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

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

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Chinese stock futures slump after stimulus announcement

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Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.

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Airbnb is seeing ‘strong demand trends’ — with these caveats

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Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the fourth quarter despite a sales outlook that didn’t totally clear analysts’ expectations.

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

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

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