CoinEx News: Tesla and Alphabet will both release Q2 2026 results after the US market closes on July 22, marking the start of the key Big Tech earnings stretch that markets are watching for AI capital expenditure signals.

Tesla has already posted 480,126 vehicle deliveries and 13.5 GWh of energy storage; focus now shifts to automotive margins and updates on Robotaxi and Optimus. Alphabet’s report will scrutinize Google Cloud growth, AI Search monetization and the return on heavy AI spending.

Analysts see the upcoming wave of hyperscaler earnings (Alphabet first, followed by Microsoft, Meta and Amazon) as a potential catalyst for oversold AI-related and semiconductor stocks, after recent sharp declines. The twin releases will test whether the AI investment cycle remains intact or faces a reality check, with implications for broader risk appetite across US tech and crypto markets.