Stocks to Watch: Fiserv, Tesla, Alphabet, Alibaba

Stock index futures rose slightly on Wednesday after President Trump announced a "massive" trade deal with Japan. Fiserv (FI) dropped 18% in premarket trading after the company's Q2 earnings missed expectations. Other stocks to watch include Tesla (TSLA), Alphabet (GOOG), and Alibaba Group (BABA).

Stock index futures inched higher on Wednesday as President Donald Trump announced a "massive" trade deal with Japan, providing a boost to investor sentiment [1]. The S&P 500 futures (SPX) rose by 0.4%, the Nasdaq 100 futures (US100:IND) increased by 0.3%, and the Dow futures (INDU) gained 0.4% [1]. The 10-year Treasury yield (US10Y) rose 3 basis points to 4.38%, while the 2-year yield (US2Y) remained flat at 3.86% [1]. Trump's announcement included a 15% reciprocal tariff on Japan’s exports to the U.S. and a reported cut in auto duties, with the Asian country set to invest $550 billion in the U.S. [1].

Traders are now focusing on the earnings reports of major tech companies, with Tesla (TSLA) and Alphabet (GOOG) set to release their quarterly results after the market close [1]. The existing home sales report is expected to show a 4M in June, from 4.03M in May, and the Atlanta Fed business inflation expectations will be released during market hours [1].

Fiserv (FI) stock dropped 18% in premarket trading after the company reported its Q2 earnings. Despite beating second-quarter earnings per share estimates of $2.43, the company lowered its full-year organic revenue growth guidance to "approximately 10%" from its previous range of 10% to 12% [2]. The company’s Merchant Solutions segment posted 9% organic revenue growth, but operating margins in the segment declined to 34.6% compared to 36.6% in the same period last year [2]. Analysts noted the weakness in the merchant business as a key factor in the stock's decline [2].

Other stocks to watch include Alibaba Group (BABA), which saw institutional investors adjust their stakes in the first quarter. Templeton & Phillips Capital Management LLC reduced its stake by 52.7%, while other funds like WCM Investment Management LLC, KMG Fiduciary Partners LLC, and Avaii Wealth Management LLC increased their positions in the company [4]. Alibaba Group's stock price opened at $120.67 on Wednesday, with a current ratio of 1.55, a quick ratio of 1.55, and a debt-to-equity ratio of 0.19 [4].

References:
[1] https://seekingalpha.com/news/4470377-sp500-nasdaq-dow-jones-outlook-stock-market
[2] https://www.investing.com/news/stock-market-news/fiserv-stock-tumbles-after-lowering-guidance-despite-q2-beat-93CH-4148325
[4] https://www.marketbeat.com/instant-alerts/filing-templeton-phillips-capital-management-llc-has-261000-stock-holdings-in-alibaba-group-holding-limited-nysebaba-2025-07-23/