Tesla stock dropped early Wednesday ahead of its second-quarter earnings report. Shares were at $330.64 in early trading, down 0.4%, while the S&P 500 and Dow Jones Industrial Average were up 0.4% and 0.

Tesla's stock is down 18% so far this year, and some analysts wonder if the company will lower its full-year forecast when it reports results after Wednesday's closing bell. Other key topics include management's commentary on vehicle demand and the robotaxi rollout.

Krispy Kreme and GoPro were among the companies riding the latest meme stock rally on Wednesday, as retail traders latched on to the highly shorted names a day after piling into the shares of department store company Kohl's.

Share markets climbed on Wednesday, buoyed by investor hopes of a wave of trade agreements with the United States after Japan struck a deal that lowers U.S. tariffs on its autos, sending Japanese stocks to a one-year high.

Japan led Asian markets higher, with automakers outperforming, after a trade agreement between the U.S. and Japan eased economic uncertainty surrounding tariffs. President Trump said in a post on Truth Social that the U.

Trump Media rose in premarket trading on Tuesday after the company announced it had accumulated $2 billion in bitcoin and related assets.