Nasdaq, S&P 500 Futures Slip Ahead Of TSLA, GOOGL Earnings: Why SMCI, INTC, SLS, BATL, OKLO, RKLB Are In Focus

Tesla's Semi electric truck has begun mass production after nearly a decade of delays, with deliveries starting this week. Key customers include PepsiCo, DHL, and US Foods. The vehicle boasts a 500-mile range under full load and 600 miles under lighter loads, with 15% lower energy consumption than initially targeted. Tesla's stock closed down 1.54% on Friday.

Tesla (TSLA) began delivering its Semi electric truck, expanding into commercial freight. The truck has a 500-mile range and targets a 50,000-unit annual production. Tesla aims to diversify revenue, with orders from PepsiCo and DHL. Q2 2026 revenue was $100 billion, with $4.7 billion in operating cash flow. Challenges include capital intensity and execution risks, with Q2 free cash flow at -$1.1 billion.

Tesla plans to unveil its second-generation Roadster, with features like sub-two-second acceleration and 620-mile battery life. The company also started high-volume production of its electric semi-truck. Tesla shares are down 17% in 2026, with vehicle sales declining in China and the US. Morningstar analysts expect growth in Tesla's energy and services segments, with energy revenue projected to grow 30% annually from 2027 to 2031.

The Bank of Japan plans a 25-basis-point rate hike to 1.25% to combat inflation, potentially affecting sectors like technology. Super Micro Computer Inc (SMCI), a tech company with a $28.42B market cap, has a P/S ratio of 0.56, lower than its historical median. SMCI has a GF Score of 86, indicating strong performance, but faces valuation challenges and significant insider selling.

Alphabet (GOOGL) is nearing the launch of Gemini 4, an advanced AI model expected to enhance Google's search capabilities and cloud services. The company aims to compete with OpenAI and Anthropic, with Gemini already having 950 million monthly users. However, investors will be watching for returns on substantial AI investments and potential pricing pressures. Hedge funds have increased their stakes in Alphabet, with short interest remaining low.

Tesla announced it will start delivering its electric semi-truck in September 2026, aiming to produce 50,000 units annually. The company secured an order for 2,500 trucks from the ZET SCALE alliance, including Microsoft and PepsiCo. Tesla plans to deploy these trucks in major freight hubs. The Semi will have two range options: 350 miles (Standard Range) and 500 miles (Long Range).