Stock futures were mixed as investors focused on Q2 earnings and June inflation data. Tower Semiconductor surged 18% after announcing a $3B expansion in Japan and raising financial targets. Ericsson fell 9% despite beating EBITA estimates, due to revenue misses and leadership changes. MBX Biosciences dropped 6% following executive appointments. Penguin Solutions slid 5% after announcing a $650M convertible note offering. Apple declined 1.3% after KeyBanc downgraded it to Underweight, citing valuation concerns and weaker demand expectations.