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Rivian, the electric vehicle maker, saw its stock rise by nearly 2% despite falling short on both top and bottom lines in the third quarter. While the company posted a loss of 99 cents per share on $874 million in revenue, analysts were anticipating better results. Pinterest, on the other hand, saw its shares tumble 11% after providing weak guidance for its fourth-quarter revenue.
Block, a fintech firm, reported a revenue miss in the third quarter, causing its shares to dip by 2%. However, the company’s adjusted earnings beat analysts’ estimates by one cent. Companies like Airbnb, Akamai Technologies, DraftKings, Sweetgreen, and Expedia Group also made headlines with their recent financial performances.
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