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2024-06-28 04:22:00 ET The once-hot electric vehicle (EV) market fizzled out over the past two years as many automakers grappled with rising interest rates, higher production costs, supply chain constraints, and a persistent price war in China. As the market cooled off, many investors rotat...
2024-06-28 04:08:00 ET Rivian (NASDAQ: RIVN) won the attention of investors when it went public back in 2021 at a time when investors were giddy about electric-vehicle (EV) stocks and low interest rates made car buying more affordable than today. Fast forward a few years, and high i...
A look at the top 10 most actives in the United States Faraday Future Intelligent Electric Inc. (FFIE) rose 30.9% to $0.6 on volume of 558,931,853 shares NVIDIA Corporation (NVDA) fell 1.9% to $123.99 on volume of 249,243,816 shares Assure Holdings Corp. (IONM) rose 82.8% to $0.424 on vol...
2024-06-27 14:46:32 ET Shares of the electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) accelerated this week after the company announced a new joint venture with Volkswagen , which gives Rivian an initial $1 billion in cash. That was the main headline for Rivian t...
2024-06-27 14:27:19 ET Summary Lucid Group, Inc. investors reacted positively to the Volkswagen-Rivian joint venture news. Lucid recently had an almost 30% short-interest ratio, suggesting some short-covering could have occurred. Lucid already has a cornerstone backer: the Sau...
2024-06-27 09:17:08 ET Rivian Automotive (NASDAQ: RIVN) investors got some great news on Tuesday. Rivian and Volkswagen (OTC: VWAGY) announced they will form a joint venture (JV) that will marry Rivian technology to Volkswagen cash -- as much as $5 billion that Rivian can us...
2024-06-27 09:11:39 ET More on Rivian Rivian Soars On Volkswagen Deal, Still Just A Hold (Upgrade) Rivian: Volkswagen Deal Is A Game Changer Rivian Automotive: Upgrading On Volkswagen Investment And Proposed Joint Venture Biggest stock movers today: VSTO, WHR...
2024-06-27 05:00:00 ET Rivian (NASDAQ: RIVN) made a huge announcement on Tuesday that Volkswagen will invest up to $3 billion in the company, and the two companies will start a joint venture to share vehicle architecture. In this video, Travis Hoium breaks down the deal and why ...
2024-06-26 17:44:24 ET Summary Rivian shares surged after announcing a deal with Volkswagen, potentially bringing in necessary capital. Volkswagen could invest up to $5 billion here, but some of that would go towards a joint venture between the two firms. Rivian's valuation is...
A look at the top 10 most actives in the United States Faraday Future Intelligent Electric Inc. (FFIE) rose 73.0% to $0.4585 on volume of 640,087,036 shares Ocean Power Technologies Inc. (OPTT) rose 34.9% to $0.1812 on volume of 396,326,565 shares NVIDIA Corporation (NVDA) rose 0.2% to $1...
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2024-07-21 05:28:00 ET While many investors are currently pessimistic regarding the electric vehicle (EV) industry, as sales growth continues to creep along rather than explode higher, Rivian (NASDAQ: RIVN) continues to buck the trend with positive news. Not only did it exceed expec...
2024-07-20 18:06:00 ET The transition to battery-powered vehicles is well under way, with prominent automotive stalwarts shifting production and resources to making electric vehicles, and small EV start-ups developing their own models. Despite this focus, EV stocks have been volatile ov...
2024-07-20 06:15:00 ET Rivian Automotive (NASDAQ: RIVN) just inked a deal with Volkswagen that Fisker dreamed of as it was reaching for help before eventually filing for bankruptcy. That's not to say Rivian is anywhere near the position Fisker found itself in. Still, the potenti...