Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million. The automaker's net loss narrowed year over year to $1.1 billion compared with $1.

As widely expected, the Federal Open Market Committee cut its policy rate by 25 basis points to 4.50–4.75% on Thursday, its second rate cut in a row.

Dutch Bros Inc., the popular drive-thru coffee chain based in Grants Pass, Oregon, reported impressive financial results for the third quarter. The company announced a net income of $12.6 million, equating to a profit of 11 cents per share.

The company's net loss for the third quarter widened to $992.5 million compared with a loss of $630.9 million a year earlier.