Here are five things you must know for Thursday, Nov. 8:

1. -- Stocks Point Lower Ahead of Fed's Decision on Interest Rates 

U.S. stock futures pointed lower on Thursday, Nov. 8, following a Wall Street rally that came after the results of the midterm elections appeared unlikely to trigger major changes for either the domestic economy or the path of interest rates in the United States.

Contracts tied to the Dow Jones Industrial Average fell 52 points, futures for the S&P 500 were down 9.25 points, and Nasdaq futures tumbled 30.75 points.

Stocks rallied Wednesday, Nov. 7, as the midterm elections played out pretty much as expected. The Dow jumped 545 points, or 2.1%, to 26,180, and the S&P 500 closed at 2,813, its highest finish in four weeks. The Nasdaq gained 2.6%.

Speaking of interest rates, the economic calendar in the U.S. on Thursday includes an announcement on rates from the Federal Reserve at 2 p.m. ET. Experts have predicted the central bank won't raise interest rates at the meeting, but indications were the Fed will do so at its meeting next month. The Fed has raised rates three times so far in 2018.

The calendar also includes weekly Jobless Claims at 8:30 a.m. 

D.R. Horton Inc. (DHI) - Get Report reported fiscal fourth-quarter earnings of $1.22 a share vs. 82 cents a year earlier. Analysts were expecting profit of $1.22. Revenue of $4.51 billion for the homebuilder was just shy of estimates. 

Earnings reports are also expected Thursday after the closing bell from Walt Disney Co. (DIS) - Get Report  and Activision Blizzard Inc. (ATVI) - Get Report .

Walt Disney is a holding in Jim Cramer's Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells DIS? Learn more now.

2. -- Tesla Appoints Robyn Denholm as Chair to Replace Elon Musk

Tesla Inc. (TSLA) - Get Report  appointed current board member Robyn Denholm as chair of the electric vehicle company.

Denholm succeeds Tesla CEO and founder Elon Musk, who agreed to relinquish the chairmanship for three years in a settlement with the Securities and Exchange Commission stemming from misleading tweets he made claiming to have financing to take the company private.

Denholm will be leaving her role as chief financial officer and head of strategy at Australian telecom company Telstra Corp. after six months, Tesla said in a statement.

Denholm has sat on Tesla's board since 2014 as an independent director, the company said. She previously served as finance chief of Juniper Networks Inc. and in a variety of finance management positions at Toyota Motor Corp.

Musk said in a statement that Denholm "has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company."

3. -- Google Reportedly Plans a Major New York Expansion 

Alphabet Inc.'s (GOOGL) - Get Report  has plans for a major expansion of its presence in New York, adding enough real estate to nearly double its current staff there, The Wall Street Journal reported.

The report, citing people familiar with the matter, said the expansion would make room for almost 20,000 employees -- a number that would be near the estimated 25,000 jobs Inc. (AMZN) - Get Report  would add if it follows through on reported plans for a new location in New York.

Google was close to a deal to buy or lease a planned 1.3 million-square-foot office building at St. John's Terminal in the city's West Village neighborhood, the Journal reported.

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4. -- Earnings Wrap: Qualcomm, Square, Roku

Qualcomm Inc. (QCOM) - Get Report  fell 6.8% in premarket trading on Thursday after the chipmaker reported a fiscal fourth-quarter loss of $493 million, or 35 cents a share, a reversal from year-earlier earnings of $168 million, or 11 cents.

On an adjusted basis, earnings were 90 cents a share, beating forecasts of 83 cents. Revenue of $5.8 billion came in higher than analysts' expectations of $5.53 billion.

Qualcomm said it expects first-quarter adjusted earnings of between $1.05 to $1.15 a share on revenue of $4.5 billion to $5.3 billion. Analysts were calling for profit of 94 cents on revenue of $5.59 billion.

Square Inc.'s  (SQ) - Get Report  third-quarter earnings of 13 cents a share topped expectations by 2 cents but the payments company said it expects fourth-quarter earnings of 12 cents to 13 cents, below analysts' forecasts of 15 cents. Net revenue of $431 million beat estimates of $414 million.

Square fell 4.7% in premarket trading.

Roku Inc. (ROKU) - Get Report  shares tumbled 12.3% after the streaming video platform said it expected to report fiscal fourth-quarter results in the range of a loss of $4 million to earnings of $3 million, below analysts' forecasts for earnings of $7 million.

Roku reported a third-quarter loss of 9 cents a share, narrower than analysts' expectations that called for a loss of 12 cents. Sales of $173.4 million topped estimates.

5. -- Ford Buys Electric Scooter Company Spin

Ford Motor Co. (F) - Get Report  has agreed to buy electric scooter startup Spin, according to Axios, which cited multiple sources.

The deal was worth close to $100 million, according to two sources, though another source had put the price tag in the range of $40 million, which is around where Spin was valued after its Series A funding last year, Axios reported.

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