S&P futures are indicating a lower open today, down (0.7%) following weak sessions in Asia. The top stories driving the global market today are the recent U.S. tech earnings, with Tesla and Alphabet both posting mixed results, weighing on investor sentiment. Tesla shares are down (8%) after hours following a bottom-line miss. The company's operating margin was weighed down by price cuts amid weaker EV demand and AI-driven rise in expenses. Elon Musk also confirmed the delay of the Robotaxi event to 10-Oct. Alphabet shares fell (2%) after hours despite Q2 revenue topping forecasts. AI-related demand underpinned Cloud revenue, though capex came in a bit higher than expected.

Companies Mentioned: Alphabet, Tesla, FTAC Emerald Acquisition