Alphabet is making a run at a record winning streak ahead of Q2 earnings

Google parent Alphabet is absolutely on fire heading into second-quarter earnings.

With its 0.7% gain on Tuesday, Alphabet extended its winning streak to 10 sessions. That ties its record run of form from December 2010, with a chance to surpass that before these results come out. Shares are up nearly 10% during this span.

Cheers to Bespoke Investment Group for bringing this to our attention, as their team mused, “Will it enter Spinal Tap territory tomorrow ahead of earnings?” on the heels of Tuesday’s advance.

Alphabet, along with Tesla, is slated to report earnings after the close on Wednesday, the first two members of the Magnificent 7 to deliver results this season.

Wall Street is looking for diluted earnings per share of $2.18 on revenues of nearly $94 billion, per analysts polled by Bloomberg. The options market now implies a move of about plus or minus 5% in the session following the release of Q2 results.

Shares are trading modestly in the red as of 8:10 a.m. ET.