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Phunware narrows third-quarter loss amid revenue decline

Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.

DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes

DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.

Pinterest’s stock tumbles as earnings show slim revenue beat

Pinterest Inc.’s stock tumbled 14% in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.

Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.

Affirm sees booming buy-now-pay-later growth, but stock dips after earnings

The company is seeing more of its business shift toward interest-bearing products.

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Toast’s stock soars 26% after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.

Trump’s win and the Fed’s rate cut are giving the stock market an open road

S&P 500 races ahead, and opportunities surface in solar power and crypto.

Lucid opens its order books for Gravity SUV, calling it a ‘landmark’ EV

Lucid to start taking orders for its Gravity SUV and says its financial runway is wide open through 2026.

Block offers a glimpse of what to expect next year, but its stock slides

The parent company of Square and the Cash App expects to keep expanding operating margins into 2025.

S&P 500 in a ‘mania’ as stock-market rally overshoots, says Wall Street bear

One of Wall Street’s last remaining bears warned Thursday that the S&P 500 is approaching “mania” levels as stocks become more expensive, setting up the potential for a further surge in the near term followed by a painful pullback.

Upstart’s return to ‘growth mode’ helps send the AI lending stock higher

Loan volumes picked up 43% on a sequential basis.
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