7 stocks to keep an eye on on Thursday, including Twitter, McDonald's, and Merck

A mixed opening on Thursday was predicted by the futures, following a choppy session on Wednesday. Major firms have been releasing financial reports that Wall Street has been analysing. Prior to Thursday's trading, the earnings torrent resumed; these are some equities to keep an eye on:

As Elon Musk completes his agreement to purchase the dominant social media platform, Twitter is scheduled to delist from the New York Stock Exchange as of this coming Friday. Musk is purchasing TWTR for $44 billion, or $54.20 per share, as part of the deal that will take the firm private.

Following the company's Q3 results report that beat forecasts, McDonald's stock increased by almost 3% in premarket trade. Unfavorable currency exchange caused the revenues to decline by 5% from the previous year. Comparable sales worldwide increased by 9.5%, with the United States seeing a 6.1% gain.

Following the announcement of the poor Q3 results, Altria saw a little decline in premarket trading. The company's prediction for 2022 was trimmed, and it now expects adjusted EPS of $4.81 to $4.89. Before the opening bell, shares decreased by 1%.

Merck's performance for the most recent quarter exceeded expectations on both the top and bottom lines. Revenue increased by around 14% from the previous year, helped by Keytruda's 20% gain in sales of cancer drugs. This occurred as Lagevrio, a COVID tablet, saw a sharp decline in sales.

Comcast announced a quarterly profit that was more than anticipated. Despite declining by over 2% from the previous year, revenue exceeded expectations as well. The top-line figure of $29.85B exceeded analysts' expectations by $120M.

After the closing bell, Apple is scheduled to release its quarterly earnings. On revenue of $88.77B, the maker of the iPhone is anticipated to report a normalised EPS of $1.27. Analysts are waiting on the company's leadership to set the tone for the tech industry in the meantime.

Intel is also on the list of well-known companies reporting quarterly results after the closing bell. Wall Street analysts anticipate a sales consensus of $15.31B and a normalised profit of $0.33 per share. Investors will be seeking for analysis of the PC market's health as well as any new details regarding the recent Mobileye IPO.

See why Wedbush thinks the closure of the deal removes an overhang over Tesla's shares for more information on the repercussions of the Twitter acquisition.

Fyana PachecoComment