusted earnings were $2.93 per share, 4 cents per share below consensus estimates, LSEG said. Revenue was $17.16 billion, slightly below expectations of $17.58 billion. Tesla — LSEG fell 3% after the EV maker reported adjusted earnings of 33 cents per share for the latest quarter, 18 cents less than expected. The company beat expectations for sales, posting $28.24 billion versus expectations of $25.71 billion. Texas Instruments — The chipmaker’s stock fell about 3% even though the company reported significant improvements in sales and bottom line profits. Earnings per share were $2.14, beating expectations of $1.93, according to LSEG. Revenue for the quarter was $5.46 billion, compared to the expected $5.25 billion. Southwest Airlines — The airline fell 1% following its quarterly results. LSEG said the company’s revenue was $8.43 billion, below expectations of $8.58 billion. Southwest Airlines’ third-quarter forecast was also below expectations. United Rentals — The equipment rental company rose 10% on the back of profit growth and higher guidance. United Rentals posted adjusted earnings of $12.76 per share on revenue of $4.41 billion in the second quarter, beating FactSet consensus estimates of $11.54 per share and $4.21 billion. The company also raised its full-year outlook, calling for revenue in the range of $17.5 billion to $17.8 billion, beating analysts’ expectations for $17.27 billion. —CNBC’s Scott Schnipper and Christina Cheddar-Berk contributed reporting
