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Stock futures edged higher Friday, with the

Dow Jones Industrial Average
coming off its ninth-straight day of gains—its longest winning streak since 2017—and the

Nasdaq Composite
slumping more than 2% after a post-earnings selloff of

Tesla

shares.

These stocks were poised to make moves Friday: 

Tesla

(TSLA) was rising 1.6% in premarket trading after slumping 9.7% on Thursday following the electric-vehicle maker’s second-quarter earnings report that revealed a continued decline in profit margins on steep price cuts.

Intuitive Surgical

(ISRG) fell 4.8% in premarket trading after the maker of robotic surgical systems posted second-quarter adjusted earnings that missed analysts’ estimates.

Railroad operator

CSX

(

CSX

) reported second-quarter revenue of $3.69 billion, down 3% from a year earlier and below Wall Street forecasts. The company cited lower fuel and coal prices among the reasons for the shortfall. The stock fell 5%.

Knight-Swift Transportation

(KNX), the largest North American truckload carrier, reported a 21% decline in second-quarter revenue on weaker demand for its truckload businesses. Knight-Swift shares declined 5.3% in premarket trading.

Carvana

(CVNA) was falling 0.2% in premarket trading. Late Thursday, the stock was downgraded to Neutral from Overweight by analysts at Piper Sandler. That followed a downgrade to Underperform from Sector Perform by RBC Capital Markets. Shares of the used-car retailer slumped 16% on Thursday.

PPG Industries

(PPG), the paint and coatings maker, raised its full-year guidance but warned of “continued tepid global industrial production,” and some “incremental slowing in U.S. architectural residential repaint due to significantly lower existing home sales.” 

Earnings reports are expected Friday from credit-card giant

American Express

(AXP),

SLB

(

SLB

), the oil-field services company formerly known as Schlumberger, and used-car retailer

AutoNation

(AN).

Write to Joe Woelfel at [email protected]