Hertz ordered 100,000 Tesla vehicles valued at $4.4 billion, the first big push to electrify its fleet since the rental-car icon emerged from bankruptcy proceedings.

Restaurant Brands, parent of Burger King, Tim Hortons and Popeyes, missed on analysts' revenue expectations.

Sustainable footwear maker Allbirds prices its IPO at between $12 and $14 a share, giving it a potential valuation of more than $2 billion.

Stocks moving in premarket trading include PayPal, Tesla, Facebook, Pinterest and Carnival.

Carnival shares fall as Citi downgrades the company on concern about limited revenue recovery.

Wall Street is looking to extend its October winning streak, with the Dow poised for a fresh record high, against a busy slate of Big Tech earnings later this week.

The market is anticipating the Fed could begin tapering – or reducing its asset purchases – sometime during Q4 of this year, potentially impacting both interest rates and the USD.

Kimberly-Clark shares fall as supply chain woes dent third-quarter toilet paper, Kleenex and diaper sales, prompting it to lower full-year guidance.

A trove of papers obtained by a Facebook whistleblower highlighting everything from concern over the declining interest of teen users to its role in the January Capitol riots were published just hours ahead of the group's third quarter earnings.

PayPal, which was linked to a $45 billion takeover of Pinterest last week, said Sunday it is "not pursing" an acquisition of the the social media company.