Investors braced for Tesla’s earnings, with attention on margin trajectory, deliveries, and autonomy roadmap. Options implied elevated post-print moves versus recent quarters. Elsewhere, recent earnings were mixed, with Netflix shares down about 4% after a quarterly update that included softer elements despite revenue growth. Traders highlighted dispersion across mega-cap tech as a key US equity theme. Macro sensitivities included long-end US yields and dollar strength, which continue to influence equity risk premia into the results calendar’s heaviest phase.