US Stock Futures Edge Higher

US stock futures edged higher Thursday, following a day of declines on Wednesday marked by rising yields and falling megacap tech shares.

Biggest Premarket US Stock Movers

Tesla (NASDAQ:TSLA): Stock rose 13% after posting better-than-projected third-quarter profit and forecasting a "slight" jump in deliveries this year.
Boeing (NYSE:BA): Stock fell 3.7% after striking machinists rejected a revised contract offer, extending a labor action affecting CEO Kelly Ortberg's plans.
Southwest Airlines (NYSE:LUV): Stock rose 1.4% amid reports of a settlement with Elliott Investment Management, avoiding a proxy fight. The airline also posted a surprise third-quarter profit.
United Parcel Service (NYSE:UPS): Stock rose 7.3% after reporting third-quarter earnings and revenue that exceeded expectations.
Northrop Grumman (NYSE:NOC): Stock rose 1.1% after raising its 2024 profit forecast amid increased global defense spending due to geopolitical conflicts.
Hasbro (NASDAQ:HAS): Stock rose 3.3% despite a drop in sales; stringent cost controls boosted margins.
IBM (NYSE:IBM): Stock fell 4.8% due to reduced enterprise spending affecting its consulting segment.
Keurig Dr Pepper (NASDAQ:KDP): Stock fell 1.2% after announcing plans to buy a 60% stake in Ghost for $990 million.
Harley-Davidson (NYSE:HOG): Stock fell 1.9% as the company trimmed its revenue forecast due to inflation and high borrowing costs.
KKR (NYSE:KKR): Stock rose 4.2% after a jump in adjusted net income, driven by record fee income and insurance earnings.