Kraft Heinz to divest North America coffee unit amid Cahillane’s turnaround effort

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• Uber reports Q3 revenue up 10% YoY to $14.8B, Gross Bookings up 20% to $59.8B, trips up 16% to 4B, and plans to scale its autonomous fleet to 2,000+ in 2027 (Rafe Rosner-Uddin/Financial Times)

  Strong consumer demand continues to drive double-digit expansion across the ride-hailing company's core platform operations. At the same time, the business is establishing a long-term technology footprint by preparing a commercial self-driving rollout later this decade. These milestones underscore the platform's sustained volume growth alongside its future strategic bets.

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• SpaceX, Tesla slide as election risks mount, Morgan Stanley turns bullish

  Investors are reacting cautiously as political uncertainties surrounding the upcoming vote begin to pressure major technology and aerospace ventures. Market participants are weighing the potential regulatory impacts against shifting Wall Street perspectives. The divergence highlights a growing tension between macroeconomic policy developments and individual analyst valuations.

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• HP names former GSK CEO Emma Walmsley as its new CEO, effective January 4, permanently filling the role after HP's Enrique Lores departed in February 2026 (Bloomberg)

  The technology giant has finalized its succession plan by securing an experienced corporate leader to steer the company forward. This permanent executive appointment resolves months of leadership vacancy at the helm of the organization. The transition establishes a definitive chief executive direction following the previous leader's exit.

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