WS #13544
DoorDash beats with strong Q2 (orders +27%, revenue +36%, EBITDA +40%) but Piper Sandler stays Neutral; AppLovin plunges to 52-week lows on mixed results and downgrades; Figma and Klaviyo fall on earnings. SpaceX shares rise despite insider selling opportunity as 900M+ share lockup expires; Alphabet's $25B bond sale draws $115B demand but negative FCF and AI capex concerns persist.
Tech earnings divergences
DoorDash beats with strong Q2 (orders +27%, revenue +36%, EBITDA +40%) but Piper Sandler stays Neutral; AppLovin plunges to 52-week lows on mixed results and downgrades; Figma and Klaviyo fall on earnings.
SpaceX shares rise despite insider selling opportunity as 900M+ share lockup expires; Alphabet's $25B bond sale draws $115B demand but negative FCF and AI capex concerns persist.