US semiconductor equipment makers saw a drop after ASML’s warning about possible lack of growth next year due to US tariffs, causing Applied Materials and Lam Research to fall. Bank of America’s Q2 profits increased over 1% thanks to traders benefiting from market volatility. Netflix expected to report strong Q2 2025 earnings with forecasted revenue of $11.048 billion. Taiwan Semiconductor Manufacturing likely to surpass Q2 2025 earnings estimates with a projected 60.1% increase in EPS. Stocks turned negative amid reports of President Trump considering firing Federal Reserve Chair Jerome Powell, causing market uncertainty. Dow Jones and S&P 500 facing challenges despite nearing all-time highs.

Read more at Investing.com: Netflix, TSM Earnings Preview: All Eyes on Tech as Broader Risks Mount