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Netflix beat third-quarter earnings estimates but its shares fell 6% after the company lowered full-year ad revenue guidance to $2.7 billion from a previous $3 billion forecast.
UnitedHealth Group reported third-quarter earnings that exceeded Wall Street expectations and raised its full-year profit guidance to at least $20.50 per share, citing progress in managing medical costs through value-based care and artificial intelligence investments.
American Airlines forecasts a larger loss for 2026 amid surging jet fuel costs, despite record revenue. The carrier plans to slow capacity growth next year as fuel expenses spike following geopolitical tensions.
Volvo Cars shares plunged 27% after the Swedish automaker reported a sharp operating loss and announced plans to cut 2,500 jobs, citing a steep sales decline in China that came faster than anticipated.
Tesla reported third-quarter results exceeding analyst expectations, though automotive revenue declined 3% year-over-year and the stock fell more than 3% in extended trading following the announcement.
David’s Bridal plans to separate its artificial intelligence platform Pearl into an independent publicly traded company with a target valuation of approximately $350 million, expected to close in the first half of 2027.
