US stock futures (ES=F, NQ=F, YM=F) are abuzz this morning after EV maker Tesla (TSLA) reported mixed third quarter earnings results after the closing bell on Wednesday. Tesla shares have been soaring in pre-market trading, adding $80 billion to the company's market cap.

While releasing its earnings results, Southwest Airlines (LUV) has reached a deal with activist investor Elliott Management. Meanwhile, United Parcel Service (UPS) beat third quarter earnings estimates. Catch Yahoo Finance's interview with UPS Chief Financial Officer Brian Dykes later today.

The International Association of Machinists and Aerospace Workers (IMA) union rejected the latest labor contract proposal from aircraft manufacturer Boeing (BA). It has been nearly a month and a half since Boeing factory workers went on strike in mid-September.

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This post was written by Luke Carberry Mogan.