Starbucks, yum! Brands and 3 stocks to watch before Wednesday

With U.S. stock futures rising this morning on Wednesday ahead of earnings reports from several major companies, some of the stocks that may catch investors' attention today are the following:

Wall Street expects CVS Health Corporation CVS to post quarterly earnings of $2.17 per share on revenue of $76.37 billion before the opening bell. CVS Health shares rose 0.7% to $96.00 in after-hours trading. Starbucks Corp SBUX reported upbeat third-quarter earnings, but missed market expectations for comparable sales. Starbucks shares rose 1.5% to $84.94 in the after-hours trading session. Analysts expect Yum! Brands, Inc. YUM earned $1.10 per share on revenue of $1.65 billion for the latest quarter. The company will release its results before markets open. Yum! Shares of Brands rose 0.3% to $122.55 in after-hours trading.

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Robinhood Markets Inc HOOD has announced plans to cut staff by 23% after reporting declining sales for the second quarter. The company also reported a net loss of $295 million. Robinhood shares fell 0.7% to $9.17 in the after-hours trading session. Analysts expect Moderna, Inc. MRNA to report quarterly earnings of $4.55 per share on revenue of $4.07 billion before the opening bell. Moderna shares gained 0.6% to $161.75 in after-hours trading.

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