Wall Street looked set to continue its green streak, with stock index futures up on Wednesday, as traders turned their attention to big tech earnings and the Federal Reserve’s rate decision. Here are four stocks to watch on the day:
Verizon Communications (VZ) rose 3.5% in premarket trade after the company reaffirmed its forecast for full-year profit and reported a wide topline miss, a small bottom-line beat, and subscriber losses in its consumer business for the third quarter. In the consumer unit, Verizon saw 7,000 wireless retail postpaid phone net losses for Q3 vs. 18,000 additions last year.
Fiserv (FI) plunged 37.4% before the opening bell after the payment technology company revamped its leadership, refreshed its board, slashed its full-year earnings guidance, and launched a new action plan after its Q3 earnings fell short of Wall Street consensus.
Bloom Energy (BE) shares were up 14.4% in premarket trade after the company surpassed estimates for quarterly results and targets doubling capacity to 2 gigawatts by December 2026 as AI demand accelerates. The firm’s management expects 2025 to be better than previously stated annual guidance.
Boeing Company (BA) fell 1% before the opening bell as the plane maker reported a wider-than-expected quarterly loss and confirmed another delay for its 777X wide-body jet, now expected to reach customers in 2027. Boeing said it took a $4.9 billion pre-tax charge related to the extended 777X certification schedule, which pushed the first delivery to 2027 from the prior 2026 timeline.