tl;dr
U.S. stock index futures on Wednesday pointed to a higher open, with a pre-market advance in Netflix following the streaming giant's latest quarterly results. Here are some stocks to watch on Wednesday: AT&T (NYSE:T) shares slipped more than 3% after full year 2024 adjusted profit guidan...
U.S. stock index futures on Wednesday pointed to a higher open, with a pre-market advance in Netflix following the streaming giant's latest quarterly results.
Here are some stocks to watch on Wednesday:
- AT&T (NYSE:T) shares slipped more than 3% after full year 2024 adjusted profit guidance came in significantly below consensus estimates.
- IBM (IBM) is expected to report Q4 2023 results largely in-line with expectations, with an emphasis on enterprise IT spending and tailwinds centered around artificial intelligence.
- Tesla (NASDAQ:TSLA) is scheduled to announce Q4 2023 earnings after regular trading hours, with a focus on gross margin metrics and production guidance for 2024.
- Walgreens Boots Alliance (WBA) saw a nearly 1.5% pre-market advance after evaluating options, including a potential sale of Shields Health Solutions.
- Boeing (BA) shares were up marginally, despite yet another incident involving one of its aircrafts.
More about Netflix Inc
Netflix Inc. is a prominent player in the over-the-top content platform and production industry, offering a subscription-based streaming service with a substantial library of in-house and licensed films and television series. The company's market capitalization stands at $212.6 billion, with a stock price of $48.52. In the past year, the stock has seen a low of $10.01 and a high of $73.75, with a current price-to-earnings ratio of 138. The market sentiment towards Netflix appears positive, with a strong emphasis on its potential for growth and innovation in the streaming industry. However, given the volatility of the stock and the competitive nature of the market, there are inherent risks associated with investing in Netflix, and past performance may not be indicative of future results.
More about AT&T Inc
AT&T Inc. is the world's largest telecommunications company and the second largest provider of mobile telephone services. The company reported a total revenue of $122.91 billion, with a net income margin of 1.11%. The stock performance has seen a decrease of 1.51% and a price-to-earnings ratio of 16.97. Market sentiment appears slightly bearish with a negative earnings per share of -0.0929 and a market capitalization of $121.75 billion. The company's stock is currently trading at $18.69, showing a decrease of -0.401%. However, it is important to note that past market behavior is not always a reliable indicator of future performance, and there are potential risks and uncertainties associated with this analysis.
More about Tesla Inc
Tesla Inc., a leading American electric vehicle and clean energy company, has shown strong performance in the plug-in and battery electric car segments, capturing 16% and 23% market share respectively in 2020. The company also excels in the development and installation of solar energy generation systems, making it one of the largest global suppliers of battery energy storage systems. Despite its impressive sales and market presence, Tesla's stock performance has been volatile, with a current value of $226.97 and a relatively high beta of 0.442, indicating potential risk. Market sentiment towards Tesla remains mixed, with concerns about the company's valuation and future growth prospects.
More about Walgreens Boots Alliance Inc
Walgreens Boots Alliance Inc. is a pharmaceutical holding company with a market capitalization of $19.35 billion and a stock price of $33.99. The company has a dividend yield of 1.92% and a P/E ratio of 0.66. Its stock has a 52-week high of $165.0 and a 52-week low of $26.56. The market sentiment for Walgreens Boots Alliance Inc. appears to be bearish, with a negative change in stock price and a negative earnings per share (EPS) growth of -0.586. It's important to note that the retail-drug stores and proprietary stores industry is facing challenges, and the company's performance may be impacted by these industry trends. As always, past performance is not indicative of future results, and potential investors should carefully consider the risks associated with investing in this stock.
More about Delta Air Lines Inc
Delta Air Lines Inc, a major US airline, has reported a market capitalization of $23.8 billion, a current stock price of $5.16, and a 52-week high of $7.17. The stock has a price-to-earnings ratio of 90.84 and a dividend yield of 0.0794. The company's total revenue stands at $58.04 billion, with a current stock price of $54.53 and an earnings per share of $1.432. The market sentiment towards Delta Air Lines Inc appears to be neutral, with potential risks and uncertainties in the airline industry affecting future performance.
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