Futures pop as investors digest earnings flood

Twitter (TWTR) is planning to cut 8 percent of its workforce or about 300 jobs, according to a Bloomberg report . Meanwhile, Twitter said it would report earnings before-the-bell on Thursday, instead of after the close on Wall Street.

Netflix (NFLX) CEO Reed Hastings said he approved of AT&T's (T) planned $85 billion acquisition of Time Warner (TWX), as long as the video streaming service, which depends on broadband pipes owned by AT&T and others, continues to be treated fairly. (CNBC)

Count Verizon CEO Lowell McAdam among the fans of AT&T's planned acquisition of Time Warner. But he said that doesn't mean Verizon (VZ) is going to ramp up its media acquisitions. (CNET)

Syngenta (SYT) expects its $43 billion sale to ChemChina to go ahead as planned, but the approval and subsequent closure to stretch into 2017 . The pesticides maker had originally hoped the deal would close by the end of the year. (CNBC)

A Chinese electronics maker has issued a recall for millions of products sold in the U.S., following a massive cyberattack that briefly blocked access to websites. But Hangzhou Xiongmai Technology has lashed out at critics who blamed its devices. (AP)

Consumer Reports ranked Tesla (TSLA) 25 out of 29 brands on its annual automotive reliability survey, placing the electric carmaker near the bottom of the influential magazine's list. (Detroit Free Press)

Anheuser-Busch (BUD) hauled a trailer loaded with beer 120 miles in an autonomous-drive truck , completing what's believed to be the first commercial shipment by a self-driving vehicle. (CNBC)

Obamacare prices for next year are soaring. The average monthly enrollment payment for a closely watched type of plans sold on the federal marketplace are set to rise by an average of 25 percent in the 39 states. (CNBC)

Hillary Clinton's 5-percentage point lead over Donald Trump remains virtually unchanged since last week, according to the latest NBC News|SurveyMonkey poll. But a majority of Republicans and GOP-leaning voters see a lasting fracture in the party.

On this morning's economic calendar, the Case-Shiller report on home prices for October is out at 9 a.m. ET, and the Conference Board issues its October consumer confidence index at 10 a.m. ET.

Ahead next week's central bank meeting, Atlanta Fed President Dennis Lockhart speaks at 1:20 p.m. ET this afternoon. Lockhart is not a policy panel voting member this year.

Other companies out with earnings include Eli Lilly (LLY), General Motors (GM), JetBlue (JBLU), Sprint (S), and Under Armour (UA) this morning, as well as Chipotle (CMG), Discover (DFS), and Express Scripts (ESRX) this afternoon.

Today CNBC unveils the CNBC iQ 100 Index, a first-of-its-kind rules-based index of large-cap companies that best derive revenue growth through the use of protected, proprietary technology. It's powered by MCAM-International.

IBM (IBM) issued an apology to the government of Australia after a cyberattack disrupted a national census. IBM had been the lead contractor for the survey, although the government is blaming the breach on two domestic internet service providers.

Rambus (RMBS) topped estimates by 3 cents with quarterly profit of 16 cents per share. Revenue also beat. The chipmaker also provided strong fourth quarter sales guidance.

Novartis (NVS) reported quarterly profit of $1.23 per share, 3 cents above estimates, with revenue essentially in-line. The drug maker also reaffirmed its prior 2016 outlook.

Sonic (SONC) came in a penny above estimates with adjusted quarterly profit of 45 cents per share. But the restaurant chain gave a full-year outlook that disappointed investors.

The Chicago Cubs and Cleveland Indians — each looking to end their respective World Series droughts — meet in Game 1 in Cleveland tonight. The Indians last won a Series in 1948. The Cubs last won in 1908. (USA Today)

The Cleveland Cavaliers, before a home crowd, begin their defense of their first NBA championship when the season opens tonight against the visiting New York Knicks. (USA Today)