4 stocks to watch on Thursday: Tesla, Occidental Petroleum and more
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U.S. stock index futures pointed to further losses on Thursday, following a sharp risk-off move on Wednesday in the wake of Fitch downgrading U.S. debt and the Treasury expanding debt sales as borrowing needs mount. Meanwhile, initial jobless claims rose more than expected. Here are some stocks to watch on Thursday:

Tesla (NASDAQ:TSLA) stock slipped 1% premarket after the automaker's China deliveries fell to the lowest level this year in July. The company sold 64,285 China-made electric vehicles during the month, up 128% Y/Y but down 31% from June. Separately, Tesla (TSLA) is facing a class action lawsuit in California over its EV range claims.
Occidental Petroleum (OXY) fell 2.4% in premarket trade after its Q2 adjusted earnings plunged from a year ago and missed estimates due to weaker realized prices for its oil and gas production as well as lower crude oil volumes.
Albemarle (ALB) stock rose 6.2% before the bell after the chemicals manufacturer easily beat Q2 adjusted earnings expectations. It also raised its FY profit guidance, citing rising prices and volumes for lithium, primarily driven by the continued global shift to electric vehicles.
Shares of Anheuser-Busch InBev (BUD) rose 2% ahead of market open after the brewer recorded 7% revenue growth in Q2. Growth was seen in a majority of BUD's markets in Q2 to offset lower sales volume in the U.S. The brewer's sales to U.S. retailers dropped 14% due to the Bud Light controversy.

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