• Advanced Micro Devices Inc. plans to lay off around 1,000 employees to shift focus to emerging markets, particularly artificial intelligence chips.
• Cava Group Inc. raised its full-year forecast for a third consecutive quarter, reporting strong quarterly sales that outperformed market expectations, highlighting its success in the fast-casual dining sector.
• Spirit Airlines Inc. is close to an agreement with creditors to restructure its debt in bankruptcy court after failed merger talks with Frontier Group Holdings Inc.
• Mastercard Inc. issued a forecast for slower annual net revenue growth from 2025 to 2027, announced prior to its investor day.
• Spotify Technology SA reported growth in third-quarter subscribers and profit margins, attributing gains to reduced marketing and personnel costs amid an advertising slowdown.
• Instacart posted robust third-quarter revenue, showing resilience in grocery delivery, but projected earnings below analysts’ expectations for the current period.
• Charter Communications Inc. has reached a deal to acquire Liberty Broadband Corp. through an all-stock transaction.
• Volkswagen AG increased its investment in Rivian Automotive Inc. by $800 million, signaling support for the U.S. EV company despite softer electric vehicle demand.
• Wonder Group Inc. is acquiring Grubhub from Just Eat Takeaway.com NV for about $650 million, a significant discount from its earlier $7.3 billion valuation during the early COVID-19 period.

These market moves reflect broader trends as companies reposition in evolving markets, brace for economic shifts, and prepare for potential changes in fiscal policy and consumer demand.