Stock futures pointed mixed Tuesday as trade talks between the U.S. and China continued for a second day.
These stocks were poised to make moves Tuesday:
Shares of Tesla were rising 2.8% in the premarket session. The electric-vehicle maker ended Monday up 4.6% after spending most of the trading day in the red. President Donald Trump told reporters he wished Tesla CEO Elon Musk "well" after the two had a very public falling out last week. Trump also said he wasn't going to sell the red Tesla he bought in March, when the two men were on better terms. The president called Starlink, which is made by Elon Musk's SpaceX, a good service and said he had no plans to drop it from use at the White House.
Apple traded up slightly in premarket trading after slumping 1.2% Monday following the first day of its annual Worldwide Developers Conference at which the company touted artificial-intelligence features it already has implemented but said an upgraded Siri voice assistant wasn't yet available. Apple needs "more time to meet our high quality bar, and we look forward to sharing more about it in the coming year," said Craig Federighi, senior vice president of software engineering.
U.S.-listed shares of Taiwan Semiconductor Manufacturing rose 1.6% after the world's largest contract chip maker reported revenue in May jumped 40% from a year earlier. Revenue for last month, however, declined 8.3% from April.
Microsoft was down 0.2% after the software giant finished up 0.5% on Monday to a record closing high of $472.75.
Casey's General Stores reported fiscal fourth-quarter profit of $2.63 a share, easily topping Wall Street consensus of $1.92, as revenue rose to nearly $4 billion from $3.6 billion a year earlier. Inside same-store sales rose 1.7% from a year earlier and the convenience-store chain said it expects fiscal 2026 inside same-store sales to increase 2% to 5%. The stock gained 10%..
Calavo Growers sank 13% in after-hours trading Monday after the avocado distributor reported fiscal second-quarter adjusted earnings of 40 cents a share, well below analysts' estimates of 53 cents. Net sales of $190.5 million, up 3.3% from a year earlier, also was below consensus of $192.8 million.
Earnings reports are expected Tuesday from GameStop, J.M. Smucker, Core & Main, GitLab, Academy Sports and Outdoors, and United Natural Foods.
GameStop rose slightly ahead of first-quarter earnings from the videogame retailer. GameStop's report is scheduled for after the closing bell Tuesday.
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