A look at companies that were trending in premarket trading: Alphabet — Shares of Google’s parent company fell about 4% before the open. Alphabet’s YouTube division’s advertising revenue fell short of expectations in the second quarter, overshadowing results that beat analysts’ estimates for revenue and profit. Tesla — Shares of the electric car company fell about 9% after second-quarter profit missed expectations. Tesla’s revenue of $25.5 billion beat Wall Street expectations of $24.77 billion, respectively. Texas Instruments — Shares of the chipmaker rose about 2% after second-quarter profit beat expectations. Texas Instruments reported earnings of $1.22 a share, compared with the $1.17 expected by analysts surveyed by LSEG. Madison Square Garden Entertainment — The live entertainment stock rose 3.3% after Goldman Sachs upgraded it to buy from neutral.Goldman said the stock is focused on the venues business and investors may be buying after the stock’s recent weakness. Visa — Shares in the credit card company fell more than 3% after third-quarter earnings fell short of expectations. Visa’s revenue of $8.9 billion was slightly below the $8.92 billion expected by analysts surveyed by LSEG. AT&T — The telecommunications giant rose almost 3% after it reported it added 419,000 monthly mobile subscribers, well above the consensus estimate of analysts surveyed by FactSet. AT&T’s quarterly earnings per share were in line with analysts surveyed by LSEG’s expectations, but revenue fell short of market expectations. Capital One — The financial stock fell about 1% after its second-quarter report fell short of expectations. Capital One earned an adjusted $3.14 per share on net revenue of $9.51 billion. Analysts had expected earnings of $3.39 a share on revenue of $9.57 billion, according to FactSet. Meta Platforms — The social media stock fell about 3% after Meta announced a free version of its Llama artificial intelligence model. Seagate Technology — The computer hardware company’s shares rose nearly 4% on better-than-expected fourth-quarter results. Seagate reported earnings of $1.05 a share, excluding items, on revenue of $1.89 billion. Analysts surveyed by LSEG expected earnings of 75 cents a share and revenue of $1.87 billion. Enphase Energy — The solar energy stock rose more than 2% in premarket trading despite missing Wall Street expectations. Second-quarter results showed improved margin growth, and Enphase issued a better-than-expected third-quarter revenue outlook, saying it would be in the range of $370 million to $410 million. Analysts surveyed by LSEG expected $404 million. —CNBC’s Alex Harring, Sarah Ming and Jesse Pound contributed reporting
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