US stock futures edged up as President Trump announced a trade deal with Japan and Wall Street readied for Tesla (TSLA) and Google-parent Alphabet (GOOGL, GOOG) earnings. Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.

Navitas Semiconductor (NASDAQ:NVTS) is a firm that designs and produces next-generation power semiconductors utilized in consumer electronics, solar energy systems, and electric vehicles.

The stock is down, but the reaction is nothing like its steep post-earnings selloff in April. That’s a positive for investors.

US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM),

Customer concentration is an issue. In Q1 FY’26, Nvidia disclosed that one customer accounted for 16% of revenue and another for 14%.

GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.

The company is helping OpenAI boost its artificial-intelligence data-center capacity, and analysts at Evercore ISI are doing the math about how much that will cost Oracle as it pursues the potential for $30 billion in annualized revenue down the road.

Markets have already priced in the best-case scenario. Investors are in store for a pullback, Evercore's Julian Emanuel said.

Micron stock fell today after it was reported that the Stargate Project's data center build-out is off to a slow start. Stargate has said that $500 billion will be invested in U.S. artificial intelligence (AI) infrastructure over a four-year period, but it may be significantly behind schedule.