Facebook soars, Ford falls, Alphabet looks to bounce back

Here are some of the stocks the Yahoo Finance team will be watching for you today.

Facebook (FB) shares traded at a fresh high in early trading. The social networking giant’s second quarter earnings and revenue rocketed past analysts’ estimates mobile advertising jumped a whopping 84%, and the company added 60 million new users.

Ford (F) shares fell in early trading after the automaker posted earnings that came in below Wall Street estimates for the second quarter due to weaker-than-expected sales in the U.S and China. Ford’s Chief Financial Officer said after an unprecedented growth streak, the US market is starting to plateau. However, Europe was a bright spot and overall sales rose 6% from a year ago topping estimates

Whole Foods (WFM) delivered earnings that matched analysts’ estimates while revenue missed forecasts. Same-store sales fell for the fourth consecutive quarter. The company has been struggling to stay competitive in the face of rising competition from traditional supermarket chains.

GoPro (GPRO) reported a smaller-than-expected loss for the second quarter. And even though sales fell 47% from a year ago, revenue also beat expectations. The company said it expects to return to profitability in the fourth quarter.

Google’s parent company Alphabet (GOOGL) is set to report second quarter results after the close of trading today. Investors want to see if it will able to deliver after disappointing results in April. Analysts are looking for the company to earn $8.04 a share, that’s up 15% from the same period a year ago, while revenue is expected to increase 17% to about $17 billion.