With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects AT&T Inc. T to report quarterly earnings at 57 cents per share on revenue of $29.92 billion before the opening bell, according to data from Benzinga Pro. AT&T shares fell 0.2% to $18.18 in after-hours trading.
- Tesla Inc. TSLA reported weaker-than-expected earnings for its second quarter, while sales topped estimates. The company reported second-quarter deliveries of 443,956 vehicles and production of 410,831 vehicles, down 5% and 14% year-over-year, respectively. Tesla shares fell 7.8% to $227.25 in the after-hours trading session.
- Analysts are expecting International Business Machines Corporation IBM to post quarterly earnings at $2.19 per share on revenue of $15.62 billion. The company will release earnings after the markets close. IBM shares fell 0.4% to $183.33 in after-hours trading.
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- Alphabet Inc GOOG GOOGL reported upbeat earnings and sales results for its second quarter on Tuesday. The company also announced a cash dividend of 20 cents per share to be paid on Sept.16 to shareholders of record as of Sept. 9. Alphabet shares slipped 2.2% to $177.83 in the after-hours trading session.
- Analysts expect GE Vernova Inc. GEV to post quarterly earnings at 73 cents per share on revenue of $8.26 billion before the opening bell. GE Vernova shares rose 0.3% to $171.00 in after-hours trading.
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