Brinker says the industrywide labor shortage and rising commodity prices are eating into its profit margins.

Stocks moving in premarket trading include Netflix, Verizon, Novavax, Biogen and United Airlines.

Biogen posts third-quarter earnings that beat forecasts and also ups its full-year profit forecast amid strong expected demand for its Alzheimer's treatment drug.

Simmering inflation concerns are holding back bulls Wednesday amid a solid earnings season that has the S&P 500 within touching distance of its early September peak.

Verizon posts stronger-than-expected third-quarter earnings and lifts its full-year forecast amid strong consumer demand for 5G-enabled devices and services.

Politico reported Wednesday that Novavax is facing vaccine production delays linked to concerns over testing standards.

Credit Suisse analyst Dan Levy sees both Ford and GM beating Q3 earnings forecasts and boosting near-term profit guidance as the industry works its way out of the global semiconductor shortage.

Bitcoin touches $64,000 for the first time since mid-April as the first bitcoin futures-based U.S. exchange traded fund hauls in more than $570 million in its first day.

Squid Game's astonishing success helped lift Asia-Pacific subscriber growth for Netflix and power a solid earnings beat for the streaming service benchmark.

Stocks cautiously higher amid earnings binge; Netflix rides Squid Game to earnings beat; Facebook reportedly planning corporate rebrand; Tesla Q3 earnings in focus and Europe's most vocal inflation hawk calls its quits.