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DETROIT – Rivian Automotive beat Wall Street’s expectations for the third quarter, as the company reported a its second quarterly gross profit this year thanks to a joint venture with Volkswagen and its software and services business.Here’s what Wall Street expected, based on average analysts’ estimates compiled by LSEG:Loss per share: 65 cents adjusted vs. a loss of 72 cents expectedRevenue: $1.56 billion vs. $1.5 billion expectedRivian stock was up more than 3% in extended trading Tuesday, after closing down 5.2% at $12.50 per share. The stock is off roughly 6% this year.Regarding its gross profit, which is closely watched by investors, the…

by Sarah Kuta Last updated: 11:30 AM ET, Tue November 4, 2025 Holland America Line is sharing more details about its 2027-28 South America and Antarctica cruise season. From November 2027 to March 2028, Zuiderdam and Oosterdam will offer itineraries ranging from 14 to 31 days, with embarkation options in Buenos Aires, Argentina; San Antonio (Santiago), Chile; and Fort Lauderdale and Miami, Florida.   Travelers can enjoy scenic sailing experiences that give them a front-row seat to landmarks like the Pío XI Glacier, Glacier Alley, the Beagle Channel and the Chilean Fjords. Overland adventures in South America will also provide access…

E-commerce software provider Shopify is bullish on AI-powered shopping agents, citing AI as an “incredible tool” to enable more entrepreneurs and calling it the “biggest shift in technology since the internet” during its third-quarter earnings call. The company, which partnered with ChatGPT maker OpenAI in September, reported that traffic from AI tools to its online stores is up 7x since January of this year, and purchases attributed to AI-powered search have increased by 11x. According to Shopify president Harley Finkelstein, the company’s advantage in the AI era comes from its ability to access the data from millions of merchants and…

Pedestrians carry Cava bags along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 18, 2025. Michael Nagle | Bloomberg | Getty ImagesCava on Tuesday cut its full-year forecast for the second straight quarter as younger consumers visit its restaurants less frequently.”When you look at different age demographics of fast casual, the 25- to 34-year-old consumer seems to be impacted a bit more than others, and fast casual tends to have a higher concentration of those consumers within their guest portfolio,” CFO Tricia Tolivar said in an interview, adding that the company saw…

Norway’s sovereign wealth fund has voted against a Tesla proposal to give CEO Elon Musk a compensation package worth $1 trillion. The fund, which is managed by Norges Bank Investment Management (NBIM), holds a 1.14% stake in Tesla valued at about $11.7 billion, according to its mid-year filings in June. “While we appreciate the significant value created under Mr. Musk’s visionary role, we are concerned about the total size of the award, dilution, and lack of mitigation of key person risk — consistent with our views on executive compensation,” the fund said in a statement posted on its website. “We…

SAN FRANCISCO (AP) — The California Supreme Court has let stand a lower-court ruling that the University of California’s policy barring students without legal status in the US from campus jobs is discriminatory and must be reconsidered. Officials with the university system say the decision puts them in a precarious position as they negotiate with the Trump administration after the withdrawal of federal research funds.A 2024 lawsuit argued that UC’s ban defied state law. In August, the First District Court of Appeals ruled that UC had not provided sufficient evidence to justify its “discriminatory policy” of not hiring students who…

by Mia Taylor Last updated: 2:40 PM ET, Mon November 3, 2025 Online travel agency kimkim has a new platform designed to connect travel advisors with a global network of destination management companies and vetted in-destination specialists.The platform gives advisors access to a roster of specialists that kimkim has spent a decade curating and also offers a variety of tools to handle client communications, trip management and commissions. “As a travel advisor on kimkim, you’ll have a reliable partner who offers personalized trip planning, fast turnaround, and a global network with insider access,” says the new travel advisor platform. “We’ll…

Sora, the AI video generator from OpenAI, is now officially available for Android users in the U.S., Canada, Japan, Korea, Taiwan, Thailand, and Vietnam.  Initially launched as an iOS app in September, Sora quickly rose to the top of the App Store charts, amassing over 1 million downloads in a week. With its arrival on the Google Play Store, Sora is expected to attract a larger user base, likely resulting in a surge in downloads.   The Android version retains all the features of its iOS counterpart, including the “Cameos” feature, which allows users to generate videos of themselves performing various…

BOSTON (AP) — Two men who were in the Boston area for college Halloween parties last weekend set off fireworks in an empty Harvard Medical School building, authorities said Tuesday in announcing their arrests.Logan David Patterson, 18, and Dominick Frank Cardoza, 20, were arrested Tuesday morning on charges of conspiracy to damage by means of fire or an explosive.Hours after their arrest, Patterson and Cardoza were escorted into U.S. District Court in Boston in handcuffs as relatives of at least one of them looked on. Judge Jessica Hedges asked if they understand the process, and both said they did. She…

At South Korea’s largest amusement park, crowds of people wait for hours to be a part of the “KPop Demon Hunters” craze.U.S. streaming giant Netflix, the distributor of the Sony Pictures Animation film, has collaborated with the Everland park outside of the capital city Seoul to create a themed zone featuring whack-a-mole, dance games and snacks from the movie.It’s the latest iteration of the “KPop Demon Hunters” frenzy as the film takes Netflix by storm — and delivers a boost to the $10 billion K-pop music industry along with it.Netflix said in August that “KPop Demon Hunters” had become the…