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Starbucks reported mixed quarterly results with strong U.S. performance offsetting international underperformance, as the coffee chain projects adjusted earnings above expectations for fiscal 2027.
Rivian beat third-quarter earnings expectations as R2 SUV deliveries ramped up, with the company revising 2026 guidance to reflect improved vehicle deliveries and reduced losses.
Intel shares fell 16% after the chipmaker issued weak fourth-quarter guidance, citing a slowdown in the global PC market and forecasting lower revenue than analyst expectations.
Reddit shares fell over 15% after the company reported third-quarter earnings that beat expectations but offered weak fourth-quarter guidance, with CEO citing declining Google search referral traffic.
Porsche’s operating profit rebounded to 1.74 billion euros in the first nine months of 2026, though revenue and vehicle deliveries fell as the automaker reduced its China exposure amid intensifying competition.
Frontier Airlines reported a 71% increase in airfare during the third quarter as the budget carrier sought to offset significant jumps in jet fuel costs.
