{"id":65266,"date":"2026-07-23T06:38:13","date_gmt":"2026-07-23T10:38:13","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-defense-and-media-giants-beat-estimates-as-peacock-hits-profitability\/65266\/"},"modified":"2026-07-23T06:38:13","modified_gmt":"2026-07-23T10:38:13","slug":"tech-defense-and-media-giants-beat-estimates-as-peacock-hits-profitability","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/tech-defense-and-media-giants-beat-estimates-as-peacock-hits-profitability\/65266\/","title":{"rendered":"Tech, Defense, and Media Giants Beat Estimates as Peacock Hits Profitability"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Comcast (<a href=\"\/stock\/CMCSA\">CMCSA<\/a>)<\/strong> achieved a major milestone as its <strong>Peacock streaming platform turned profitable for the first time<\/strong>, reporting <strong>$189 million in adjusted EBITDA<\/strong>.<\/li>\n<li><strong>RTX Corp (<a href=\"\/stock\/RTX\">RTX<\/a>)<\/strong> delivered a massive beat-and-raise quarter, boosting its <strong>FY26 revenue outlook to $95B\u2013$96B<\/strong> driven by surging demand at <strong>Pratt &amp; Whitney<\/strong> and <strong>Collins Aerospace<\/strong>.<\/li>\n<li><strong>Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>)<\/strong> shares fell over <strong>6%<\/strong> to session lows following the company&#39;s projection that <strong>capital expenditures will exceed $25 billion in 2026<\/strong>.<\/li>\n<li><strong>Boeing (<a href=\"\/stock\/BA\">BA<\/a>)<\/strong> received a boost as the <strong>FAA<\/strong> signaled that certification for the <strong>737 Max 7 and Max 10<\/strong> is expected in the &quot;near term,&quot; potentially ending years of regulatory delays.<\/li>\n<li><strong>Thermo Fisher (<a href=\"\/stock\/TMO\">TMO<\/a>)<\/strong> and <strong>Honeywell (<a href=\"\/stock\/HON\">HON<\/a>)<\/strong> reported strong Q2 results, though Honeywell lowered its <strong>Free Cash Flow<\/strong> guidance significantly to <strong>$2 billion<\/strong>.<\/li>\n<\/ul>\n<h2>Media and Telecom: Peacock\u2019s Turning Point<\/h2>\n<p>Comcast (<a href=\"\/stock\/CMCSA\">CMCSA<\/a>) reported a landmark second quarter for 2026, headlined by the <strong>Peacock<\/strong> streaming service reaching profitability. The platform generated <strong>$1.90 billion in revenue<\/strong>, surpassing the $1.76 billion estimate, and posted an <strong>adjusted EBITDA of $189 million<\/strong>, well above the $38 million analysts expected.<\/p>\n<p>The company&#39;s overall <strong>revenue hit $29.94 billion<\/strong>, beating the $29.3 billion consensus. Growth was further supported by the domestic wireless segment, which added <strong>448,000 lines<\/strong>, significantly outperforming the projected 384,333 additions.<\/p>\n<h2>Aerospace and Defense: RTX Leads, Boeing Gains Clarity<\/h2>\n<p>RTX Corp (<a href=\"\/stock\/RTX\">RTX<\/a>) posted dominant Q2 results, with <strong>adjusted EPS of $1.89<\/strong> beating the $1.66 estimate. The company saw broad strength across its subsidiaries, with <strong>Pratt &amp; Whitney sales reaching $8.89 billion<\/strong> and <strong>Collins Aerospace hitting $8.21 billion<\/strong>. Consequently, RTX raised its full-year <strong>adjusted sales guidance to a range of $95 billion to $96 billion<\/strong>.<\/p>\n<p>In the broader aviation sector, Boeing (<a href=\"\/stock\/BA\">BA<\/a>) shares reacted to news that the <strong>FAA<\/strong> is nearing certification for two critical aircraft variants. The <strong>737 Max 7<\/strong> is poised for approval by early August, while the <strong>737 Max 10<\/strong> is expected to win certification in the September\/October window.<\/p>\n<h2>Industrial and Healthcare: Mixed Outlooks<\/h2>\n<p>Honeywell (<a href=\"\/stock\/HON\">HON<\/a>) reported <strong>sales of $9.70 billion<\/strong>, slightly ahead of estimates, but missed on earnings with an <strong>adjusted EPS of $4.52<\/strong> against the $4.81 expected. More notably, the company slashed its <strong>full-year Free Cash Flow guidance to $2 billion<\/strong>, a sharp drop from its previous range of $5.3 billion to $5.6 billion.<\/p>\n<p>Thermo Fisher Scientific (<a href=\"\/stock\/TMO\">TMO<\/a>) outperformed expectations with <strong>adjusted EPS of $6.03<\/strong> and <strong>revenue of $11.99 billion<\/strong>. The company\u2019s <strong>organic revenue growth of 5%<\/strong> nearly doubled the analyst estimate of 2.98%, signaling a robust recovery in the life sciences sector.<\/p>\n<h2>Tech and Energy: Tesla Capex and LNG Disruptions<\/h2>\n<p>Tesla (<a href=\"\/stock\/TSLA\">TSLA<\/a>) saw its stock price slide <strong>6.1%<\/strong> during the session. Investor sentiment was dampened by the revelation that the EV maker expects <strong>capital expenditures to exceed $25 billion in 2026<\/strong> as it continues to scale its AI infrastructure and new vehicle platforms.<\/p>\n<p>In the energy markets, <strong>QatarEnergy<\/strong> has extended <strong>force majeure<\/strong> on LNG supplies to several Asian buyers. Trade sources indicate the company is leasing additional tankers through mid-October to navigate ongoing logistical challenges, potentially tightening global gas supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Comcast (CMCSA) achieved a major milestone as its Peacock streaming platform turned profitable for the first time, reporting 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