Alphabet Slips, Hit by Higher ‘TAC,’ Says Pivotal

Alphabet's shares slipped in late trading, despite a quarterly revenue and earnings beat. Baird said the earnings beat was propped up by a lower tax rate, while Pivotal Research said the company took on higher costs, known as "TAC," which has bad implications for future profitability.

Rambus Rising on Q2 Beat, Higher Q3 View

Chip technology maker Rambus, which has expanded into areas of digital payments and computer security, saw its shares rise by almost 3% in late trading, after it beat expectations for quarterly results, and forecast the current quarter higher as well.

Alphabet Slips Despite Q2 Revenue, EPS Beat

Google shares were down by 2% in late trading despite the company delivering decent upside to Wall Street estimates, as the number of clicks it delivers surged by 52%, offsetting pricing declines of 23%.

Tech Today: Everspin Falls, Google Q2 on Tap, Debating Nvidia, Applied Opto

Google reports its quarterly results after the closing bell, with investors mulling whether search momentum will be maintained, Everspin shares plunged on no apparent news, Micron Technology is experiencing favorable trends, Pandora gains an activist participant in Jana Partners, Applied Material names a new CFO, Nvidia investors wonder if the stock will ever again be at a price they like, and bulls kept the faith on fiber optics maker Applied Optoelectronics.