Stock futures are higher Wednesday as investors welcome news that the U.S. reached a trade agreement with Japan and prepare for the release of quarterly results from major technology companies.

In stocks, Nvidia more than 1% rose as investors await Alphabet GOOGL earnings at market close. Shares also rose following a Wall Street Journal report that Tesla TSLA Chief Executive Elon Musk's xAI startup is looking to raise up to $12 billion to buy Nvidia chips to train xAI's Grok chatbot.

Wall Street climbed Wednesday after President Donald Trump reached a trade deal with Japan and hopes rose for more agreements by August 1.

In tandem with a presidential speech on Wednesday, the Trump administration is set to roll out its “AI Action Plan,” and new executive orders on AI are expected.

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

Stock sales by top officials clustered before Trump's major tariff announcements, according to a USA TODAY analysis of transaction forms.

Shares of BitMine, where tech billionaire Peter Thiel is the top investor and whose chairman is Fundstrat's Tom Lee, advanced 5.3%. Other ether holding firms Bit Digital, BTCS and SharpLink Gaming climbed between 3.1% and 12.6%, respectively.

Trump Jr. is a board member, shareholder and adviser for GrabAGun and rang the opening bell at the NYSE as the company went public.