By laksh5382 
Take a look at the companies making headlines before the bell: Tesla – Shares of the electric vehicle maker rose nearly 13% after the company reported better-than-expected third-quarter profit. According to CEO Elon Musk, the company also expects to see a 20% to 30% increase in vehicle growth next year. United Parcel Service – The parcel delivery stock rose more than 7% as the company reported third-quarter earnings and revenue declines. For the period, UPS earned $1.76 per share on revenue of $22.25 billion, beating LSEG’s consensus estimates of earnings per share of $1.63 and revenue of $22.14 billion. Lam Research – The stock rose more than 6% after the semiconductor equipment maker’s fiscal first-quarter data beat Wall Street expectations. The company reported earnings of 86 cents per share on revenue of $4.16 billion, exceeding consensus estimates of 80 cents in earnings per share and revenue of $4.05 billion per LSEG. Seadrill – Shares rose more than 9% after Bloomberg News reported the company was in merger talks with rival Transocean, citing people familiar with the matter. According to Bloomberg News sources, no deal has been finalized and the companies may choose to remain independent. Newmont – The stock fell more than 4% after the company reported lower-than-expected third-quarter earnings. Newmont reported earnings of 81 cents per share, excluding items, on revenue of $4.61 billion. Analysts surveyed by FactSet had expected 86 cents a share on revenue of $4.67 billion. QuantumScape – Shares rose more than 17% after the company reported third-quarter results that met expectations. The lithium battery maker had a loss of 23 cents per share. T-Mobile – The stock rose more than 2% after the company reported better-than-expected third-quarter results. T-Mobile earned $2.61 a share on revenue of $20.16 billion. Analysts polled by FactSet were expecting earnings of $2.43 per share and revenue of $20.01 billion. Boeing shares fell 3.7% after machinists rejected a new labor agreement and extended a five-week strike. Mattel – The toymaker gained 2.1% even after posting mixed third-quarter results. Mattel earned $1.14 per share, excluding items, beating the LSEG consensus forecast of 95 cents per share. However, the company posted revenue of $1.84 billion for the quarter, slightly below the $1.86 billion figure estimated by Wall Street. Honeywell – The stock fell nearly 2% after the company missed third-quarter revenue estimates. Honeywell posted $9.73 billion, below the consensus estimate of $9.91 billion, according to FactSet. However, earnings were better than expected. Northrop Grumman – Shares rose 1% after the defense company reported third-quarter earnings per share of $7, above the consensus estimate of $6.07 per share from analysts surveyed by LSEG. On the other hand, revenue for the quarter came in at $10 billion, despite analysts’ estimates of $10.18 billion. Southwest Airlines – The stock rose 1% after the airline reported third-quarter earnings. Adjusted earnings totaled 15 cents a share, while analysts polled by FactSet expected the company to post a loss. Revenue was $6.87 billion, above the expected $6.47 billion. Southwest also said it expects higher revenue in the fourth quarter. Molina Healthcare – Shares rose 10% after the managed care company beat analysts’ expectations in its latest quarter. Molina Healthcare reported adjusted earnings of $6.01 per share, better than the LSEG consensus estimate of $5.81 in earnings per share. Revenue of $10.34 billion exceeded the forecast $9.91 billion. IBM – The stock fell more than 3% after the company missed revenue expectations for the third quarter. IBM posted $14.97 billion, below the FactSet estimate of $15.06 billion. Whirlpool – Shares rose 4% after the home appliance company topped third-quarter expectations. Whirlpool reported earnings of $3.43 per share, better than the $3.20 per share expected by analysts surveyed by FactSet. American Airlines – The stock fell more than 3% despite topping Street estimates for the third quarter. American Airlines also raised its outlook for the full year after changing its sales strategy. “We have taken aggressive actions to reset our sales and distribution strategy and re-engage the business travel community, which we believe will improve our revenue performance over time,” CEO Robert Isom said in an earnings release. ” — CNBC’s Alex Haring, Sarah Min and Michelle Fox Theobald contributed reporting.