4 stocks to watch on Wednesday: GS, MS, JNJ, BAC

Stock index futures rose on Wednesday as June’s wholesale inflation report came in softer than expected. Here are four stocks to keep an eye on:

Goldman Sachs (GS) shares rose 0.7% in premarket trade after its Q2 earnings and revenue easily beat the average analyst estimates, helped by a strong increase in net interest income and solid gains in investment banking fees and equities revenue. Q2 GAAP EPS came in at $10.91, topping the average analyst estimate of $9.63.

Morgan Stanley (MS) was down 0.5% before market open as its provision for credit losses increased more than Wall Street expected. The firm, however, turned in better-than-expected Q2 earnings and revenue, reflecting strong net interest income as wealth management revenue increased quarter-over-quarter and year-over-year.

Johnson & Johnson (JNJ) was up 2.4% in premarket trade after the healthcare giant kicked off pharma earnings season, lifting its full-year outlook and reporting better-than-expected financials for Q2 2025. The firm also declared a quarterly dividend of $1.30 per share.

Bank of America (BAC) rose 1.1% before the opening bell after the bank’s Q2 earnings topped the Wall Street consensus as momentum built in its markets business. The company also reaffirmed guidance for Q4 net interest income on a fully taxable equivalent basis at $15.5B-$15.7B.