Investing.com -- Corporate earnings will be in the spotlight Tuesday, especially from tech giants Tesla and Alphabet, while Wiz has reportedly turned down a deal with Google. Vice President Kamala Harris looks set for a run at the presidency.Vice President Kamala Harris appears to be in prime position to receive the Democratic Party’s nomination to run against Republican candidate Donald Trump in November’s presidential election.
A survey held between July 19-21 showed Trump led Biden and Harris by six percentage points - 54% to 47%, increasing his lead by two points since a July 13-15 poll. Tesla's second-quarter margin is likely to hit a more than five-year low, on the back of discounts to clear inventory, price cuts and incentives such as cheaper financing options offered to boost EV sales, while sales dropped as customers grew tired of its old model lineup.
Wiz CEO Assaf Rappaport said the company would now focus on an initial public offering, as it had planned earlier, and aims to achieve an annual recurring revenue of $1 billion.