4 stocks to watch on Wednesday: AMGN, CSCO and more
What's moving the markets today?
US stock futures ticked higher on Tuesday evening after major market benchmarks turned in a mixed performance in the regular trading session.
Contracts tied to the Dow Jones Industrial Average gained 46 points, or 0.14%, while those linked to the S&P 500 climbed about 0.2%. Nasdaq-100 futures rose a slightly more robust 0.3%.
The moves in futures came after the Dow ended Tuesday's regular trading session up 174 points, or 0.52%. The S&P 500 gained 0.28%, while the Nasdaq Composite fell 0.18%.
Four stocks to watch today
Here are four stocks likely to move in today's trading session:
- Amgen Inc. (AMGN) reported better-than-expected earnings for its latest quarter on Tuesday. The company also raised its full-year profit outlook. Shares of Amgen were up more than 2% in extended trading.
- Cisco Systems Inc .(CSCO) is scheduled to report earnings after the market close today. The company is expected to post a profit of $0.85 per share on revenue of $13.3 billion. Shares of Cisco were up about 0.5% in after-hours trading.
- Advanced Micro Devices Inc. (AMD) is also set to report earnings after the close of trading today. The company is expected to report a profit of $0.73 per share on revenue of $5.6 billion. Shares of AMD were up more than 1% in extended trading.
- Okta Inc. (OKTA) is scheduled to hold its annual investor day today. The company is expected to provide an update on its business and financial outlook. Shares of Okta were up about 1% in after-hours trading.
These are just a few of the stocks that could move in today's trading session. Keep an eye on these stocks and others to see how they perform.