US stock futures were rising Tuesday after Wall Street plummeted on worries over President Donald Trump's tariff war and his threats to fire Federal Reserve Chairman Jerome Powell.
These stocks were poised to make moves Tuesday:
Tesla is scheduled to report first-quarter earnings after the closing bell Tuesday, and shares of the electric-vehicle maker rose 0.7% ahead of the report. Analysts expect Tesla to report adjusted earnings of 41 cents a share, down from 45 cents a year earlier, and revenue of $21.34 billion, slightly higher than the same period in 2024.
Coming into Tuesday, the stock has fallen 44% this year -- including a drop of 5.8% on Monday -- amid falling sales at the EV maker and with investors turned off by CEO Elon Musk's political activities. With Monday's decline, Tesla is now ranked the 11th-largest U.S. company by market cap, its first close outside of the top 10 largest U.S. companies by market value since June 11, 2024, according to Dow Jones Market Data.
Nvidia was up 1.5% after falling 4.5% on Monday. The leading maker of chips for artificial-intelligence applications last week disclosed that the export of its H20 artificial-intelligence chips to China would require a U.S. government license in the future. Reuters reported Monday that China's Huawei Technologies plans to begin mass shipments of its advanced 910C AI chip to Chinese customers as early as next month.
In addition to Tesla, earnings reports are expected Tuesday from GE Aerospace, Verizon Communications, Lockheed Martin, Northrop Grumman, 3M, SAP, RTX, Intuitive Surgical, Chubb, Danaher, Elevance Health, Capital One Financial, PulteGroup, and Kimberly-Clark.
Shares of GE Aerospace were down 0.1% in the premarket session. Wall Street is looking for first-quarter earnings from the commercial and military aircraft company of $1.27 a share on sales of $9.1 billion. The earnings will be the company's first first-quarter report since GE Aerospace and GE Vernova were separated in April 2024.
Verizon Communications rose 1.1%. The telecommunications giant is forecast to report first-quarter adjusted earnings of $1.15 a share on revenue of $33.28 billion. In March, Verizon Wireless executive Frank Boulben said first-quarter wireless subscriber additions could be "soft" amid increasing competition.
Lockheed Martin gained 0.2% in premarket trading. Wall Street anticipates the defense company will report first-quarter earnings of $6.34 a share on sales of $17.8 billion. A year earlier, Lockheed reported a profit of $6.33 a share on sales of $17.2 billion. This time around, investors will be watching for what the company says about the backdrop for defense spending from the Trump administration.
Broadband-software company Calix jumped 13% after posting first-quarter adjusted earnings that topped analysts' expectations and issuing a second-quarter forecast that also was better than consensus.
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