Tesla, Pinterest, IBM, Intel: What to Watch When the Stock Market Opens Today

Tesla, Pinterest, IBM, Intel: What to Watch When the Stock Market Opens Today

Futures put Wall Street indexes on course to open with muted losses. Here’s what’s moving in premarket trading:

Tesla shares slipped 1% ahead of the opening bell. The electric-vehicle maker notched a third consecutive record quarterly profit, thanks in part to its ability to navigate persistent global supply-chain disruptions.

AT&T gained 1.1%. The carrier added 928,000 postpaid phone subscribers in the third quarter, showing how a year of deep handset discounts for new and existing customers is proving a winning formula.

Pinterest shed 1.1% premarket, eating into Wednesday’s 13% rise that came after The Wall Street Journal reported that PayPal is in talks to acquire the social-media platform.

Blackstone , American Airlines and Union Pacific are due to report before the open.

IBM fell 4.7% premarket after it reported weaker-than-expected revenue in the latest quarter, weighed down by its cloud business and some clients’ pause in spending.

CSX gained 2.8% premarket on slim volume. The rail operator posted third-quarter results ahead of expectations, as