Arlo Technologies shares rise 1.14% after-hours as Alphabet's strong Q2 earnings and investments boost tech sector sentiment.

Arlo Technologies, Inc. rose 1.14% in after-hours trading. The increase in stock price can be attributed to the positive news surrounding Alphabet Inc., the parent company of Google, which reported strong Q2 earnings exceeding forecasts. Alphabet's revenue of $96.43 billion and EPS of $2.31 surpassed expectations, and the company announced a $10 billion increase in investments, bringing the total to $85 billion. This news likely boosted investor confidence in the tech sector, positively impacting Arlo Technologies, Inc.