Alphabet Stock Falls 7%, Tesla Drops 14.5% as Wall Street…
Alphabet and Tesla reported earnings after the market closed on July 22, and both were punished in the same trading session for the same reason. Alphabet shares fell 7.13% to $317.69 on July 23 despite stronger-than-expected revenue and an 82% increase in Google Cloud sales. Tesla dropped 14.52% to $319.69 after its capital expenditure surged
