US stock futures fell Tuesday ahead of earnings from a number of large U.S. banks and as Wall Street monitored trade tensions between the U.S. and China.
These stocks were poised to make moves Tuesday:
JPMorgan Chase rose 0.3% in premarket trading ahead of third-quarter earnings from the biggest U.S. bank. Wall Street expects JPMorgan to report earnings of $4.85 a share on revenue of $45.5 billion. Coming into Tuesday, JPMorgan shares have risen 28% in 2025.
Wells Fargo is expected by analysts to report third-quarter earnings of $1.55 a share on revenue of $21.2 billion. Shares of the San Francisco bank rose 0.4% ahead of the report.
Goldman Sachs, the investment-banking giant, fell 0.4% in premarket trading ahead of third-quarter earnings. Analysts expect Goldman to post earnings of $11.03 a share on revenue of $14.1 billion. On Monday, Goldman said it reached an agreement to acquire Industry Ventures, a venture capital platform that currently manages $7 billion of assets under supervision, for up to $965 million in cash and equity.
Johnson & Johnson edged down 0.1% in premarket trading ahead of third-quarter earnings from the healthcare giant.
Earnings reports are also expected Tuesday from Citigroup, BlackRock, Domino's Pizza, and Albertsons.
Broadcom fell 2.3% following gains Monday of 9.9% after the semiconductor and software company announced it was working with OpenAI, the maker of chatbot ChatGPT, to develop and deploy 10 gigawatts of custom artificial-intelligence accelerators. Broadcom will provide Ethernet and other connectivity solutions at OpenAI's facilities and partner data centers. The companies are slated to begin deploying the systems in the second half of 2026 and complete the deployments in 2029. Broadcom has gained 54% this year.
Shares of MP Materials, the rare-earths miner, traded up 8.7% in premarket trading after it gained 21% on Monday to close at $95.06, a record high. The stock has extended a rally from last week after China tightened export controls on the minerals. MP Materials has risen for three straight sessions, jumping nearly 35% over the span, according to Dow Jones Market Data.
Shares of Polaris rose 10.8% after the specialty vehicle manufacturer said it would be getting out of the motorcycle business after reaching a deal to sell its Indian brand to Carolwood LP, a Los Angeles-based private-equity firm. Polaris said divesting the business would increase its annualized adjusted earnings by $1 a share.
Ericsson's U.S.-listed shares soared 15.3% after the Swedish telecommunications company posted better-than-expected third-quarter earnings and suggested it could hike its shareholder payouts. "Solid recurring cash flow and the Iconectiv sale contributed to a strong third-quarter cash position, offering scope for increased shareholder distributions," CEO Börje Ekholm said. The company also announced a five-year deal with U.K.'s Vodafone.
Navitas Semiconductor jumped 23.9%. The chip company reported advances in developing purpose-built power devices to enable chip maker Nvidia's architecture. "As Nvidia drives transformation in AI infrastructure, we're proud to support this shift with advanced GaN and SiC power solutions that enable the efficiency, scalability, and reliability required by next-generation data centers," said CEO Chris Allexandre.
Coinbase Global and Robinhood Markets both fell in premarket trading, mirroring a drop in the price of Bitcoin, the world's largest cryptocurrency. The crypto exchange platforms slid 3.6% and 3.4%, respectively.
Potlatch rose 7.7% to $44.83 as The Wall Street Journal reported Rayonier planned to buy the fellow timberland company for an implied price of $44.11. The newly combined entity would be valued at $7.1 billion, or $8.2 billion including debt, people familiar with the matter told the Journal.