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🇺🇸 US Markets Brief

🎯 TXN, NXPI, ENPH drop on weak outlooks; SAP misses cloud target; US-Indonesia trade deal boosts minerals.


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🔸 Alphabet $GOOGL extended its rally to 10 sessions ahead of Q2 earnings, outperforming a down Nasdaq.
🔸 Block’s Square enabled Bitcoin $BTCUSD payments for its 4 million merchants via the Lightning Network.

🔸 SAP $SAP missed cloud revenue targets despite 9% overall growth; shares slipped ~2%, weighing on German tech.
🔸 Enphase Energy topped Q2 estimates but issued a below-consensus Q3 outlook, sending shares down ~5% after hours.

🔸 Texas Instruments $TXN fell up to 11% after Q2 beat but Q3 guidance flagged soft auto demand, tariffs, and inventory headwinds; NXP Semiconductors $NXPI dropped ~5% on weak outlook and continued sector softness.