Wall Street is gearing up for a negative start on Thursday, as traders mull over earnings from Tesla, Inc. (NASDAQ:TSLA) and Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG), which incidentally haven’t been received well by the Street. While Tesla’s earnings were dismissed as of low quality, investors worried about Alphabet’s massive capex boost as it eyes supremacy in the AI market. The market may also focus on private sector activity readings due shortly after the market opens. “Mega tech has an unprecedented influence on market moves and overall earnings,” fund manager Louis Navellier said in a note. Traders may choose to remain on the sidelines until they get more clarity on the earnings front and see through two key data due over the next two sessions, with Friday’s inflation data being more critical of the two. Futures Performance (+/-) Nasdaq 100 -1.05% S&P 500 -0.71% Dow -0.42% R2K -0.38% In premarket trading on Wednesday, the SPDR S&P 500 ETF Trust (NYSE:SPY) moved down 0.75% to $549.65, while the Invesco QQQ ETF (NASDAQ:QQQ) fell 1.12% to $475.23, according to Benzinga Pro data.Cues From Last Session: U.S. stocks paused on Tuesday as traders opted to remain on the sidelines ahead of some key economic data and earnings reports. The major indices opened on a mixed note but they showed volatility, flitting in and out of the unchanged line, before closing firmly in the red. The Dow Jones Industrial Average underperformed the rest of the two major averages. A majority of the S&P 500 sectors ended lower, with energy and utility stocks showing the worst declines. The small-cap space had a different tale to tell as they ignored a weak start and rose steadily to close ...