U.S. stock futures edged higher Monday ahead of a busy week of earnings from big technology including Alphabet (GOOGL) - Get Alphabet Inc. Class A Report, Microsoft (MSFT) - Get Microsoft Corporation Report and Apple (AAPL) - Get Apple Inc. Report.
Here are some of the top movers ahead of the opening bell on Monday.
1. PayPal PYPL | Up 5.6%
Shares of PayPal (PYPL) - Get PayPal Holdings, Inc. Report jumped and Pinterest (PINS) - Get Pinterest, Inc. Class A Report tumbled after Bloomberg reported that the payments giant was not pursuing a deal with social media firm Pinterest (PINS) - Get Pinterest, Inc. Class A Report right now.
2. Tesla TSLA | Up 4.4%
Shares of Tesla (TSLA) - Get Tesla Inc Report rose sharply after analysts at Morgan Stanley boosted their price target on the electric vehicle maker to $1,200 a share following record third-quarter profit and deliveries. The stock also got a boost from news that Hertz Global (HTZ) - Get Hertz Global Holdings Inc Report had ordered 100,000 Tesla cars
3. Facebook FB | Down 0.7%
Internal documents released by a whistleblower highlighted matters including the company's concern about the declining interest of teen users on the platform.
4. Carnival CCL | Down 1.7%
Carnival Cruise Lines (CCL) - Get Carnival Corporation Report shares slipped after a Citi analyst downgraded the cruise ship operator to neutral from buy and slashed his price target to $24.50 from $34.