5 stocks to watch on Wednesday: Netflix, United Airlines and more
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Following flat trading the previous day, the futures are pointing to a decline at the start of Wednesday's trading. Earnings news continues to be the major catalyst. Here are some stocks to watch on Wednesday:

Netflix (NASDAQ:NFLX) edged down in premarket trading following the release of its quarterly results. The video streaming service beat expectations on both profits and subscriber additions. However, the company's revenue failed to top projections, rising 4% from last year to reach $8.16B.

The release of quarterly results prompted premarket buying in United Airlines (UAL), with the stock climbing about 1%. The company reported a Q1 loss that came in narrower than expected. Looking ahead, the company reiterated its full-year profit forecast of $10 to $12 per share, with $3.50-$4.00 per share predicted for Q2.
Baker Hughes (BKR) rose 2% in premarket action after its earnings and revenue figures surpassed expectations. The results included a top-line total that rose 18% from last year to reach $5.7B, exceeding analysts' consensus by $180M.
Morgan Stanley (MS) reported a quarterly profit of $1.70 per share, falling from last year but topping expectations, which called for a bottom-line figure of $1.65 per share. The Wall Street bank benefited from a rise in trading revenue, offsetting a slide in asset management revenue.
Tesla (TSLA) is slated to report its quarterly results after the closing bell. Analysts project earnings for Elon Musk's EV maker of $0.85 per share on revenue of $23.4B. Investors will also look closely at the firm's automotive margins, with the firm engaging in a series of U.S. price cuts.


Looking at the broader market as earnings season begins to heat up, Seeking Alpha contributor Lawrence Fuller argues that "April looks like a great month for stocks" with quarterly results "arriving better than expected so far."