With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects PepsiCo, Inc. to report quarterly earnings at $1.84 per share on revenue of $20.81 billion before the opening bell.
- Intel Corporation is planning to announce a major headcount reduction, running into thousands, as early as this month, reported Bloomberg, citing people with knowledge of the matter.
- Analysts are expecting Wipro Limited to have earned $0.07 per share on revenue of $2.84 billion for the latest quarter. The company will release earnings before the markets open.
- VOXX International Corporation reported weaker-than-expected earnings results for its second quarter on Tuesday.
- Analysts expectDuck Creek Technologies, Inc. to post quarterly earnings at $0.02 per share on revenue of $73.36 million after the closing bell.
- Philips's core profit would drop around 60% as supply chain problems would continue to hit sales throughout the year. Stocks crashed nearly 6% in premarket trading.
