Wall Street indexes are wavering amid another slew of results from some of the biggest U.S. companies. Here’s what we’re watching ahead of Wednesday’s action:

Chart of the Day

Write to James Willhite at james.willhite@wsj.com

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Wall Street indexes are wavering amid another slew of results from some of the biggest U.S. companies. Here’s what we’re watching ahead of Wednesday’s action:

  • Coca-Cola reported third-quarter profit and revenue that rose above expectations and raised its full-year earnings growth view.
  • McDonald’s reported third-quarter earnings and sales that beat expectations.
  • Robinhood Markets shares dropped in early trading. Fees tied to stock and options trades ticked down slightly at the popular app, while revenue tied to cryptocurrency trading tumbled 78% to $51 million.

Robinhood’s cryptocurrency trading revenue fell sharply in the recent quarter.

Photo: Amir Hamja for The Wall Street Journal

  • Microsoft ‘s earnings report showed that the software giant continued to benefit from the global shift toward remote work as its cloud business boosted its revenue last quarter.
  • DWAC, the blank-check company that is taking former President Donald Trump‘s social-media venture public, opened higher then quickly reversed track to shed more than 5%.
  • Enphase Energy shares soared more than 20%. KeyBanc lifted its price target for the stock after the solar technology company reported higher revenue during the recent quarter.
  • Google parent Alphabet was nudging higher after the search giant posted its highest quarterly revenue increase in 14 years, as smaller businesses pour money into digital ads.
  • Twitter largely dodged turmoil in the digital advertising market from new Apple app privacy policies and supply-chain disruptions as it reported a 37% jump in third-quarter revenue.
  • Visa beat earnings expectations amid higher payments volume, cross-border volume and processed transactions.
  • F5 Networks reported after Tuesday’s close that revenue had grown 11% during its fiscal year.
  • Boeing reported a quarterly loss as 787 Dreamliner production problems and its latest space-launch setback offset a recovery in demand for new aircraft.
  • Ford and eBay are among the companies reporting earnings after Wednesday’s close.
Chart of the Day

Write to James Willhite at james.willhite@wsj.com