Shares in many well-known companies are set for big moves today. Be ready.
Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:
1. Stock market movers
Apple, Twitter, Northrop Grumman, Rite Aid, Starwood Hotels: Shares in Apple (AAPL, Tech30) are jumping ahead of the open after the company reported strong quarterly results. Apple's profit rose 31% as customers continued to buy more expensive iPhones.
On the other hand, Twitter's (TWTR, Tech30) stock is set to tumble after the tech firm turned in another disappointing earnings report.
Shares in Northrop Grumman (NOC) are rising by about 9% premarket after the company landed a massive contract with the Pentagon to build its Long Range Strike Bomber. The firm is also reporting earnings ahead of the opening bell.
Rite Aid (RAD) shares are sinking about 7% premarket following a 45% surge on Tuesday triggered by reports that Walgreens (WBA) was planning to buy the company. Walgreens confirmed the $17.2 billion deal after the closing bell.
Walgreens is also set to report earnings before trading begins.
And shares in Starwood Hotels (HOT) could be on the move Wednesday after three Chinese firms were reported to be trying to buy the group, which operates W and Sheraton hotels.