5 Things to Know Before the Stock Market Opens

· Investopedia

Google parent Alphabet (GOOGL) and Advanced Micro Devices (AMD) report earning after markets close today; Ford (F) shares are sinking as the automaker reported third-quarter profit that was lower than expectation and cut its full-year outlook; McDonald's (MCD) shares are falling after same-store sales declined by more than estimates; and Boeing (BA) raises $21 billion as the machinists union strike continues. Here's what investors need to know today.

1. Alphabet To Report Earnings After Bell

Investors are anticipating the earnings report from Google parent Alphabet (GOOGL) after markets close today, with analysts expecting the tech giant to post a third-quarter revenue jump of more than 12% year-over-year to $86.41 billion. Alphabet is also expected to report profit of $23.05 billion, or $1.85 a share, up from $19.69 billion, or $1.55 per share. Investors will also likely be watching for commentary from new Chief Financial Officer (CFO) Anat Ashkenazi, who took over the role in July. Shares of Alphabet are edging higher in premarket trading.

2. McDonald's Stock Slips as Same-Store Sales Fall More Than Expected

McDonald's (MCD) shares are falling 2.5% in premarket trading after it reported mixed third-quarter results, with revenue of $6.87 billion and adjusted earnings per share (EPS) of $3.23 coming in better than estimates but net income of $2.26 billion and a same-store sales decline of 1.5% were worse than expected. McDonald's report comes as the company deals with an E. coli outbreak that caused it to briefly suspend Quarter Pounder sales in certain states.

3. Ford Stock Sinks on Weak Profit, Lowered Outlook

Shares of Ford (F) are down 6% in premarket trading after the automaker reported third-quarter profit that missed analysts' expectations and trimmed its full-year outlook. Ford's net income of $900 million, or 22 cents per share, declined from $1.2 billion, or 30 cents per share, last year and missed analysts' consensus estimates from Visible Alpha. The automaker said it expects full-year adjusted earnings of about $10 billion, compared to its previous projection of between $10 billion and $12 billion.

4. AMD Seen More Than Doubling Q3 Profit After Bell

Analysts are expecting to see significant earnings growth from Advanced Micro Devices (AMD) when the chipmaker reports third-quarter financial results after markets close today. Analysts surveyed by Visible Alpha expect the chipmaker to report revenue of $6.71 billion, up nearly 16% year-over-year, while the company's net income is projected to be $815.8 million, or 50 cents per share, more than double last year's $299 million, or 18 cents per share. The report comes as investors are watching the company's data center revenue, which the chipmaker doubled in its second-quarter report. AMD shares are up almost 1% in premarket trading.

5. Boeing Raises $21 Billion in Sales of Stock, Depositary Shares

Boeing (BA) announced that it raised around $21 billion from sales of stock and depositary shares, coming as the troubled aerospace company looks to shore up its finances amid a costly strike by its machinists union.  Boeing raised $15.81 billion after it sold 112.5 million common shares for $143 each, lower than the stock's price of $150.69 at Monday's close, and also brought in $4.91 billion from the sale of depositary shares. Shares of Boeing are 1% lower in premarket trading.

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