With the Nasdaq futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects The Boeing Company to report quarterly earnings at $0.04 per share on revenue of $17.83 billion before the opening bell. Boeing shares fell 0.2% to $146.31 in pre-market trading.
- Alphabet Inc. reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday. YouTube and Network revenue were down on a year-over-year basis, bringing overall Google Ad revenue to $54.48 billion, up from last year’s $53.13 billion. Alphabet shares fell 6.2% to $98.43 in the pre-market trading session.
- Analysts are expecting Meta Platforms, Inc. to have earned $1.91 per share on revenue of $27.53 billion for the latest quarter. The company will release earnings after the markets close. Meta shares fell 3.5% to $132.65 in pre-market trading.
- Microsoft Corporation posted better-than-expected earnings for its first quarter. Revenue for the Microsoft Cloud segment was $25.7 billion in the first quarter, up 24%% year-over-year. Microsoft shares dropped 5.4% to $237.23 in the pre-market trading session.
- Analysts expect Ford Motor Company to post quarterly earnings at $0.32 per share on revenue of $36.00 billion after the closing bell. Ford shares rose 2.8% to close at $12.83 on Tuesday.