Alphabet ($GOOGL) and Tesla Earnings: What Retail Wants July 22

With Netflix already face-down on the mat after two straight quarters of slowing growth, the earnings baton passes to the names retail traders actually care about. July 22 is the date circled in red: $GOOGL, $TSLA, and $GEV all report, and the questions are spicy.

Alphabet is the best-looking mega-cap chart right now according to IBD's breakdown, with earnings expected up 24% and revenue up 21%. That's not a typo. After Nvidia's AI capex narrative started cracking and TSMC dropped 7.3% on elevated spending guidance, everyone wants to know if Google's cloud and AI bets are actually printing money or just burning it. T. Rowe Price's Sebastian Page is loudly bullish on AI through the next 12 months, citing $3 trillion in expected AI capex, so the pressure is on Alphabet to validate that thesis.

GE Vernova is the sleeper: earnings expected up 84% with a $163 billion backlog, but it has a nasty habit of gapping up then fading post-earnings. Tesla, meanwhile, is retail's eternal optimism machine regardless of what the actual numbers say. If the earnings week matches the setup, July 22 is going to feel like the Super Bowl for stock-app doomscrollers everywhere.