7 stocks to watch on Thursday: Meta, Merck, Honeywell and more
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Following a Federal Reserve-inspired advance during the previous day, the Nasdaq and S&P 500 look poised for further gains at the start of Thursday's trading. Here are some stocks to watch on Thursday:

Meta Platforms (NASDAQ:META) surged almost 19% before the opening bell, bolstered by better-than-expected Q4 revenue. The top-line figure slumped 5% to $32.2B. However, this still beat analysts' consensus by $480M. The Facebook parent also revealed a $40B stock repurchase program.

Merck (MRK) edged lower in premarket action following the release of its quarterly update. The company's Q4 results topped projections, even as earnings fell from last year. Looking ahead, the drug maker predicted 2023 sales of between $57.2B-$58.7B, compared to a consensus estimate of $58.3B. Shares slipped 2% on the news.
The release of quarterly results also put pressure on Honeywell (HON). Shares dropped 4% after the firm's revenue failed to meet analysts' expectations. For 2023, HON predicted sales of $36B-$37B, compared to the $36.9B that experts were projecting.
Harley-Davidson (HOG) experienced a wave of premarket buying following the release of its financial figures. The firm's quarterly profit easily topped analysts' expectations. Meanwhile, revenue rose almost 12% to $1.14B -- nearly $230M above consensus. The stock rose about 7% before the opening bell.
Apple (AAPL) is expected to report its quarterly results after the closing bell. The iPhone maker is projected to earn $1.96 per share on revenue of $122B. Investors will also look for insights into China and the overall state of its supply chain.
A quarterly update is also due out from Amazon (AMZN). The online retailer is expected to post a quarterly profit of $0.17 per share, with revenue rising to around $145.8B. Wall Street will also dig into the numbers for the firm's AWS cloud business, a critical gauge of the firm's longer-term health.
Alphabet (GOOG) (GOOGL) is also on the list of the megacaps announcing their quarterly results in the postmarket period. The Google parent is projected to earn $1.20 per share, with revenue of $76.5B.


Looking elsewhere in the market, take a look at the top 10 ETF inflow leaders for January, including names related to fixed income and emerging markets.