Some of the stocks that may grab investor focus today are:
Wall Street expects Walmart Inc (NYSE: WMT) to report quarterly earnings at $1.50 per share on revenue of $148.47 billion before the opening bell. Walmart shares gained 0.3% to $147.68 in pre-market trading. Baidu Inc (NASDAQ: BIDU) reported better-than-expected results for its fourth quarter and issued strong sales guidance for the first quarter. Baidu shares gained 3.6% to $319.80 in the pre-market trading session. Analysts are expecting Applied Materials, Inc (NASDAQ: AMAT) to have earned $1.28 per share on revenue of $4.97 billion for the latest quarter. The company will release earnings after the markets close. Applied Materials shares rose 0.6% to $116.41 in pre-market trading.
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Herbalife Nutrition Ltd (NYSE: HLF) reported downbeat earnings for its fourth quarter. However, the company raised its FY21 guidance and reported a new $1.5 billion share repurchase authorization. Herbalife shares fell 3.3% to $53.66 in the pre-market trading session. Analysts expect Hormel Foods Corp (NYSE: HRL) to report quarterly earnings at $0.41 per share on revenue of $2.37 billion before the opening bell. Hormel Foods shares gained 0.6% to $47.24 in pre-market trading.
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