Wednesday’s big stock stories: What’s likely to move the market in the next trading session

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Here’s what CNBC TV’s producers were watching as the Nasdaq Composite closed at a fresh high, and what’s on the radar for the next session.

• Microsoft is up 1.2% in the past three months. Microsoft is 7.77% from the July 5 high.
• Meta Platforms is up 27% over the past three months. The stock hit a high Oct. 7, and it is down 1.6% from that level. The stock has exactly doubled in the last 12 months.

• The chipmaker reported Tuesday afternoon, beating revenue expectations and matching on earnings in the third quarter.
• AMD fell 7% in after-hours trading.
• It was on a run as of late, up nearly 8% in the past week.
• The stock is up 72% in the past year.
• CEO Lisa Su will be on CNBC TV Wednesday in the 9.a.m. hour, Eastern.

• The industrial giant reports Wednesday morning.
• Caterpillar shares are up 12.5% in the past three months.
• It is 4% from the high hit two weeks ago.

• Several big name pharma and biotech companies report on Wednesday.
• Eli Lilly is due before the bell. The stock is up about 12% in the three months. Shares are up 55% year to date, and they stand 7% from the August high.
• AbbVie is up 4.1% in three months. The stock is 5% from the September high.
• Biogen is down 14% over the past three months. The biotech is 31% from the January high.
• U.S-traded shares of GSK are down 4.6% over the past three months. The stock is 17% from the 52-week high hit back in May.
• Amgen reports after the bell. The stock is down about 5% in three months. Amgen is 9% from the July high.

• As yields rise, the homebuilders are falling.
• Jim Cramer and the “Mad Money” team did a good bit on the sector Tuesday night at 6 p.m.
• The SPDR S&P Homebuilders ETF (XHB) is down 8.6% since hitting a high on Oct. 18.
• D.R. Horton is the worst of the bunch in the last week, down 7.25% in that period. Shares are down 12% in October.
• PulteGroup is down about 3% in a week and 9.7% in October.
• Lennar is down 9.3% in October.
• Toll Brothers fell 2.2% Tuesday. It is down 4.6% in October.
• KB Home is down 8.45% in October.