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Hill-Rom stock rose and hit an all-time peak of $142.45 after rejecting Baxter International's buyout offer.
Tilray, Boeing, Alphabet, QuantumScape and Teva Pharmaceutical are five top stock gainers for Wednesday.
QuantumScape rises sharply Wednesday after the electric vehicle battery company reports tests on a new battery cell.
'Microsoft delivered revenue growth 5 points ahead of consensus and robust commercial bookings growth,' J.P. Morgan says.
Tilray swings to a quarterly profit of $33.5 million after reporting a loss of $84.3 million a year earlier.
TheStreet's Jim Cramer takes a look at the delta variant, the negative prism and Tesla's earnings.