Stocks Tumble as AI Falters: Tesla Hit by Price Cuts

Dow Jones and Major Index Futures Make Modest Gains Amid Tech Earnings Anticipation

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, experienced modest increases on Monday morning. This financial anticipation coincides with a significant week for earnings, particularly within the tech sector featuring behemoths like Microsoft (MSFT), Meta Platforms (META), and Tesla (TSLA) among others. The spotlight is particularly intense on Tesla, which recently announced major price cuts for its electric vehicles (EV) and Full Self-Driving (FSD) packages ahead of its earnings report this Tuesday.