Mondelez misses third-quarter sales estimates

More in Business

• GM reaches $220M settlement over selling drivers’ private data

  The resolution addresses widespread scrutiny across 36 states regarding the automaker's monetization of personal driving habits and trip records through data brokers to insurance carriers. To avoid future violations, the company must now overhaul its data governance and submit to outside oversight as it deploys next-generation connected vehicle software.

  2 min read
• Amazon reports Q3 AWS revenue up 39% YoY to $45.98B, above $45.29B est., and AWS operating income up 55% to $17.77B, above $16.97B est. (Jordan Novet/CNBC)

  Strong quarterly demand for cloud-computing infrastructure powered significant gains across Amazon's enterprise division. The unit demonstrated higher-than-projected expansion, lifting overall financial metrics past Wall Street benchmarks. Robust operational performance also propelled operating earnings well beyond original projections for the period.

  1 min read
• Symbotic says Walmart has committed an additional $6B over several years to deploy Symbotic's supply-chain automation technology across its distribution network (Sanskriti Shekhar/Reuters)

  The retail giant is significantly expanding its logistical partnership through a multi-billion-dollar injection aimed at modernizing warehouse operations. This multi-year capital commitment accelerates the integration of advanced robotics throughout the company's regional facilities. The ongoing collaboration is expected to enhance operational efficiency and streamline fulfillment processes across the nationwide distribution footprint.

  1 min read