On Wednesday, the futures indicated a mixed opening as traders anticipated the Federal Reserve’s announcement later in the day. The following are the stocks to watch on Wednesday:
Stocks to watch
- After publishing its quarterly earnings , AMD ( NASDAQ:AMD ) increased in premarket trade. Even after the manufacturer of semiconductors issued a warning about a month ago, the company’s Q3 earnings and revenue fell short of projections. The company’s Q4 projection, which predicted revenue between $5.2 billion and $5.8 billion, pleased investors, as shares increased 5% before the opening bell.
- In premarket trading, Airbnb ( NASDAQ:ABNB ) fell more than 6% as a result of the results announcement . The vacation rental platform reported Street-beating results for the third quarter but issued a warning that its growth in a crucial booking number would decelerate in the fourth quarter compared to the third.
- In the wake of its quarterly statement , Paramount Global ( NASDAQ:PARA ) also saw a decline. After missing expectations on both its top and bottom line, the entertainment company’s sha...
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