Tesla, Alphabet, LVMH under pressure on earnings: 3 Things

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Tesla (TSLA) stock is falling in pre-market trading after reporting mixed second-quarter earnings results on Tuesday, expecting a "notably lower" growth rate throughout 2024.

Alphabet (GOOG, GOOGL) shares are also down in extended hours despite narrowly topping earnings estimates and seeing a promising performance from its cloud segment.

French fashion company LVMH (MC.PA), the parent of brands such as Marc Jacobs and Dior, reports a pullback from core Chinese consumers, contributing to its second quarter revenue decline year-over-year.

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This post was written by Luke Carberry Mogan.