Here are five things you must know for Thursday, Oct. 26:

1. -- U.S. stock futures turned higher on Thursday, Oct. 26, ahead of earnings from some very large players in the tech space, while European stocks rose ahead of a meeting of the European Central Bank.
The ECB is expected on Thursday to detail the first steps toward unwinding its $4.5 trillion balance sheet.

Asian shares finished Thursday's session mixed, with Japan's Nikkei gaining 0.15% and the Hang Seng in Hong Kong slipping 0.36%.

The economic calendar in the U.S. on Thursday includes International Trade in Goods for September at 8:30 a.m. ET, and weekly Jobless Claims at 8:30 a.m.
U.S. stocks on Wednesday, Oct. 25, declined following disappointing earnings from a number of key companies. 
The Dow Jones Industrial Average fell 0.48%, or 112 points, and retreated from its record closing high set a day earlier. The S&P 500 fell 0.47%, and the Nasdaq declined 0.52%. 
If you'd like to receive the free "5 Things You Must Know" newsletter, please register here.

2. -- Ford Motor Co. (F - Get Report) earned an adjusted 43 cents a share in the third quarter, 10 cents above estimates. The stock rose 1.6% in premarket trading.

Twitter Inc. (TWTR - Get Report) shares jumped more than 8% in premarket trading after the company reported third-quarter adjusted profit of 10 cents a share vs. estimates of 6 cents.

Comcast Corp. (CMCSA - Get Report)  shares rose 1.8% after the media, entertainment and telecommunications company posted an adjusted profit of 55 cents a share in the third quarter vs. expectations of 49 cents.

Earnings reports are also expected Thursday from Alphabet Inc. (GOOGL - Get Report) , Inc. (AMZN - Get Report) , Microsoft Corp. (MSFT - Get Report) , Intel Corp. (INTC - Get Report) , Xerox Corp. (XRX - Get Report) , Time Warner Inc. (TWX) , Mattel Inc. (MAT - Get Report) , Gilead Sciences Inc. (GILD - Get Report) , Celgene Corp. (CELG - Get Report) , American Airlines Group Inc. (AAL) , Dunkin' Brands Group Inc. (DNKN - Get Report) and ConocoPhillips (COP - Get Report) . 

Here's what Jim Cramer is watching for when Alphabet reports after the bell:

Alphabet is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells GOOGL? Learn more now.

3. -- Deutsche Bank AG (DB - Get Report)  fell 1.4% in premarket trading in the U.S. on Thursday after Germany's biggest bank reported a wider-than-expected slump in third-quarter trading and investment banking revenue. 

The bank said trading declined 30% in the September-ended quarter, worse than the 24% fall expected by analysts. 

Revenue for the third quarter fell 10% year on year to €6.8 billion ($8 billion), in line with expectations.The company also reported that revenue in its corporate and investment bank fell 23% to €3.5 billion on "muted client activity and low volatility vs. the prior year quarter which saw high levels of client activity post-Brexit." 

Deutsche Bank fared much worse than the five biggest U.S. investment banks reporting a 16% fall in equities revenue and a 36% fall in fixed income revenue from the same period period last year. The U.S. banks averaged a 2% rise in equities revenue and a 22% decline in fixed income.

Net income in the quarter more than doubled to €649 million, beating analysts' expectations of €281 million. Pretax profit was up 51% to €933 million.

4. -- Saudi Arabian Crown Prince Mohammed bin Salman, in an interview with Bloomberg News, backed the extension of OPEC production cuts beyond March 2018.

The prince, who has become the kingdom's dominant political force, said that "of course" he wanted to extend the cuts into 2018. "We need to continue stabilizing the market," he told Bloomberg. 

Saudi officials until now have signaled they favored prolonging the cuts, but stopped short of making a formal commitment, saying all options were still open, Bloomberg noted.

Oil prices in the U.S. slipped 0.02% to $52.17 a barrel early Thursday .

5. -- Shares of Buffalo Wild Wings Inc.  (BWLD) jumped 19% in premarket trading on Thursday after the restaurant chain posted third-quarter profit that topped expectations, benefiting from a shift to boneless chicken wings.

The company reported earnings of $1.36 a share on revenue of $496.7 million. Analysts surveyed by FactSet expected the company to report earnings of 79 cents a on sales of $501.1 million.

Wing prices, a significant component of Buffalo Wild Wings' cost of goods sold, averaged $2.16 per pound during the third quarter, up 25.6% year over year. Wing prices accounted for 30.8% of the cost of restaurant sales, the company said.

"The recent Tuesday promotion shift from traditional to boneless wings at company-owned restaurants will continue to improve cost of sales while traditional wing prices remain elevated," CEO Sally Smith said in a statement. "Combined with our cost savings initiatives and service excellence focus, we are optimistic these actions will deliver an improving bottom line."

This story has been updated to include earnings reports from Ford, Twitter and Comcast.

More of What's Trending on TheStreet:

Join Jim Cramer, CNBC's Jon Najarian and Other Experts Oct. 28 in New York

Jim Cramer will host CNBC's Jon Najarian, TD Ameritrade's JJ Kinahan, famed analytics expert Marc Chaikin and other market mavens on Oct. 28 in New York City to share successful strategies for active investors.

You can join them as they discuss how smart investors can make the most of options trading, futures contracts, fundamental and quantitative analysis and great ETFs to buy right now. Participants will also get a chance to meet Jim and other panelists and take photos.

When: Saturday, Oct. 28, 8 a.m.-3 p.m.

Where: The Harvard Club of New York, 35 West 44th St., New York, N.Y.

Cost: $250 per person.

Click here for the full conference agenda or to reserve your seat now.